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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, 12 10/26/23 10/27/25 ------- $12.2766 09/12/25 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 13 04/18/24 04/17/26 ------- $11.2323 09/12/25 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 14 10/08/24 10/08/26 $10.7418 $10.5001 09/12/25 6.75% ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 15 12/12/24 12/11/26 $9.9623 $9.7381 09/12/25 6.84% ---- ---- CUSIPS
Covered Call Select Closed-End, 100 03/08/24 03/09/26 ------- $10.5073 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 101 04/10/24 04/10/26 ------- $10.6102 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 102 05/17/24 05/18/26 ------- $10.4753 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 103 08/14/24 08/14/26 ------- $10.5382 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 104 09/11/24 09/11/26 ------- $10.3819 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 105 12/09/24 12/09/26 $9.9570 $9.7330 09/12/25 7.00% ---- ---- CUSIPS
Covered Call Select Closed-End, 106 03/07/25 03/08/27 $10.5891 $10.3509 09/12/25 6.95% ---- ---- CUSIPS
Covered Call Select Closed-End, 107 06/05/25 06/04/27 $10.5317 $10.2948 09/12/25 7.14% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Covered Call Select Closed-End, 95 09/18/23 09/18/25 ------- $11.2006 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 96 10/18/23 10/20/25 ------- $11.3938 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 97 11/13/23 11/13/25 ------- $11.3919 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 98 12/18/23 12/18/25 ------- $10.7298 09/12/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 99 01/25/24 01/26/26 ------- $10.7138 09/12/25 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 60 07/11/24 10/16/25 ------- $9.9225 09/12/25 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 61 10/11/24 01/16/26 $9.9077 $9.7740 09/12/25 5.20% ---- ---- CUSIPS
Diversified Fixed Income ETF, 62 01/14/25 04/16/26 $10.1616 $10.0244 09/12/25 5.27% ---- ---- CUSIPS
Diversified Fixed Income ETF, 63 04/11/25 07/16/26 $10.3282 $10.1887 09/12/25 5.34% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income Closed-End, 59 09/27/23 09/26/25 ------- $11.1807 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 60 11/14/23 11/14/25 ------- $11.2682 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 61 01/03/24 01/02/26 ------- $10.4464 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 62 02/12/24 02/12/26 ------- $10.5922 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 63 03/14/24 03/13/26 ------- $10.0415 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 64 05/07/24 05/07/26 ------- $10.3629 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 65 06/26/24 06/26/26 ------- $10.2620 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 66 08/07/24 08/07/26 ------- $10.0101 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 67 09/17/24 09/17/26 $10.0148 $9.7894 09/12/25 9.23% ---- ---- CUSIPS
Diversified High Income Closed-End, 68 10/28/24 10/28/26 $9.8498 $9.6282 09/12/25 9.59% ---- ---- CUSIPS
Diversified High Income Closed-End, 69 12/11/24 12/11/26 $9.7817 $9.5617 09/12/25 9.72% ---- ---- CUSIPS
Diversified High Income Closed-End, 70 01/29/25 01/29/27 $9.9361 $9.7125 09/12/25 9.61% ---- ---- CUSIPS
Diversified High Income Closed-End, 71 04/04/25 04/05/27 $11.5891 $11.3283 09/12/25 10.12% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income Closed-End, 72 06/24/25 06/24/27 $10.0949 $9.8678 09/12/25 10.33% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income ETF, 1 06/25/24 06/25/26 ------- $9.8508 09/12/25 ------- ---- ---- CUSIPS
Diversified High Income ETF, 2 09/19/24 09/18/26 $9.7079 $9.4895 09/12/25 7.05% ---- ---- CUSIPS
Diversified High Income ETF, 3 12/18/24 12/18/26 $10.0431 $9.8171 09/12/25 6.95% ---- ---- CUSIPS
