40/60 Strategic Allocation, 2nd Qtr 2026  Ticker: FCFUYX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing approximately 40% of its assets in common stocks which are selected by applying a disciplined investment strategy and 60% of its assets in exchange-traded funds which invest in fixed-income securities.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: 4S2Q26
Portfolio Status: Secondary
Initial Offer Date: 04/13/2026
Secondary Date: 07/14/2026
Portfolio Ending Date: 07/16/2027
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.8113
POP(*): $9.9456
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 11/04/2026 4:00pm ET
The Public Offering Price (POP) represents the net asset value per unit plus any sales charges. The Net Asset Value (NAV) represents the value per unit of a trust’s portfolio securities and other assets reduced by applicable deferred sales charges and other liabilities.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 11/4/2026) Per Unit (as of 11/2/2026)
3.84% $0.38220
^ There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. The historical 12-month distribution per unit is based on the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio. The historical 12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust's offering price. The historical 12-month distribution and rate are reduced to account for the effects of fees and expenses, which will be incurred when investing in a trust. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit and rate paid by the trust may be higher or lower than the amount shown above due to certain factors that may include, but are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the sale of securities in the portfolio. For trusts that include funds, distributions may include realized short-term capital gains, realized long-term capital gains and/or return of capital.

 Holdings  Export Current Holdings  
NameSymbolWeighting
 VanEck IG Floating Rate ETF FLTR 2.41%
 WisdomTree Floating Rate Treasury Fund USFR 2.41%
 Invesco Senior Loan ETF BKLN 2.40%
 State Street SPDR Blackstone Senior Loan ETF SRLN 2.39%
 Franklin Senior Loan ETF FLBL 2.37%
 First Trust Limited Duration Investment Grade Corporate ETF FSIG 2.35%
 First Trust Structured Credit Income Opportunities ETF SCIO 2.35%
 First Trust Tactical High Yield ETF HYLS 2.34%
 Invesco Variable Rate Preferred ETF VRP 2.34%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 2.33%
 Vanguard Mortgage-Backed Securities ETF VMBS 2.32%
 Franklin High Yield Corporate ETF FLHY 2.32%
 PIMCO 0-5 Year High Yield Corporate Bond Exchange-Traded Fund HYS 2.31%
 State Street SPDR Bloomberg Short Term High Yield Bond ETF SJNK 2.31%
 State Street SPDR Portfolio Corporate Bond Index ETF SPBO 2.31%
 iShares Broad USD High Yield Corporate Bond ETF USHY 2.31%
 State Street SPDR Portfolio High Yield Bond Index ETF SPHY 2.31%
 First Trust Core Investment Grade ETF FTCB 2.31%
 Janus Henderson Mortgage-Backed Securities ETF JMBS 2.30%
 iShares High Yield Systematic Bond ETF HYDB 2.29%
 VanEck J.P. Morgan EM Local Currency Bond ETF EMLC 2.28%
 First Trust Preferred Securities and Income ETF FPE 2.27%
 iShares 10+ Year Investment Grade Corporate Bond ETF IGLB 2.26%
 Vanguard Long-Term Corporate Bond ETF VCLT 2.25%
 State Street SPDR Portfolio Long Term Corporate Bond Index ETF SPLB 2.25%
 Automatic Data Processing, Inc. ADP 0.52%
 Elevance Health Inc. ELV 0.45%
 The Travelers Companies, Inc. TRV 0.44%
 Keurig Dr Pepper Inc. KDP 0.44%
 Becton, Dickinson and Company BDX 0.43%
