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Technology Dividend Buy-Write, 4  Ticker: FDEOAX
 
Description
A unit investment trust that seeks income, with capital appreciation as a secondary objective. The portfolio invests in common stocks of dividend-paying technology companies. Simultaneously, the portfolio sells a Long-Term Equity AnticiPation Securities (LEAPS®) call option against each position.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: TDBW4
Portfolio Status: Secondary
Initial Offer Date: 07/21/2021
Secondary Date: 09/22/2021
Portfolio Ending Date: 01/25/2023
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.0799
POP(*): $10.2179
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 10/22/2021 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 (as of 10/22/2021) Per Unit (as of 10/22/2021)
1.68% $0.17150
^ 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. 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. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 0.00%
Consumer Discretionary  Consumer Discretionary 0.00%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 0.00%
Financials  Financials 0.00%
Health Care  Health Care 0.00%
Industrials  Industrials 0.00%
Information Technology  Information Technology 100.97%
Materials  Materials 0.00%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.00%
 
  Large Mid Small  
Growth  50.17% 14.87% 0.00%  
Value  27.58% 8.35% 0.00%  

 Style Weighting
Large-Cap Growth 50.17%
Large-Cap Value 27.58%
Mid-Cap Growth 14.87%
Mid-Cap Value 8.35%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.00%
 Composition
U.S. Stocks 76.53%   Bonds/Cash or Cash Equivalents 5.22%
Non-U.S. Stocks 24.44%   Other -6.19%
The style and sector characteristics of the portfolio are determined as of 10/22/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 5.71%
 KLA Corporation KLAC Information Technology  Information Technology Large-Cap Growth 5.54%
 Broadcom Inc. AVGO Information Technology  Information Technology Large-Cap Growth 4.82%
 Cognizant Technology Solutions Corporation CTSH Information Technology  Information Technology Large-Cap Value 4.63%
 NetApp, Inc. NTAP Information Technology  Information Technology Mid-Cap Growth 4.58%
 Analog Devices, Inc. ADI Information Technology  Information Technology Large-Cap Value 4.55%
 Hewlett Packard Enterprise Company HPE Information Technology  Information Technology Mid-Cap Value 4.35%
 HP Inc. HPQ Information Technology  Information Technology Large-Cap Growth 4.33%
 Infosys Limited (ADR) INFY Information Technology  Information Technology Large-Cap Growth 4.21%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Value 4.12%
 Oracle Corporation ORCL Information Technology  Information Technology Large-Cap Growth 4.09%
 Motorola Solutions, Inc. MSI Information Technology  Information Technology Large-Cap Growth 4.03%
 Juniper Networks, Inc. JNPR Information Technology  Information Technology Mid-Cap Value 4.00%
 NortonLifeLock Inc. NLOK Information Technology  Information Technology Mid-Cap Growth 3.99%
 Telefonaktiebolaget LM Ericsson (ADR) ERIC Information Technology  Information Technology Large-Cap Value 3.87%
 Microchip Technology Incorporated MCHP Information Technology  Information Technology Large-Cap Growth 3.84%
 Corning Incorporated GLW Information Technology  Information Technology Large-Cap Value 3.83%
 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) TSM Information Technology  Information Technology Large-Cap Growth 3.79%
 Seagate Technology Holdings Plc STX Information Technology  Information Technology Mid-Cap Growth 3.63%
 QUALCOMM Incorporated QCOM Information Technology  Information Technology Large-Cap Growth 3.36%
 Intel Corporation INTC Information Technology  Information Technology Large-Cap Value 3.32%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Value 3.26%
 NXP Semiconductors N.V. NXPI Information Technology  Information Technology Large-Cap Growth 3.23%
 Texas Instruments Incorporated TXN Information Technology  Information Technology Large-Cap Growth 3.22%
 Skyworks Solutions, Inc. SWKS Information Technology  Information Technology Mid-Cap Growth 2.67%
 2023-01-20 International Business Machines Corporation C 170        -0.05%
 2023-01-20 Intel Corporation C 67.50        -0.10%
 2023-01-20 Corning Incorporated C 50        -0.10%
 2023-01-20 Skyworks Solutions, Inc. C 230        -0.12%
 2023-01-20 QUALCOMM Incorporated C 170        -0.14%
 2023-01-20 Cisco Systems, Inc. C 65        -0.15%
 2023-01-20 Telefonaktiebolaget LM Ericsson (ADR) C 15        -0.16%
 2023-01-20 Texas Instruments Incorporated C 230        -0.17%
 2023-01-20 Juniper Networks, Inc. C 35        -0.18%
 2023-01-20 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) C 140        -0.19%
 2023-01-20 NortonLifeLock Inc. C 32        -0.23%
 2023-01-20 NXP Semiconductors N.V. C 240        -0.25%
 2023-01-20 Seagate Technology Holdings Plc C 105        -0.26%
 2023-01-20 Oracle Corporation C 110        -0.28%
 2023-01-20 HP Inc. C 35        -0.30%
 2023-01-20 Motorola Solutions, Inc. C 260        -0.34%
 2023-01-20 Infosys Limited (ADR) C 25        -0.35%
 2023-01-20 Broadcom Inc. C 560        -0.37%
 2023-01-20 Analog Devices, Inc. C 195        -0.37%
 2023-01-20 Microchip Technology Incorporated C 82.50        -0.39%
 2023-01-20 Accenture Plc C 380        -0.39%
 2023-01-20 Hewlett Packard Enterprise Company C 17        -0.40%
 2023-01-20 Cognizant Technology Solutions Corporation C 82.50        -0.45%
 2023-01-20 NetApp, Inc. C 95        -0.57%
 2023-01-20 KLA Corporation C 360        -0.68%
 Name of Issuer and Title of Treasury Obligation
 U.S. Treasury Note, 1.875%, due 04/30/2022
1.31%
 Name of Issuer and Title of Treasury Obligation
 U.S. Treasury Note, 1.375%, due 01/31/2022
1.31%
 Name of Issuer and Title of Treasury Obligation
 U.S. Treasury Note, 1.50%, due 10/31/2021
1.30%
 Name of Issuer and Title of Treasury Obligation
 U.S. Treasury Note, 0.125%, due 07/31/2022
1.30%
 
Total Number of Holdings:    54
Underlying Securities information represented above is as of 10/22/2021 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 November 19, 2021
$0.04500 December 20, 2021
$0.04500 January 20, 2022

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.

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.

LEAPS Risk. The value of the LEAPS is deducted from the value of the portfolio assets when determining the value of a unit. As the value of the LEAPS increases, it has a more negative impact on the value of the units. The value of the LEAPS will also be affected by changes in the value and dividend rates of the underlying stocks, an increase in interest rates, a change in the actual and perceived volatility of the stock market and the stocks and the remaining time to expiration. Additionally, the value of the LEAPS does not increase or decrease at the same rate as the underlying stock. However, as the LEAPS approach their expiration date, their value increasingly moves with the price of the stock.

Options Risk. Options are subject to various risks including that their value may be adversely affected if the market for the option becomes less liquid or smaller. In addition, options will be affected by changes in the value and dividend rates of the stock subject to the option, an increase in interest rates, a change in the actual and perceived volatility of the stock market and the common stock and the remaining time to expiration.

Technology Risk. The companies engaged in the information technology sector are subject to fierce competition, high research and development costs, and their products and services may be subject to rapid obsolescence. Technology company stocks, especially those which are Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their operating performance.

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.

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
30321N348 (Cash)
30321N355 (Cash-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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