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A unit investment trust which seeks the potential for above-average total return by investing approximately 75% of its assets in common stocks which are selected by applying a disciplined investment strategy and 25% of its assets in exchange-traded funds which invest in fixed-income securities.
Please note that there is no assurance the objective will be met.
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Product Code: |
7S4Q24 |
Portfolio Status: |
Primary |
Initial Offer Date: |
10/11/2024 |
Portfolio Ending Date: |
01/16/2026 |
Tax Structure: |
Regulated Investment Company |
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Initial Offer Price: |
$10.0000 |
NAV(*): |
$9.6919 |
POP(*): |
$9.8237 |
Remaining Deferred Sales Charge: |
$0.1350 |
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* As of Trade Date: 10/30/2024 4:00pm ET
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The Public Offering Price (POP) represents the net asset value per unit plus any applicable organization costs and sales charges.
The Net Asset Value (NAV) represents the value per unit of a trust’s portfolio securities and other assets reduced by applicable deferred sales charges and other liabilities.
Historical 12-Month Distribution of Trust Holdings:^ |
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^ 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.
|
iShares iBoxx $ High Yield Corporate Bond ETF
| HYG |
1.01%
|
iShares Short Treasury Bond ETF
| SHV |
1.01%
|
SPDR Bloomberg High Yield Bond ETF
| JNK |
1.01%
|
Invesco Senior Loan ETF
| BKLN |
1.01%
|
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
| HYS |
1.01%
|
SPDR Bloomberg Short Term High Yield Bond ETF
| SJNK |
1.01%
|
SPDR Blackstone Senior Loan ETF
| SRLN |
1.01%
|
iShares 0-5 Year High Yield Corporate Bond ETF
| SHYG |
1.01%
|
Vanguard Total International Bond ETF
| BNDX |
1.01%
|
VanEck IG Floating Rate ETF
| FLTR |
1.01%
|
iShares Broad USD High Yield Corporate Bond ETF
| USHY |
1.01%
|
SPDR Portfolio High Yield Bond ETF
| SPHY |
1.01%
|
Invesco Variable Rate Preferred ETF
| VRP |
1.01%
|
WisdomTree Floating Rate Treasury Fund
| USFR |
1.01%
|
SPDR Bloomberg Investment Grade Floating Rate ETF
| FLRN |
1.01%
|
iShares Broad USD Investment Grade Corporate Bond ETF
| USIG |
1.00%
|
Vanguard Mortgage-Backed Securities ETF
| VMBS |
1.00%
|
First Trust Tactical High Yield ETF
| HYLS |
1.00%
|
Schwab 5-10 Year Corporate Bond ETF
| SCHI |
1.00%
|
iShares iBoxx $ Investment Grade Corporate Bond ETF
| LQD |
0.99%
|
Invesco Emerging Markets Sovereign Debt ETF
| PCY |
0.99%
|
Vanguard Long-Term Corporate Bond ETF
| VCLT |
0.99%
|
iShares 10+ Year Investment Grade Corporate Bond ETF
| IGLB |
0.99%
|
SPDR Portfolio Long Term Corporate Bond ETF
| SPLB |
0.99%
|
Janus Henderson Mortgage-Backed Securities ETF
| JMBS |
0.99%
|
M&T Bank Corporation
| MTB |
0.69%
|
General Motors Company
| GM |
0.69%
|
Alphabet Inc. (Class A)
| GOOGL |
0.68%
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Kinder Morgan, Inc.
| KMI |
0.66%
|
Automatic Data Processing, Inc.
| ADP |
0.65%
|
Walmart Inc.
| WMT |
0.65%
|
Stryker Corporation
| SYK |
0.65%
|
ResMed Inc.
| RMD |
0.65%
|
Amazon.com, Inc.
| AMZN |
0.65%
|
CME Group Inc.
| CME |
0.65%
|
Xcel Energy Inc.
| XEL |
0.64%
|
The Kroger Co.
| KR |
0.64%
|
Altria Group, Inc.
| MO |
0.64%
|
Duke Energy Corporation
| DUK |
0.64%
|
WEC Energy Group, Inc.
| WEC |
0.64%
|
PACCAR Inc
| PCAR |
0.64%
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Consolidated Edison, Inc.
| ED |
0.64%
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American Express Company
| AXP |
0.64%
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Waste Management, Inc.
