Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 

Target VIP, 2nd Qtr 2017  Ticker: FITRRX
 
Description
This unit investment trust seeks above-average total return; however, there is no assurance the objective will be met. The portfolio provides you with the convenience of owning six distinct strategies in one investment. It invests in a fixed portfolio of stocks which are selected by applying pre-determined screens and factors.
 
Summary
Product Code: VP2Q17
Portfolio Status: Secondary
Initial Offer Date: 04/10/2017
Secondary Date: 07/10/2017
Portfolio Ending Date: 07/09/2018
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.8871
POP(*): $11.1606
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 11/22/2017 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.

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.1622
As of 11/20/2017
* The estimates are based on annualizing the most recent dividends declared by the issuers of the securities included in the portfolio. There is no guarantee that the issuers of the securities included in the portfolio will declare distributions in the future or that, if declared, they will either remain at current levels or increase over time.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Consumer Discretionary  Consumer Discretionary 16.91%
Consumer Staples  Consumer Staples 4.83%
Energy  Energy 7.16%
Financials  Financials 20.41%
Health Care  Health Care 7.97%
Industrials  Industrials 8.99%
Information Technology  Information Technology 25.07%
Materials  Materials 3.03%
Real Estate  Real Estate 0.44%
Telecommunication Services  Telecommunication Services 2.93%
Utilities  Utilities 1.43%
Other  Other 0.83%
 
