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Target Focus Four, May 2012  Ticker: FDBGUX
 
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 four 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: F4MY12
Portfolio Status: Secondary
Initial Offer Date: 05/01/2012
Secondary Date: 06/01/2012
Portfolio Ending Date: 08/09/2013
Tax Structure: RIC
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $11.0814
POP(*): $11.3597
* As of Trade Date: 05/17/2013 4:00pm ET

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.2372
As of 05/13/2013
* 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 20.09%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 7.76%
Financials  Financials 27.89%
Health Care  Health Care 2.99%
Industrials  Industrials 6.49%
Information Technology  Information Technology 11.51%
Materials  Materials 6.37%
Telecommunication Services  Telecommunication Services 5.62%
Utilities  Utilities 10.24%
Other  Other 1.04%
 
  Large Mid Small  
Growth  7.52% 1.27% 2.52%  
Value  42.80% 15.29% 29.56%  

 Style Weighting
Large-Cap Growth 7.52%
Large-Cap Value 42.80%
Mid-Cap Growth 1.27%
Mid-Cap Value 15.29%
Small-Cap Growth 2.52%
Small-Cap Value 29.56%
Undetermined 1.04%
 Composition
U.S. Stocks 83.54%   Other 1.04%
Non-U.S. Stocks 15.42%      
The style and sector characteristics of the portfolio are determined as of 05/17/2013 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Comcast Corporation (Class A) CMCSA Consumer Discretionary  Consumer Discretionary Large-Cap Value 7.40%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Value 4.71%
 BT Group PLC (ADR) BT Telecommunication Services  Telecommunication Services Large-Cap Growth 3.12%
 Time Warner Cable, Inc. TWC Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.54%
 The Allstate Corporation ALL Financials  Financials Large-Cap Value 1.97%
 Sempra Energy SRE Utilities  Utilities Large-Cap Value 1.73%
 Republic Services, Inc. RSG Industrials  Industrials Large-Cap Value 1.71%
 Northrop Grumman Corporation NOC Industrials  Industrials Large-Cap Value 1.69%
 DTE Energy Company DTE Utilities  Utilities Large-Cap Value 1.68%
 American Electric Power Company, Inc. AEP Utilities  Utilities Large-Cap Value 1.68%
 Macy's, Inc. M Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.65%
 Merck & Co., Inc. MRK Health Care  Health Care Large-Cap Value 1.58%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 1.55%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 1.55%
 Olin Corporation OLN Materials  Materials Small-Cap Value 1.53%
 Seagate Technology STX Information Technology  Information Technology Large-Cap Growth 1.53%
 People’s United Financial Inc. PBCT Financials  Financials Mid-Cap Value 1.48%
 Avista Corporation AVA Utilities  Utilities Small-Cap Value 1.45%
 First Niagara Financial Group, Inc. FNFG Financials  Financials Mid-Cap Value 1.44%
 Entergy Corporation ETR Utilities  Utilities Large-Cap Value 1.43%
 FirstMerit Corporation FMER Financials  Financials Mid-Cap Value 1.41%
 Commercial Metals Company CMC Materials  Materials Small-Cap Value 1.38%
 F.N.B. Corporation FNB Financials  Financials Small-Cap Value 1.34%
 Mercury General Corporation MCY Financials  Financials Small-Cap Value 1.32%
 BB&T Corporation BBT Financials  Financials Large-Cap Value 1.31%
 Trustmark Corporation TRMK Financials  Financials Small-Cap Value 1.30%
 Tata Motors Limited (ADR) TTM Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.23%
 CA Inc. CA Information Technology  Information Technology Large-Cap Value 1.11%
 Community Health Systems Inc. CYH Health Care  Health Care Mid-Cap Value 1.06%
 CF Industries Holdings, Inc. CF Materials  Materials Mid-Cap Value 1.04%
 HollyFrontier Corporation HFC Energy  Energy Mid-Cap Value 0.91%
 AOL, Inc. AOL Information Technology  Information Technology Mid-Cap Value 0.87%
 Barnes & Noble, Inc. BKS Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.85%
 Terex Corporation TEX Industrials  Industrials Mid-Cap Value 0.83%
 Patterson–UTI Energy, Inc. PTEN Energy  Energy Mid-Cap Value 0.82%
 Convergys Corporation CVG Information Technology  Information Technology Small-Cap Value 0.79%
 Synovus Financial Corp. SNV Financials  Financials Small-Cap Value 0.77%
