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

Search by Ticker, Keyword or CUSIP       

Target High Quality Dividend,1  Ticker: FTLEKX
This unit investment trust seeks above-average total return; however, there is no assurance the objective will be met. The stocks in the portfolio are selected by applying a disciplined investment strategy which adheres to pre-determined factors.
Product Code: HQDV1
Portfolio Status: Secondary
Initial Offer Date: 03/01/2013
Secondary Date: 06/10/2013
Portfolio Ending Date: 06/09/2014
Tax Structure: RIC
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $12.4581
POP(*): $12.7710
* As of Trade Date: 04/24/2014 4:00pm ET

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.3267
As of 04/21/2014
* 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 27.58%
Consumer Staples  Consumer Staples 9.61%
Energy  Energy 4.89%
Financials  Financials 3.67%
Health Care  Health Care 0.00%
Industrials  Industrials 21.24%
Information Technology  Information Technology 24.35%
Materials  Materials 5.25%
Telecommunication Services  Telecommunication Services 0.00%
Utilities  Utilities 3.33%
Other  Other 0.08%
  Large Mid Small  
Growth  21.63% 35.64% 0.00%  
Value  22.55% 20.10% 0.00%  

 Style Weighting
Large-Cap Growth 21.63%
Large-Cap Value 22.55%
Mid-Cap Growth 35.64%
Mid-Cap Value 20.10%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.08%
U.S. Stocks 87.93%   Other 0.08%
Non-U.S. Stocks 11.99%      
The style and sector characteristics of the portfolio are determined as of 04/23/2014 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Holdings  Export Current Holdings | View Initial Holdings  
 Nu Skin Enterprises, Inc. (Class A) NUS Consumer Staples  Consumer Staples Mid-Cap Growth 5.66%
 Northrop Grumman Corporation NOC Industrials  Industrials Large-Cap Value 4.73%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 4.72%
 Raytheon Company RTN Industrials  Industrials Large-Cap Value 4.69%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Value 4.19%
 Broadridge Financial Solutions, Inc. BR Information Technology  Information Technology Mid-Cap Growth 4.17%
 Time Warner Cable, Inc. TWC Consumer Discretionary  Consumer Discretionary Large-Cap Growth 4.08%
 Autoliv, Inc. ALV Consumer Discretionary  Consumer Discretionary Mid-Cap Value 4.05%
 Herbalife Ltd. HLF Consumer Staples  Consumer Staples Mid-Cap Growth 3.95%
 Harris Corporation HRS Information Technology  Information Technology Mid-Cap Growth 3.89%
 Principal Financial Group, Inc. PFG Financials  Financials Mid-Cap Value 3.67%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 3.66%
 Hasbro, Inc. HAS Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.50%
 Texas Instruments Incorporated TXN Information Technology  Information Technology Large-Cap Growth 3.49%
 The Scotts Miracle-Gro Company SMG Materials  Materials Mid-Cap Growth 3.40%
 UGI Corporation UGI Utilities  Utilities Mid-Cap Value 3.33%
 Intel Corporation INTC Information Technology  Information Technology Large-Cap Value 3.28%
 Six Flags Entertainment Corporation SIX Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.07%
 Analog Devices, Inc. ADI Information Technology  Information Technology Large-Cap Growth 3.01%
 General Electric Company GE Industrials  Industrials Large-Cap Value 2.91%
 Western Union Company WU Information Technology  Information Technology Mid-Cap Growth 2.85%
 Tupperware Brands Corporation TUP Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.78%
 Darden Restaurants, Inc. DRI Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.75%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 2.75%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.67%
 Mattel, Inc. MAT Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.37%
 Staples, Inc. SPLS Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.31%
 Ensco Plc ESV Energy  Energy Mid-Cap Value 2.14%
 Teck Resources Limited (Class B) TCK Materials  Materials Mid-Cap Value 1.85%
Total Number of Holdings:    29
Underlying Securities information represented above is as of 04/23/2014 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 consumer products sector are subject to global competition, changing government regulations and trade policies, currency fluctuations, and the financial and political risks inherent in producing products for foreign markets.

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.

The companies engaged in the technology sector are subject to fierce competition, high research and development costs, and their products and services may be subject to rapid obsolescence. Technology company stocks, especially those which are Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their operating performance.

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.

Some of the information may have been obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor's. Reproduction and distribution of third party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content. THIRD PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPESATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES, OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice. Please see the prospectus for a full description of the bond ratings.

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.

Printer Friendly Page Printer Friendly Page

First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan
Copyright © 2014 All rights reserved.