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Secondary Taxable Income Portfolios [ View Available Primary Trusts ]
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Portfolio Name Initial
Offer
Date
Termination
Date
Offer
Price
Net Asset
Value
Price
Date
Historical 12-Month Distribution Rate of Trust HoldingsFact
Sheet
ProspectusCUSIPS
Convertible & Income Select Closed-End and ETF, 14 10/08/24 10/08/26 ------- $11.5123 09/03/26 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 15 12/12/24 12/11/26 ------- $10.7504 09/03/26 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 16 06/04/25 06/04/27 ------- $11.5639 09/03/26 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 17 11/25/25 11/24/27 $10.7721 $10.5298 09/03/26 6.93% ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 18 05/07/26 05/08/28 $9.6044 $9.3883 09/03/26 7.01% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Covered Call Select Closed-End, 104 09/11/24 09/11/26 ------- $11.1948 09/03/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 105 12/09/24 12/09/26 ------- $10.5480 09/03/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 106 03/07/25 03/08/27 ------- $11.3661 09/03/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 107 06/05/25 06/04/27 ------- $11.5249 09/03/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 108 09/05/25 09/07/27 $11.1229 $10.8726 09/03/26 6.48% ---- ---- CUSIPS
Covered Call Select Closed-End, 109 10/23/25 10/22/27 $10.6877 $10.4473 09/03/26 6.71% ---- ---- CUSIPS
Covered Call Select Closed-End, 110 01/06/26 01/06/28 $10.6441 $10.4046 09/03/26 6.68% ---- ---- CUSIPS
Covered Call Select Closed-End, 111 04/01/26 04/03/28 $11.2959 $11.0418 09/03/26 6.75% ---- ---- CUSIPS
Covered Call Select Closed-End, 112 05/29/26 05/30/28 $9.8641 $9.6421 09/03/26 6.96% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified Fixed Income ETF, 64 07/11/25 10/16/26 ------- $9.6491 09/03/26 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 65 09/25/25 01/19/27 $9.6413 $9.5111 09/03/26 5.21% ---- ---- CUSIPS
Diversified Fixed Income ETF, 66 01/13/26 04/16/27 $9.6644 $9.5339 09/03/26 5.36% ---- ---- CUSIPS
Diversified Fixed Income ETF, 67 04/13/26 07/16/27 $9.7803 $9.6483 09/03/26 5.47% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income Closed-End, 67 09/17/24 09/17/26 ------- $9.4369 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 68 10/28/24 10/28/26 ------- $9.4230 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 69 12/11/24 12/11/26 ------- $9.3263 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 70 01/29/25 01/29/27 ------- $9.3357 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 71 04/04/25 04/05/27 ------- $11.2443 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 72 06/24/25 06/24/27 ------- $10.0650 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 73 09/05/25 09/07/27 $9.9691 $9.7448 09/03/26 9.97% ---- ---- CUSIPS
Diversified High Income Closed-End, 74 10/23/25 10/22/27 $9.8188 $9.5978 09/03/26 10.21% ---- ---- CUSIPS
Diversified High Income Closed-End, 75 01/06/26 01/06/28 $9.9603 $9.7362 09/03/26 9.83% ---- ---- CUSIPS
Diversified High Income Closed-End, 76 04/01/26 04/03/28 $10.3120 $10.0800 09/03/26 10.38% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income Closed-End, 77 06/25/26 06/26/28 $9.8949 $9.6723 09/03/26 10.46% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income ETF, 2 09/19/24 09/18/26 ------- $9.9542 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 3 12/18/24 12/18/26 ------- $10.3717 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 4 03/18/25 03/18/27 ------- $10.4089 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 5 06/12/25 06/11/27 ------- $10.3592 09/03/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 6 09/10/25 09/10/27 $10.2686 $10.0375 09/03/26 6.73% ---- ---- CUSIPS
Diversified High Income ETF, 7 12/04/25 12/03/27 $10.1463 $9.9180 09/03/26 6.91% ---- ---- CUSIPS
Diversified High Income ETF, 8 03/03/26 03/06/28 $10.0363 $9.8105 09/03/26 6.90% ---- ---- CUSIPS