 Protective Life Corporation PL Financials  Financials Mid-Cap Value 0.76%
 International Speedway Corporation ISCA Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.76%
 Office Depot, Inc. ODP Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.75%
 BancorpSouth, Inc. BXS Financials  Financials Small-Cap Value 0.74%
 TCF Financial Corporation TCB Financials  Financials Small-Cap Value 0.74%
 PNM Resources Inc. PNM Utilities  Utilities Small-Cap Value 0.72%
 Reliance Steel & Aluminum Co. RS Materials  Materials Mid-Cap Value 0.71%
 City National Corporation CYN Financials  Financials Mid-Cap Value 0.68%
 Cathay General Bancorp CATY Financials  Financials Small-Cap Value 0.68%
 Associated Banc-Corp ASBC Financials  Financials Small-Cap Value 0.66%
 Fulton Financial Corporation FULT Financials  Financials Small-Cap Value 0.65%
 Unit Corporation UNT Energy  Energy Small-Cap Value 0.65%
 SL Green Realty Corp. SLG Financials  Financials Mid-Cap Value 0.65%
 Granite Construction Incorporated GVA Industrials  Industrials Small-Cap Value 0.64%
 Reinsurance Group of America RGA Financials  Financials Mid-Cap Value 0.64%
 International Bancshares Corporation IBOC Financials  Financials Small-Cap Value 0.62%
 Astoria Financial Corporation AF Financials  Financials Small-Cap Value 0.61%
 Webster Financial Corporation WBS Financials  Financials Small-Cap Value 0.60%
 Telephone and Data Systems, Inc. TDS Telecommunication Services  Telecommunication Services Small-Cap Growth 0.58%
 Stewart Information Services Corporation STC Financials  Financials Small-Cap Value 0.58%
 Scholastic Corporation SCHL Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.56%
 Arrow Electronics, Inc. ARW Information Technology  Information Technology Mid-Cap Value 0.55%
 Haverty Furniture Companies, Inc. HVT Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.54%
 Sumitomo Mitsui Financial Group, Inc. (ADR) SMFG Financials  Financials Large-Cap Value 0.51%
 Mitsubishi UFJ Financial Group, Inc. (MUFG) (ADR) MTU Financials  Financials Large-Cap Value 0.50%
 Barclays Plc (ADR) BCS Financials  Financials Large-Cap Value 0.49%
 Banco Bilbao Vizcaya Argentaria, S.A. (ADR) BBVA Financials  Financials Large-Cap Value 0.49%
 Mizuho Financial Group, Inc. (ADR) MFG Financials  Financials Large-Cap Value 0.48%
 ING Groep N.V. (ADR) ING Financials  Financials Large-Cap Value 0.45%
 Hanmi Financial Corporation HAFC Financials  Financials Small-Cap Value 0.45%
 Stage Stores, Inc. SSI Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.44%
 First BanCorp. FBP Financials  Financials Small-Cap Value 0.42%
 PDC Energy Inc. PDCE Energy  Energy Small-Cap Growth 0.41%
 Pinnacle Financial Partners, Inc. PNFP Financials  Financials Small-Cap Value 0.41%
 Nippon Telegraph and Telephone Corporation (ADR) NTT Telecommunication Services  Telecommunication Services Large-Cap Value 0.41%
 Dillard’s, Inc. (Class A) DDS Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.39%
 Banco Santander Central Hispano S.A. (ADR) SAN Financials  Financials Large-Cap Value 0.39%
 Eni SpA (ADR) E Energy  Energy Large-Cap Value 0.39%
 Horace Mann Educators Corporation HMN Financials  Financials Small-Cap Value 0.39%
 A. M. Castle & Co. CAS Materials  Materials Small-Cap Value 0.39%
 Deutsche Bank AG DB Financials  Financials Large-Cap Value 0.38%
 Kite Realty Group Trust KRG Financials  Financials Small-Cap Value 0.37%
 China Petroleum and Chemical Corporation (Sinopec) (ADR) SNP Energy  Energy Large-Cap Value 0.37%
 VimpelCom Ltd. (ADR) VIP Telecommunication Services  Telecommunication Services Large-Cap Value 0.37%
 Total S.A. (ADR) TOT Energy  Energy Large-Cap Value 0.36%
 Old Dominion Freight Line, Inc. ODFL Industrials  Industrials Mid-Cap Growth 0.36%
 Kelly Services, Inc. KELYA Industrials  Industrials Small-Cap Value 0.35%
 PharMerica Corporation PMC Health Care  Health Care Small-Cap Value 0.35%
 BP Plc (ADR) BP Energy  Energy Large-Cap Value 0.34%
 Royal Dutch Shell Plc (ADR) RDS/A Energy  Energy Large-Cap Value 0.34%
 United Rentals, Inc. URI Industrials  Industrials Mid-Cap Growth 0.34%
 Monster Worldwide Inc. MWW Information Technology  Information Technology Small-Cap Value 0.33%
 DISH Network Corp. DISH Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.33%
