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Target Growth, 3rd Qtr 2020  Ticker: FPHCVX
 
Description
A unit investment trust that 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 screens and factors.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: TG3Q20
Portfolio Status: Secondary
Initial Offer Date: 07/10/2020
Secondary Date: 10/12/2020
Portfolio Ending Date: 10/08/2021
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $12.7204
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 07/23/2021 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  Per Unit (as of 7/23/2021)
----- $0.05850
^ 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 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 distributions 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. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit 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 10.61%
Consumer Discretionary  Consumer Discretionary 3.73%
Consumer Staples  Consumer Staples 10.09%
Energy  Energy 0.00%
Financials  Financials 5.88%
Health Care  Health Care 22.29%
Industrials  Industrials 4.00%
Information Technology  Information Technology 28.42%
Materials  Materials 11.78%
Real Estate  Real Estate 0.00%
Utilities  Utilities 3.14%
Other  Other 0.06%
 
  Large Mid Small  
Growth  44.58% 36.00% 0.00%  
Value  9.39% 8.30% 1.67%  

 Style Weighting
Large-Cap Growth 44.58%
Large-Cap Value 9.39%
Mid-Cap Growth 36.00%
Mid-Cap Value 8.30%
Small-Cap Growth 0.00%
Small-Cap Value 1.67%
Undetermined 0.06%
 Composition
U.S. Stocks 85.32%   Other 0.06%
Non-U.S. Stocks 14.62%      
The style and sector characteristics of the portfolio are determined as of 07/23/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $62,391.34
Price/Earnings 27.27
Price/Book 7.01
As of 7/22/2021
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Enphase Energy, Inc. ENPH Information Technology  Information Technology Mid-Cap Growth 8.26%
 Align Technology, Inc. ALGN Health Care  Health Care Large-Cap Growth 5.91%
 Square, Inc. (Class A) SQ Information Technology  Information Technology Large-Cap Growth 5.03%
 Logitech International S.A. LOGI Information Technology  Information Technology Mid-Cap Growth 4.63%
 Horizon Therapeutics Plc HZNP Health Care  Health Care Mid-Cap Growth 4.39%
 Trex Company, Inc. TREX Industrials  Industrials Mid-Cap Growth 4.00%
 The Sherwin-Williams Company SHW Materials  Materials Large-Cap Growth 3.77%
 Lowe's Companies, Inc. LOW Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.73%
 Eli Lilly and Company LLY Health Care  Health Care Large-Cap Growth 3.70%
 Cadence Design Systems, Inc. CDNS Information Technology  Information Technology Large-Cap Growth 3.70%
 Bio-Rad Laboratories, Inc. (Class A) BIO Health Care  Health Care Mid-Cap Value 3.67%
 ServiceNow, Inc. NOW Information Technology  Information Technology Large-Cap Growth 3.44%
 Monster Beverage Corporation MNST Consumer Staples  Consumer Staples Large-Cap Growth 3.38%
 Adobe Incorporated ADBE Information Technology  Information Technology Large-Cap Growth 3.36%
 Moody's Corporation MCO Financials  Financials Large-Cap Growth 3.35%
 NRG Energy, Inc. NRG Utilities  Utilities Mid-Cap Growth 3.14%
 Cable One, Inc. CABO Communication Services  Communication Services Mid-Cap Growth 2.83%
 DexCom, Inc. DXCM Health Care  Health Care Large-Cap Growth 2.70%
 Electronic Arts Inc. EA Communication Services  Communication Services Large-Cap Value 2.69%
 Zynga Inc. ZNGA Communication Services  Communication Services Mid-Cap Value 2.58%
 FactSet Research Systems Inc. FDS Financials  Financials Mid-Cap Growth 2.53%
 Netflix, Inc. NFLX Communication Services  Communication Services Large-Cap Growth 2.51%
 General Mills, Inc. GIS Consumer Staples  Consumer Staples Large-Cap Value 2.41%
 Newmont Corporation NEM Materials  Materials Large-Cap Value 2.41%
 Beyond Meat, Inc. BYND Consumer Staples  Consumer Staples Mid-Cap Growth 2.22%
 The Clorox Company CLX Consumer Staples  Consumer Staples Mid-Cap Growth 2.08%
 Kinross Gold Corporation KGC Materials  Materials Mid-Cap Value 2.05%
 Neurocrine Biosciences, Inc. NBIX Health Care  Health Care Mid-Cap Growth 1.92%
 Barrick Gold Corporation GOLD Materials  Materials Large-Cap Value 1.88%
 B2Gold Corp. BTG Materials  Materials Small-Cap Value 1.67%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 07/23/2021 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.

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.

COVID-19 Economic Impact Risk. The COVID-19 global pandemic has caused significant volatility and declines in global financial markets, causing losses for investors. The development of vaccines has slowed the spread of the virus and allowed for the resumption of "reasonably" normal business activity in the United States, although many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

Emerging Markets Risk. Risks associated with investing in foreign securities may be more pronounced in emerging markets where the securities markets are substantially smaller, less liquid, less regulated and more volatile than the U.S. and developed foreign markets.

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.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

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 cybersecurity.

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 professional 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
30314Q266 (Cash)
30314Q274 (Reinvest)
30314Q282 (Cash-Fee)
30314Q290 (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 professionals 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. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
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