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Secondary Taxfree Fixed-Income Portfolios [ View Available Primary Trusts ]
Click on any of the underlined column headings to sort the results by that column. Clicking the heading toggles between ascending and descending order.
Portfolio Name Initial
Offer
Date
Offer
Price
Net Asset
Value
Price
Date
Par
Value
ECRELTRFact
Sheet
ProspectusCUSIPS
California Municipal Income, 15 04/19/18 ------- $883.6100 10/17/25 $940.4000 ---- ---- ---- ---- CUSIPS
Insured Tax Exempt Municipal Income, 246 06/25/09 ------- $218.8500 10/17/25 $202.3000 ---- ---- ---- ---- CUSIPS
Insured Tax Exempt Municipal Income, 249 07/26/12 ------- $132.2300 10/17/25 $132.4000 ---- ---- ---- ---- CUSIPS
Insured Tax Exempt Municipal Income, 250 09/13/12 ------- $192.1600 10/17/25 $185.3000 ---- ---- ---- ---- CUSIPS
Insured Tax Exempt Municipal Income, 251 01/08/13 ------- $179.5400 10/17/25 $181.0000 ---- ---- ---- ---- CUSIPS
Insured Tax Exempt Municipal Income, 252 09/19/17 ------- $929.1800 10/17/25 $954.0000 ---- ---- ---- ---- CUSIPS
Municipal Investment Grade Laddered, 1 02/21/23 ------- $952.3300 10/17/25 $922.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Inc, Long Intermediate, 3 01/17/13 ------- $223.2100 10/17/25 $216.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Inc, Long Intermediate, 4 02/14/13 ------- $180.0600 10/17/25 $174.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Inc, Long Intermediate, 5 05/14/13 ------- $377.7700 10/17/25 $352.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Inc, Long Intermediate, 6 07/16/13 ------- $156.0800 10/17/25 $156.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Inc, Long Intermediate, 8 10/24/13 ------- $168.0200 10/17/25 $158.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 12 09/11/14 ------- $64.0200 10/17/25 $64.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 13 11/04/14 ------- $74.8900 10/17/25 $75.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 14 01/06/15 ------- $135.0900 10/17/25 $136.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 15 02/19/15 ------- $158.5700 10/17/25 $159.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 16 04/21/15 ------- $333.1200 10/17/25 $332.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 17 06/11/15 ------- $231.9000 10/17/25 $231.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 18 08/04/15 ------- $220.6400 10/17/25 $221.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 19 09/15/15 ------- $188.9400 10/17/25 $190.6000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 20 11/19/15 ------- $566.4600 10/17/25 $568.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 21 01/19/16 ------- $463.4400 10/17/25 $467.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 22 03/01/16 ------- $447.4600 10/17/25 $446.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 23 04/14/16 ------- $724.9500 10/17/25 $723.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 24 05/24/16 ------- $676.9100 10/17/25 $677.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 25 07/12/16 ------- $705.1200 10/17/25 $702.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 26 08/23/16 ------- $793.3700 10/17/25 $789.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 27 10/18/16 ------- $713.4200 10/17/25 $709.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 28 01/12/17 ------- $840.8300 10/17/25 $835.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 29 03/21/17 ------- $831.0400 10/17/25 $825.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 30 05/16/17 ------- $826.0600 10/17/25 $812.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 31 09/14/17 ------- $820.8300 10/17/25 $815.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 32 12/05/17 ------- $985.5300 10/17/25 $974.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 33 02/20/18 ------- $864.5300 10/17/25 $851.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 34 04/12/18 ------- $981.5100 10/17/25 $978.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income Intermediate, 35 07/12/18 ------- $871.5800 10/17/25 $859.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 10 01/16/14 ------- $158.9500 10/17/25 $158.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 11 03/11/14 ------- $326.4400 10/17/25 $321.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 13 06/12/14 ------- $231.8600 10/17/25 $225.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 14 08/26/14 ------- $243.6300 10/17/25 $243.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 15 10/21/14 ------- $449.0100 10/17/25 $426.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 16 01/20/15 ------- $379.1700 10/17/25 $373.6000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 17 02/17/15 ------- $129.8000 10/17/25 $130.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 18 04/16/15 ------- $624.7000 10/17/25 $606.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 19 07/21/15 ------- $464.0100 10/17/25 $466.