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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, 15 12/12/24 12/11/26 ------- $9.4024 11/05/26 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 16 06/04/25 06/04/27 ------- $10.1262 11/05/26 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 17 11/25/25 11/24/27 $9.3664 $9.1556 11/05/26 8.02% ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 18 05/07/26 05/08/28 $8.3467 $8.1589 11/05/26 7.99% ---- ---- CUSIPS
Covered Call Select Closed-End, 105 12/09/24 12/09/26 ------- $9.6789 11/05/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 106 03/07/25 03/08/27 ------- $10.4401 11/05/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 107 06/05/25 06/04/27 ------- $10.6090 11/05/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 108 09/05/25 09/07/27 ------- $10.0110 11/05/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 109 10/23/25 10/22/27 ------- $9.5887 11/05/26 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 110 01/06/26 01/06/28 $9.7537 $9.5342 11/05/26 7.71% ---- ---- CUSIPS
Covered Call Select Closed-End, 111 04/01/26 04/03/28 $10.3478 $10.1150 11/05/26 7.82% ---- ---- CUSIPS
Covered Call Select Closed-End, 112 05/29/26 05/30/28 $9.0500 $8.8464 11/05/26 7.91% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified Fixed Income ETF, 65 09/25/25 01/19/27 ------- $9.3486 11/05/26 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 66 01/13/26 04/16/27 $9.5003 $9.3720 11/05/26 5.43% ---- ---- CUSIPS
Diversified Fixed Income ETF, 67 04/13/26 07/16/27 $9.6131 $9.4833 11/05/26 5.52% ---- ---- CUSIPS
Diversified Fixed Income ETF, 68 07/14/26 10/18/27 $9.7084 $9.5773 11/05/26 5.57% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income Closed-End, 69 12/11/24 12/11/26 ------- $8.1576 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 70 01/29/25 01/29/27 ------- $8.4791 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 71 04/04/25 04/05/27 ------- $10.1205 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 72 06/24/25 06/24/27 ------- $9.0333 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 73 09/05/25 09/07/27 ------- $8.7973 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 74 10/23/25 10/22/27 ------- $8.6182 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 75 01/06/26 01/06/28 $9.0121 $8.8093 11/05/26 10.88% ---- ---- CUSIPS
Diversified High Income Closed-End, 76 04/01/26 04/03/28 $9.3314 $9.1214 11/05/26 11.38% ---- ---- CUSIPS
Diversified High Income Closed-End, 77 06/25/26 06/26/28 $9.0028 $8.8002 11/05/26 11.46% ---- ---- CUSIPS
Diversified High Income Closed-End, 78 08/04/26 08/04/28 $8.8878 $8.6878 11/05/26 11.67% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income Closed-End, 79 09/04/26 09/05/28 $8.9471 $8.7458 11/05/26 12.11% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Diversified High Income ETF, 3 12/18/24 12/18/26 ------- $9.9342 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 4 03/18/25 03/18/27 ------- $9.9393 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 5 06/12/25 06/11/27 ------- $9.8974 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 6 09/10/25 09/10/27 ------- $9.5593 11/05/26 ------- ---- ---- CUSIPS
Diversified High Income ETF, 7 12/04/25 12/03/27 $9.6185 $9.4020 11/05/26 7.25% ---- ---- CUSIPS
Diversified High Income ETF, 8 03/03/26 03/06/28 $9.5453 $9.3306 11/05/26 7.23% ---- ---- CUSIPS
Diversified High Income ETF, 9 06/04/26 06/05/28 $9.4012 $9.1896 11/05/26 7.32% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Dividend & Income Select Closed-End, 112 11/22/24 11/23/26 ------- $9.0090 11/05/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 113 01/29/25 01/29/27 ------- $9.6917 11/05/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 114 04/02/25 04/02/27 ------- $10.4638 11/05/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 115 06/17/25 06/17/27 ------- $10.2689 11/05/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 116 09/15/25 09/15/27 ------- $9.4853 11/05/26 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 117 11/10/25 11/10/27 $9.7143 $9.4957 11/05/26 8.96% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 118 02/03/26 02/03/28 $9.2085 $9.0013 11/05/26 9.25% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 119 04/15/26 04/17/28 $9.2561 $9.0478 11/05/26 8.92% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 120 07/07/26 07/07/28 $9.0106 $8.8078 11/05/26 9.05% 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 ------- $3.2591 11/05/26 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 14 02/01/24 02/16/27 ------- $3.3276 11/05/26 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 15 06/03/24 07/01/27 ------- $3.2835 11/05/26 ------- ---- ---- CUSIPS
FT 60/40 Target Income 2-Year, 1 07/01/26 07/07/28 $9.5910 $9.3608 11/05/26 7.05% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT 60/40 Target Income, 10 04/02/26 07/07/27 $10.1384 $9.9863 11/05/26 7.13% ---- ---- CUSIPS