Diversified High Income ETF, 9 06/04/26 06/05/28 $9.9155 $9.6924 09/03/26 7.08% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Dividend & Income Select Closed-End, 110 09/11/24 09/11/26 ------- $10.7800 09/03/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 111 10/17/24 10/16/26 ------- $10.5009 09/03/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 112 11/22/24 11/23/26 ------- $10.4017 09/03/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 113 01/29/25 01/29/27 ------- $10.7449 09/03/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 114 04/02/25 04/02/27 ------- $11.5857 09/03/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 115 06/17/25 06/17/27 ------- $11.3031 09/03/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 116 09/15/25 09/15/27 $10.6806 $10.4403 09/03/26 7.85% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 117 11/10/25 11/10/27 $10.7777 $10.5352 09/03/26 7.95% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 118 02/03/26 02/03/28 $10.2552 $10.0244 09/03/26 8.20% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 119 04/15/26 04/17/28 $10.1975 $9.9680 09/03/26 8.06% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 13 11/01/23 11/16/26 ------- $3.2708 09/03/26 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 14 02/01/24 02/16/27 ------- $3.3184 09/03/26 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 15 06/03/24 07/01/27 ------- $3.2812 09/03/26 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 10 04/02/26 07/07/27 $10.5128 $10.3551 09/03/26 6.99% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT 60/40 Target Income, 7 07/01/25 10/07/26 ------- $10.3636 09/03/26 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 8 09/25/25 01/07/27 $10.3137 $10.1590 09/03/26 6.97% ---- ---- CUSIPS
FT 60/40 Target Income, 9 01/05/26 04/07/27 $10.2279 $10.0745 09/03/26 6.96% ---- ---- CUSIPS
FT Diversified Target Income 2-Year Portfolio, 1 12/12/25 12/13/27 $10.6130 $10.3582 09/03/26 7.83% ---- ---- CUSIPS
FT Diversified Target Income 2-Year Portfolio, 2 03/10/26 03/10/28 $10.7009 $10.4441 09/03/26 7.77% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Diversified Target Income, 10 06/10/25 09/10/26 ------- $11.0425 09/03/26 ------- ---- ---- CUSIPS
FT Diversified Target Income, 11 08/14/25 11/16/26 ------- $10.6214 09/03/26 ------- ---- ---- CUSIPS
FT Diversified Target Income, 12 11/25/25 02/25/27 $10.7635 $10.6020 09/03/26 7.96% ---- ---- CUSIPS
FT Diversified Target Income, 13 02/20/26 05/20/27 $10.4611 $10.3042 09/03/26 7.97% ---- ---- CUSIPS
FT Diversified Target Income, 14 04/21/26 07/21/27 $10.3931 $10.2372 09/03/26 8.04% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT High Income Model, 1st Qtr 2026 12/30/25 04/07/27 $9.6352 $9.4906 09/03/26 4.82% ---- ---- CUSIPS
FT High Income Model, 2nd Qtr 2026 03/30/26 07/07/27 $9.8748 $9.7267 09/03/26 4.74% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT High Income Model, 3rd Qtr 2025 06/27/25 10/07/26 ------- $9.6385 09/03/26 ------- ---- ---- CUSIPS
FT High Income Model, 4th Qtr 2025 09/29/25 01/07/27 $9.6378 $9.4932 09/03/26 4.75% ---- ---- CUSIPS
FT Income, 29 06/12/25 09/14/26 ------- $10.8094 09/03/26 ------- ---- ---- CUSIPS
FT Income, 30 09/10/25 12/10/26 $10.6995 $10.5390 09/03/26 3.63% ---- ---- CUSIPS
FT Income, 31 12/04/25 03/04/27 $10.5959 $10.4369 09/03/26 3.63% ---- ---- CUSIPS
FT Income, 32 03/03/26 06/03/27 $10.1047 $9.9531 09/03/26 3.75% ---- ---- CUSIPS
FT Income, 33 05/28/26 08/30/27 $10.1031 $9.9515 09/03/26 3.94% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Laddered Buffer and Target Income ETF Allocation, 1 04/28/26 07/28/27 $10.1730 $10.0204 09/03/26 5.38% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Short Duration Fixed Income Model, 1st Qtr 2026 12/30/25 04/07/27 $9.7526 $9.6063 09/03/26 4.39% ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 2nd Qtr 2026 03/30/26 07/07/27 $9.9481 $9.7989 09/03/26 4.40% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Short Duration Fixed Income Model, 3rd Qtr 2025 06/27/25 10/07/26 ------- $9.7215 09/03/26 ------- ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 4th Qtr 2025 09/29/25 01/07/27 $9.7837 $9.6370 09/03/26 4.38% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 18 06/27/25 10/07/26 ------- $9.6161 09/03/26 ------- ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 19 09/29/25 01/07/27 $9.6093 $9.4652 09/03/26 5.31% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 20 12/30/25 04/07/27 $9.6389 $9.4943 09/03/26 5.34% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 21 03/30/26 07/07/27 $9.9241 $9.7752 09/03/26 5.35% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Global Equity Income Closed-End, 90 11/01/24 11/02/26 ------- $11.4822 09/03/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 91 01/30/25 01/29/27 ------- $12.0050 09/03/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 92 04/04/25 04/05/27 ------- $13.0883 09/03/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 93 05/28/25 05/28/27 ------- $11.6043 09/03/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 94 07/08/25 07/08/27 ------- $11.0393 09/03/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 95 09/30/25 09/30/27 $10.9030 $10.6577 09/03/26 7.75% ---- ---- CUSIPS
Global Equity Income Closed-End, 96 11/06/25 11/05/27 $10.9674 $10.7206 09/03/26 7.95% ---- ---- CUSIPS
Global Equity Income Closed-End, 97 02/03/26 02/03/28 $10.2482 $10.0176 09/03/26 7.93% ---- ---- CUSIPS
Global Equity Income Closed-End, 98 04/27/26 04/27/28 $10.3181 $10.0860 09/03/26 7.99% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
High-Yield Income Closed-End, 112 09/26/24 09/25/26 ------- $7.6104 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 113 11/08/24 11/09/26 ------- $7.7471 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 114 12/06/24 12/07/26 ------- $7.8348 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 115 01/07/25 01/07/27 ------- $8.4937 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 116 01/30/25 01/29/27 ------- $8.3721 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 117 02/19/25 02/19/27 ------- $7.9716 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 118 03/31/25 03/31/27 ------- $8.5608 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 119 05/19/25 05/19/27 ------- $8.7101 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 120 07/30/25 07/30/27 ------- $8.3803 09/03/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 121 09/11/25 09/10/27 $8.4133 $8.2240 09/03/26 10.92% ---- ---- CUSIPS
High-Yield Income Closed-End, 122 10/29/25 10/29/27 $8.6736 $8.4785 09/03/26 10.94% ---- ---- CUSIPS
High-Yield Income Closed-End, 123 01/06/26 01/06/28 $8.9027 $8.7024 09/03/26 11.02% ---- ---- CUSIPS
High-Yield Income Closed-End, 124 03/27/26 03/27/28 $9.7105 $9.4920 09/03/26 11.29% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
High-Yield Income Closed-End, 125 06/18/26 06/20/28 $9.5897 $9.3739 09/03/26 11.40% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Limited Duration Fixed Income ETF, 61 10/01/24 10/01/26 ------- $9.4985 09/03/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 62 11/21/24 11/20/26 ------- $9.5384 09/03/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 63 01/16/25 01/15/27 ------- $9.5705 09/03/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 64 04/03/25 04/02/27 ------- $9.7284 09/03/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 65 07/01/25 07/01/27 ------- $9.5118 09/03/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 66 09/24/25 09/24/27 $9.6772 $9.4595 09/03/26 5.18% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 67 12/12/25 12/13/27 $9.7421 $9.5229 09/03/26 5.12% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 68 01/20/26 01/20/28 $9.7531 $9.5337 09/03/26 5.11% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 69 04/21/26 04/21/28 $9.8247 $9.6036 09/03/26 5.35% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Senior Loan and Limited Duration ETF, 15 06/12/25 09/14/26 ------- $9.6075 09/03/26 ------- ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 16 09/04/25 12/04/26 $9.6593 $9.5289 09/03/26 5.42% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 17 12/02/25 03/02/27 $9.6944 $9.5635 09/03/26 5.44% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 18 02/27/26 05/27/27 $9.9043 $9.7706 09/03/26 5.50% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 19 05/28/26 08/30/27 $9.8867 $9.7533 09/03/26 