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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 ------- $11.7994 07/13/26 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 15 12/12/24 12/11/26 ------- $11.0470 07/13/26 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 16 06/04/25 06/04/27 ------- $11.9361 07/13/26 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 17 11/25/25 11/24/27 $11.1458 $10.8950 07/13/26 6.69% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Covered Call Select Closed-End, 103 08/14/24 08/14/26 ------- $11.0626 07/13/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 104 09/11/24 09/11/26 ------- $10.9463 07/13/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 105 12/09/24 12/09/26 ------- $10.3129 07/13/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 106 03/07/25 03/08/27 ------- $11.1022 07/13/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 107 06/05/25 06/04/27 ------- $11.2545 07/13/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 108 09/05/25 09/07/27 $10.8599 $10.6156 07/13/26 6.64% ---- ---- CUSIPS
Covered Call Select Closed-End, 109 10/23/25 10/22/27 $10.4212 $10.1867 07/13/26 6.88% ---- ---- CUSIPS
Covered Call Select Closed-End, 110 01/06/26 01/06/28 $10.4058 $10.1717 07/13/26 6.83% ---- ---- CUSIPS
Covered Call Select Closed-End, 111 04/01/26 04/03/28 $11.0342 $10.7859 07/13/26 7.01% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified Fixed Income ETF, 63 04/11/25 07/16/26 ------- $9.9680 07/13/26 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 64 07/11/25 10/16/26 ------- $9.6515 07/13/26 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 65 09/25/25 01/19/27 $9.6427 $9.5126 07/13/26 5.25% ---- ---- CUSIPS
Diversified Fixed Income ETF, 66 01/13/26 04/16/27 $9.6759 $9.5452 07/13/26 5.39% ---- ---- CUSIPS
Diversified High Income Closed-End, 66 08/07/24 08/07/26 ------- $9.5525 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 67 09/17/24 09/17/26 ------- $9.4910 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 68 10/28/24 10/28/26 ------- $9.4138 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 69 12/11/24 12/11/26 ------- $9.3019 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 70 01/29/25 01/29/27 ------- $9.2873 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 71 04/04/25 04/05/27 ------- $11.1535 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 72 06/24/25 06/24/27 ------- $10.0162 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 73 09/05/25 09/07/27 $9.8881 $9.6656 07/13/26 10.00% ---- ---- CUSIPS
Diversified High Income Closed-End, 74 10/23/25 10/22/27 $9.7838 $9.5637 07/13/26 10.21% ---- ---- CUSIPS
Diversified High Income Closed-End, 75 01/06/26 01/06/28 $9.8978 $9.6751 07/13/26 9.84% ---- ---- CUSIPS
Diversified High Income Closed-End, 76 04/01/26 04/03/28 $10.2814 $10.0500 07/13/26 10.51% 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 ------- $9.8051 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 3 12/18/24 12/18/26 ------- $10.1880 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 4 03/18/25 03/18/27 ------- $10.2361 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 5 06/12/25 06/11/27 ------- $10.1886 07/13/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 6 09/10/25 09/10/27 $10.1081 $9.8807 07/13/26 6.84% ---- ---- CUSIPS
Diversified High Income ETF, 7 12/04/25 12/03/27 $10.0011 $9.7761 07/13/26 6.99% ---- ---- CUSIPS
Diversified High Income ETF, 8 03/03/26 03/06/28 $9.9255 $9.7022 07/13/26 7.11% 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 ------- $10.6721 07/13/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 111 10/17/24 10/16/26 ------- $10.3607 07/13/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 112 11/22/24 11/23/26 ------- $10.2198 07/13/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 113 01/29/25 01/29/27 ------- $10.5221 07/13/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 114 04/02/25 04/02/27 ------- $11.2910 07/13/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 115 06/17/25 06/17/27 ------- $11.0440 07/13/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 116 09/15/25 09/15/27 $10.4692 $10.2337 07/13/26 7.94% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 117 11/10/25 11/10/27 $10.5237 $10.2869 07/13/26 8.07% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 118 02/03/26 02/03/28 $10.0862 $9.8592 07/13/26 8.33% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Dividend & Income Select Closed-End, 119 04/15/26 04/17/28 $10.0314 $9.8057 07/13/26 8.24% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 12 05/03/23 08/17/26 ------- $3.1259 07/13/26 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 13 11/01/23 11/16/26 ------- $3.2733 07/13/26 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 14 02/01/24 02/16/27 ------- $3.3058 07/13/26 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 15 06/03/24 07/01/27 ------- $3.2712 07/13/26 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 10 04/02/26 07/07/27 $10.4272 $10.2708 07/13/26 7.11% 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 ------- $10.2809 07/13/26 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 8 09/25/25 01/07/27 $10.2301 $10.0766 07/13/26 7.01% ---- ---- CUSIPS