FT 60/40 Target Income, 11 07/01/26 10/07/27 $9.6336 $9.4891 11/05/26 7.14% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT 60/40 Target Income, 8 09/25/25 01/07/27 ------- $9.8022 11/05/26 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 9 01/05/26 04/07/27 $9.8644 $9.7164 11/05/26 7.13% ---- ---- CUSIPS
FT Alternative Income ETF, 1 01/28/26 04/28/27 $9.1961 $9.0581 11/05/26 8.74% ---- ---- CUSIPS
FT Alternative Income ETF, 2 05/05/26 08/05/27 $9.3746 $9.2340 11/05/26 9.29% ---- ---- CUSIPS
FT Alternative Income ETF, 3 07/30/26 10/29/27 $9.5970 $9.4531 11/05/26 9.79% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Diversified Target Income 2-Year, 1 12/12/25 12/13/27 $10.1153 $9.8726 11/05/26 8.08% ---- ---- CUSIPS
FT Diversified Target Income 2-Year, 2 03/10/26 03/10/28 $10.1942 $9.9495 11/05/26 8.03% ---- ---- CUSIPS
FT Diversified Target Income 2-Year, 3 06/11/26 06/12/28 $9.6204 $9.3895 11/05/26 8.09% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Diversified Target Income, 11 08/14/25 11/16/26 ------- $10.1765 11/05/26 ------- ---- ---- CUSIPS
FT Diversified Target Income, 12 11/25/25 02/25/27 $10.2580 $10.1041 11/05/26 8.22% ---- ---- CUSIPS
FT Diversified Target Income, 13 02/20/26 05/20/27 $9.9627 $9.8132 11/05/26 8.23% ---- ---- CUSIPS
FT Diversified Target Income, 14 04/21/26 07/21/27 $9.9045 $9.7560 11/05/26 8.22% ---- ---- CUSIPS
FT Diversified Target Income, 15 07/16/26 10/18/27 $9.6804 $9.5352 11/05/26 8.25% 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 $9.4900 $9.3476 11/05/26 4.89% ---- ---- CUSIPS
FT High Income Model, 2nd Qtr 2026 03/30/26 07/07/27 $9.7394 $9.5933 11/05/26 4.78% ---- ---- CUSIPS
FT High Income Model, 3rd Qtr 2026 06/29/26 10/07/27 $9.6933 $9.5479 11/05/26 4.82% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT High Income Model, 4th Qtr 2025 09/29/25 01/07/27 ------- $9.3573 11/05/26 ------- ---- ---- CUSIPS
FT Income, 30 09/10/25 12/10/26 ------- $10.4390 11/05/26 ------- ---- ---- CUSIPS
FT Income, 31 12/04/25 03/04/27 $10.5233 $10.3654 11/05/26 3.72% ---- ---- CUSIPS
FT Income, 32 03/03/26 06/03/27 $10.0063 $9.8562 11/05/26 3.84% ---- ---- CUSIPS
FT Income, 33 05/28/26 08/30/27 $9.9959 $9.8459 11/05/26 4.00% 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 $9.9419 $9.7928 11/05/26 5.37% ---- ---- CUSIPS
FT Laddered Buffer and Target Income ETF Allocation, 2 07/22/26 10/22/27 $9.8034 $9.6563 11/05/26 5.54% 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 $9.6530 $9.5082 11/05/26 4.44% ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 2nd Qtr 2026 03/30/26 07/07/27 $9.8487 $9.7010 11/05/26 4.42% ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 3rd Qtr 2026 06/29/26 10/07/27 $9.8214 $9.6741 11/05/26 4.51% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
FT Short Duration Fixed Income Model, 4th Qtr 2025 09/29/25 01/07/27 ------- $9.5406 11/05/26 ------- ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 19 09/29/25 01/07/27 ------- $9.3145 11/05/26 ------- ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 20 12/30/25 04/07/27 $9.4746 $9.3325 11/05/26 5.43% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 21 03/30/26 07/07/27 $9.7620 $9.6156 11/05/26 5.40% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 22 06/29/26 10/07/27 $9.7102 $9.5645 11/05/26 5.45% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Global Equity Income Closed-End, 91 01/30/25 01/29/27 ------- $10.5403 11/05/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 92 04/04/25 04/05/27 ------- $11.8757 11/05/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 93 05/28/25 05/28/27 ------- $10.5441 11/05/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 94 07/08/25 07/08/27 ------- $10.0847 11/05/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 95 09/30/25 09/30/27 ------- $9.4688 11/05/26 ------- ---- ---- CUSIPS
Global Equity Income Closed-End, 96 11/06/25 11/05/27 $9.6376 $9.4208 11/05/26 8.76% ---- ---- CUSIPS
Global Equity Income Closed-End, 97 02/03/26 02/03/28 $8.9473 $8.7459 11/05/26 8.70% ---- ---- CUSIPS
Global Equity Income Closed-End, 98 04/27/26 04/27/28 $9.0161 $8.8132 11/05/26 8.70% ---- ---- CUSIPS
Global Equity Income Closed-End, 99 07/07/26 07/07/28 $9.1982 $8.9913 11/05/26 9.02% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
High-Yield Income Closed-End, 113 11/08/24 11/09/26 ------- $7.2181 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 114 12/06/24 12/07/26 ------- $7.3073 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 115 01/07/25 01/07/27 ------- $7.8999 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 116 01/30/25 01/29/27 ------- $7.8190 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 117 02/19/25 02/19/27 ------- $7.4453 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 118 03/31/25 03/31/27 ------- $7.9322 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 119 05/19/25 05/19/27 ------- $8.0631 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 120 07/30/25 07/30/27 ------- $7.7725 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 121 09/11/25 09/10/27 ------- $7.6404 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 122 10/29/25 10/29/27 ------- $7.8590 11/05/26 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 123 01/06/26 01/06/28 $8.2423 $8.0568 11/05/26 11.83% ---- ---- CUSIPS