| WM |
0.64%
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Deere & Company
| DE |
0.64%
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Paychex, Inc.
| PAYX |
0.64%
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General Dynamics Corporation
| GD |
0.64%
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Quanta Services, Inc.
| PWR |
0.64%
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Sysco Corporation
| SYY |
0.63%
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The TJX Companies, Inc.
| TJX |
0.63%
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Berkshire Hathaway Inc. (Class B)
| BRK/B |
0.63%
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Ross Stores, Inc.
| ROST |
0.63%
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Cognizant Technology Solutions Corporation
| CTSH |
0.63%
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Palantir Technologies Inc. (Class A)
| PLTR |
0.63%
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The Procter & Gamble Company
| PG |
0.62%
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Costco Wholesale Corporation
| COST |
0.62%
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Aflac Incorporated
| AFL |
0.62%
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Marsh & McLennan Companies, Inc.
| MMC |
0.62%
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Chevron Corporation
| CVX |
0.62%
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Palo Alto Networks, Inc.
| PANW |
0.62%
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Archer-Daniels-Midland Company
| ADM |
0.61%
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The Hartford Financial Services Group, Inc.
| HIG |
0.61%
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The Progressive Corporation
| PGR |
0.61%
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Lennar Corporation
| LEN |
0.61%
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Zoetis Inc.
| ZTS |
0.61%
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The Kraft Heinz Company
| KHC |
0.61%
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Tradeweb Markets Inc. (Class A)
| TW |
0.61%
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Caterpillar Inc.
| CAT |
0.60%
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Merck & Co., Inc.
| MRK |
0.60%
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Exxon Mobil Corporation
| XOM |
0.60%
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Nucor Corporation
| NUE |
0.60%
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The Hershey Company
| HSY |
0.60%
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Chipotle Mexican Grill, Inc.
| CMG |
0.60%
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NIKE, Inc. (Class B)
| NKE |
0.59%
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PulteGroup, Inc.
| PHM |
0.59%
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EOG Resources, Inc.
| EOG |
0.58%
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ConocoPhillips
| COP |
0.58%
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D.R. Horton, Inc.
| DHI |
0.58%
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Agilent Technologies, Inc.
| A |
0.58%
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Lockheed Martin Corporation
| LMT |
0.57%
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Tractor Supply Company
| TSCO |
0.57%
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Valero Energy Corporation
| VLO |
0.57%
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Keurig Dr Pepper Inc.
| KDP |
0.57%
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International Business Machines Corporation
| IBM |
0.55%
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Centene Corporation
| CNC |
0.54%
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HSBC Holdings Plc (ADR)
| HSBC |
0.53%
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Chugai Pharmaceutical Co., Ltd. (ADR)
| CHGCY |
0.52%
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Iberdrola S.A. (ADR)
| IBDRY |
0.51%
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EssilorLuxottica S.A. (ADR)
| ESLOY |
0.51%
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Linde Plc
| LIN |
0.51%
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Toyota Motor Corporation
| TM |
0.50%
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Chubb Limited
| CB |
0.50%
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Rio Tinto Plc (ADR)
| RIO |
0.50%
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Nintendo Co., Ltd. (ADR)
| NTDOY |
0.50%
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Industria de Diseno Textil, S.A. (ADR)
| IDEXY |
0.50%
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Prosus N.V. (ADR)
| PROSY |
0.50%
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Sanofi (ADR)
| SNY |
0.49%
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Equinor ASA
| EQNR |
0.49%
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Tokio Marine Holdings, Inc. (ADR)
| TKOMY |
0.49%
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KDDI Corporation (ADR)
| KDDIY |
0.49%
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Mercedes-Benz Group AG (ADR)
| MBGYY |
0.49%
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Novartis AG (ADR)
| NVS |
0.48%
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Canadian National Railway Company
| CNI |
0.48%
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Accenture Plc
| ACN |
0.48%
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Nippon Telegraph and Telephone Corporation (ADR)
| NTTYY |
0.48%
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Mitsui & Co., Ltd. (ADR)
| MITSY |
0.48%
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Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR)
| MURGY |
0.48%
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Itochu Corp. (ADR)
| ITOCY |
0.48%
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Shell Plc (ADR)
| SHEL |
0.48%
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TotalEnergies SE (ADR)
| TTE |
0.47%
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Fast Retailing Co., Ltd. (ADR)
| FRCOY |
0.47%
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Hitachi, Ltd. (ADR)
| HTHIY |
0.46%
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L'Oreal S.A. (ADR)
| LRLCY |
0.45%
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Shin-Etsu Chemical Co., Ltd. (ADR)
| SHECY |
0.45%
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PDD Holdings Inc. (ADR)
| PDD |
0.43%
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Exelixis, Inc.