Diversified High Income ETF, 4 03/18/25 03/18/27 $10.1273 $9.8994 09/12/25 7.05% ---- ---- CUSIPS
Diversified High Income ETF, 5 06/12/25 06/11/27 $10.1231 $9.8953 09/12/25 7.31% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Dividend & Income Select Closed-End, 104 10/11/23 10/10/25 ------- $11.6426 09/12/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 105 01/05/24 01/05/26 ------- $11.0902 09/12/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 106 02/28/24 02/27/26 ------- $10.7928 09/12/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 107 03/22/24 03/23/26 ------- $10.6493 09/12/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 108 05/15/24 05/15/26 ------- $10.6604 09/12/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 109 06/12/24 06/12/26 ------- $10.5163 09/12/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 110 09/11/24 09/11/26 ------- $10.3091 09/12/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 111 10/17/24 10/16/26 $10.1469 $9.9186 09/12/25 8.12% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 112 11/22/24 11/23/26 $9.9227 $9.6994 09/12/25 8.35% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 113 01/29/25 01/29/27 $10.2345 $10.0043 09/12/25 8.09% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 114 04/02/25 04/02/27 $10.8285 $10.5849 09/12/25 8.15% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 10 11/03/22 12/01/25 ------- $3.3117 09/12/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 11 02/03/23 02/19/26 ------- $3.2886 09/12/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 12 05/03/23 08/20/26 ------- $3.2090 09/12/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 13 11/01/23 11/20/26 ------- $6.6069 09/12/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 14 02/01/24 02/18/27 ------- $6.6407 09/12/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 15 06/03/24 07/02/27 ------- $6.6615 09/12/25 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 3 07/02/24 10/07/25 ------- $10.1117 09/12/25 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 4 10/01/24 01/06/26 $9.9100 $9.7614 09/12/25 7.08% ---- ---- CUSIPS
FT 60/40 Target Income, 5 01/03/25 04/07/26 $10.0433 $9.8926 09/12/25 7.04% ---- ---- CUSIPS
FT 60/40 Target Income, 6 04/03/25 07/07/26 $10.8432 $10.6806 09/12/25 7.14% 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 $10.4373 $10.2808 09/12/25 8.58% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Diversified Target Income, 6 08/29/24 12/01/25 ------- $9.8157 09/12/25 ------- ---- ---- CUSIPS
FT Diversified Target Income, 7 11/21/24 02/23/26 $9.4901 $9.3478 09/12/25 8.50% ---- ---- CUSIPS
FT Diversified Target Income, 8 01/23/25 04/23/26 $9.7542 $9.6079 09/12/25 8.47% ---- ---- CUSIPS
FT Diversified Target Income, 9 04/23/25 07/23/26 $11.1162 $10.9495 09/12/25 8.49% ---- ---- CUSIPS
FT High Income Model, 1st Qtr 2025 12/30/24 04/07/26 $10.2813 $10.1271 09/12/25 4.33% ---- ---- CUSIPS
FT High Income Model, 2nd Qtr 2025 03/28/25 07/07/26 $10.2165 $10.0632 09/12/25 4.50% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT High Income Model, 3rd Qtr 2024 06/27/24 10/07/25 ------- $10.1734 09/12/25 ------- ---- ---- CUSIPS
FT High Income Model, 4th Qtr 2024 09/27/24 01/06/26 $9.8991 $9.7506 09/12/25 4.24% ---- ---- CUSIPS
FT Income, 25 07/02/24 10/02/25 ------- $10.8152 09/12/25 ------- ---- ---- CUSIPS
FT Income, 26 09/25/24 12/26/25 $10.3052 $10.1506 09/12/25 3.73% ---- ---- CUSIPS
FT Income, 27 12/18/24 03/18/26 $10.6224 $10.4630 09/12/25 3.79% ---- ---- CUSIPS
FT Income, 28 03/18/25 06/18/26 $10.3636 $10.2081 09/12/25 3.69% ---- ---- CUSIPS
