FGTFKX MLP Closed-End Fund and Energy Portfolio


The Trust seeks a high rate of current monthly income and growth of principal. There can be no guarantee that the objectives of the Trust will be achieved.

Strategy Description

Under normal circumstances, the Trust will invest at least 80% of its assets in common stocks of energy companies and closed-end funds which invest at least 80% of their assets in master limited partnerships (“MLPs”).

The Trust is a professionally selected unit investment trust which invests approximately 50% in closed-end funds that invest in MLPs from the energy infrastructure industry. Approximately 50% of the portfolio invests in common stocks of energy companies.

Summary Data

Label Value
Status Primary
Sponsor First Trust Portfolios
Series Series 69
Asset Class Multi-Asset Allocation
Investment Strategy/Goal Aggressive Income
Investment Type/Style Taxable Income - Master Limited Partnerships

Performance Disclosure

Cumulative returns of each unit investment trust series are based on distributions received in cash and recognized on the ex-dividend date and paid out on the payable date during the life of the unit investment trust. Returns are calculated excluding the Transactional Sales Charge for each unit investment trust series but does reflect the Creation & Development Fee and trust operating expenses as incurred for each unit investment trust series. The returns do not adjust for taxes. If adjusted or taxes, the effects of taxation would reduce the performance depicted.

Past performance is no indicator of future results. Investment return and principal value will fluctuate with changes in market conditions. An investment in units of a unit investment trust when redeemed may be worth more or less than the original investment.

Unit Investment Trust ("UIT") Investment Risks

There is no assurance that a unit investment trust will achieve its investment objective.

Unit investment trusts are unmanaged. You can lose money investing in unit investment trusts. When sold, units may be worth more or less than the original amount invested. Depending upon the specific product offering, investment risks include, but are not limited to, interest rate risk, credit risk, call risk and liquidity risk.

Product(s) discussed herein are not FDIC insured, may lose value, and are not bank guaranteed. You should not purchase an investment product or make an investment recommendation until you have read the specific offering documentation and understand the specific investment terms, features, risks, fees, charges and expenses of such investment.