Dividend Strength, 14

Description

A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income by investing in a portfolio of companies with strong balance sheets and a history of dividend payments with the ability to generate dividend growth.

Summary

Product Code:

DSTR14

Portfolio Status:

Secondary

Initial Offer Date:

05/02/2012

Secondary Date:

07/27/2012

Portfolio Ending Date:

05/05/2014

Tax Structure:

RIC

Distributions:

Monthly

Initial Offer Price:	$10.0000
NAV(*):	$11.2862
POP(*):	$11.6895

* As of Trade Date: 05/23/2013 4:00pm ET

Estimated Net Annual Distribution Per Unit

Estimated Net Annual Distribution Per Unit *	$0.2843
As of 05/20/2013

* 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	15.92%
Consumer Staples	8.78%
Energy	11.23%
Financials	14.32%
Health Care	8.90%
Industrials	25.80%
Information Technology	13.54%
Materials	1.17%
Telecommunication Services	0.00%
Utilities	0.00%
Other	0.34%

	Large	Mid	Small
Growth	28.97%	18.02%	0.00%
Value	47.91%	4.76%	0.00%

Style	Weighting
Large-Cap Growth	28.97%
Large-Cap Value	47.91%
Mid-Cap Growth	18.02%
Mid-Cap Value	4.76%
Small-Cap Growth	0.00%
Small-Cap Value	0.00%
Undetermined	0.34%

Composition
U.S. Stocks	94.81%	Other	0.34%
Non-U.S. Stocks	4.85%

The style and sector characteristics of the portfolio are determined as of 05/22/2013 and will likely vary thereafter due to market fluctuations in the underlying securities.

Holdings

Export Current Holdings | View Initial Holdings

Name	Symbol	Sector	Style	Weighting
Eaton Vance Corp.	EV	Financials	Mid-Cap Growth	5.40%
Eaton Corporation Plc	ETN	Industrials	Large-Cap Value	4.85%
Waddell & Reed Financial, Inc.	WDR	Financials	Mid-Cap Growth	4.80%
Union Pacific Corporation	UNP	Industrials	Large-Cap Growth	4.64%
ConAgra Foods, Inc.	CAG	Consumer Staples	Large-Cap Value	4.59%
Mattel, Inc.	MAT	Consumer Discretionary	Large-Cap Growth	4.58%
Medtronic, Inc.	MDT	Health Care	Large-Cap Value	4.52%
Baxter International Inc.	BAX	Health Care	Large-Cap Growth	4.38%
Hasbro, Inc.	HAS	Consumer Discretionary	Mid-Cap Growth	4.36%
Northrop Grumman Corporation	NOC	Industrials	Large-Cap Value	4.30%
The Procter & Gamble Company	PG	Consumer Staples	Large-Cap Growth	4.19%
Illinois Tool Works Inc.	ITW	Industrials	Large-Cap Value	4.17%
AFLAC Incorporated	AFL	Financials	Large-Cap Value	4.12%
United Technologies Corporation	UTX	Industrials	Large-Cap Growth	4.00%
Chevron Corporation	CVX	Energy	Large-Cap Value	3.89%
General Dynamics Corporation	GD	Industrials	Large-Cap Value	3.84%
ConocoPhillips	COP	Energy	Large-Cap Value	3.77%
Microsoft Corporation	MSFT	Information Technology	Large-Cap Growth	3.66%
KLA–Tencor Corporation	KLAC	Information Technology	Mid-Cap Value	3.59%
Exxon Mobil Corporation	XOM	Energy	Large-Cap Value	3.57%
McDonald’s Corporation	MCD	Consumer Discretionary	Large-Cap Growth	3.52%
CA Inc.	CA	Information Technology	Large-Cap Value	3.48%
Darden Restaurants, Inc.	DRI	Consumer Discretionary	Mid-Cap Growth	3.46%
Intel Corporation	INTC	Information Technology	Large-Cap Value	2.81%
Cliffs Natural Resources Inc.	CLF	Materials	Mid-Cap Value	1.17%

Total Number of Holdings: 25

Underlying Securities information represented above is as of 05/22/2013 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.

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.

Product Watch Options

Click on the appropriate CUSIP below to add it to your product watch list:

30280C606	(Cash)
30280C614	(Reinvest)
30280C622	(Cash-Fee)
30280C630	(Reinvest-Fee)

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