  Large Mid Small  
Growth  34.91% 2.98% 11.05%  
Value  39.54% 3.06% 7.63%  

 Style Weighting
Large-Cap Growth 34.91%
Large-Cap Value 39.54%
Mid-Cap Growth 2.98%
Mid-Cap Value 3.06%
Small-Cap Growth 11.05%
Small-Cap Value 7.63%
Undetermined 0.83%
 Composition
U.S. Stocks 68.79%   Other 0.62%
Non-U.S. Stocks 30.59%      
The style and sector characteristics of the portfolio are determined as of 11/22/2017 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $102,910.24
Weighted Average Price/Earnings 17.33
Weighted Average Price/Book 2.05
As of 11/22/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 American Express Company AXP Financials  Financials Large-Cap Growth 4.93%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Growth 4.49%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 4.36%
 Honda Motor Co., Ltd. (ADR) HMC Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.91%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.85%
 Texas Instruments Incorporated TXN Information Technology  Information Technology Large-Cap Growth 3.37%
 The Goldman Sachs Group, Inc. GS Financials  Financials Large-Cap Value 3.05%
 NVIDIA Corporation NVDA Information Technology  Information Technology Large-Cap Growth 2.49%
 Koninklijke Philips N.V. (NY Shares) PHG Health Care  Health Care Large-Cap Value 2.35%
 Mastercard Incorporated MA Information Technology  Information Technology Large-Cap Growth 2.29%
 Charter Communications, Inc. CHTR Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.01%
 ArcelorMittal (ADR) MT Materials  Materials Large-Cap Value 1.91%
 General Electric Company GE Industrials  Industrials Large-Cap Value 1.80%
 Kyocera Corporation (ADR) KYO Information Technology  Information Technology Large-Cap Value 1.76%
 Imperial Oil Limited IMO Energy  Energy Large-Cap Value 1.70%
 3M Company MMM Industrials  Industrials Large-Cap Growth 1.33%
 eBay Inc. EBAY Information Technology  Information Technology Large-Cap Value 1.32%
 Applied Materials, Inc. AMAT Information Technology  Information Technology Large-Cap Growth 1.24%
 Micron Technology, Inc. MU Information Technology  Information Technology Large-Cap Value 1.07%
 T-Mobile US, Inc. TMUS Telecommunication Services  Telecommunication Services Large-Cap Value 1.02%
 Telenor ASA TEL.NO Telecommunication Services  Telecommunication Services Large-Cap Growth 1.02%
 Rogers Corporation ROG Information Technology  Information Technology Small-Cap Growth 0.98%
 CSX Corporation CSX Industrials  Industrials Large-Cap Growth 0.93%
 NetEase, Inc. (ADR) NTES Information Technology  Information Technology Large-Cap Growth 0.92%
 Mettler-Toledo International Inc. MTD Health Care  Health Care Mid-Cap Growth 0.92%
 Intesa Sanpaolo SpA ISP.IM Financials  Financials Large-Cap Value 0.91%
 O'Reilly Automotive, Inc. ORLY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.90%
 HSBC Holdings Plc HSBA.LN Financials  Financials Large-Cap Value 0.90%
 Vodafone Group Plc VOD.LN Telecommunication Services  Telecommunication Services Large-Cap Value 0.89%
 Engie S.A. ENGI.FP Utilities  Utilities Large-Cap Value 0.89%
 Statoil ASA STL.NO Energy  Energy Large-Cap Value 0.88%
 AXA S.A. CS.FP Financials  Financials Large-Cap Value 0.87%
 Assicurazioni Generali SpA G.IM Financials  Financials Large-Cap Value 0.87%
 Daimler AG DAI.GY Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.86%
 BP Plc BP/.LN Energy  Energy Large-Cap Value 0.85%
 Royal Dutch Shell Plc (Class B) RDSB.LN Energy  Energy Large-Cap Value 0.85%
 Sampo Oyj (Class A) SAMPO.FH Financials  Financials Large-Cap Value 0.83%
 Total S.A. FP.FP Energy  Energy Large-Cap Value 0.80%
 Skandinaviska Enskilda Banken AB (Class A) SEBA.SS Financials  Financials Large-Cap Value 0.80%
 IDEXX Laboratories, Inc. IDXX Health Care  Health Care Mid-Cap Growth 0.77%
 Swiss Re AG SREN.SW Financials  Financials Large-Cap Value 0.77%
 Eni SpA ENI.IM Energy  Energy Large-Cap Value 0.76%
 Societe Generale S.A. GLE.FP Financials  Financials Large-Cap Value 0.76%
 Nordea Bank AB NDA.SS Financials  Financials Large-Cap Value 0.76%
 Swedbank AB (Class A) SWEDA.SS Financials  Financials Large-Cap Value 0.76%
 CEMEX, S.A.B. de C.V. (ADR) CX Materials  Materials Mid-Cap Value 0.74%
 Merit Medical Systems, Inc. MMSI Health Care  Health Care Small-Cap Growth 0.73%
 Quest Diagnostics Incorporated DGX Health Care  Health Care Mid-Cap Value 0.72%
 Qualys, Inc. QLYS Information Technology  Information Technology Small-Cap Growth 0.72%
 Lam Research Corporation LRCX Information Technology  Information Technology Large-Cap Growth 0.70%
 Capital One Financial Corporation COF Financials  Financials Large-Cap Value 0.68%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 0.65%
 GlaxoSmithKline Plc GSK.LN Health Care  Health Care Large-Cap Growth 0.63%
 Omnicell, Inc. OMCL Health Care  Health Care Small-Cap Growth 0.61%
 Viacom Inc. (Class B) VIAB Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.60%
 Ulta Beauty, Inc. ULTA Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.59%
 Aflac Incorporated AFL Financials  Financials Large-Cap Value 0.55%
 ESCO Technologies Inc. ESE Industrials  Industrials Small-Cap Growth 0.55%
 Saia, Inc. SAIA Industrials  Industrials Small-Cap Growth 0.53%
