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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 ------- $12.2601 09/11/25 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 13 04/18/24 04/17/26 ------- $11.2079 09/11/25 ------- ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 14 10/08/24 10/08/26 $10.7153 $10.4743 09/11/25 6.77% ---- ---- CUSIPS
Convertible & Income Select Closed-End and ETF, 15 12/12/24 12/11/26 $9.9451 $9.7213 09/11/25 6.85% ---- ---- CUSIPS
Covered Call Select Closed-End, 100 03/08/24 03/09/26 ------- $10.5127 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 101 04/10/24 04/10/26 ------- $10.6076 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 102 05/17/24 05/18/26 ------- $10.4680 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 103 08/14/24 08/14/26 ------- $10.5106 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 104 09/11/24 09/11/26 ------- $10.3764 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 105 12/09/24 12/09/26 $9.9581 $9.7340 09/11/25 7.00% ---- ---- CUSIPS
Covered Call Select Closed-End, 106 03/07/25 03/08/27 $10.5888 $10.3506 09/11/25 6.95% ---- ---- CUSIPS
Covered Call Select Closed-End, 107 06/05/25 06/04/27 $10.5302 $10.2933 09/11/25 7.15% 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 ------- $11.1983 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 96 10/18/23 10/20/25 ------- $11.3899 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 97 11/13/23 11/13/25 ------- $11.3970 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 98 12/18/23 12/18/25 ------- $10.7240 09/11/25 ------- ---- ---- CUSIPS
Covered Call Select Closed-End, 99 01/25/24 01/26/26 ------- $10.7085 09/11/25 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 60 07/11/24 10/16/25 ------- $9.9301 09/11/25 ------- ---- ---- CUSIPS
Diversified Fixed Income ETF, 61 10/11/24 01/16/26 $9.9152 $9.7814 09/11/25 5.19% ---- ---- CUSIPS
Diversified Fixed Income ETF, 62 01/14/25 04/16/26 $10.1682 $10.0309 09/11/25 5.27% ---- ---- CUSIPS
Diversified Fixed Income ETF, 63 04/11/25 07/16/26 $10.3361 $10.1966 09/11/25 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 ------- $11.1785 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 60 11/14/23 11/14/25 ------- $11.2659 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 61 01/03/24 01/02/26 ------- $10.4373 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 62 02/12/24 02/12/26 ------- $10.5892 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 63 03/14/24 03/13/26 ------- $10.0449 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 64 05/07/24 05/07/26 ------- $10.3636 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 65 06/26/24 06/26/26 ------- $10.2633 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 66 08/07/24 08/07/26 ------- $9.9990 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income Closed-End, 67 09/17/24 09/17/26 $10.0154 $9.7900 09/11/25 9.23% ---- ---- CUSIPS
Diversified High Income Closed-End, 68 10/28/24 10/28/26 $9.8601 $9.6382 09/11/25 9.58% ---- ---- CUSIPS
Diversified High Income Closed-End, 69 12/11/24 12/11/26 $9.7894 $9.5691 09/11/25 9.71% ---- ---- CUSIPS
Diversified High Income Closed-End, 70 01/29/25 01/29/27 $9.9489 $9.7251 09/11/25 9.60% ---- ---- CUSIPS
Diversified High Income Closed-End, 71 04/04/25 04/05/27 $11.6032 $11.3421 09/11/25 10.11% 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 $10.1040 $9.8767 09/11/25 10.32% 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 ------- $9.8399 09/11/25 ------- ---- ---- CUSIPS
Diversified High Income ETF, 2 09/19/24 09/18/26 $9.7145 $9.4960 09/11/25 7.05% ---- ---- CUSIPS
Diversified High Income ETF, 3 12/18/24 12/18/26 $10.0546 $9.8283 09/11/25 6.94% ---- ---- CUSIPS
