First Trust Target Date Fund 2050 R1
Holdings as of 09/18/2020
Total Number of Holdings: 219
Name Symbol Weighting Descending sort
Vanguard FTSE Emerging Markets ETF VWO 8.67%
SPDR Gold Trust GLD 3.51%
SPDR Bloomberg Barclays International Treasury Bond ETF BWX 2.86%
iShares Cohen & Steers REIT ETF ICF 2.36%
iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 2.31%
WisdomTree Bloomberg U.S. Dollar Bullish Fund USDU 1.75%
iShares Short Maturity Bond ETF NEAR 1.38%
Invesco Emerging Markets Sovereign Debt ETF PCY 0.95%
iShares TIPS Bond ETF TIP 0.94%
iShares 7-10 Year Treasury Bond ETF IEF 0.92%
Deere & Company DE 0.80%
HCA Healthcare, Inc. HCA 0.77%
Target Corporation TGT 0.70%
Copart, Inc. CPRT 0.70%
Sysco Corporation SYY 0.68%
Best Buy Co., Inc. BBY 0.68%
Cintas Corporation CTAS 0.67%
Air Products and Chemicals, Inc. APD 0.67%
adidas AG (ADR) ADDYY 0.67%
Public Storage PSA 0.66%
Nintendo Co., Ltd. (ADR) NTDOY 0.66%
Stryker Corporation SYK 0.65%
Monster Beverage Corporation MNST 0.65%
Walmart, Inc. WMT 0.64%
Costco Wholesale Corporation COST 0.63%
The TJX Companies, Inc. TJX 0.63%
Northrop Grumman Corporation NOC 0.62%
Equinix, Inc. EQIX 0.62%
Dollar General Corporation DG 0.62%
Linde Plc LIN 0.62%
Sony Corporation (ADR) SNE 0.61%
The Hershey Company HSY 0.61%
Lockheed Martin Corporation LMT 0.61%
Ross Stores, Inc. ROST 0.61%
Rio Tinto Plc (ADR) RIO 0.61%
Shin-Etsu Chemical Co., Ltd. (ADR) SHECY 0.61%
AutoZone, Inc. AZO 0.60%
Alphabet Inc. (Class A) GOOGL 0.60%
UnitedHealth Group Incorporated UNH 0.59%
Accenture Plc ACN 0.59%
Bristol-Myers Squibb Company BMY 0.57%
Novo Nordisk A/S (ADR) NVO 0.57%
Dassault Systemes S.E. (ADR) DASTY 0.57%
Schneider Electric SE (ADR) SBGSY 0.57%
Industria de Diseno Textil, S.A. (ADR) IDEXY 0.57%
PepsiCo, Inc. PEP 0.56%
Equinor ASA EQNR 0.56%
Henkel AG & Co. KGaA (ADR) HENKY 0.56%
Volkswagen AG (ADR) VWAGY 0.56%
Roche Holding AG (ADR) RHHBY 0.55%
Iberdrola S.A. (ADR) IBDRY 0.55%
Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR) MURGY 0.55%
CDW Corporation CDW 0.55%
The Bank of Nova Scotia BNS 0.54%
CSL Limited (ADR) CSLLY 0.53%
Honda Motor Co., Ltd. (ADR) HMC 0.52%
EssilorLuxottica S.A. (ADR) ESLOY 0.52%
Eli Lilly and Company LLY 0.51%
Total SE (ADR) TOT 0.51%
Vertex Pharmaceuticals Incorporated VRTX 0.51%
L'Oreal S.A. (ADR) LRLCY 0.51%
Automatic Data Processing, Inc. ADP 0.49%
Vinci S.A. (ADR) VCISY 0.49%
British American Tobacco Plc (ADR) BTI 0.48%
Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.47%
Eni SpA (ADR) E 0.46%
ONEOK, Inc. OKE 0.45%
Twitter, Inc. TWTR 0.45%
KDDI Corporation (ADR) KDDIY 0.44%
Royal Dutch Shell Plc (ADR) RDS/A 0.42%