5.50% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Closed-End, 100 09/26/24 09/25/26 ------- $8.2746 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 101 10/25/24 10/26/26 ------- $8.3090 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 102 12/11/24 12/11/26 ------- $8.6006 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 103 01/30/25 01/29/27 ------- $8.9156 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 104 03/03/25 03/03/27 ------- $8.8796 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 105 05/02/25 05/03/27 ------- $9.1332 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 106 06/11/25 06/11/27 ------- $8.8907 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 107 08/06/25 08/06/27 ------- $8.6732 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 108 09/11/25 09/10/27 $8.7974 $8.5995 09/03/26 9.64% ---- ---- CUSIPS
Strategic Income Closed-End, 109 10/29/25 10/29/27 $9.0658 $8.8618 09/03/26 9.74% ---- ---- CUSIPS
Strategic Income Closed-End, 110 01/27/26 01/27/28 $9.1938 $8.9869 09/03/26 9.98% ---- ---- CUSIPS
Strategic Income Closed-End, 111 04/15/26 04/17/28 $9.4928 $9.2792 09/03/26 9.56% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Select Closed-End, 79 10/04/24 10/05/26 ------- $9.4570 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 80 11/05/24 11/05/26 ------- $9.5073 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 81 12/04/24 12/04/26 ------- $9.4782 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 82 12/31/24 12/31/26 ------- $9.9298 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 83 01/29/25 01/29/27 ------- $9.7518 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 84 04/04/25 04/05/27 ------- $11.7732 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 85 06/24/25 06/24/27 ------- $10.1837 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 86 08/06/25 08/06/27 ------- $9.9935 09/03/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 87 10/15/25 10/15/27 $9.8328 $9.6115 09/03/26 8.66% ---- ---- CUSIPS
Strategic Income Select Closed-End, 88 12/11/25 12/10/27 $10.0560 $9.8298 09/03/26 8.65% ---- ---- CUSIPS
Strategic Income Select Closed-End, 89 02/05/26 02/04/28 $9.9322 $9.7088 09/03/26 8.91% ---- ---- CUSIPS
Strategic Income Select Closed-End, 90 04/01/26 03/31/28 $10.3516 $10.1187 09/03/26 9.06% ---- ---- CUSIPS
Strategic Income Select Closed-End, 91 05/06/26 05/08/28 $9.8039 $9.5834 09/03/26 8.93% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
U.S. Equity Closed-End, 51 10/16/24 10/16/26 ------- $10.3527 09/03/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 52 01/13/25 01/13/27 ------- $10.6588 09/03/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 53 04/04/25 04/05/27 ------- $12.1024 09/03/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 54 07/15/25 07/15/27 ------- $10.8830 09/03/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 55 10/15/25 10/15/27 $10.8661 $10.6216 09/03/26 7.28% ---- ---- CUSIPS
U.S. Equity Closed-End, 56 01/15/26 01/18/28 $10.6641 $10.4241 09/03/26 7.51% ---- ---- CUSIPS
U.S. Equity Closed-End, 57 04/15/26 04/17/28 $10.3248 $10.0925 09/03/26 7.77% ---- ---- CUSIPS
U.S. Equity Closed-End, 58 06/03/26 06/02/28 $10.0905 $9.8634 09/03/26 8.16% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS

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. PLEASE NOTE: For trusts that hold preferred securities, the historical distribution rate is calculated using only the holdings that have 12 months of distribution history. Any holdings without a 12 month history of dividends were excluded from the calculation.

As a result of several factors which may include changing interest rates, refundings, and sales or defaults on the underlying securities, there is no guarantee that distributions will either remain at current levels or increase over time. Estimated current return is determined by dividing a Trusts 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 net income, estimated current return and estimated long-term return calculations.

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.

 
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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