Diversified High Income ETF, 4 03/18/25 03/18/27 $10.1393 $9.9112 09/11/25 7.04% ---- ---- CUSIPS
Diversified High Income ETF, 5 06/12/25 06/11/27 $10.1365 $9.9084 09/11/25 7.30% 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 ------- $11.6501 09/11/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 105 01/05/24 01/05/26 ------- $11.0926 09/11/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 106 02/28/24 02/27/26 ------- $10.8067 09/11/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 107 03/22/24 03/23/26 ------- $10.6621 09/11/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 108 05/15/24 05/15/26 ------- $10.6642 09/11/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 109 06/12/24 06/12/26 ------- $10.5008 09/11/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 110 09/11/24 09/11/26 ------- $10.3193 09/11/25 ------- ---- ---- CUSIPS
Dividend & Income Select Closed-End, 111 10/17/24 10/16/26 $10.1547 $9.9262 09/11/25 8.11% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 112 11/22/24 11/23/26 $9.9317 $9.7082 09/11/25 8.34% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 113 01/29/25 01/29/27 $10.2434 $10.0129 09/11/25 8.08% ---- ---- CUSIPS
Dividend & Income Select Closed-End, 114 04/02/25 04/02/27 $10.8371 $10.5932 09/11/25 8.14% 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 ------- $3.3110 09/11/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 11 02/03/23 02/19/26 ------- $3.2873 09/11/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 12 05/03/23 08/20/26 ------- $3.2088 09/11/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 13 11/01/23 11/20/26 ------- $6.6062 09/11/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 14 02/01/24 02/18/27 ------- $6.6398 09/11/25 ------- ---- ---- CUSIPS
First Trust U.S. Treasury Securities, Short-Term, 15 06/03/24 07/02/27 ------- $6.6614 09/11/25 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 3 07/02/24 10/07/25 ------- $10.1317 09/11/25 ------- ---- ---- CUSIPS
FT 60/40 Target Income, 4 10/01/24 01/06/26 $9.9293 $9.7804 09/11/25 7.07% ---- ---- CUSIPS
FT 60/40 Target Income, 5 01/03/25 04/07/26 $10.0753 $9.9241 09/11/25 7.02% ---- ---- CUSIPS
FT 60/40 Target Income, 6 04/03/25 07/07/26 $10.8777 $10.7146 09/11/25 7.12% 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 $10.4841 $10.3269 09/11/25 8.54% 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 ------- $9.8413 09/11/25 ------- ---- ---- CUSIPS
FT Diversified Target Income, 7 11/21/24 02/23/26 $9.5316 $9.3886 09/11/25 8.47% ---- ---- CUSIPS
FT Diversified Target Income, 8 01/23/25 04/23/26 $9.7974 $9.6505 09/11/25 8.43% ---- ---- CUSIPS
FT Diversified Target Income, 9 04/23/25 07/23/26 $11.1655 $10.9981 09/11/25 8.46% ---- ---- CUSIPS
FT High Income Model, 1st Qtr 2025 12/30/24 04/07/26 $10.2905 $10.1361 09/11/25 4.33% ---- ---- CUSIPS
FT High Income Model, 2nd Qtr 2025 03/28/25 07/07/26 $10.2282 $10.0748 09/11/25 4.49% 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 ------- $10.1816 09/11/25 ------- ---- ---- CUSIPS
FT High Income Model, 4th Qtr 2024 09/27/24 01/06/26 $9.9069 $9.7583 09/11/25 4.24% ---- ---- CUSIPS
FT Income, 25 07/02/24 10/02/25 ------- $10.8541 09/11/25 ------- ---- ---- CUSIPS
FT Income, 26 09/25/24 12/26/25 $10.3415 $10.1864 09/11/25 3.72% ---- ---- CUSIPS
FT Income, 27 12/18/24 03/18/26 $10.6587 $10.4989 09/11/25 3.78% ---- ---- CUSIPS
FT Income, 28 03/18/25 06/18/26 $10.4000 $10.2440 09/11/25 3.68% ---- ---- CUSIPS
