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Corporate Investment Grade Long-Term, 1  Ticker: FCOIGX
 
Description
The Corporate Investment Grade Portfolio, Long-Term Series is a professionally selected, fixed portfolio of corporate bond issues rated in the four highest categories by Standard & Poors. The portfolio seeks to provide investors with distributions of interest and the potential for capital preservation.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: CILT1
Portfolio Status: Secondary
Initial Offer Date: 07/18/2002
Secondary Date: 07/10/2003
Wtd Avg Maturity: 7.7
ELTR Life: 7.7
Tax Structure: Grantor
 
Initial Offer Price: $1,000.0000
NAV(*): $905.8100
POP(*): Not Avail
PAR(*): $865.9000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 04/26/2024 4:00pm ET
The Public Offering Price (POP) represents the net asset value per unit plus any applicable organization costs and 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.

 Income Information
CUSIP Frequency / Distributions Accrued Interest Estimated Annual Income Estimated Current Return Estimated Long Term Return
30267A508 Semi-Annual $23.1500 $61.4900
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30267A524 Monthly $2.5600 $61.2100
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 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
441812JZ8 420,000 HSBC FINANCE CORP 7.625%, due 05/17/2032  NR   7.62500 05/17/2032M    
617446HD4 130,000 MORGAN STANLEY 7.25%, due 04/01/2032  A-   7.25000 04/01/2032M    
925524AH3 165,000 PARAMOUNT GLOBAL 7.875%, due 07/30/2030  BB+   7.87500 07/30/2030M    
87612EAF3 80,000 TARGET CORP 7%, due 07/15/2031  A   7.00000 07/15/2031M    
25468PBW5 80,000 TWDC ENTERPRISES 18 CORP N/C, 7%, due 03/01/2032  A-   7.00000 03/01/2032M    
92344XAB5 165,000 VERIZON NEW YORK INC 7.375%, due 04/01/2032  BBB+   7.37500 04/01/2032M    
00184AAG0 180,000 WARNER MEDIA LLC 7.70%, due 05/01/2032  BBB-   7.70000 05/01/2032M    
 
Total Number of Holdings:    7


Risk Considerations

COVID-19 Economic Impact Risk. The ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed, there is no guarantee that vaccines will be effective against future variants of the disease.

Fixed Income Risk. The value of fixed-income securities can be expected to decline with increases in interest rates and will also fluctuate with changes in the general condition of fixed-income securities markets, changes in inflation rates or when political or economic events affecting the issuers of such securities occur. Fixed-income portfolios may be subject to federal, state, and local taxes and/or the Alternative Minimum Tax. An investment which includes foreign bonds should be made with an understanding of the additional risks involved with foreign issues including losses due to future political and economic developments, the possible seizure or nationalization of foreign deposits, foreign currency devaluations, restrictions on foreign investments and exchange of securities, inadequate financial information and lack of U.S. jurisdiction over foreign issuers. Consult the Risk Factors section of the prospectus for a more complete discussion of the risks associated with the portfolio.

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.

Estimated current return is determined by dividing a Trust's estimated net annual interest income per unit by the public offering price per unit. Estimated long-term return is a measure of the estimated return over the estimated life of a Trust. Unlike estimated current return, estimated long-term return reflects maturities, estimated principal prepayments, Trust charges and expenses, and discounts and premiums of securities in a Trust. Returns and prices will fluctuate. Consult a prospectus for a more complete description of the estimated current return and estimated long-term return calculations.

Some of the information may have been obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor's. Reproduction and distribution of third party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content. THIRD PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPESATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES, OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice. Please see the prospectus for a full description of the bond ratings.

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.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30267A508 (Cash)
30267A516 (Cash-Wrap)
30267A524 (Cash)
30267A532 (Cash-Wrap)
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The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
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First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
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