Corporate Investment Grade Long-Term, 3  Ticker: FCILTX
 
Description
The Corporate Investment Grade Portfolio, Long-Term Series is a professionally selected, fixed portfolio of corporate bond issues rated in the four highest categories by Standard & Poors. The portfolio seeks to provide investors with distributions of interest and the potential for capital preservation.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: CILT3
Portfolio Status: Secondary
Initial Offer Date: 08/03/2004
Secondary Date: 08/10/2005
Wtd Avg Maturity: 8.7
ELTR Life: 8.7
Tax Structure: Grantor
 
Initial Offer Price: $1,000.0000
NAV(*): $887.3500
POP(*): Not Avail
PAR(*): $839.8000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 11/21/2024 4:00pm ET
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.

 Income Information
CUSIP Frequency / Distributions Accrued Interest Estimated Annual Income Estimated Current Return Estimated Long Term Return
30268E269 Monthly $0.9300 $47.3800
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30268E285 Semi-Annual $20.7700 $47.6300
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 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
079860AE2 100,000 BELLSOUTH CORP 6.55%, due 06/15/2034  BBB   6.55000 06/15/2034M    
172967CC3 70,000 CITIGROUP INC N/C, 6%, due 10/31/2033  BBB   6.00000 10/31/2033M    
38141GCU6 65,000 GOLDMAN SACHS GROUP INC 6.125%, due 02/15/2033  BBB+   6.12500 02/15/2033M    
459200BB6 5,000 IBM CORP 5.875%, due 11/29/2032  A-   5.87500 11/29/2032M    
59156RAJ7 25,000 METLIFE INC 6.375%, due 06/15/2034  A-   6.37500 06/15/2034M    
097023AU9 5,000 The Boeing Company 6.125%, due 02/15/2033  BBB-   6.12500 02/15/2033M    
742718CB3 40,000 THE PROCTER & GAMBLE CO 5.50%, due 02/01/2034  AA-   5.50000 02/01/2034M    
25468PBW5 60,000 TWDC ENTERPRISES 18 CORP N/C, 7%, due 03/01/2032  A-   7.00000 03/01/2032M    
 
Total Number of Holdings:    8


Risk Considerations

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.

Fixed Income Risk. The value of fixed-income securities can be expected to decline with increases in interest rates and will also fluctuate with changes in the general condition of fixed-income securities markets, changes in inflation rates or when political or economic events affecting the issuers of such securities occur. Fixed-income portfolios may be subject to federal, state, and local taxes and/or the Alternative Minimum Tax. An investment which includes foreign bonds should be made with an understanding of the additional risks involved with foreign issues including losses due to future political and economic developments, the possible seizure or nationalization of foreign deposits, foreign currency devaluations, restrictions on foreign investments and exchange of securities, inadequate financial information and lack of U.S. jurisdiction over foreign issuers. Consult the Risk Factors section of the prospectus for a more complete discussion of the risks associated with the portfolio.

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.

Estimated current return is determined by dividing a Trust's 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 current return and estimated long-term return calculations.

Some of the information may have been obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor's. Reproduction and distribution of third party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content. THIRD PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPESATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES, OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice. Please see the prospectus for a full description of the bond ratings.

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.

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