FT Income, 29 06/12/25 09/14/26 $10.2400 $10.0864 09/12/25 3.81% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Short Duration Fixed Income Model, 1st Qtr 2025 12/30/24 04/07/26 $10.1350 $9.9830 09/12/25 4.25% ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 2nd Qtr 2025 03/28/25 07/07/26 $10.1129 $9.9612 09/12/25 4.32% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Short Duration Fixed Income Model, 3rd Qtr 2024 06/27/24 10/07/25 ------- $10.1080 09/12/25 ------- ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 4th Qtr 2024 09/27/24 01/06/26 $9.9800 $9.8303 09/12/25 4.12% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 14 06/27/24 10/07/25 ------- $10.1579 09/12/25 ------- ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 15 09/27/24 01/06/26 $9.9121 $9.7634 09/12/25 4.73% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 16 12/30/24 04/07/26 $10.2365 $10.0830 09/12/25 4.97% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 17 03/28/25 07/07/26 $10.2327 $10.0792 09/12/25 5.00% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Global Bond Income Closed-End, 46 11/08/23 11/07/25 ------- $10.8337 09/12/25 ------- ---- ---- CUSIPS
Global Bond Income Closed-End, 47 01/17/24 01/16/26 ------- $10.2915 09/12/25 ------- ---- ---- CUSIPS
Global Bond Income Closed-End, 48 02/28/24 02/27/26 ------- $10.1731 09/12/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 106 10/03/23 10/03/25 ------- $11.2046 09/12/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 107 12/20/23 12/19/25 ------- $10.2181 09/12/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 108 02/09/24 02/09/26 ------- $9.5559 09/12/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 109 04/10/24 04/10/26 ------- $9.6308 09/12/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 110 06/24/24 06/24/26 ------- $9.5269 09/12/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 111 08/02/24 08/03/26 ------- $9.2732 09/12/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 112 09/26/24 09/25/26 $8.9667 $8.7650 09/12/25 8.71% ---- ---- CUSIPS
High-Yield Income Closed-End, 113 11/08/24 11/09/26 $9.0906 $8.8860 09/12/25 8.59% ---- ---- CUSIPS
High-Yield Income Closed-End, 114 12/06/24 12/07/26 $9.1745 $8.9681 09/12/25 8.71% ---- ---- CUSIPS
High-Yield Income Closed-End, 115 01/07/25 01/07/27 $10.0158 $9.7905 09/12/25 8.91% ---- ---- CUSIPS
High-Yield Income Closed-End, 116 01/30/25 01/29/27 $9.8992 $9.6765 09/12/25 9.11% ---- ---- CUSIPS
High-Yield Income Closed-End, 117 02/19/25 02/19/27 $9.7706 $9.5508 09/12/25 8.89% ---- ---- CUSIPS
High-Yield Income Closed-End, 118 03/31/25 03/31/27 $10.0361 $9.8103 09/12/25 9.53% ---- ---- CUSIPS
High-Yield Income Closed-End, 119 05/19/25 05/19/27 $10.1199 $9.8922 09/12/25 9.46% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
High-Yield Income Closed-End, 120 07/30/25 07/30/27 $9.9313 $9.7078 09/12/25 9.97% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Limited Duration Fixed Income ETF, 53 10/24/23 10/24/25 ------- $10.2398 09/12/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 54 12/13/23 12/12/25 ------- $9.9276 09/12/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 55 01/29/24 01/29/26 ------- $9.8869 09/12/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 56 03/05/24 03/05/26 ------- $9.7900 09/12/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 57 04/18/24 04/17/26 ------- $9.9668 09/12/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 58 05/29/24 05/29/26 ------- $9.8554 09/12/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 59 07/10/24 07/10/26 ------- $9.7943 09/12/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 60 08/20/24 08/20/26 ------- $9.6804 09/12/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 61 10/01/24 10/01/26 $9.8823 $9.6600 09/12/25 5.31% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 62 11/21/24 11/20/26 $9.9168 $9.6937 09/12/25 5.37% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 63 01/16/25 01/15/27 $9.9741 $9.7496 09/12/25 5.35% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 64 04/03/25 04/02/27 $10.1393 $9.9111 09/12/25 