 GTT Communications, Inc. GTT Information Technology  Information Technology Small-Cap Growth 0.53%
 Illinois Tool Works Inc. ITW Industrials  Industrials Large-Cap Growth 0.52%
 Pacific Premier Bancorp, Inc. PPBI Financials  Financials Small-Cap Value 0.51%
 LGI Homes, Inc. LGIH Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.51%
 WSFS Financial Corporation WSFS Financials  Financials Small-Cap Value 0.50%
 BMC Stock Holdings, Inc. BMCH Industrials  Industrials Small-Cap Value 0.50%
 Eldorado Resorts, Inc. ERI Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.45%
 Boston Private Financial Holdings, Inc. BPFH Financials  Financials Small-Cap Value 0.44%
 Heartland Financial USA, Inc. HTLF Financials  Financials Small-Cap Value 0.44%
 CenterState Bank Corporation CSFL Financials  Financials Small-Cap Value 0.44%
 Insight Enterprises, Inc. NSIT Information Technology  Information Technology Small-Cap Value 0.43%
 The Greenbrier Companies, Inc. GBX Industrials  Industrials Small-Cap Value 0.43%
 LHC Group, Inc. LHCG Health Care  Health Care Small-Cap Growth 0.43%
 Barracuda Networks, Inc. CUDA Information Technology  Information Technology Small-Cap Growth 0.41%
 CalAtlantic Group, Inc. CAA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.40%
 Skyworks Solutions, Inc. SWKS Information Technology  Information Technology Large-Cap Growth 0.40%
 Wabash National Corporation WNC Industrials  Industrials Small-Cap Growth 0.38%
 ePlus inc. PLUS Information Technology  Information Technology Small-Cap Growth 0.38%
 Oclaro, Inc. OCLR Information Technology  Information Technology Small-Cap Value 0.38%
 Viad Corp VVI Industrials  Industrials Small-Cap Growth 0.38%
 Griffon Corporation GFF Industrials  Industrials Small-Cap Growth 0.36%
 CEVA, Inc. CEVA Information Technology  Information Technology Small-Cap Growth 0.36%
 Gibraltar Industries, Inc. ROCK Industrials  Industrials Small-Cap Value 0.34%
 Xencor, Inc. XNCR Health Care  Health Care Small-Cap Growth 0.34%
 OraSure Technologies, Inc. OSUR Health Care  Health Care Small-Cap Growth 0.33%
 Seacoast Banking Corporation of Florida SBCF Financials  Financials Small-Cap Value 0.33%
 Standard Motor Products, Inc. SMP Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.33%
 KLA-Tencor Corporation KLAC Information Technology  Information Technology Large-Cap Growth 0.32%
 Lydall, Inc. LDL Industrials  Industrials Small-Cap Growth 0.31%
 Central Pacific Financial Corp. CPF Financials  Financials Small-Cap Value 0.31%
 Capella Education Company CPLA Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.31%
 RE/MAX Holdings, Inc. (Class A) RMAX Real Estate  Real Estate Small-Cap Value 0.31%
 Dominion Energy, Inc. D Utilities  Utilities Large-Cap Value 0.30%
 Navigant Consulting, Inc. NCI Industrials  Industrials Small-Cap Value 0.29%
 Rudolph Technologies, Inc. RTEC Information Technology  Information Technology Small-Cap Growth 0.27%
 TechnipFMC Plc FTI Energy  Energy Mid-Cap Value 0.25%
 H&R Block, Inc. HRB Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.24%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 0.24%
 Ferro Corporation FOE Materials  Materials Small-Cap Growth 0.23%
 ILG, Inc. ILG Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.23%
 Penn National Gaming, Inc. PENN Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.22%
 Monster Beverage Corporation MNST Consumer Staples  Consumer Staples Large-Cap Growth 0.22%
 ONEOK, Inc. OKE Energy  Energy Large-Cap Value 0.21%
 Green Plains Inc. GPRE Energy  Energy Small-Cap Value 0.21%
 Extended Stay America, Inc. STAY Other  Other Undetermined 0.21%
 MYR Group Inc. MYRG Industrials  Industrials Small-Cap Value 0.19%
 Discovery Communications, Inc. DISCA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.18%
 Darling Ingredients Inc. DAR Consumer Staples  Consumer Staples Small-Cap Value 0.18%
 tronc, Inc. TRNC Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.18%
 Liberty Ventures (Class A) LVNTA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.17%
 Cintas Corporation CTAS Industrials  Industrials Mid-Cap Growth 0.15%
 Pan American Silver Corp. PAAS Materials  Materials Small-Cap Value 0.15%
 Gentherm Incorporated THRM Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.15%
 Bloomin' Brands, Inc. BLMN Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.15%
 Surgery Partners, Inc. SGRY Health Care  Health Care Small-Cap Value 0.14%
 Mack-Cali Realty Corporation CLI Real Estate  Real Estate Small-Cap Value 0.13%
 Red Robin Gourmet Burgers, Inc. RRGB Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.13%
 Potbelly Corporation PBPB Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.13%
 DTE Energy Company DTE Utilities  Utilities Large-Cap Value 0.12%
 Eversource Energy ES Utilities  Utilities Large-Cap Value 0.12%
 BJ's Restaurants, Inc. BJRI Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.12%
 Office Depot, Inc. ODP Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.11%
 Genesco Inc. GCO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.09%
 Chico's FAS, Inc. CHS Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.09%
 Church & Dwight Co., Inc. CHD Consumer Staples  Consumer Staples Mid-Cap Growth 0.07%
 