 Cisco Systems, Inc. CSCO 0.42%
 The Allstate Corporation ALL 0.42%
 eBay Inc. EBAY 0.42%
 Monster Beverage Corporation MNST 0.42%
 The Coca-Cola Company KO 0.41%
 Union Pacific Corporation UNP 0.41%
 Gilead Sciences, Inc. GILD 0.41%
 Targa Resources Corp. TRGP 0.41%
 The Progressive Corporation PGR 0.40%
 McKesson Corporation MCK 0.39%
 ConocoPhillips COP 0.39%
 Cheniere Energy, Inc. LNG 0.39%
 Cboe Global Markets, Inc. CBOE 0.39%
 ExxonMobil Holdings Corp. XOM 0.39%
 The Walt Disney Company DIS 0.38%
 EOG Resources, Inc. EOG 0.38%
 Berkshire Hathaway Inc. (Class B) BRK/B 0.38%
 Johnson & Johnson JNJ 0.37%
 The Procter & Gamble Company PG 0.37%
 International Business Machines Corporation IBM 0.37%
 General Dynamics Corporation GD 0.37%
 The Cigna Group CI 0.37%
 Adobe Incorporated ADBE 0.36%
 Bristol-Myers Squibb Company BMY 0.35%
 Waste Management, Inc. WM 0.35%
 Ross Stores, Inc. ROST 0.35%
 Consolidated Edison, Inc. ED 0.34%
 Sysco Corporation SYY 0.34%
 M&T Bank Corporation MTB 0.34%
 D.R. Horton, Inc. DHI 0.34%
 Walmart Inc. WMT 0.33%
 The Hartford Insurance Group, Inc. HIG 0.33%
 Devon Energy Corporation DVN 0.33%
 ResMed Inc. RMD 0.33%
 Parker-Hannifin Corporation PH 0.33%
 DBS Group Holdings Ltd. (ADR) DBSDY 0.33%
 Chipotle Mexican Grill, Inc. CMG 0.33%
 Tokio Marine Holdings, Inc. (ADR) TKOMY 0.33%
 Oversea-Chinese Banking Corporation Limited (ADR) OVCHY 0.33%
 Xcel Energy Inc. XEL 0.32%
 Duke Energy Corporation DUK 0.32%
 Copart, Inc. CPRT 0.32%
 HCA Healthcare, Inc. HCA 0.32%
 Atmos Energy Corporation ATO 0.31%
 Exelon Corporation EXC 0.31%
 EMCOR Group, Inc. EME 0.31%
 Suncor Energy Inc. SU 0.31%
 Canadian Natural Resources Limited CNQ 0.31%
 EQT Corporation EQT 0.31%
 Equinor ASA EQNR 0.31%
 NTT, Inc. (ADR) NTTYY 0.31%
 Newmont Corporation NEM 0.30%
 Chubb Limited CB 0.30%
 Itochu Corp. (ADR) ITOCY 0.30%
 Howmet Aerospace Inc. HWM 0.30%
 Shell plc (ADR) SHEL 0.30%
 PepsiCo, Inc. PEP 0.29%
 The TJX Companies, Inc. TJX 0.29%
 Anheuser-Busch InBev S.A./N.V. (ADR) BUD 0.29%
 Alphabet Inc. (Class A) GOOGL 0.29%
 Comcast Corporation (Class A) CMCSA 0.28%
 Eni S.p.A. (ADR) E 0.28%
 British American Tobacco Plc (ADR) BTI 0.28%
 Baker Hughes Company (Class A) BKR 0.28%
 AT&T Inc. T 0.27%
 Air Liquide S.A. (ADR) AIQUY 0.27%
 Fast Retailing Co., Ltd. (ADR) FRCOY 0.27%
 Industria de Diseno Textil, S.A. (ADR) IDEXY 0.27%
 Sanofi (ADR) SNY 0.26%
 Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR) MURGY 0.26%
 Linde Plc LIN 0.26%
 HSBC Holdings plc (ADR) HSBC 0.25%
 BAE Systems Plc (ADR) BAESY 0.25%
 PG&E Corporation PCG 0.24%
 Las Vegas Sands Corp. LVS 0.24%
 Zoetis Inc. ZTS 0.24%
 AstraZeneca Plc AZN 0.24%
 FactSet Research Systems Inc. FDS 0.22%
 Exelixis, Inc. EXEL 0.22%
 Rio Tinto plc (ADR) RIO 0.22%
 Prosus N.V. (ADR) PROSY 0.22%
 Deutsche Telekom AG (ADR) DTEGY 0.21%
 PDD Holdings Inc. (ADR) PDD 0.21%
 Chugai Pharmaceutical Co., Ltd. (ADR) CHGCY 0.21%
 Agnico Eagle Mines Limited AEM 0.20%
 Engie S.A. (ADR) ENGIY 0.20%
 Vinci S.A. (ADR) VCISY 0.20%
 Mohawk Industries, Inc. MHK 0.19%
 The Hanover Insurance Group, Inc. THG 0.19%
 SEI Investments Company SEIC 0.18%
 Dollar Tree, Inc. DLTR 0.18%
 Bio-Rad Laboratories, Inc. (Class A) BIO 0.18%
 Neurocrine Biosciences, Inc. NBIX 0.17%
 SM Energy Company SM 0.17%
 Incyte Corporation INCY 0.16%
 Permian Resources Corp. PR 0.16%
 Krystal Biotech, Inc. KRYS 0.16%
 BJ's Wholesale Club Holdings, Inc. BJ 0.16%
 Ovintiv Inc. OVV 0.16%
 AptarGroup, Inc. ATR 0.15%
 Jack Henry & Associates, Inc. JKHY 0.15%
 Darden Restaurants, Inc. DRI 0.15%