High-Yield Income Closed-End, 124 03/27/26 03/27/28 $8.9721 $8.7703 11/05/26 12.04% ---- ---- CUSIPS
High-Yield Income Closed-End, 125 06/18/26 06/20/28 $8.8545 $8.6553 11/05/26 11.93% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Limited Duration Fixed Income ETF, 62 11/21/24 11/20/26 ------- $9.3842 11/05/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 63 01/16/25 01/15/27 ------- $9.4160 11/05/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 64 04/03/25 04/02/27 ------- $9.5719 11/05/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 65 07/01/25 07/01/27 ------- $9.3873 11/05/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 66 09/24/25 09/24/27 ------- $9.3173 11/05/26 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 67 12/12/25 12/13/27 $9.6034 $9.3874 11/05/26 5.15% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 68 01/20/26 01/20/28 $9.6156 $9.3993 11/05/26 5.13% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 69 04/21/26 04/21/28 $9.6596 $9.4422 11/05/26 5.30% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 70 07/16/26 07/17/28 $9.7377 $9.5186 11/05/26 5.30% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Senior Loan and Limited Duration ETF, 16 09/04/25 12/04/26 ------- $9.4269 11/05/26 ------- ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 17 12/02/25 03/02/27 $9.5906 $9.4612 11/05/26 5.42% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 18 02/27/26 05/27/27 $9.7764 $9.6444 11/05/26 5.50% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 19 05/28/26 08/30/27 $9.7682 $9.6364 11/05/26 5.45% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Closed-End, 102 12/11/24 12/11/26 ------- $8.0388 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 103 01/30/25 01/29/27 ------- $8.3635 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 104 03/03/25 03/03/27 ------- $8.3324 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 105 05/02/25 05/03/27 ------- $8.5577 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 106 06/11/25 06/11/27 ------- $8.3652 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 107 08/06/25 08/06/27 ------- $8.1781 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 108 09/11/25 09/10/27 ------- $8.0941 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 109 10/29/25 10/29/27 ------- $8.2863 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 110 01/27/26 01/27/28 $8.5698 $8.3770 11/05/26 10.68% ---- ---- CUSIPS
Strategic Income Closed-End, 111 04/15/26 04/17/28 $8.8112 $8.6129 11/05/26 10.19% ---- ---- CUSIPS
Strategic Income Closed-End, 112 06/25/26 06/26/28 $8.9931 $8.7908 11/05/26 10.44% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
Strategic Income Select Closed-End, 81 12/04/24 12/04/26 ------- $8.6539 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 82 12/31/24 12/31/26 ------- $9.0821 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 83 01/29/25 01/29/27 ------- $8.9361 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 84 04/04/25 04/05/27 ------- $10.7316 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 85 06/24/25 06/24/27 ------- $9.3479 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 86 08/06/25 08/06/27 ------- $9.1683 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 87 10/15/25 10/15/27 ------- $8.8343 11/05/26 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 88 12/11/25 12/10/27 $9.1919 $8.9851 11/05/26 9.54% ---- ---- CUSIPS
Strategic Income Select Closed-End, 89 02/05/26 02/04/28 $9.1222 $8.9169 11/05/26 9.76% ---- ---- CUSIPS
Strategic Income Select Closed-End, 90 04/01/26 03/31/28 $9.4566 $9.2438 11/05/26 9.86% ---- ---- CUSIPS
Strategic Income Select Closed-End, 91 05/06/26 05/08/28 $8.9732 $8.7713 11/05/26 9.67% ---- ---- CUSIPS
Strategic Income Select Closed-End, 92 07/24/26 07/24/28 $8.9895 $8.7872 11/05/26 10.40% Click here to download a Fact Sheet Click here to download a prospectus CUSIPS
U.S. Equity Closed-End, 52 01/13/25 01/13/27 ------- $9.7315 11/05/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 53 04/04/25 04/05/27 ------- $11.1360 11/05/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 54 07/15/25 07/15/27 ------- $10.0142 11/05/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 55 10/15/25 10/15/27 ------- $9.6643 11/05/26 ------- ---- ---- CUSIPS
U.S. Equity Closed-End, 56 01/15/26 01/18/28 $9.6474 $9.4304 11/05/26 8.43% ---- ---- CUSIPS
U.S. Equity Closed-End, 57 04/15/26 04/17/28 $9.3596 $9.1490 11/05/26 8.65% ---- ---- CUSIPS
U.S. Equity Closed-End, 58 06/03/26 06/02/28 $9.0770 $8.8727 11/05/26 9.00% 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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