 NTT DoCoMo, Inc. (ADR) DCM Telecommunication Services  Telecommunication Services Large-Cap Value 0.33%
 National Penn Bancshares, Inc. NPBC Financials  Financials Small-Cap Value 0.32%
 PetSmart, Inc. PETM Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.32%
 EnCana Corp. ECA Energy  Energy Large-Cap Value 0.32%
 The Marcus Corporation MCS Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.32%
 Arkansas Best Corporation ABFS Industrials  Industrials Small-Cap Value 0.31%
 Oplink Communications, Inc. OPLK Information Technology  Information Technology Small-Cap Value 0.31%
 Superior Industries International, Inc. SUP Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.30%
 Old National Bancorp ONB Financials  Financials Small-Cap Value 0.30%
 Sykes Enterprises, Incorporated SYKE Information Technology  Information Technology Small-Cap Value 0.30%
 Wintrust Financial Corporation WTFC Financials  Financials Small-Cap Value 0.30%
 Talisman Energy Inc. TLM Energy  Energy Mid-Cap Value 0.30%
 POSCO (ADR) PKX Materials  Materials Large-Cap Value 0.30%
 Umpqua Holdings Corporation UMPQ Financials  Financials Small-Cap Value 0.29%
 StatoilHydro ASA (ADR) STO Energy  Energy Large-Cap Value 0.29%
 Perry Ellis International, Inc. PERY Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.29%
 Pioneer Energy Services Corp. PES Energy  Energy Small-Cap Value 0.29%
 China Unicom Ltd. (ADR) CHU Telecommunication Services  Telecommunication Services Large-Cap Value 0.29%
 Comstock Resources, Inc. CRK Energy  Energy Small-Cap Value 0.28%
 Neenah Paper, Inc. NP Materials  Materials Small-Cap Growth 0.28%
 SYNNEX Corporation SNX Information Technology  Information Technology Small-Cap Value 0.28%
 Ascena Retail Group Inc. ASNA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.26%
 The Timken Company TKR Industrials  Industrials Mid-Cap Value 0.26%
 France Telecom S.A. (ADR) FTE Telecommunication Services  Telecommunication Services Large-Cap Value 0.26%
 Digital River, Inc. DRIV Information Technology  Information Technology Small-Cap Value 0.26%
 Telecom Italia SpA (ADR) TI Telecommunication Services  Telecommunication Services Large-Cap Value 0.26%
 ArcelorMittal (ADR) MT Materials  Materials Large-Cap Value 0.26%
 Advance Auto Parts, Inc. AAP Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.25%
 Myers Industries, Inc. MYE Materials  Materials Small-Cap Growth 0.24%
 Insight Enterprises, Inc. NSIT Information Technology  Information Technology Small-Cap Value 0.24%
 VOXX International Corp. VOXX Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.24%
 Coinstar, Inc. CSTR Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.24%
 Vale S.A. (ADR) VALE Materials  Materials Large-Cap Value 0.24%
 Genesco Inc. GCO Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.23%
 Jabil Circuit, Inc. JBL Information Technology  Information Technology Mid-Cap Value 0.23%
 Corinthian Colleges, Inc. COCO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.20%
 Swift Energy Company SFY Energy  Energy Small-Cap Value 0.14%
 
Total Number of Holdings:    127
Underlying Securities information represented above is as of 05/17/2013 but will vary with future fluctuations in the market.

An investment in an equity portfolio should be made with an understanding of the risks associated with an investment in common stocks including the risk that the financial condition of the issuers of the equities or the general condition of the stock market may worsen.

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

The companies engaged in the financials sector are subject to the adverse effects of volatile interest rates, economic recession, decreases in the availability of capital, increased competition from new entrants in the field, and potential increased regulation.

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.

An investment in a portfolio containing REIT securities is subject to additional risks, as 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.

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 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. The rollover option is subject to modification, termination, or suspension.

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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