| EXEL |
0.32%
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Snap-on Incorporated
| SNA |
0.30%
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Mueller Industries, Inc.
| MLI |
0.30%
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East West Bancorp, Inc.
| EWBC |
0.29%
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FMC Corporation
| FMC |
0.28%
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Texas Roadhouse, Inc.
| TXRH |
0.28%
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Allison Transmission Holdings, Inc.
| ALSN |
0.28%
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Cincinnati Financial Corporation
| CINF |
0.27%
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Lumen Technologies, Inc.
| LUMN |
0.27%
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Casey's General Stores, Inc.
| CASY |
0.27%
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AptarGroup, Inc.
| ATR |
0.27%
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Applied Industrial Technologies, Inc.
| AIT |
0.27%
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F5 Inc.
| FFIV |
0.27%
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EQT Corporation
| EQT |
0.27%
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Sprouts Farmers Market, Inc.
| SFM |
0.27%
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Atmos Energy Corporation
| ATO |
0.26%
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Donaldson Company, Inc.
| DCI |
0.26%
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The New York Times Company (Class A)
| NYT |
0.26%
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Unum Group
| UNM |
0.26%
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Teledyne Technologies Incorporated
| TDY |
0.26%
|
Ralph Lauren Corporation
| RL |
0.26%
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Commercial Metals Company
| CMC |
0.26%
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Merit Medical Systems, Inc.
| MMSI |
0.26%
|
Molson Coors Beverage Company
| TAP |
0.26%
|
United Therapeutics Corporation
| UTHR |
0.26%
|
South State Corporation
| SSB |
0.26%
|
Commvault Systems, Inc.
| CVLT |
0.26%
|
Taylor Morrison Home Corporation
| TMHC |
0.26%
|
Liberty Broadband Corporation (Class C)
| LBRDK |
0.26%
|
Fox Corporation (Class A)
| FOXA |
0.26%
|
Expand Energy Corporation
| EXE |
0.26%
|
Globe Life Inc.
| GL |
0.25%
|
Omnicom Group Inc.
| OMC |
0.25%
|
MGIC Investment Corporation
| MTG |
0.25%
|
Toll Brothers, Inc.
| TOL |
0.25%
|
KB Home
| KBH |
0.25%
|
Ingredion Incorporated
| INGR |
0.25%
|
Cabot Corporation
| CBT |
0.25%
|
Coterra Energy Inc.
| CTRA |
0.25%
|
Molina Healthcare, Inc.
| MOH |
0.25%
|
Murphy USA Inc.
| MUSA |
0.25%
|
Lantheus Holdings, Inc.
| LNTH |
0.25%
|
Houlihan Lokey, Inc.
| HLI |
0.25%
|
DocuSign, Inc.
| DOCU |
0.25%
|
RPM International Inc.
| RPM |
0.24%
|
Insight Enterprises, Inc.
| NSIT |
0.24%
|
NOV Inc.
| NOV |
0.24%
|
Abercrombie & Fitch Co. (Class A)
| ANF |
0.24%
|
EMCOR Group, Inc.
| EME |
0.24%
|
BJ's Wholesale Club Holdings, Inc.
| BJ |
0.24%
|
Chord Energy Corporation
| CHRD |
0.24%
|
UFP Industries Inc.
| UFPI |
0.23%
|
Dycom Industries, Inc.
| DY |
0.23%
|
FTI Consulting, Inc.
| FCN |
0.23%
|
Meritage Homes Corporation
| MTH |
0.23%
|
Badger Meter, Inc.
| BMI |
0.23%
|
CF Industries Holdings, Inc.
| CF |
0.23%
|
Chewy, Inc. (Class A)
| CHWY |
0.23%
|
Erie Indemnity Company
| ERIE |
0.22%
|
HF Sinclair Corp.
| DINO |
0.22%
|
Stride, Inc.