Cognizant Technology Solutions Corporation CTSH 0.41%
Suncor Energy Inc. SU 0.40%
Berkshire Hathaway Inc. (Class B) BRK/B 0.39%
Cummins Inc. CMI 0.39%
PACCAR Inc PCAR 0.38%
Southwest Airlines Co. LUV 0.37%
NVR, Inc. NVR 0.37%
Delta Air Lines, Inc. DAL 0.37%
Pfizer Inc. PFE 0.36%
T-Mobile US, Inc. TMUS 0.36%
L3Harris Technologies Inc. LHX 0.35%
Tyson Foods, Inc. (Class A) TSN 0.33%
Duke Energy Corporation DUK 0.33%
Humana Inc. HUM 0.33%
Micron Technology, Inc. MU 0.33%
Newmont Corporation NEM 0.33%
T. Rowe Price Group, Inc. TROW 0.33%
Hormel Foods Corporation HRL 0.32%
AT&T Inc. T 0.31%
Anthem, Inc. ANTM 0.31%
Centene Corporation CNC 0.31%
Pioneer Natural Resources Company PXD 0.31%
Electronic Arts Inc. EA 0.30%
Regeneron Pharmaceuticals, Inc. REGN 0.30%
Chevron Corporation CVX 0.30%
Lithia Motors, Inc. LAD 0.30%
Watsco, Inc. WSO 0.30%
Performance Food Group Company PFGC 0.30%
Lancaster Colony Corporation LANC 0.29%
PVH Corp. PVH 0.29%
Amedisys, Inc. AMED 0.29%
Erie Indemnity Company ERIE 0.29%
Enphase Energy, Inc. ENPH 0.29%
Installed Building Products, Inc. IBP 0.29%
Intel Corporation INTC 0.28%
Darden Restaurants, Inc. DRI 0.28%
Walgreens Boots Alliance, Inc. WBA 0.28%
Cigna Corporation CI 0.28%
ConocoPhillips COP 0.27%
Expeditors International of Washington, Inc. EXPD 0.27%
Take-Two Interactive Software, Inc. TTWO 0.27%
Dick's Sporting Goods, Inc. DKS 0.27%
EOG Resources, Inc. EOG 0.26%
Landstar System, Inc. LSTR 0.26%
Tetra Tech, Inc. TTEK 0.26%
Curtiss-Wright Corporation CW 0.26%
Molina Healthcare, Inc. MOH 0.26%
Texas Roadhouse, Inc. TXRH 0.26%
Asbury Automotive Group, Inc. ABG 0.26%
Phillips 66 PSX 0.26%
Ulta Beauty, Inc. ULTA 0.26%
The Interpublic Group of Companies, Inc. IPG 0.25%
PulteGroup, Inc. PHM 0.25%
D.R. Horton, Inc. DHI 0.25%
Arthur J. Gallagher & Co. AJG 0.25%
Williams-Sonoma, Inc. WSM 0.25%
Columbia Sportswear Company COLM 0.25%
BMC Stock Holdings, Inc. BMCH 0.25%
Robert Half International Inc. RHI 0.24%
Gentex Corporation GNTX 0.24%
Insight Enterprises, Inc. NSIT 0.24%
MAXIMUS, Inc. MMS 0.24%
Lennar Corporation LEN 0.24%
Henry Schein, Inc. HSIC 0.24%
Simpson Manufacturing Co., Inc. SSD 0.24%
National Beverage Corp. FIZZ 0.24%
Globus Medical, Inc. (Class A) GMED 0.24%
Zebra Technologies Corporation ZBRA 0.23%
Steel Dynamics, Inc. STLD 0.23%
Plexus Corp. PLXS 0.23%
Saia, Inc. SAIA 0.23%
JetBlue Airways Corporation JBLU 0.23%
LHC Group, Inc. LHCG 0.23%
Interactive Brokers Group, Inc. (Class A) IBKR 0.23%
Nucor Corporation NUE 0.22%
Snap-on Incorporated SNA 0.22%
Omnicom Group Inc. OMC 0.22%
UFP Industries Inc. UFPI 0.22%
