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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 ------- $10.9605 05/09/25 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 13 04/18/24 04/17/26 ------- $9.8084 05/09/25 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 14 10/08/24 10/08/26 $9.3659 $9.1552 05/09/25 7.72% ---- ---- CUSIPS
Covered Call Select Closed-End, 100 03/08/24 03/09/26 ------- $9.6524 05/09/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 101 04/10/24 04/10/26 ------- $9.6761 05/09/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 102 05/17/24 05/18/26 $9.7312 $9.5123 05/09/25 7.59% ---- ---- CUSIPS
Covered Call Select Closed-End, 103 08/14/24 08/14/26 $9.7345 $9.5155 05/09/25 7.43% ---- ---- CUSIPS
Covered Call Select Closed-End, 104 09/11/24 09/11/26 $9.5730 $9.3576 05/09/25 7.39% ---- ---- CUSIPS
Covered Call Select Closed-End, 105 12/09/24 12/09/26 $8.9757 $8.7737 05/09/25 7.60% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Covered Call Select Closed-End, 94 07/19/23 07/18/25 ------- $9.2627 05/09/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 95 09/18/23 09/18/25 ------- $10.1613 05/09/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 96 10/18/23 10/20/25 ------- $10.3966 05/09/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 97 11/13/23 11/13/25 ------- $10.4871 05/09/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 98 12/18/23 12/18/25 ------- $9.7662 05/09/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 99 01/25/24 01/26/26 ------- $9.7672 05/09/25 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 59 04/11/24 07/16/25 ------- $9.7314 05/09/25 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 60 07/11/24 10/16/25 $9.7740 $9.6420 05/09/25 5.44% ---- ---- CUSIPS
Diversified Fixed Income ETF, 61 10/11/24 01/16/26 $9.6012 $9.4716 05/09/25 5.43% ---- ---- CUSIPS
Diversified Fixed Income ETF, 62 01/14/25 04/16/26 $9.8499 $9.7169 05/09/25 5.56% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income Closed-End, 56 05/19/23 05/19/25 ------- $10.2203 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 57 07/14/23 07/14/25 ------- $9.5714 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 58 08/16/23 08/15/25 ------- $10.0082 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 59 09/27/23 09/26/25 ------- $10.4616 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 60 11/14/23 11/14/25 ------- $10.5372 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 61 01/03/24 01/02/26 ------- $9.7969 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 62 02/12/24 02/12/26 ------- $9.8708 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 63 03/14/24 03/13/26 ------- $9.4822 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 64 05/07/24 05/07/26 ------- $9.7006 05/09/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 65 06/26/24 06/26/26 $9.7791 $9.5590 05/09/25 9.23% ---- ---- CUSIPS
Diversified High Income Closed-End, 66 08/07/24 08/07/26 $9.6525 $9.4353 05/09/25 9.42% ---- ---- CUSIPS
Diversified High Income Closed-End, 67 09/17/24 09/17/26 $9.3641 $9.1534 05/09/25 9.78% ---- ---- CUSIPS
Diversified High Income Closed-End, 68 10/28/24 10/28/26 $9.1820 $8.9754 05/09/25 10.24% ---- ---- CUSIPS
Diversified High Income Closed-End, 69 12/11/24 12/11/26 $9.1347 $8.9291 05/09/25 10.44% ---- ---- CUSIPS
Diversified High Income Closed-End, 70 01/29/25 01/29/27 $9.3268 $9.1170 05/09/25 10.46% 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 $9.6398 $9.4229 05/09/25 7.58% ---- ---- CUSIPS
Diversified High Income ETF, 2 09/19/24 09/18/26 $9.2825 $9.0736 05/09/25 7.41% ---- ---- CUSIPS