| LRN |
0.16%
|
Rush Enterprises, Inc. (Class A)
| RUSHA |
0.15%
|
Group 1 Automotive, Inc.
| GPI |
0.14%
|
Sanmina Corporation
| SANM |
0.14%
|
Cathay General Bancorp
| CATY |
0.14%
|
Independent Bank Corp.
| INDB |
0.14%
|
Plexus Corp.
| PLXS |
0.14%
|
Adtalem Global Education Inc.
| ATGE |
0.14%
|
Mercury General Corporation
| MCY |
0.14%
|
United States Lime & Minerals, Inc.
| USLM |
0.14%
|
Intapp, Inc.
| INTA |
0.14%
|
Black Hills Corporation
| BKH |
0.13%
|
Otter Tail Corporation
| OTTR |
0.13%
|
TEGNA Inc.
| TGNA |
0.13%
|
Graham Holdings Company
| GHC |
0.13%
|
Radian Group Inc.
| RDN |
0.13%
|
First Commonwealth Financial Corporation
| FCF |
0.13%
|
Spire Inc.
| SR |
0.13%
|
Avnet, Inc.
| AVT |
0.13%
|
Edgewell Personal Care Company
| EPC |
0.13%
|
CNX Resources Corporation
| CNX |
0.13%
|
Trinity Industries, Inc.
| TRN |
0.13%
|
First Financial Bancorp.
| FFBC |
0.13%
|
Cal-Maine Foods, Inc.
| CALM |
0.13%
|
Hub Group, Inc.
| HUBG |
0.13%
|
Avista Corporation
| AVA |
0.13%
|
ICF International, Inc.
| ICFI |
0.13%
|
IES Holdings, Inc.
| IESC |
0.13%
|
CorVel Corporation
| CRVL |
0.13%
|
Grand Canyon Education, Inc.
| LOPE |
0.13%
|
Powell Industries, Inc.
| POWL |
0.13%
|
Dorman Products, Inc.
| DORM |
0.13%
|
Corcept Therapeutics Incorporated
| CORT |
0.13%
|
Green Brick Partners, Inc.
| GRBK |
0.13%
|
Premier, Inc. (Class A)
| PINC |
0.13%
|
ADMA Biologics, Inc.
| ADMA |
0.13%
|
ONE Gas, Inc.
| OGS |
0.13%
|
Schneider National, Inc. (Class B)
| SNDR |
0.13%
|
Bank OZK
| OZK |
0.13%
|
The Simply Good Foods Company
| SMPL |
0.13%
|
CONSOL Energy Inc.
| CEIX |
0.13%
|
Hims & Hers Health, Inc.
| HIMS |
0.13%
|
Harley-Davidson, Inc.
| HOG |
0.12%
|
Brady Corporation
| BRC |
0.12%
|
M/I Homes, Inc.
| MHO |
0.12%
|
La-Z-Boy Incorporated
| LZB |
0.12%
|
Weis Markets, Inc.
| WMK |
0.12%
|
Columbia Sportswear Company
| COLM |
0.12%
|
Helmerich & Payne, Inc.
| HP |
0.12%
|
PriceSmart, Inc.
| PSMT |
0.12%
|
J & J Snack Foods Corp.
| JJSF |
0.12%
|
InterDigital, Inc.
| IDCC |
0.12%
|
Innospec Inc.
| IOSP |
0.12%
|
Tri Pointe Homes, Inc.
| TPH |
0.12%
|
Peabody Energy Corporation
| BTU |
0.12%
|
Warrior Met Coal, Inc.
| HCC |
0.12%
|
Cactus, Inc. (Class A)
| WHD |
0.12%
|
Gulfport Energy Corporation
| GPOR |
0.12%
|
Agilysys, Inc.
| AGYS |
0.11%
|
PBF Energy Inc.
| PBF |
0.11%
|
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|
Total Number of Holdings: 235 |
|
Underlying Securities information represented above is as of 10/30/2024 but will vary with future fluctuations in the market. |
Standard Account Sales Charges * |
Transactional sales charges: |
Initial: |
-0.03% |
|
Deferred: |
1.37% |
C&D Fee: |
|
0.51% |
Maximum Sales Charge: |
|
1.85% |
|
30338H508 |
Cash |
Monthly |
30338H516 |
Reinvest |
Monthly |
|
* Based on the offer price as of 10/30/2024 4:00pm ET |
Fee/Wrap Account Sales Charges * |
C&D Fee: |
|
0.52% |
Maximum Sales Charge: |
|
0.52% |
|
30338H524 |
Cash-Fee |
Monthly |
30338H532 |
Reinvest-Fee |
Monthly |
|
* Based on the NAV price as of 10/30/2024 4:00pm ET |
In addition to the sales charges listed, UITs for both brokerage and advisory accounts are subject to annual operating expenses and organization costs. See the prospectus for additional information.