FT 60/40 Target Income, 9 01/05/26 04/07/27 $10.1472 $9.9949 07/13/26 7.00% ---- ---- CUSIPS
FT Diversified Target Income 2-Year Portfolio, 1 12/12/25 12/13/27 $10.4687 $10.2175 07/13/26 7.91% ---- ---- CUSIPS
FT Diversified Target Income 2-Year Portfolio, 2 03/10/26 03/10/28 $10.5560 $10.3027 07/13/26 7.98% 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 ------- $10.8845 07/13/26 ------- ---- ---- CUSIPS
FT Diversified Target Income, 11 08/14/25 11/16/26 $10.6408 $10.4812 07/13/26 8.28% ---- ---- CUSIPS
FT Diversified Target Income, 12 11/25/25 02/25/27 $10.6172 $10.4579 07/13/26 8.05% ---- ---- CUSIPS
FT Diversified Target Income, 13 02/20/26 05/20/27 $10.3198 $10.1650 07/13/26 8.09% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Diversified Target Income, 9 04/23/25 07/23/26 ------- $11.6810 07/13/26 ------- ---- ---- CUSIPS
FT High Income Model, 1st Qtr 2026 12/30/25 04/07/27 $9.6645 $9.5196 07/13/26 4.79% ---- ---- CUSIPS
FT High Income Model, 2nd Qtr 2026 03/30/26 07/07/27 $9.9039 $9.7553 07/13/26 4.78% 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 ------- $9.6626 07/13/26 ------- ---- ---- CUSIPS
FT High Income Model, 4th Qtr 2025 09/29/25 01/07/27 $9.6630 $9.5181 07/13/26 4.72% ---- ---- CUSIPS
FT Income, 29 06/12/25 09/14/26 ------- $10.5462 07/13/26 ------- ---- ---- CUSIPS
FT Income, 30 09/10/25 12/10/26 $10.4427 $10.2861 07/13/26 3.72% ---- ---- CUSIPS
FT Income, 31 12/04/25 03/04/27 $10.3498 $10.1945 07/13/26 3.72% ---- ---- CUSIPS
FT Income, 32 03/03/26 06/03/27 $9.9033 $9.7547 07/13/26 3.87% 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 $9.7443 $9.5982 07/13/26 4.40% ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 2nd Qtr 2026 03/30/26 07/07/27 $9.9380 $9.7889 07/13/26 4.46% 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 ------- $9.7107 07/13/26 ------- ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 4th Qtr 2025 09/29/25 01/07/27 $9.7744 $9.6277 07/13/26 4.38% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 18 06/27/25 10/07/26 ------- $9.6253 07/13/26 ------- ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 19 09/29/25 01/07/27 $9.6181 $9.4738 07/13/26 5.30% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 20 12/30/25 04/07/27 $9.6526 $9.5078 07/13/26 5.33% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 21 03/30/26 07/07/27 $9.9340 $9.7850 07/13/26 5.41% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Global Equity Income Closed-End, 89 08/07/24 08/07/26 ------- $11.4892 07/13/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 90 11/01/24 11/02/26 ------- $10.9922 07/13/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 91 01/30/25 01/29/27 ------- $11.4532 07/13/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 92 04/04/25 04/05/27 ------- $12.5456 07/13/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 93 05/28/25 05/28/27 ------- $11.1502 07/13/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 94 07/08/25 07/08/27 ------- $10.6605 07/13/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 95 09/30/25 09/30/27 $10.5731 $10.3352 07/13/26 7.98% ---- ---- CUSIPS
Global Equity Income Closed-End, 96 11/06/25 11/05/27 $10.6148 $10.3760 07/13/26 8.19% ---- ---- CUSIPS
Global Equity Income Closed-End, 97 02/03/26 02/03/28 $9.9095 $9.6865 07/13/26 8.25% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Global Equity Income Closed-End, 98 04/27/26 04/27/28 $9.9237 $9.7004 07/13/26 8.38% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
High-Yield Income Closed-End, 111 08/02/24 08/03/26 ------- $8.2261 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 112 09/26/24 09/25/26 ------- $7.7431 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 113 11/08/24 11/09/26 ------- $7.8608 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 114 12/06/24 12/07/26 ------- $7.9590 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 115 01/07/25 01/07/27 ------- $8.6084 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 116 01/30/25 01/29/27 ------- $8.5308 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 117 02/19/25 02/19/27 ------- $8.1044 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 118 03/31/25 03/31/27 ------- $8.6955 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 119 05/19/25 05/19/27 ------- $8.8472 07/13/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 120 07/30/25 07/30/27 $8.7232 $8.5269 07/13/26 10.84% ---- ---- CUSIPS
High-Yield Income Closed-End, 121 09/11/25 09/10/27 $8.5537 $8.3613 07/13/26 10.75% ---- ---- CUSIPS
High-Yield Income Closed-End, 122 10/29/25 10/29/27 $8.8306 $8.6319 07/13/26 10.74% ---- ---- CUSIPS
High-Yield Income Closed-End, 123 01/06/26 01/06/28 $9.0687 $8.8646 07/13/26 10.82% ---- ---- CUSIPS
