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U.S. Revenue, 13  Ticker: FLECPX
A unit investment trust that seeks above-average capital appreciation by providing exposure to the accelerating U.S. recovery, while avoiding companies that could be adversely affected by a strong dollar and slowing global growth.
Please note that there is no assurance the objective will be met.
Product Code: USRV13
Portfolio Status: Secondary
Initial Offer Date: 01/31/2019
Secondary Date: 05/03/2019
Portfolio Ending Date: 02/01/2021
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
Initial Offer Price: $10.0000
NAV(*): $10.4407
POP(*): $10.6811
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 07/22/2019 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.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 7/22/2019) Per Unit (as of 7/22/2019)
1.54% $0.16400
^There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. The historical 12-month distribution per unit is based on the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio. The historical 12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust's offering price. The historical 12-month distribution and rate are reduced to account for the effects of fees and expenses, which will be incurred when investing in a trust. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital. PLEASE NOTE: For trusts that hold preferred securities, the historical distribution rate is calculated using only the holdings that have 12 months of distribution history. Any holdings without a 12 month history of dividends were excluded from the calculation. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit and 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 6.85%
Consumer Discretionary  Consumer Discretionary 17.99%
Consumer Staples  Consumer Staples 8.64%
Energy  Energy 5.24%
Financials  Financials 19.88%
Health Care  Health Care 9.17%
Industrials  Industrials 13.46%
Information Technology  Information Technology 11.94%
Materials  Materials 0.00%
Real Estate  Real Estate 0.00%
Utilities  Utilities 6.67%
Other  Other 0.16%
  Large Mid Small  
Growth  21.29% 15.60% 0.00%  
Value  31.52% 31.43% 0.00%  

 Style Weighting
Large-Cap Growth 21.29%
Large-Cap Value 31.52%
Mid-Cap Growth 15.60%
Mid-Cap Value 31.43%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.16%
U.S. Stocks 99.84%   Other 0.16%
Non-U.S. Stocks 0.00%      
The style and sector characteristics of the portfolio are determined as of 07/22/2019 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $47,598.37
Weighted Average Price/Earnings 17.78
Weighted Average Price/Book 2.68
As of 7/22/2019
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Leidos Holdings, Inc. LDOS Information Technology  Information Technology Mid-Cap Growth 4.19%
 CDW Corporation CDW Information Technology  Information Technology Mid-Cap Growth 4.14%
 Cincinnati Financial Corporation CINF Financials  Financials Mid-Cap Value 4.09%
 Tractor Supply Company TSCO Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.87%
 Ulta Beauty, Inc. ULTA Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.79%
 Waste Management, Inc. WM Industrials  Industrials Large-Cap Growth 3.78%
 NextEra Energy, Inc. NEE Utilities  Utilities Large-Cap Value 3.75%
 Dollar General Corporation DG Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.67%
 Fidelity National Financial, Inc. FNF Financials  Financials Mid-Cap Value 3.64%
 Paychex, Inc. PAYX Information Technology  Information Technology Large-Cap Growth 3.61%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.57%
 T-Mobile US, Inc. TMUS Communication Services  Communication Services Large-Cap Value 3.50%
 Republic Services, Inc. RSG Industrials  Industrials Large-Cap Value 3.48%
 Huntington Ingalls Industries, Inc. HII Industrials  Industrials Mid-Cap Growth 3.40%
 Torchmark Corporation TMK Financials  Financials Mid-Cap Value 3.36%
 AT&T Inc. T Communication Services  Communication Services Large-Cap Value 3.35%
 The J.M. Smucker Company SJM Consumer Staples  Consumer Staples Mid-Cap Value 3.33%
 WellCare Health Plans, Inc. WCG Health Care  Health Care Mid-Cap Value 3.21%
 Anthem, Inc. ANTM Health Care  Health Care Large-Cap Value 3.09%
 Advance Auto Parts, Inc. AAP Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.09%
 Hormel Foods Corporation HRL Consumer Staples  Consumer Staples Large-Cap Value 3.05%
 M&T Bank Corporation MTB Financials  Financials Large-Cap Value 2.98%
 CenterPoint Energy, Inc. CNP Utilities  Utilities Mid-Cap Value 2.92%
 TD Ameritrade Holding Corporation AMTD Financials  Financials Large-Cap Value 2.92%
 Zions Bancorporation ZION Financials  Financials Mid-Cap Value 2.89%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Growth 2.87%
 Southwest Airlines Co. LUV Industrials  Industrials Large-Cap Value 2.80%
 HollyFrontier Corporation HFC Energy  Energy Mid-Cap Value 2.64%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 2.60%
 The Kroger Co. KR Consumer Staples  Consumer Staples Mid-Cap Value 2.26%
Total Number of Holdings:    30
Underlying Securities information represented above is as of 07/22/2019 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.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

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.

Consumer Products Risk. 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.

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.

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
30310Q302 (Cash)
30310Q310 (Reinvest)
30310Q328 (Cash-Fee)
30310Q336 (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, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
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