Diversified High Income ETF, 3 12/18/24 12/18/26 $9.6292 $9.4125 05/09/25 7.34% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Dividend & Income Select Closed-End, 102 05/19/23 05/19/25 ------- $10.0764 05/09/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 103 08/16/23 08/15/25 ------- $9.9903 05/09/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 104 10/11/23 10/10/25 ------- $10.6254 05/09/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 105 01/05/24 01/05/26 ------- $10.1132 05/09/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 106 02/28/24 02/27/26 ------- $10.0190 05/09/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 107 03/22/24 03/23/26 ------- $9.7478 05/09/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 108 05/15/24 05/15/26 $9.9430 $9.7193 05/09/25 7.93% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 109 06/12/24 06/12/26 $9.8291 $9.6080 05/09/25 8.33% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 110 09/11/24 09/11/26 $9.6040 $9.3879 05/09/25 8.40% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 111 10/17/24 10/16/26 $9.1620 $8.9558 05/09/25 8.91% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 112 11/22/24 11/23/26 $8.9790 $8.7770 05/09/25 9.24% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 113 01/29/25 01/29/27 $9.2591 $9.0507 05/09/25 8.97% 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 ------- $3.2950 05/09/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 11 02/03/23 02/19/26 ------- $3.3051 05/09/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 12 05/03/23 08/20/26 ------- $6.3611 05/09/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 13 11/01/23 11/20/26 ------- $6.6269 05/09/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 14 02/01/24 02/18/27 ------- $6.5941 05/09/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 15 06/03/24 07/02/27 $10.0474 $9.9972 05/09/25 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 2 03/19/24 07/07/25 ------- $9.4530 05/09/25 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 3 07/02/24 10/07/25 $9.6812 $9.5359 05/09/25 7.49% ---- ---- CUSIPS
FT 60/40 Target Income, 4 10/01/24 01/06/26 $9.3872 $9.2464 05/09/25 7.51% ---- ---- CUSIPS
FT 60/40 Target Income, 5 01/03/25 04/07/26 $9.5026 $9.3601 05/09/25 7.63% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Diversified Target Income, 4 03/12/24 06/12/25 ------- $9.2695 05/09/25 ------- ---- ---- CUSIPS
FT Diversified Target Income, 5 06/06/24 09/08/25 $9.5499 $9.4066 05/09/25 9.31% ---- ---- CUSIPS
FT Diversified Target Income, 6 08/29/24 12/01/25 $9.3006 $9.1611 05/09/25 9.40% ---- ---- CUSIPS
FT Diversified Target Income, 7 11/21/24 02/23/26 $8.8255 $8.6931 05/09/25 9.29% ---- ---- CUSIPS
FT Diversified Target Income, 8 01/23/25 04/23/26 $9.0744 $8.9383 05/09/25 9.35% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT High Income Model, 1st Qtr 2025 12/30/24 04/07/26 $9.9704 $9.8209 05/09/25 4.52% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT High Income Model, 2nd Qtr 2024 03/28/24 07/07/25 ------- $9.8244 05/09/25 ------- ---- ---- CUSIPS
FT High Income Model, 3rd Qtr 2024 06/27/24 10/07/25 $10.0051 $9.8550 05/09/25 4.40% ---- ---- CUSIPS
FT High Income Model, 4th Qtr 2024 09/27/24 01/06/26 $9.6041 $9.4601 05/09/25 4.32% ---- ---- CUSIPS
FT Income, 24 04/12/24 07/14/25 ------- $10.3254 05/09/25 ------- ---- ---- CUSIPS
FT Income, 25 07/02/24 10/02/25 $10.3715 $10.2159 05/09/25 4.03% ---- ---- CUSIPS
FT Income, 26 09/25/24 12/26/25 $9.7831 $9.6364 05/09/25 4.00% ---- ---- CUSIPS