FT Income, 29 06/12/25 09/14/26 $10.2754 $10.1213 09/11/25 3.80% 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 $10.1339 $9.9819 09/11/25 4.25% ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 2nd Qtr 2025 03/28/25 07/07/26 $10.1119 $9.9602 09/11/25 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 ------- $10.1086 09/11/25 ------- ---- ---- CUSIPS
FT Short Duration Fixed Income Model, 4th Qtr 2024 09/27/24 01/06/26 $9.9820 $9.8323 09/11/25 4.12% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 14 06/27/24 10/07/25 ------- $10.1673 09/11/25 ------- ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 15 09/27/24 01/06/26 $9.9217 $9.7728 09/11/25 4.73% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 16 12/30/24 04/07/26 $10.2497 $10.0959 09/11/25 4.96% ---- ---- CUSIPS
FT Strategic Fixed Income ETF, 17 03/28/25 07/07/26 $10.2457 $10.0921 09/11/25 4.99% 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 ------- $10.8548 09/11/25 ------- ---- ---- CUSIPS
Global Bond Income Closed-End, 47 01/17/24 01/16/26 ------- $10.3315 09/11/25 ------- ---- ---- CUSIPS
Global Bond Income Closed-End, 48 02/28/24 02/27/26 ------- $10.2176 09/11/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 106 10/03/23 10/03/25 ------- $11.1861 09/11/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 107 12/20/23 12/19/25 ------- $10.1988 09/11/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 108 02/09/24 02/09/26 ------- $9.5380 09/11/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 109 04/10/24 04/10/26 ------- $9.6138 09/11/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 110 06/24/24 06/24/26 ------- $9.5156 09/11/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 111 08/02/24 08/03/26 ------- $9.2317 09/11/25 ------- ---- ---- CUSIPS
High-Yield Income Closed-End, 112 09/26/24 09/25/26 $8.9528 $8.7513 09/11/25 8.72% ---- ---- CUSIPS
High-Yield Income Closed-End, 113 11/08/24 11/09/26 $9.0801 $8.8758 09/11/25 8.60% ---- ---- CUSIPS
High-Yield Income Closed-End, 114 12/06/24 12/07/26 $9.1657 $8.9595 09/11/25 8.72% ---- ---- CUSIPS
High-Yield Income Closed-End, 115 01/07/25 01/07/27 $9.9958 $9.7709 09/11/25 8.92% ---- ---- CUSIPS
High-Yield Income Closed-End, 116 01/30/25 01/29/27 $9.8817 $9.6593 09/11/25 9.13% ---- ---- CUSIPS
High-Yield Income Closed-End, 117 02/19/25 02/19/27 $9.7516 $9.5322 09/11/25 8.90% ---- ---- CUSIPS
High-Yield Income Closed-End, 118 03/31/25 03/31/27 $10.0249 $9.7993 09/11/25 9.54% ---- ---- CUSIPS
High-Yield Income Closed-End, 119 05/19/25 05/19/27 $10.1122 $9.8847 09/11/25 9.47% 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 $9.9234 $9.7001 09/11/25 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 ------- $10.2425 09/11/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 54 12/13/23 12/12/25 ------- $9.9336 09/11/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 55 01/29/24 01/29/26 ------- $9.8916 09/11/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 56 03/05/24 03/05/26 ------- $9.7903 09/11/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 57 04/18/24 04/17/26 ------- $9.9692 09/11/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 58 05/29/24 05/29/26 ------- $9.8571 09/11/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 59 07/10/24 07/10/26 ------- $9.7968 09/11/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 60 08/20/24 08/20/26 ------- $9.6830 09/11/25 ------- ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 61 10/01/24 10/01/26 $9.8841 $9.6617 09/11/25 5.31% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 62 11/21/24 11/20/26 $9.9200 $9.6968 09/11/25 5.37% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 63 01/16/25 01/15/27 $9.9773 $9.7528 09/11/25 5.35% ---- ---- CUSIPS