PriceSmart, Inc. PSMT 0.22%
J & J Snack Foods Corp. JJSF 0.22%
Reliance Steel & Aluminum Co. RS 0.22%
NRG Energy, Inc. NRG 0.22%
Stepan Company SCL 0.22%
Pilgrim's Pride Corporation PPC 0.22%
Tandem Diabetes Care, Inc. TNDM 0.22%
Houlihan Lokey, Inc. HLI 0.22%
Dillard's, Inc. (Class A) DDS 0.21%
UniFirst Corporation UNF 0.21%
EMCOR Group, Inc. EME 0.21%
Sanderson Farms, Inc. SAFM 0.21%
Exelixis, Inc. EXEL 0.21%
Diodes Incorporated DIOD 0.21%
ManTech International Corporation MANT 0.21%
NewMarket Corporation NEU 0.21%
SYNNEX Corporation SNX 0.21%
Knight-Swift Transportation Holdings Inc. KNX 0.21%
Graham Holdings Company GHC 0.20%
Urban Outfitters, Inc. URBN 0.20%
American Eagle Outfitters, Inc. AEO 0.20%
Host Hotels & Resorts, Inc. HST 0.20%
CNX Resources Corporation CNX 0.20%
Rush Enterprises, Inc. (Class A) RUSHA 0.20%
MarketAxess Holdings Inc. MKTX 0.20%
Fortinet, Inc. FTNT 0.20%
First American Financial Corporation FAF 0.20%
Brady Corporation BRC 0.19%
Sykes Enterprises, Incorporated SYKE 0.19%
M.D.C. Holdings, Inc. MDC 0.19%
Zions Bancorporation ZION 0.19%
Oshkosh Corporation OSK 0.19%
Mohawk Industries, Inc. MHK 0.19%
WD-40 Company WDFC 0.19%
United States Steel Corporation X 0.18%
Old Republic International Corporation ORI 0.18%
Cimarex Energy Co. XEC 0.18%
Concho Resources Inc. CXO 0.18%
Exponent, Inc. EXPO 0.18%
TRI Pointe Group, Inc. TPH 0.18%
Parsley Energy, Inc. (Class A) PE 0.18%
Regal Beloit Corporation RBC 0.17%
MSC Industrial Direct Co., Inc. (Class A) MSM 0.17%
Inter Parfums, Inc. IPAR 0.17%
Quidel Corporation QDEL 0.17%
Cohen & Steers, Inc. CNS 0.17%
Sally Beauty Holdings, Inc. SBH 0.17%
First Citizens BancShares, Inc. (Class A) FCNCA 0.17%
Arena Pharmaceuticals, Inc. ARNA 0.17%
Walker & Dunlop, Inc. WD 0.17%
ABM Industries Incorporated ABM 0.16%
Bank of Hawaii Corporation BOH 0.16%
PacWest Bancorp PACW 0.16%
Central Garden & Pet Company (Class A) CENTA 0.16%
Matador Resources Company MTDR 0.16%
Telephone and Data Systems, Inc. TDS 0.15%
Marathon Oil Corporation MRO 0.15%
Equity Commonwealth EQC 0.15%
Steven Madden, Ltd. SHOO 0.15%
PDC Energy, Inc. PDCE 0.15%
Pacific Premier Bancorp, Inc. PPBI 0.15%
Spirit Airlines, Inc. SAVE 0.15%
Diamondback Energy, Inc. FANG 0.15%
American National Group, Inc. ANAT 0.15%
Vishay Intertechnology, Inc. VSH 0.14%
Murphy Oil Corporation MUR 0.14%
United States Cellular Corporation USM 0.14%
Hub Group, Inc. HUBG 0.14%
Knowles Corporation KN 0.14%
Bank OZK OZK 0.14%
Eagle Bancorp, Inc. EGBN 0.12%
Cash 4.32%
Underlying Securities information represented above is as of 09/18/2020 but will vary with future fluctuations in the market.