Total Number of Holdings:    124
Underlying Securities information represented above is as of 11/22/2017 but will vary with future fluctuations in the market.

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.

Foreign Securities Risk. An investment in securities of foreign issuers should be made with an understanding of the additional risks involved, such as currency fluctuations, political risk, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

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.

All data used for the sector and style classification comparisons is from Bloomberg Finance L.P, which we believe to be reliable, but do not take responsibility for its accuracy.

The style and capitalization characteristics used to describe the stocks are designed to help you understand how they fit into your overall investment plan. Due to changes in the value of the stocks the characteristics may vary over time. In general, growth stocks have high relative price-to-book ratios while value stocks have low relative price-to-book ratios. In determining market capitalization characteristics, we analyze the market capitalizations of the 3,000 largest stocks in the U.S. (excluding foreign securities, ADRs, limited partnerships and regulated investment companies) on a monthly basis. Companies with market capitalizations among the largest 10% are considered Large-Cap securities, the next 20% are considered Mid-Cap securities and the remaining securities are considered Small-Cap securities.

Although the portfolio terminates in approximately one year, the strategy is long-term. Investors should consider their ability to pursue investing in successive portfolios, if available. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

You should carefully consider the trust's investment objectives, risks, and charges and expenses before investing. Contact your financial advisor 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.

The "Dow Jones Industrial Average" is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by First Trust Advisors L.P. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); DJIA®, The Dow®, Dow Jones®, and Dow Jones Industrial Average are trademarks of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust Advisors L.P. The product, based on a strategy based on the Dow Jones Industrial Average, is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products.

The Nasdaq 100®, Nasdaq 100 Index®, and Nasdaq® are trade or service marks of Nasdaq, Inc. (which with its affiliates are the Corporations) and are licensed for use by First Trust Portfolios L.P. The portfolio has not been passed on by the Corporations as to its legality or suitability. The portfolio is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PORTFOLIO.

"S&P", "S&P 500", and "Standard & Poor's" are trademarks of Standard & Poor's Financial Services LLC ("S&P") and have been licensed for use by First Trust Portfolios L.P. The portfolio, is not sponsored, endorsed, sold, or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in such products.

"Value Line," "The Value Line Investment Survey," and "Value Line TimelinessTM Ranking System" are registered trademarks of Value Line Securities, Inc. or Value Line Publishing, Inc. that have been licensed to First Trust Portfolios L.P. and/or First Trust Advisors L.P. The Value Line® Target 25, Target Double Play, Target Focus Four and Target VIP Portfolios are not sponsored, recommended, sold or promoted by Value Line Publishing, Inc., Value Line, Inc. or Value Line Securities, Inc. First Trust Portfolios L.P. and First Trust Advisors are not affiliated with any Value Line company.

Fund Cusip Information
30302K586 (Cash)
30302K594 (Reinvest)
30302K602 (Cash-Fee)
30302K610 (Reinvest-Fee)
Printer Friendly Page Printer Friendly Page

 
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 and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2017 All rights reserved.