 Crown Holdings, Inc. CCK 0.15%
 Texas Roadhouse, Inc. TXRH 0.15%
 SouthState Bank Corporation SSB 0.15%
 US Foods Holding Corp. USFD 0.15%
 Enact Holdings, Inc. ACT 0.15%
 Globe Life Inc. GL 0.14%
 MGIC Investment Corporation MTG 0.14%
 Murphy Oil Corporation MUR 0.14%
 Toll Brothers, Inc. TOL 0.14%
 PulteGroup, Inc. PHM 0.14%
 Zimmer Biomet Holdings, Inc. ZBH 0.14%
 BioMarin Pharmaceutical Inc. BMRN 0.14%
 Antero Resources Corporation AR 0.14%
 Tradeweb Markets Inc. (Class A) TW 0.14%
 Universal Health Services, Inc. (Class B) UHS 0.13%
 Snap-on Incorporated SNA 0.13%
 Kirby Corporation KEX 0.13%
 CF Industries Holdings, Inc. CF 0.13%
 United Therapeutics Corporation UTHR 0.13%
 The Ensign Group, Inc. ENSG 0.13%
 FirstCash Holdings, Inc. FCFS 0.13%
 McCormick & Company, Incorporated MKC 0.12%
 Mueller Industries, Inc. MLI 0.12%
 CNX Resources Corporation CNX 0.12%
 EnerSys ENS 0.12%
 First Solar, Inc. FSLR 0.12%
 Archrock, Inc. AROC 0.12%
 ONE Gas, Inc. OGS 0.12%
 VICI Properties Inc. VICI 0.12%
 Casey's General Stores, Inc. CASY 0.11%
 The New York Times Company (Class A) NYT 0.11%
 Abercrombie & Fitch Co. (Class A) ANF 0.11%
 Edison International EIX 0.11%
 Ingredion Incorporated INGR 0.11%
 National Fuel Gas Company NFG 0.11%
 ESCO Technologies Inc. ESE 0.11%
 Deckers Outdoor Corporation DECK 0.11%
 IES Holdings, Inc. IESC 0.11%
 Harley-Davidson, Inc. HOG 0.10%
 CoreCivic, Inc. CXW 0.10%
 Pilgrim's Pride Corporation PPC 0.10%
 The Mosaic Company MOS 0.10%
 Urban Outfitters, Inc. URBN 0.09%
 Carpenter Technology Corporation CRS 0.09%
 Chemed Corporation CHE 0.09%
 Cirrus Logic, Inc. CRUS 0.09%
 Matson, Inc. MATX 0.09%
 Iridium Communications Inc. IRDM 0.09%
 Sprouts Farmers Market, Inc. SFM 0.09%
 Compass, Inc. (Class A) COMP 0.09%
 1st Source Corporation SRCE 0.08%
 Patterson-UTI Energy, Inc. PTEN 0.08%
 Federated Hermes, Inc. (Class B) FHI 0.08%
 FTI Consulting, Inc. FCN 0.08%
 Mercury General Corporation MCY 0.08%
 Central Garden & Pet Company (Class A) CENTA 0.08%
 Argan, Inc. AGX 0.08%
 Graphic Packaging Holding Company GPK 0.08%
 NetScout Systems, Inc. NTCT 0.08%
 Par Pacific Holdings, Inc. PARR 0.08%
 DXC Technology Company DXC 0.08%
 Cactus, Inc. (Class A) WHD 0.08%
 Brady Corporation BRC 0.07%
 Radian Group Inc. RDN 0.07%
 M/I Homes, Inc. MHO 0.07%
 Weis Markets, Inc. WMK 0.07%
 Plexus Corp. PLXS 0.07%
 Spectrum Brands Holdings, Inc. SPB 0.07%
 Covista Inc. CVSA 0.07%
 PriceSmart, Inc. PSMT 0.07%
 Oceaneering International, Inc. OII 0.07%
 EZCORP, Inc. EZPW 0.07%
 H2O America HTO 0.07%
 AZZ Inc. AZZ 0.07%
 Enterprise Financial Services Corp EFSC 0.07%
 NMI Holdings, Inc. (Class A) NMIH 0.07%
 Freshpet, Inc. FRPT 0.07%
 Laureate Education, Inc. (Class A) LAUR 0.07%
 Talos Energy Inc. TALO 0.07%
 Palomar Holdings, Inc. PLMR 0.07%
 Crescent Energy Company CRGY 0.07%
 Tootsie Roll Industries, Inc. TR 0.06%
 Sonoco Products Company SON 0.06%
 KB Home KBH 0.06%
 Strategic Education, Inc. STRA 0.06%
 Cal-Maine Foods, Inc. CALM 0.06%
 International Bancshares Corporation IBOC 0.06%
 Rush Enterprises, Inc. (Class A) RUSHA 0.06%
 Avista Corporation AVA 0.06%
 Innoviva, Inc. INVA 0.06%
 Ingles Markets, Incorporated IMKTA 0.06%
 ACADIA Pharmaceuticals Inc. ACAD 0.06%
 Stride, Inc. LRN 0.06%
 Green Brick Partners, Inc. GRBK 0.06%
 Tidewater Inc. TDW 0.06%
 Core Natural Resources, Inc. CNR 0.06%
 Gulfport Energy Corporation GPOR 0.06%
 Erasca, Inc. ERAS 0.06%
 The Marzetti Company MZTI 0.05%
 Liberty Energy Inc. (Class A) LBRT 0.04%
 Alignment Healthcare, Inc. ALHC 0.02%
 
