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

Search by Ticker, Keyword or CUSIP       

Low Volatility, 13  Ticker: FPYKFX
A unit investment trust that seeks above-average capital appreciation by investing in well-capitalized companies which have displayed low price fluctuations over time while also retaining capital growth potential.
Product Code: LVOL13
Portfolio Status: Secondary
Initial Offer Date: 09/21/2018
Secondary Date: 12/14/2018
Portfolio Ending Date: 12/20/2019
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
Historical 12-Month Distribution Rate of Trust Holdings:^ 2.00%
Initial Offer Price: $10.0000
NAV(*): $9.8097
POP(*): $9.9439
Remaining Deferred Sales Charge: $0.0450
* As of Trade Date: 02/20/2019 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.
^There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical distribution rate of the securities included in the trust is for illustrative purposes only and is not indicative of the trust's distribution rate. The historical distribution rate is calculated by dividing the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio by the trust's offering price and is reduced to account for the effects of fees and expenses which will be incurred when investing in a trust. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution rate paid by the trust may be higher or lower than the amount shown above due to certain factors that may include, but are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the sale of securities in the portfolio.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 0.00%
Consumer Discretionary  Consumer Discretionary 5.87%
Consumer Staples  Consumer Staples 9.39%
Energy  Energy 1.85%
Financials  Financials 23.08%
Health Care  Health Care 5.75%
Industrials  Industrials 11.75%
Information Technology  Information Technology 7.56%
Materials  Materials 4.13%
Real Estate  Real Estate 4.02%
Utilities  Utilities 26.31%
Other  Other 0.29%
  Large Mid Small  
Growth  22.03% 2.15% 0.00%  
Value  56.22% 19.31% 0.00%  

 Style Weighting
Large-Cap Growth 22.03%
Large-Cap Value 56.22%
Mid-Cap Growth 2.15%
Mid-Cap Value 19.31%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.29%
U.S. Stocks 94.27%   Other 0.29%
Non-U.S. Stocks 5.44%      
The style and sector characteristics of the portfolio are determined as of 02/20/2019 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $66,984.78
Weighted Average Price/Earnings 15.95
Weighted Average Price/Book 2.35
As of 2/20/2019
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 The Southern Company SO Utilities  Utilities Large-Cap Value 2.29%
 Pinnacle West Capital Corporation PNW Utilities  Utilities Mid-Cap Value 2.29%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 2.28%
 Xcel Energy Inc. XEL Utilities  Utilities Large-Cap Value 2.27%
 American Electric Power Company, Inc. AEP Utilities  Utilities Large-Cap Value 2.26%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.23%
 Exelon Corporation EXC Utilities  Utilities Large-Cap Value 2.21%
 Duke Energy Corporation DUK Utilities  Utilities Large-Cap Value 2.19%
 CenterPoint Energy, Inc. CNP Utilities  Utilities Mid-Cap Value 2.19%
 NextEra Energy, Inc. NEE Utilities  Utilities Large-Cap Value 2.18%
 DTE Energy Company DTE Utilities  Utilities Large-Cap Value 2.18%
 Mondelez International, Inc. MDLZ Consumer Staples  Consumer Staples Large-Cap Value 2.18%
 Cincinnati Financial Corporation CINF Financials  Financials Mid-Cap Value 2.17%
 Waste Management, Inc. WM Industrials  Industrials Large-Cap Growth 2.17%
 Public Service Enterprise Group Incorporated PEG Utilities  Utilities Large-Cap Value 2.16%
 Church & Dwight Co., Inc. CHD Consumer Staples  Consumer Staples Mid-Cap Growth 2.15%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 2.10%
 Fiserv, Inc. FISV Information Technology  Information Technology Large-Cap Growth 2.09%
 Air Products and Chemicals, Inc. APD Materials  Materials Large-Cap Value 2.09%
 Danaher Corporation DHR Health Care  Health Care Large-Cap Value 2.07%
 Duke Realty Corporation DRE Real Estate  Real Estate Mid-Cap Value 2.06%
 Aflac Incorporated AFL Financials  Financials Large-Cap Value 2.04%
 Ecolab Inc. ECL Materials  Materials Large-Cap Growth 2.04%
 Republic Services, Inc. RSG Industrials  Industrials Large-Cap Value 2.03%
 Consolidated Edison, Inc. ED Utilities  Utilities Large-Cap Value 1.99%
 CME Group Inc. CME Financials  Financials Large-Cap Value 1.97%
 Public Storage PSA Real Estate  Real Estate Large-Cap Growth 1.96%
 People's United Financial, Inc. PBCT Financials  Financials Mid-Cap Value 1.95%
 Cintas Corporation CTAS Industrials  Industrials Large-Cap Growth 1.94%
 Pfizer Inc. PFE Health Care  Health Care Large-Cap Value 1.92%
 AMETEK, Inc. AME Industrials  Industrials Large-Cap Value 1.92%
 Fidelity National Information Services, Inc. FIS Information Technology  Information Technology Large-Cap Value 1.92%
 Nasdaq, Inc. NDAQ Financials  Financials Mid-Cap Value 1.92%
 Raytheon Company RTN Industrials  Industrials Large-Cap Growth 1.89%
 Chubb Limited CB Financials  Financials Large-Cap Value 1.89%
 The Travelers Companies, Inc. TRV Financials  Financials Large-Cap Value 1.89%
 Torchmark Corporation TMK Financials  Financials Mid-Cap Value 1.88%
 The Allstate Corporation ALL Financials  Financials Large-Cap Value 1.86%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 1.85%
 Berkshire Hathaway Inc. (Class B) BRK/B Financials  Financials Large-Cap Value 1.85%
 U.S. Bancorp USB Financials  Financials Large-Cap Value 1.85%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.83%
 The TJX Companies, Inc. TJX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.81%
 Loews Corporation L Financials  Financials Mid-Cap Value 1.81%
 United Technologies Corporation UTX Industrials  Industrials Large-Cap Value 1.80%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 1.79%
 Laboratory Corporation of America Holdings LH Health Care  Health Care Mid-Cap Value 1.76%
 TE Connectivity Ltd. TEL Information Technology  Information Technology Large-Cap Value 1.76%
 Constellation Brands, Inc. (Class A) STZ Consumer Staples  Consumer Staples Large-Cap Value 1.50%
 Conagra Brands, Inc. CAG Consumer Staples  Consumer Staples Mid-Cap Value 1.28%
Total Number of Holdings:    50
Underlying Securities information represented above is as of 02/20/2019 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 January 18, 2019
$0.04500 February 20, 2019
$0.04500 March 20, 2019

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.

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.

Term Risk - 15 months. Although this unit investment trust terminates in approximately 15 months, 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.

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.

Operational Risk. As the use of Internet technology has become more prevalent in the course of business, the trust has become more susceptible to potential operational risks through breaches in cyber security.

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
30310A422 (Cash)
30310A430 (Reinvest)
30310A448 (Cash-Fee)
30310A455 (Reinvest-Fee)
Printer Friendly Page Printer Friendly Page

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.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2019 All rights reserved.