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 20 09/22/15 ------- $659.6500 10/17/25 $663.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 21 12/03/15 ------- $790.5700 10/17/25 $793.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 22 01/21/16 ------- $511.5600 10/17/25 $513.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 23 03/03/16 ------- $671.1300 10/17/25 $675.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 24 05/05/16 ------- $915.2000 10/17/25 $940.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 25 06/21/16 ------- $956.9100 10/17/25 $955.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 26 08/04/16 ------- $873.5700 10/17/25 $896.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 27 09/20/16 ------- $974.4600 10/17/25 $1000.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 28 11/15/16 ------- $931.0900 10/17/25 $941.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 29 01/19/17 ------- $929.8900 10/17/25 $953.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 30 04/25/17 ------- $980.3200 10/17/25 $987.6000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 31 08/17/17 ------- $931.9700 10/17/25 $926.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 32 01/18/18 ------- $971.3000 10/17/25 $1000.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 10–20 Year, 33 03/27/18 ------- $923.7500 10/17/25 $944.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 240 02/19/09 ------- $188.9200 10/17/25 $176.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 261 11/18/10 ------- $200.0500 10/17/25 $183.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 263 02/17/11 ------- $79.1600 10/17/25 $71.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 264 03/09/11 ------- $96.5900 10/17/25 $80.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 265 04/13/11 ------- $205.0200 10/17/25 $183.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 274 01/10/12 ------- $196.5400 10/17/25 $174.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 275 02/14/12 ------- $84.7900 10/17/25 $72.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 278 07/24/12 ------- $242.2600 10/17/25 $236.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 279 09/20/12 ------- $157.2300 10/17/25 $162.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 280 02/21/13 ------- $375.0000 10/17/25 $384.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 282 06/23/14 ------- $259.5200 10/17/25 $274.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 283 08/19/14 ------- $307.1500 10/17/25 $315.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 284 09/18/14 ------- $148.6700 10/17/25 $153.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 285 12/18/14 ------- $548.0800 10/17/25 $551.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 286 02/24/15 ------- $670.8600 10/17/25 $676.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 287 05/07/15 ------- $644.1200 10/17/25 $683.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 288 08/06/15 ------- $744.8900 10/17/25 $796.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 289 10/22/15 ------- $787.2500 10/17/25 $826.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 290 12/29/15 ------- $914.3200 10/17/25 $956.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 291 02/11/16 ------- $741.3400 10/17/25 $789.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 292 03/15/16 ------- $979.3300 10/17/25 $1001.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 293 04/26/16 ------- $902.1300 10/17/25 $938.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 294 07/26/16 ------- $911.0900 10/17/25 $952.6000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 295 09/08/16 ------- $900.3300 10/17/25 $977.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 296 11/10/16 ------- $916.2000 10/17/25 $987.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 297 01/24/17 ------- $910.5200 10/17/25 $971.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 298 04/20/17 ------- $954.2800 10/17/25 $997.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 299 09/12/17 ------- $924.2700 10/17/25 $988.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 300 01/23/18 ------- $814.8900 10/17/25 $892.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 301 03/22/18 ------- $909.9600 10/17/25 $1004.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 302 06/21/18 ------- $905.4700 10/17/25 $994.6000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 303 08/21/18 ------- $877.2700 10/17/25 $988.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 304 10/30/18 ------- $893.2800 10/17/25 $971.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 305 01/17/19 ------- $855.9100 10/17/25 $915.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 306 03/21/19 ------- $898.9500 10/17/25 $988.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 307 05/07/19 ------- $879.6300 10/17/25 $971.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 308 07/18/19 ------- $924.0000 10/17/25 $996.