Total Number of Holdings:    233
Underlying Securities information represented above is as of 11/03/2026 but will vary with future fluctuations in the market.

Risk Considerations

Unit investment trusts are designed to be held until trust termination. If redeemed early, additional fees, such as remaining deferred sales charges, will be assessed.

Equity Risk. An investment in a portfolio containing common stocks is subject to certain risks, such as an economic recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market.

Buy & Hold Risk – Taxable Trusts. This UIT is a buy and hold strategy and investors should consider their ability to hold the trust until maturity. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

Covenant-Lite Loan Risk. Covenant-lite loans contain fewer or no maintenance covenants and may hinder the funds' ability to reprice credit risk and mitigate potential loss especially during a downturn in the credit cycle.

ETF Risk. ETFs are subject to various risks, including management's ability to meet the fund's investment objective, and to manage the fund's portfolio when the underlying securities are redeemed or sold, during periods of market turmoil and as investors' perceptions regarding ETFs or their underlying investments change. Unlike open-end funds, which trade at prices based on a current determination of the fund's net asset value, ETFs frequently trade at a discount from their net asset value in the secondary market.

Floating Rate Risk. A floating-rate security is an instrument in which the interest rate payable on the obligation fluctuates on a periodic basis based upon changes in an interest rate benchmark. As a result, the yield on such a security will generally decline in a falling interest rate environment, causing the trust to experience a reduction in the income it receives from such securities.

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

High-Yield or Junk Bonds Risk. Investing in high-yield securities should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such securities. High-yield securities are subject to numerous risks, including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. High-yield security prices tend to fluctuate more than higher rated securities and are affected by short-term credit developments to a greater degree.

Investment Grade Bonds Risk. Investment grade securities are subject to numerous risks including higher interest rates, economic recession, deterioration of the investment grade security market or investors' perception thereof, possible downgrades and defaults of interest and/or principal.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

Market Risk. Market risk is the risk that a particular security, or units of a trust in general may fall in value. Securities are subject to market fluctuations caused by such factors as general economic conditions, political events, regulatory or market developments, changes in interest rates, and perceived trends in securities prices. Units of a trust could decline in value or underperform other investments as a result. In addition, local, regional, or global events such as war, acts of terrorism, spread of infectious disease or other public health issues, recessions, natural disasters, or other events could have significant negative impact on a trust.

Mortgage-Backed Securities Risk. Rising interest rates tend to extend the duration of mortgage-backed securities, making them more sensitive to changes in interest rates, and may reduce the market value of the securities. In addition, mortgage-backed securities are subject to prepayment risk, the risk that borrowers may pay off their mortgages sooner than expected, particularly when interest rates decline.

Senior Loans Risk. The yield on funds which invest in senior loans will generally decline in a falling interest rate environment and increase in a rising interest rate environment. Senior loans are generally below investment grade quality ("junk" bonds). An investment in senior loans involves the risk that the borrowers may default on their obligations to pay principal or interest when due.

Small-Cap and Mid-Cap Risk. An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap companies and certain mid-cap companies are often more volatile than those of larger companies due to several factors, including limited trading volumes, products, financial resources, management inexperience and less publicly available information.

US Treasury Obligations Risk. U.S. Treasury obligations are subject to numerous risks including higher interest rates, economic recession and deterioration of the bond market or investors' perceptions thereof.

Volatility Risk. The value of the securities held by the trust may be subject to steep declines or increased volatility due to changes in performance or perception of the issuers.

Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.

Important Note. It is important to note that an investment can be made in the underlying funds directly rather than through the trust. These direct investments can be made without paying the trust's sales charge, operating expenses and organization costs.

Operational Risk. As the use of Internet technology has become more prevalent in the course of business, the trust has become more susceptible to potential operational risks through breaches in cybersecurity.

You should carefully consider the trust's investment objectives, risks, and charges and expenses before investing. Contact your financial professional or call First Trust Portfolios, L.P. at 1.800.621.1675 to request a prospectus, which contains this and other information about the trust. Read it carefully before you invest.

This product information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state to any person to whom it is not lawful to make such an offer. Sales of any of these securities must include prospectus delivery and the services of a retail broker/dealer duly licensed in the appropriate states.

Not FDIC Insured, Not Bank Guaranteed and May Lose Value.

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