Limited Duration Fixed Income ETF, 64 04/03/25 04/02/27 $10.1423 $9.9141 09/11/25 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 ------- $9.7732 09/11/25 ------- ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 12 10/08/24 01/08/26 $9.8489 $9.7160 09/11/25 5.77% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 13 01/03/25 04/06/26 $9.8832 $9.7498 09/11/25 5.81% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 14 03/20/25 06/22/26 $9.9545 $9.8201 09/11/25 5.74% ---- ---- CUSIPS
Senior Loan and Limited Duration ETF, 15 06/12/25 09/14/26 $9.9288 $9.7947 09/11/25 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 $9.3262 $9.1163 09/11/25 8.34% ---- ---- CUSIPS
Strategic Income Closed-End, 101 10/25/24 10/26/26 $9.3832 $9.1721 09/11/25 8.25% ---- ---- CUSIPS
Strategic Income Closed-End, 102 12/11/24 12/11/26 $9.6966 $9.4785 09/11/25 8.35% ---- ---- CUSIPS
Strategic Income Closed-End, 103 01/30/25 01/29/27 $9.9823 $9.7577 09/11/25 8.19% ---- ---- CUSIPS
Strategic Income Closed-End, 104 03/03/25 03/03/27 $9.9364 $9.7129 09/11/25 8.48% ---- ---- CUSIPS
Strategic Income Closed-End, 105 05/02/25 05/03/27 $10.2546 $10.0238 09/11/25 8.76% ---- ---- CUSIPS
Strategic Income Closed-End, 106 06/11/25 06/11/27 $10.0005 $9.7755 09/11/25 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 $9.8405 $9.6191 09/11/25 9.43% 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 ------- $11.0940 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 93 12/06/23 12/05/25 ------- $10.2727 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 94 02/02/24 02/02/26 ------- $10.1646 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 95 03/11/24 03/11/26 ------- $9.8162 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 96 04/29/24 04/29/26 ------- $10.1913 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 97 06/18/24 06/18/26 ------- $9.5967 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 98 07/25/24 07/24/26 ------- $9.7903 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Closed-End, 99 08/23/24 08/24/26 ------- $9.2067 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 69 10/11/23 10/10/25 ------- $11.3118 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 70 11/20/23 11/20/25 ------- $10.9379 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 71 01/03/24 01/02/26 ------- $10.7558 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 72 02/20/24 02/20/26 ------- $10.5405 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 73 04/04/24 04/02/26 ------- $10.3724 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 74 04/24/24 04/24/26 ------- $10.7267 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 75 06/07/24 06/08/26 ------- $10.1521 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 76 07/12/24 07/13/26 ------- $10.0064 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 77 08/07/24 08/07/26 ------- $10.1347 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 78 09/04/24 09/04/26 ------- $9.8560 09/11/25 ------- ---- ---- CUSIPS
Strategic Income Select Closed-End, 79 10/04/24 10/05/26 $9.9457 $9.7219 09/11/25 8.26% ---- ---- CUSIPS
Strategic Income Select Closed-End, 80 11/05/24 11/05/26 $9.9649 $9.7407 09/11/25 8.28% ---- ---- CUSIPS
Strategic Income Select Closed-End, 81 12/04/24 12/04/26 $9.8314 $9.6102 09/11/25 8.31% ---- ---- CUSIPS
Strategic Income Select Closed-End, 82 12/31/24 12/31/26 $10.3135 $10.0815 09/11/25 8.25% ---- ---- CUSIPS
Strategic Income Select Closed-End, 83 01/29/25 01/29/27 $10.1215 $9.8938 09/11/25 8.13% ---- ---- CUSIPS
Strategic Income Select Closed-End, 84 04/04/25 04/05/27 $11.7715 $11.5066 09/11/25 8.29% 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 $10.3073 $10.0753 09/11/25 8.57% 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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