Deferred Sales Charge Schedule |
$0.04500
|
January 17, 2025
|
$0.04500
|
February 20, 2025
|
$0.04500
|
March 20, 2025
|
|
Risk Considerations Equity Risk. An investment in a portfolio containing common stocks is subject to certain risks, such as an economic recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market. Brexit Risk. The United Kingdom's official departure from the European Union (commonly referred to as "Brexit") led to volatility in global financial markets, in particular those of the United Kingdom and across Europe, and the weakening in political, regulatory, consumer, corporate and financial confidence in the United Kingdom and Europe. It is not currently possible to determine the extent of the impact that Brexit may have on the portfolio's investments and this uncertainty could negatively impact current and future economic conditions in the United Kingdom and other countries, which could negatively impact the value of the portfolio's investments. Covenant-Lite Loan Risk. Certain of the funds invest significantly in "covenant-lite" loans, which are loans made with minimal protections for the lender. Because covenant-lite loans are less restrictive on borrowers and provide less protection for lenders than typical corporate loans, the risk of default may be significantly higher. COVID-19 Economic Impact Risk. The ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed, there is no guarantee that vaccines will be effective against future variants of the disease. ETF Risk. ETFs are subject to various risks, including management's ability to meet the fund's investment objective, and to manage the fund's portfolio when the underlying securities are redeemed or sold, during periods of market turmoil and as investors' perceptions regarding ETFs or their underlying investments change. Unlike open-end funds, which trade at prices based on a current determination of the fund's net asset value, ETFs frequently trade at a discount from their net asset value in the secondary market. Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. High-Yield or Junk Bonds Risk. Investing in high-yieldsecurities should be viewed as speculative and you should review your abilityto assume the risks associated with investments that utilize such bonds.High-yield securities are subject to numerous risks including higher interest rates,economic recession, deterioration of the junk bond market, possible downgradesand defaults of interest and/or principal. High-yield security prices tend tofluctuate more than higher rated bonds and are affected by short-term creditdevelopments to a greater degree. Investment Grade Bonds Risk. Investment grade securities are subject to numerous risks including higher interest rates, economic recession, deterioration of the investment grade security market or investors' perception thereof, possible downgrades and defaults of interest and/or principal. Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market. Market Disruption Risk. Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, the Middle East and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance. Senior Loans Risk. The yield on senior loans will generally decline in a falling interest rate environment and increase in a rising interest rate environment. Senior loans are generally below investment grade quality ("junk" bonds). An investment in senior loans involves the risk that the borrowers may default on their obligations to pay principal or interest when due. Small-Cap and Mid-Cap Risk. An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap companies and certain mid-cap companies are often more volatile than those of larger companies due to several factors, including limited trading volumes, products, financial resources, management inexperience and less publicly available information. Volatility Risk. The value of the securities held by the trust may be subject to steep declines or increased volatility due to changes in performance or perception of the issuers. Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus. Important Note. It is important to note that an investment can be made in the underlying funds directly rather than through the trust. These direct investments can be made without paying the trust's sales charge, operating expenses and organizational costs. Operational Risk. As the use of Internet technology has become more prevalent in the course of business, the trust has become more susceptible to potential operational risks through breaches in cybersecurity.
You should carefully consider the trust's investment objectives, risks, and charges and expenses before investing. Contact your financial professional or call First Trust Portfolios, L.P. at 1.800.621.1675 to request a prospectus, which contains this and other information about the trust. Read it carefully before you invest.
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.
Not FDIC Insured, Not Bank Guaranteed and May Lose Value.
CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.
|
|
30338H508 |
(Cash) |
30338H516 |
(Reinvest) |
30338H524 |
(Cash-Fee) |
30338H532 |
(Reinvest-Fee) |
|
|
|
|
|
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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