ABOUT THE FUND

The First Trust Target Date Fund is a collective investment fund that invests according to a strategy determined by First Trust Advisors L.P., which serves as the Fund's Sub-Advisor. This Fund was created by Hand Composite Employee Benefit Trust and is sponsored by Hand Benefits & Trust Company, a BPAS Company.

RISK FACTORS

Plan sponsors and participants should consider the Fund's investment objective, time horizon, risks, charges and expenses carefully before investing. Contact your financial professional or call First Trust Portfolios L.P. at 877.937.4015 to request an Information Statement, which contains this and other information about the Fund. Read it carefully before you invest.

The First Trust Collective Investment Funds are not mutual funds and their units are not deposits of the Trustee, Hand Benefits & Trust Company, or the Sub-Advisor, and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other agency. The units are securities which have not been registered under the Securities Act of 1933 and the Fund is exempted from investment company registration under the Investment Company Act of 1940. Therefore, participating plans and their participants will not be entitled to the protections under these Acts. Management of the Trust, however, is generally subject to the fiduciary duty and prohibited transaction rules under the Employee Retirement Income Security Act of 1974 (ERISA).

As with any investment, you can lose money by investing in a Fund. The mix of assets in a Fund is intended to diminish the risk of loss, but sometimes stocks, bonds, and other assets in a Fund's portfolio may lose value simultaneously. While the Funds are managed to reduce equity market exposure and, therefore, equity market risk over time, investment in a Fund is exposed to market risk and other certain risks. For more information regarding the following risks, please consult the Fund's Information Statement.

The Fund is subject to market risk which is the risk that a particular security owned by the Fund or shares of the Fund in general may fall in value. The outbreak of the respiratory disease designated as COVID-19 in December 2019 has caused significant volatility and declines in global financial markets, which have caused losses for investors. The COVID-19 pandemic may last for an extended period of time, and will continue to impact the economy for the foreseeable future.

An investment in a fund containing securities of non-U.S. issuers is subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. These risks may be heightened for securities of companies located in, or with significant operations in, emerging market countries.

Changes in currency exchange rates and the relative value of non-U.S. currencies may affect the value of the Fund's investments and the value of the Fund's shares.

The Fund invests in small and/or mid-capitalization companies. Such companies may experience greater price volatility than larger, more established companies.

Certain securities held by the Fund are subject to credit risk, income risk, interest rate risk and prepayment risk. Credit risk is the risk that an issuer may default on its obligation to make principal and/or interest payments when due. Credit risk is heightened for senior loan securities. Income risk is the risk that income from the Fund's fixed income investments could decline during periods of falling interest rates. Interest rate risk is the risk that the value of debt securities will decline because of rising interest rates. Prepayment risk is the risk that, during periods of falling interest rates, an issuer may exercise its right to pay principal on an obligation earlier than expected. This may result in a decline in a fund's income. Each of these risks may have an adverse effect on the Fund's total return.

Companies that issue loans tend to be highly leveraged and thus are more susceptible to the risk of interest deferral, default and/or bankruptcy. Senior floating rate loans, in which the Fund may invest, are usually rated below investment grade but may also be unrated. As a result, the risks associated with these senior floating rate loans are similar to the risks of high-yield fixed income instruments.

High-yield securities or "junk" bonds are subject to greater market fluctuations and risk of loss than securities with higher ratings, and therefore, are considered to be highly speculative. These securities are issued by companies that may have limited operating history, narrowly focused operations, and/or other impediments to the timely payment of periodic interest and principal at maturity. The market for high-yield securities is smaller and less liquid than that for investment-grade securities.

The Fund may invest in securities of other investment companies, including ETFs or other PIVs which involves additional expenses that would not be present in a direct investment in the underlying funds. In addition, a fund's investment performance and risks may be related to the investment performance and risks of the underlying funds.

The Fund may invest in Treasury Inflation-Protected Securities (TIPS), which are securities issued by the U.S. Government but differ from nominal rate Treasury securities in certain respects. TIPS are issued at fixed coupon rates lower than those of nominal rate Treasury securities, but the principal amount of TIPS fluctuates daily based on a pro-rata portion of the change in the Consumer Price Index as reported three months earlier. Coupon payments are made based on the adjusted principal value of the TIPS. In a falling inflationary environment, both the coupon payments and the value of TIPS will decline. Foreign governments may issue securities with features similar to TIPS.

The value of commodities and commodity-linked instruments typically is based upon the price movements of a physical commodity or an economic variable linked to such price movements. The prices of commodities and commodities-linked instruments may fluctuate quickly and dramatically and may not correlate to price movements in other asset classes. Each of these factors and events could have a significant negative impact on the Fund.

Real estate investment trusts and other real estate related companies are subject to certain risks, including changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

Not FDIC Insured  •  Not Bank Guaranteed  •  May Lose Value