5.46% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Senior Loan and Limited Duration ETF, 11 07/15/24 10/15/25 ------- $9.7725 09/12/25 ------- ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 12 10/08/24 01/08/26 $9.8477 $9.7148 09/12/25 5.77% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 13 01/03/25 04/06/26 $9.8813 $9.7479 09/12/25 5.81% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 14 03/20/25 06/22/26 $9.9540 $9.8196 09/12/25 5.74% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 15 06/12/25 09/14/26 $9.9283 $9.7942 09/12/25 5.83% 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 $9.3331 $9.1231 09/12/25 8.33% ---- ---- CUSIPS
Strategic Income Closed-End, 101 10/25/24 10/26/26 $9.3935 $9.1821 09/12/25 8.24% ---- ---- CUSIPS
Strategic Income Closed-End, 102 12/11/24 12/11/26 $9.7040 $9.4856 09/12/25 8.34% ---- ---- CUSIPS
Strategic Income Closed-End, 103 01/30/25 01/29/27 $9.9886 $9.7639 09/12/25 8.18% ---- ---- CUSIPS
Strategic Income Closed-End, 104 03/03/25 03/03/27 $9.9421 $9.7184 09/12/25 8.48% ---- ---- CUSIPS
Strategic Income Closed-End, 105 05/02/25 05/03/27 $10.2625 $10.0316 09/12/25 8.75% ---- ---- CUSIPS
Strategic Income Closed-End, 106 06/11/25 06/11/27 $10.0063 $9.7811 09/12/25 8.95% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Closed-End, 107 08/06/25 08/06/27 $9.8502 $9.6285 09/12/25 9.42% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Closed-End, 92 10/04/23 10/03/25 ------- $11.1027 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 93 12/06/23 12/05/25 ------- $10.2775 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 94 02/02/24 02/02/26 ------- $10.1706 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 95 03/11/24 03/11/26 ------- $9.8145 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 96 04/29/24 04/29/26 ------- $10.1980 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 97 06/18/24 06/18/26 ------- $9.6028 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 98 07/25/24 07/24/26 ------- $9.7943 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 99 08/23/24 08/24/26 ------- $9.2379 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 69 10/11/23 10/10/25 ------- $11.3125 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 70 11/20/23 11/20/25 ------- $10.9409 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 71 01/03/24 01/02/26 ------- $10.7604 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 72 02/20/24 02/20/26 ------- $10.5369 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 73 04/04/24 04/02/26 ------- $10.3698 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 74 04/24/24 04/24/26 ------- $10.7184 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 75 06/07/24 06/08/26 ------- $10.1479 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 76 07/12/24 07/13/26 ------- $10.0043 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 77 08/07/24 08/07/26 ------- $10.1453 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 78 09/04/24 09/04/26 ------- $9.8524 09/12/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 79 10/04/24 10/05/26 $9.9388 $9.7152 09/12/25 8.26% ---- ---- CUSIPS
Strategic Income Select Closed-End, 80 11/05/24 11/05/26 $9.9604 $9.7363 09/12/25 8.28% ---- ---- CUSIPS
Strategic Income Select Closed-End, 81 12/04/24 12/04/26 $9.8249 $9.6038 09/12/25 8.31% ---- ---- CUSIPS
Strategic Income Select Closed-End, 82 12/31/24 12/31/26 $10.2984 $10.0666 09/12/25 8.26% ---- ---- CUSIPS
Strategic Income Select Closed-End, 83 01/29/25 01/29/27 $10.1135 $9.8859 09/12/25 8.13% ---- ---- CUSIPS
Strategic Income Select Closed-End, 84 04/04/25 04/05/27 $11.7544 $11.4899 09/12/25 8.30% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Select Closed-End, 85 06/24/25 06/24/27 $10.3004 $10.0687 09/12/25 8.58% 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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