REIT Growth & Income Select, Series 14 Company Descriptions
Apartments Avalonbay Communities, Inc., headquartered in Alexandria, Virginia, is a self-managed real estate investment trust which owns or has interests in a portfolio of apartment communities located in the Northeast, Mid-Atlantic, Midwest and Pacific Northwest regions, as well as California. Camden Property Trust, headquartered in Houston, Texas, is a self-managed real estate investment trust engaged in the ownership, development, acquisition, marketing, management and disposition of multi-family apartment communities in the southwestern, southeastern, midwestern and western regions of the United States. UDR Inc., headquartered in Highlands Ranch, Colorado, is a self-managed real estate investment trust that owns, acquires, renovates, develops and manages middle-market apartment communities nationwide. Diversified Vornado Realty Trust, headquartered in New York, New York, is a self-managed real estate investment trust which owns, manages and operates office buildings, retail properties, merchandise marts and other real estate investments. Forestry Rayonier Inc., headquartered in Jacksonville, Florida, is a forest products company primarily engaged in the trading, merchandising and manufacturing of logs, timber and wood products, and in the production and sale of high-value-added specialty pulps. Health Care Health Care REIT, Inc., headquartered in Toledo, Ohio, is a self-managed real estate investment trust that invests in healthcare facilities, primarily nursing homes and assisted living facilities. OMEGA Healthcare Investors, Inc., headquartered in Timonium, Maryland, operates as a real estate investment trust that invests in income-producing healthcare facilities, principally long-term care facilities. Ventas, Inc., headquartered in Louisville, Kentucky, is a self-managed real estate investment trust that owns skilled nursing facilities, hospitals and personal care facilities in 36 states across every region of the United States. Industrial AMB Property Corporation, headquartered in San Francisco, California, is a self-managed real estate investment trust which owns, manages and has renovation and development properties in 26 metropolitan markets. First Industrial Realty Trust, Inc., headquartered in Chicago, Illinois, is a self-managed real estate investment trust which owns, manages, acquires and develops bulk warehouse and light industrial properties located mainly in the midwestern United States. ProLogis, headquartered in Denver, Colorado, is a self-managed real estate investment trust which acquires, develops, markets, leases, operates and manages distribution, light manufacturing and temperature-controlled facilities located primarily in full-service, master-planned business parks. Lodging DiamondRock Hospitality Company, headquartered in Bethesda, Maryland, is a lodging-focused real estate investment company that owns and operates upper upscale hotels and resorts in North America. Hospitality Properties Trust, headquartered in Newton, Massachusetts, is a self-managed real estate investment trust formed to buy, own and lease hotels to unaffiliated hotel operators. Host Hotels & Resorts Inc., headquartered in Bethesda, Maryland, is a real estate company which either owns or has controlling interest in hotel properties. The company specializes in luxury, full-service properties. Sunstone Hotel Investors, Inc., headquartered in San Clemente, California, operates as a real estate investment trustt engaged in the ownership, acquisition, sale, management and renovation of hotel properties in the United States. Net Lease Entertainment Properties Trust, headquartered in Kansas City, Missouri, is a self-managed real estate investment trust engaged in acquiring and developing entertainment properties including megaplex theatres and entertainment-themed retail centers. Realty Income Corporation, headquartered in Escondido, California, is a self-managed real estate investment trust engaged in acquisition; leasing; legal, retail, and real estate research; portfolio management; and capital markets. Office BioMed Realty Trust, Inc., headquartered in San Diego, California, is a real estate investment trust that engages in the acquisition, development, ownership, leasing and management of laboratory and office space for the life science industry. Brandywine Realty Trust, headquartered in Newtown Square, Pennsylvania, is a self-managed real estate investment trust which owns a portfolio of primarily suburban office and industrial buildings located primarily in the Mid-Atlantic region. The company also owns an interest in and operates a commercial real estate management services company. Mack-Cali Realty Corporation, headquartered in San Francisco, California, operates as a real estate investment trust which engages in the ownership, acquisition, reposition and management of technology-related real estate.
First Trust Portfolios L.P. • Member SIPC • Sponsor of First Trust® • www.ftportfolios.com • 1-800-621-9533
REIT Growth & Income Select, Series 14 Company Descriptions
Office/Industrial Digital Realty Trust, Inc., headquartered in San Francisco, California, operates as a real estate investment trust which engages in the ownership, acquisition, reposition and management of technology-related real estate. Duke Realty Corporation, headquartered in Indianapolis, Indiana, is a self-managed real estate investment trust that owns a portfolio of rental properties, primarily industrial and office space. The company also provides related leasing and property management services. Regional Malls CBL & Associates Properties, Inc., headquartered in Chattanooga, Tennessee, is a self-managed real estate investment trust which is engaged in the ownership, operation, marketing, management, leasing, expansion, development, redevelopment, acquisition and financing of regional malls and community and neighborhood centers in the United States. General Growth Properties, Inc., headquartered in Chicago, Illinois, is a self-managed real estate investment trust which owns, develops, operates, leases and manages shopping centers throughout the United States. The Macerich Company, headquartered in Santa Monica, California, is a self-managed real estate investment trust involved in the acquisition, ownership, redevelopment, management and leasing of regional and community shopping centers nationwide. Simon Property Group, Inc., headquartered in Indianapolis, Indiana, is a self-managed real estate investment trust engaged in the ownership, development and management of regional malls and shopping centers. Shopping Centers Developers Diversified Realty Corporation, headquartered in Beachwood, Ohio, is a self-managed real estate investment trust which acquires, develops, redevelops, owns, leases, and manages shopping centers, business centers and undeveloped land. Kimco Realty Corporation, headquartered in New Hyde Park, New York, is a self-managed real estate investment trust that owns and operates neighborhood and community shopping centers in 41 states. Regency Centers Corporation, headquartered in Jacksonville, Florida, operates as a real estate investment trust that owns, operates and develops community and neighborhood shopping centers that are tenanted by grocers, category-leading anchors, specialty retailers and restaurants. Storage Extra Space Storage Inc., headquartered in Salt Lake City, Utah, operates as a real estate investment trust which engages in property management and development activities that include acquiring, managing, developing and selling, as well as the rental of self-storage facilities.
Risk Considerations: An investment in this unmanaged unit investment trust should be made with an understanding of the risks involved with owning both real estate investment trusts (REITs) and common stocks, including, among other factors, the possible deterioration of either the financial condition of the issuers of the securities or the general condition of the stock market, changes in the real estate market, vacancy rates and competition, volatile interest rates or economic recession. You should be aware that the portfolio is concentrated in REITs which involves additional risks, including limited diversification. There is no guarantee that the REITs in the portfolio will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time. An investment in a portfolio containing small-cap companies is subject to additional risks, as the share prices of small-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. The portfolio terminates on 11/16/09.
You should consider the trust’s investment objectives, risks, and charges and expenses carefully before investing. Contact your financial advisor or call First Trust Portfolios L.P. at the number listed below to request a prospectus, which contains this and other information about the trust. Read it carefully before you invest or send money.
Not FDIC Insured • Not Bank Guaranteed • May Lose Value
First Trust Portfolios L.P. • Member SIPC • Sponsor of First Trust® • www.ftportfolios.com • 1-800-621-9533