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Income Dividend Equity Allocation (IDEA), 12  Ticker: FPIANX
A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income by investing in equity securities that are selected by Confluence Investment Management LLC using a comprehensive evaluation process.
Product Code: IDEA12
Portfolio Status: Secondary
Initial Offer Date: 04/28/2017
Secondary Date: 07/24/2017
Portfolio Ending Date: 04/29/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $10.5059
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 11/22/2017 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 Per Unit * $0.2079
As of 11/20/2017
* 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 13.86%
Consumer Staples  Consumer Staples 9.55%
Energy  Energy 5.97%
Financials  Financials 19.02%
Health Care  Health Care 11.95%
Industrials  Industrials 18.29%
Information Technology  Information Technology 10.99%
Materials  Materials 4.41%
Real Estate  Real Estate 0.00%
Telecommunication Services  Telecommunication Services 0.00%
Utilities  Utilities 5.75%
Other  Other 0.21%
  Large Mid Small  
Growth  49.42% 14.77% 0.00%  
Value  23.68% 9.74% 2.18%  

 Style Weighting
Large-Cap Growth 49.42%
Large-Cap Value 23.68%
Mid-Cap Growth 14.77%
Mid-Cap Value 9.74%
Small-Cap Growth 0.00%
Small-Cap Value 2.18%
Undetermined 0.21%
U.S. Stocks 90.19%   Other 0.21%
Non-U.S. Stocks 9.60%      
The style and sector characteristics of the portfolio are determined as of 11/22/2017 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $92,686.54
Weighted Average Price/Earnings 25.99
Weighted Average Price/Book 3.99
As of 11/22/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Polaris Industries Inc. PII Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.63%
 T. Rowe Price Group, Inc. TROW Financials  Financials Large-Cap Growth 2.60%
 SEI Investments Company SEIC Financials  Financials Mid-Cap Growth 2.52%
 Mastercard Incorporated MA Information Technology  Information Technology Large-Cap Growth 2.42%
 Becton, Dickinson and Company BDX Health Care  Health Care Large-Cap Growth 2.27%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 2.26%
 Praxair, Inc. PX Materials  Materials Large-Cap Growth 2.26%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.25%
 Graco Inc. GGG Industrials  Industrials Mid-Cap Growth 2.23%
 3M Company MMM Industrials  Industrials Large-Cap Growth 2.22%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 2.18%
 MTS Systems Corporation MTSC Information Technology  Information Technology Small-Cap Value 2.18%
 Stryker Corporation SYK Health Care  Health Care Large-Cap Growth 2.15%
 American Express Company AXP Financials  Financials Large-Cap Growth 2.15%
 Air Products and Chemicals, Inc. APD Materials  Materials Large-Cap Value 2.15%
 Brown & Brown, Inc. BRO Financials  Financials Mid-Cap Value 2.15%
 Illinois Tool Works Inc. ITW Industrials  Industrials Large-Cap Growth 2.13%
 Analog Devices, Inc. ADI Information Technology  Information Technology Large-Cap Value 2.13%
 Occidental Petroleum Corporation OXY Energy  Energy Large-Cap Value 2.07%
 Nestle S.A. (ADR) NSRGY Consumer Staples  Consumer Staples Large-Cap Growth 2.06%
 Chubb Limited CB Financials  Financials Large-Cap Value 2.06%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 2.05%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 2.04%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Value 2.03%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.02%
 Paychex, Inc. PAYX Information Technology  Information Technology Large-Cap Growth 2.00%
 NIKE, Inc. (Class B) NKE Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.98%
 Expeditors International of Washington, Inc. EXPD Industrials  Industrials Mid-Cap Growth 1.98%
 New Jersey Resources Corporation NJR Utilities  Utilities Mid-Cap Value 1.98%
 The Southern Company SO Utilities  Utilities Large-Cap Value 1.92%
 W.W. Grainger, Inc. GWW Industrials  Industrials Mid-Cap Growth 1.92%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Growth 1.92%
 Northern Trust Corporation NTRS Financials  Financials Large-Cap Value 1.91%
 Donaldson Company, Inc. DCI Industrials  Industrials Mid-Cap Growth 1.91%
 PepsiCo, Inc. PEP Consumer Staples  Consumer Staples Large-Cap Growth 1.90%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 1.88%
 Cullen/Frost Bankers, Inc. CFR Financials  Financials Mid-Cap Value 1.88%
 Commerce Bancshares, Inc. CBSH Financials  Financials Mid-Cap Value 1.88%
 The Clorox Company CLX Consumer Staples  Consumer Staples Large-Cap Growth 1.87%
 M&T Bank Corporation MTB Financials  Financials Large-Cap Value 1.87%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 1.86%
 MDU Resources Group, Inc. MDU Utilities  Utilities Mid-Cap Value 1.85%
 Medtronic Plc MDT Health Care  Health Care Large-Cap Value 1.84%
 Colgate-Palmolive Company CL Consumer Staples  Consumer Staples Large-Cap Growth 1.84%
 United Technologies Corporation UTX Industrials  Industrials Large-Cap Value 1.80%
 Starbucks Corporation SBUX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.74%
 The TJX Companies, Inc. TJX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.66%
 GlaxoSmithKline Plc (ADR) GSK Health Care  Health Care Large-Cap Growth 1.61%
 Nordstrom, Inc. JWN Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.58%
Total Number of Holdings:    49
Underlying Securities information represented above is as of 11/22/2017 but will vary with future fluctuations in the market.

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.

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.

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.

Fund Cusip Information
30302P627 (Cash)
30302P635 (Reinvest)
30302P643 (Cash-Fee)
30302P650 (Reinvest-Fee)
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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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