High-Yield Income Closed-End, 124 03/27/26 03/27/28 $9.8824 $9.6600 07/13/26 11.27% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Limited Duration Fixed Income ETF, 60 08/20/24 08/20/26 ------- $9.4836 07/13/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 61 10/01/24 10/01/26 ------- $9.4850 07/13/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 62 11/21/24 11/20/26 ------- $9.5236 07/13/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 63 01/16/25 01/15/27 ------- $9.5561 07/13/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 64 04/03/25 04/02/27 ------- $9.7121 07/13/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 65 07/01/25 07/01/27 ------- $9.4908 07/13/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 66 09/24/25 09/24/27 $9.6596 $9.4423 07/13/26 5.23% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 67 12/12/25 12/13/27 $9.7232 $9.5045 07/13/26 5.18% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 68 01/20/26 01/20/28 $9.7328 $9.5138 07/13/26 5.16% 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 ------- $9.5592 07/13/26 ------- ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 16 09/04/25 12/04/26 $9.6089 $9.4792 07/13/26 5.52% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 17 12/02/25 03/02/27 $9.6435 $9.5133 07/13/26 5.53% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 18 02/27/26 05/27/27 $9.8556 $9.7226 07/13/26 5.65% 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 ------- $8.3469 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 101 10/25/24 10/26/26 ------- $8.4193 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 102 12/11/24 12/11/26 ------- $8.7394 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 103 01/30/25 01/29/27 ------- $8.9952 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 104 03/03/25 03/03/27 ------- $8.9472 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 105 05/02/25 05/03/27 ------- $9.2128 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 106 06/11/25 06/11/27 ------- $8.9435 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 107 08/06/25 08/06/27 $8.9785 $8.7765 07/13/26 9.68% ---- ---- CUSIPS
Strategic Income Closed-End, 108 09/11/25 09/10/27 $8.9010 $8.7007 07/13/26 9.57% ---- ---- CUSIPS
Strategic Income Closed-End, 109 10/29/25 10/29/27 $9.1500 $8.9442 07/13/26 9.66% ---- ---- CUSIPS
Strategic Income Closed-End, 110 01/27/26 01/27/28 $9.3403 $9.1301 07/13/26 9.93% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Closed-End, 111 04/15/26 04/17/28 $9.6384 $9.4216 07/13/26 9.60% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Closed-End, 98 07/25/24 07/24/26 ------- $8.9949 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 99 08/23/24 08/24/26 ------- $8.4782 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 77 08/07/24 08/07/26 ------- $9.8381 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 78 09/04/24 09/04/26 ------- $9.6908 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 79 10/04/24 10/05/26 ------- $9.3636 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 80 11/05/24 11/05/26 ------- $9.4367 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 81 12/04/24 12/04/26 ------- $9.4289 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 82 12/31/24 12/31/26 ------- $9.8972 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 83 01/29/25 01/29/27 ------- $9.7276 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 84 04/04/25 04/05/27 ------- $11.6909 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 85 06/24/25 06/24/27 ------- $10.1095 07/13/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 86 08/06/25 08/06/27 $10.1303 $9.9024 07/13/26 8.63% ---- ---- CUSIPS
Strategic Income Select Closed-End, 87 10/15/25 10/15/27 $9.7859 $9.5657 07/13/26 8.67% ---- ---- CUSIPS
Strategic Income Select Closed-End, 88 12/11/25 12/10/27 $10.0056 $9.7804 07/13/26 8.65% ---- ---- CUSIPS
Strategic Income Select Closed-End, 89 02/05/26 02/04/28 $9.8949 $9.6723 07/13/26 9.00% ---- ---- CUSIPS
Strategic Income Select Closed-End, 90 04/01/26 03/31/28 $10.3433 $10.1105 07/13/26 9.19% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
U.S. Equity Closed-End, 50 07/18/24 07/17/26 ------- $10.7424 07/13/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 51 10/16/24 10/16/26 ------- $10.2093 07/13/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 52 01/13/25 01/13/27 ------- $10.5024 07/13/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 53 04/04/25 04/05/27 ------- $11.9290 07/13/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 54 07/15/25 07/15/27 $11.0188 $10.7709 07/13/26 7.18% ---- ---- CUSIPS
U.S. Equity Closed-End, 55 10/15/25 10/15/27 $10.6939 $10.4533 07/13/26 7.31% ---- ---- CUSIPS
U.S. Equity Closed-End, 56 01/15/26 01/18/28 $10.4455 $10.2105 07/13/26 7.56% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
U.S. Equity Closed-End, 57 04/15/26 04/17/28 $10.1513 $9.9229 07/13/26 7.91% 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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