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 309 09/24/19 ------- $909.0800 10/17/25 $1000.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 310 01/07/20 ------- $847.5700 10/17/25 $896.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 311 05/26/20 ------- $872.8200 10/17/25 $992.6000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 312 07/16/20 ------- $850.7100 10/17/25 $982.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 313 08/20/20 ------- $867.1600 10/17/25 $1008.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 314 10/13/20 ------- $881.2100 10/17/25 $959.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 315 11/19/20 ------- $850.5900 10/17/25 $1013.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 316 12/18/20 ------- $831.8400 10/17/25 $990.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 317 02/04/21 ------- $820.5400 10/17/25 $994.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 318 04/27/21 ------- $817.5400 10/17/25 $1007.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 319 07/15/21 ------- $774.4400 10/17/25 $979.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 320 09/16/21 ------- $810.2600 10/17/25 $984.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 321 11/16/21 ------- $788.4300 10/17/25 $999.6000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 322 01/11/22 ------- $778.1000 10/17/25 $1001.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 323 04/19/22 ------- $893.3400 10/17/25 $999.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 324 10/27/22 ------- $903.2100 10/17/25 $961.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 325 11/17/22 ------- $868.5600 10/17/25 $991.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 326 12/01/22 ------- $901.1000 10/17/25 $1019.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 327 01/12/23 ------- $922.7900 10/17/25 $1022.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 328 02/16/23 ------- $909.4100 10/17/25 $1000.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 329 05/11/23 ------- $931.6700 10/17/25 $1010.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 330 06/22/23 ------- $908.9800 10/17/25 $1004.2000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 331 08/17/23 ------- $918.4000 10/17/25 $1000.0000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 332 11/15/23 ------- $907.2000 10/17/25 $995.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 333 02/15/24 ------- $928.0900 10/17/25 $1007.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 334 03/20/24 ------- $959.6200 10/17/25 $1001.7000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 335 05/21/24 ------- $924.7500 10/17/25 $1010.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, 336 07/24/24 $971.7400 $935.5800 10/17/25 $1004.2000 3.92%(m) 3.96%(m) ---- ---- CUSIPS
Tax Exempt Municipal Income, 337 10/01/24 $977.1800 $941.0100 10/17/25 $999.4000 4.04%(m) 4.05%(m) ---- ---- CUSIPS
Tax Exempt Municipal Income, 338 12/19/24 $965.3500 $929.6200 10/17/25 $999.4000 4.04%(m) 4.10%(m) ---- ---- CUSIPS
Tax Exempt Municipal Income, 339 02/20/25 $989.3400 $952.7400 10/17/25 $1001.0000 4.08%(m) 4.04%(m) ---- ---- CUSIPS
Tax Exempt Municipal Income, 340 05/01/25 $992.3500 $955.4800 10/17/25 $999.9000 4.17%(m) 4.11%(m) ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 36 09/20/18 ------- $861.0200 10/17/25 $847.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 37 10/23/18 ------- $860.6500 10/17/25 $847.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 38 01/15/19 ------- $932.8900 10/17/25 $911.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 39 03/05/19 ------- $968.5500 10/17/25 $947.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 40 05/02/19 ------- $943.7000 10/17/25 $923.4000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 41 07/16/19 ------- $1017.2300 10/17/25 $985.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 42 09/10/19 ------- $1013.5800 10/17/25 $1004.8000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 43 11/19/19 ------- $1010.3400 10/17/25 $964.9000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 44 01/16/20 ------- $1024.8000 10/17/25 $984.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 45 05/12/20 ------- $1009.5800 10/17/25 $984.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 46 12/06/22 ------- $1026.4900 10/17/25 $1022.5000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 47 01/24/23 ------- $1029.0600 10/17/25 $989.6000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 48 05/18/23 ------- $1043.5500 10/17/25 $997.1000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Intermediate, 49 08/03/23 ------- $1038.0000 10/17/25 $997.3000 ---- ---- ---- ---- CUSIPS
Tax Exempt Municipal Income, Long Intermediate, 2 09/11/12 ------- $229.7200 10/17/25 $217.9000 ---- ---- ---- ---- 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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