FT Income, 27 12/18/24 03/18/26 $10.1071 $9.9555 05/09/25 4.08% 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 $9.9587 $9.8093 05/09/25 4.41% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Short Duration Fixed Income Model, 2nd Qtr 2024 03/28/24 07/07/25 ------- $9.9082 05/09/25 ------- ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 3rd Qtr 2024 06/27/24 10/07/25 $10.0443 $9.8936 05/09/25 4.25% ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 4th Qtr 2024 09/27/24 01/06/26 $9.7795 $9.6328 05/09/25 4.19% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 13 03/28/24 07/07/25 ------- $9.7518 05/09/25 ------- ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 14 06/27/24 10/07/25 $9.9671 $9.8176 05/09/25 4.90% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 15 09/27/24 01/06/26 $9.5972 $9.4532 05/09/25 4.84% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 16 12/30/24 04/07/26 $9.9229 $9.7741 05/09/25 5.29% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Global Bond Income Closed-End, 44 06/02/23 06/02/25 ------- $10.0369 05/09/25 ------- ---- ---- CUSIPS
Global Bond Income Closed-End, 45 08/31/23 09/02/25 ------- $9.9096 05/09/25 ------- ---- ---- CUSIPS
Global Bond Income Closed-End, 46 11/08/23 11/07/25 ------- $10.1353 05/09/25 ------- ---- ---- CUSIPS
Global Bond Income Closed-End, 47 01/17/24 01/16/26 ------- $9.7318 05/09/25 ------- ---- ---- CUSIPS
Global Bond Income Closed-End, 48 02/28/24 02/27/26 ------- $9.5681 05/09/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 105 08/02/23 08/01/25 ------- $9.5576 05/09/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 106 10/03/23 10/03/25 ------- $10.6252 05/09/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 107 12/20/23 12/19/25 ------- $9.7618 05/09/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 108 02/09/24 02/09/26 ------- $9.1211 05/09/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 109 04/10/24 04/10/26 ------- $9.2091 05/09/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 110 06/24/24 06/24/26 $9.3359 $9.1258 05/09/25 9.24% ---- ---- CUSIPS
High-Yield Income Closed-End, 111 08/02/24 08/03/26 $9.0751 $8.8709 05/09/25 9.18% ---- ---- CUSIPS
High-Yield Income Closed-End, 112 09/26/24 09/25/26 $8.5663 $8.3736 05/09/25 9.08% ---- ---- CUSIPS
High-Yield Income Closed-End, 113 11/08/24 11/09/26 $8.6482 $8.4536 05/09/25 8.99% ---- ---- CUSIPS
High-Yield Income Closed-End, 114 12/06/24 12/07/26 $8.7895 $8.5917 05/09/25 9.14% ---- ---- CUSIPS
High-Yield Income Closed-End, 115 01/07/25 01/07/27 $9.5628 $9.3476 05/09/25 9.43% ---- ---- CUSIPS
High-Yield Income Closed-End, 116 01/30/25 01/29/27 $9.5424 $9.3277 05/09/25 9.64% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
High-Yield Income Closed-End, 117 02/19/25 02/19/27 $9.3480 $9.1377 05/09/25 9.47% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Limited Duration Fixed Income ETF, 51 07/13/23 07/14/25 ------- $9.7421 05/09/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 52 08/30/23 08/29/25 ------- $9.8072 05/09/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 53 10/24/23 10/24/25 ------- $10.0191 05/09/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 54 12/13/23 12/12/25 ------- $9.7025 05/09/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 55 01/29/24 01/29/26 ------- $9.6962 05/09/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 56 03/05/24 03/05/26 ------- $9.6146 05/09/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 57 04/18/24 04/17/26 ------- $9.7384 05/09/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 58 05/29/24 05/29/26 $9.8533 $9.6316 05/09/25 5.64% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 59 07/10/24 07/10/26 $9.8089 $9.5882 05/09/25 5.63% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 60 08/20/24 08/20/26 $9.7178 $9.4992 05/09/25 5.58% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 61 10/01/24 10/01/26 $9.6837 $9.4658 05/09/25 5.51% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 62 11/21/24 11/20/26 $9.7114 $9.4929 05/09/25 5.62% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 63 01/16/25 01/15/27 $9.7671 $9.5473 05/09/25 5.65% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Senior Loan and Limited Duration ETF, 10 04/18/24 07/18/25 ------- $9.6928 05/09/25 ------- ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 11 07/15/24 10/15/25 $9.7662 $9.6344 05/09/25 5.99% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 12 10/08/24 01/08/26 $9.7101 $9.5790 05/09/25 6.08% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 13 01/03/25 04/06/26 $9.7417 $9.6102 05/09/25 6.16% 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 $8.9520 $8.7506 05/09/25 8.67% ---- ---- CUSIPS
