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U.S. Infrastructure, 11  Ticker: FLCZQX
 
Description
A unit investment trust that seeks to provide above average capital appreciation by investing in a portfolio of companies that provide products and services that aid in the development and maintenance of our country’s infrastructure.
 
Summary
Product Code: US2Y11
Portfolio Status: Secondary
Initial Offer Date: 06/21/2017
Secondary Date: 09/18/2017
Portfolio Ending Date: 06/18/2019
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.0117
POP(*): $10.2422
Remaining Deferred Sales Charge: $0.2250
* As of Trade Date: 09/18/2017 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 * $0.1281
Subsequent Years * $0.1276
As of 09/18/2017
* The estimated net annual distribution for subsequent years is expected to be less than the amount for the first year because a portion of the securities included in the portfolio will be sold to pay for organization costs, the deferred sales charge and the creation and development fee.  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 0.00%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 10.11%
Financials  Financials 0.00%
Health Care  Health Care 0.00%
Industrials  Industrials 70.36%
Information Technology  Information Technology 0.00%
Materials  Materials 16.11%
Real Estate  Real Estate 0.00%
Telecommunication Services  Telecommunication Services 0.00%
Utilities  Utilities 3.16%
Other  Other 0.26%
 
  Large Mid Small  
Growth  14.01% 6.53% 24.04%  
Value  16.12% 29.53% 9.51%  

 Style Weighting
Large-Cap Growth 14.01%
Large-Cap Value 16.12%
Mid-Cap Growth 6.53%
Mid-Cap Value 29.53%
Small-Cap Growth 24.04%
Small-Cap Value 9.51%
Undetermined 0.26%
 Composition
U.S. Stocks 96.52%   Other 0.26%
Non-U.S. Stocks 3.22%      
The style and sector characteristics of the portfolio are determined as of 09/18/2017 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $18,505.80
Weighted Average Price/Earnings 24.06
Weighted Average Price/Book 2.34
As of 9/18/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 KBR, Inc. KBR Industrials  Industrials Small-Cap Growth 3.96%
 Granite Construction Incorporated GVA Industrials  Industrials Small-Cap Growth 3.88%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Growth 3.77%
 Quanta Services, Inc. PWR Industrials  Industrials Mid-Cap Value 3.74%
 Eagle Materials Inc. EXP Materials  Materials Mid-Cap Growth 3.61%
 Fortive Corporation FTV Industrials  Industrials Large-Cap Growth 3.55%
 Summit Materials, Inc. (Class A) SUM Materials  Materials Small-Cap Growth 3.54%
 ITT Inc. ITT Industrials  Industrials Mid-Cap Value 3.51%
 The Williams Companies, Inc. WMB Energy  Energy Large-Cap Value 3.50%
 Parker-Hannifin Corporation PH Industrials  Industrials Large-Cap Growth 3.49%
 AECOM ACM Industrials  Industrials Mid-Cap Value 3.46%
 Jacobs Engineering Group Inc. JEC Industrials  Industrials Mid-Cap Value 3.45%
 Kinder Morgan, Inc. KMI Energy  Energy Large-Cap Value 3.41%
 Valmont Industries, Inc. VMI Industrials  Industrials Small-Cap Growth 3.36%
 Tutor Perini Corporation TPC Industrials  Industrials Small-Cap Value 3.35%
 Argan, Inc. AGX Industrials  Industrials Small-Cap Growth 3.28%
 MasTec, Inc. MTZ Industrials  Industrials Mid-Cap Value 3.26%
 Ingersoll-Rand Plc IR Industrials  Industrials Large-Cap Value 3.22%
 Halliburton Company HAL Energy  Energy Large-Cap Growth 3.20%
 Regal Beloit Corporation RBC Industrials  Industrials Small-Cap Value 3.18%
 MDU Resources Group, Inc. MDU Utilities  Utilities Mid-Cap Value 3.16%
 Nucor Corporation NUE Materials  Materials Large-Cap Value 3.16%
 Macquarie Infrastructure Company LLC MIC Industrials  Industrials Mid-Cap Value 3.13%
 Tetra Tech, Inc. TTEK Industrials  Industrials Small-Cap Growth 3.10%
 Astec Industries, Inc. ASTE Industrials  Industrials Small-Cap Value 2.98%
 Fluor Corporation FLR Industrials  Industrials Mid-Cap Value 2.94%
 Vulcan Materials Company VMC Materials  Materials Mid-Cap Growth 2.92%
 Dycom Industries, Inc. DY Industrials  Industrials Small-Cap Growth 2.92%
 Martin Marietta Materials, Inc. MLM Materials  Materials Mid-Cap Value 2.88%
 General Electric Company GE Industrials  Industrials Large-Cap Value 2.83%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 09/18/2017 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 October 20, 2017
$0.07500 November 20, 2017
$0.07500 December 20, 2017

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.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

Buy & Hold Risk – Taxable Trusts. This UIT is a buy and hold strategy and investors should consider their ability to hold the trust until maturity. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

Industrials Risk. The companies engaged in the industrials sector are subject to a deterioration in the general state of the economy, intense competition, domestic and international politics, excess capacity and changing spending trends.

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.

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.

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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.
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