Strategic Income Closed-End, 101 10/25/24 10/26/26 $9.0059 $8.8032 05/09/25 8.58% ---- ---- CUSIPS
Strategic Income Closed-End, 102 12/11/24 12/11/26 $9.2907 $9.0816 05/09/25 8.75% ---- ---- CUSIPS
Strategic Income Closed-End, 103 01/30/25 01/29/27 $9.5288 $9.3144 05/09/25 8.80% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Closed-End, 104 03/03/25 03/03/27 $9.4869 $9.2735 05/09/25 9.10% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Closed-End, 90 07/24/23 07/24/25 ------- $9.8111 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 91 08/23/23 08/22/25 ------- $9.6546 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 92 10/04/23 10/03/25 ------- $10.5485 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 93 12/06/23 12/05/25 ------- $9.9116 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 94 02/02/24 02/02/26 ------- $9.7071 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 95 03/11/24 03/11/26 ------- $9.4100 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 96 04/29/24 04/29/26 ------- $9.7208 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 97 06/18/24 06/18/26 $9.4175 $9.2057 05/09/25 8.73% ---- ---- CUSIPS
Strategic Income Closed-End, 98 07/25/24 07/24/26 $9.6112 $9.3949 05/09/25 8.59% ---- ---- CUSIPS
Strategic Income Closed-End, 99 08/23/24 08/24/26 $8.9877 $8.7854 05/09/25 8.78% ---- ---- CUSIPS
Strategic Income Select Closed-End, 65 05/19/23 05/19/25 ------- $10.1043 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 66 06/22/23 06/23/25 ------- $9.7397 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 67 07/24/23 07/24/25 ------- $9.8125 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 68 08/23/23 08/22/25 ------- $10.1231 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 69 10/11/23 10/10/25 ------- $10.6013 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 70 11/20/23 11/20/25 ------- $10.3551 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 71 01/03/24 01/02/26 ------- $10.0752 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 72 02/20/24 02/20/26 ------- $9.8273 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 73 04/04/24 04/02/26 ------- $9.7095 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 74 04/24/24 04/24/26 ------- $10.0062 05/09/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 75 06/07/24 06/08/26 $9.7363 $9.5172 05/09/25 8.97% ---- ---- CUSIPS
Strategic Income Select Closed-End, 76 07/12/24 07/13/26 $9.6571 $9.4398 05/09/25 8.47% ---- ---- CUSIPS
Strategic Income Select Closed-End, 77 08/07/24 08/07/26 $9.7276 $9.5087 05/09/25 8.42% ---- ---- CUSIPS
Strategic Income Select Closed-End, 78 09/04/24 09/04/26 $9.4183 $9.2064 05/09/25 8.92% ---- ---- CUSIPS
Strategic Income Select Closed-End, 79 10/04/24 10/05/26 $9.2238 $9.0163 05/09/25 8.83% ---- ---- CUSIPS
Strategic Income Select Closed-End, 80 11/05/24 11/05/26 $9.2189 $9.0115 05/09/25 8.87% ---- ---- CUSIPS
Strategic Income Select Closed-End, 81 12/04/24 12/04/26 $9.1230 $8.9178 05/09/25 8.97% ---- ---- CUSIPS
Strategic Income Select Closed-End, 82 12/31/24 12/31/26 $9.5737 $9.3583 05/09/25 8.98% ---- ---- CUSIPS
Strategic Income Select Closed-End, 83 01/29/25 01/29/27 $9.3706 $9.1597 05/09/25 8.93% 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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