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Clean Energy, 4  Ticker: FWMUAX
A unit investment trust that seeks above-average capital appreciation by investing in clean energy companies that are involved in the development, manufacturing, distribution and installation of clean energy technologies.
Please note that there is no assurance the objective will be met.
Product Code: CLEN4
Portfolio Status: Secondary
Initial Offer Date: 07/26/2021
Secondary Date: 10/22/2021
Portfolio Ending Date: 07/26/2023
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
Initial Offer Price: $10.0000
NAV(*): $9.1908
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 10/03/2022 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 9/30/2022)
----- $0.03860
^ 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 0.00%
Consumer Discretionary  Consumer Discretionary 5.24%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 0.00%
Financials  Financials 0.00%
Health Care  Health Care 0.00%
Industrials  Industrials 23.81%
Information Technology  Information Technology 37.66%
Materials  Materials 17.58%
Real Estate  Real Estate 0.00%
Utilities  Utilities 15.60%
Other  Other 0.11%
  Large Mid Small  
Growth  28.98% 10.79% 17.31%  
Value  3.68% 25.54% 13.59%  

 Style Weighting
Large-Cap Growth 28.98%
Large-Cap Value 3.68%
Mid-Cap Growth 10.79%
Mid-Cap Value 25.54%
Small-Cap Growth 17.31%
Small-Cap Value 13.59%
Undetermined 0.11%
U.S. Stocks 79.19%   Other 0.11%
Non-U.S. Stocks 20.70%      
The style and sector characteristics of the portfolio are determined as of 10/03/2022 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $48,183.22
Price/Earnings 19.66
Price/Book 3.21
As of 10/3/2022
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
 Sociedad Quimica y Minera de Chile S.A. (ADR) SQM Materials  Materials Large-Cap Growth 6.86%
 ON Semiconductor Corporation ON Information Technology  Information Technology Large-Cap Growth 6.23%
 First Solar, Inc. FSLR Information Technology  Information Technology Mid-Cap Value 5.78%
 Livent Corporation LTHM Materials  Materials Mid-Cap Growth 5.69%
 Enphase Energy, Inc. ENPH Information Technology  Information Technology Large-Cap Growth 5.62%
 Albemarle Corporation ALB Materials  Materials Large-Cap Growth 5.03%
 Ormat Technologies, Inc. ORA Utilities  Utilities Mid-Cap Value 4.49%
 Clearway Energy, Inc. (Class C) CWEN Utilities  Utilities Mid-Cap Value 4.20%
 Tesla, Inc. TSLA Consumer Discretionary  Consumer Discretionary Large-Cap Growth 4.01%
 Ameresco, Inc. (Class A) AMRC Industrials  Industrials Small-Cap Growth 3.78%
 NextEra Energy, Inc. NEE Utilities  Utilities Large-Cap Value 3.68%
 SunPower Corporation SPWR Industrials  Industrials Small-Cap Growth 3.47%
 Canadian Solar Inc. CSIQ Information Technology  Information Technology Small-Cap Value 3.41%
 Bloom Energy Corporation (Class A) BE Industrials  Industrials Small-Cap Growth 3.38%
 SolarEdge Technologies, Inc. SEDG Information Technology  Information Technology Mid-Cap Growth 3.34%
 Acuity Brands, Inc. AYI Industrials  Industrials Mid-Cap Value 3.33%
 Daqo New Energy Corporation (ADR) DQ Information Technology  Information Technology Small-Cap Value 3.17%
 Littelfuse, Inc. LFUS Information Technology  Information Technology Mid-Cap Value 2.92%
 Plug Power Inc. PLUG Industrials  Industrials Mid-Cap Value 2.85%
 Advanced Energy Industries, Inc. AEIS Information Technology  Information Technology Small-Cap Growth 2.80%
 Power Integrations, Inc. POWI Information Technology  Information Technology Small-Cap Growth 2.77%
 Sunnova Energy International Inc. NOVA Utilities  Utilities Small-Cap Value 2.30%
 EnerSys ENS Industrials  Industrials Small-Cap Value 2.16%
 Sunrun Inc. RUN Industrials  Industrials Mid-Cap Value 1.97%
 Vestas Wind Systems A/S (ADR) VWDRY Industrials  Industrials Mid-Cap Growth 1.76%
 Itron, Inc. ITRI Information Technology  Information Technology Small-Cap Value 1.62%
 NIO Inc. (ADR) NIO Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.23%
 TPI Composites, Inc. TPIC Industrials  Industrials Small-Cap Growth 1.11%
 Azure Power Global Limited AZRE Utilities  Utilities Small-Cap Value 0.93%
Total Number of Holdings:    29
Underlying Securities information represented above is as of 10/03/2022 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.

COVID-19 Economic Impact Risk. The COVID-19 global pandemic and the ensuing policies enacted by governments and central banks have caused and may continue to cause significant volatility and uncertainty in global financial markets. While the U.S. has resumed "reasonably" normal business activity, many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

Industrials Risk. The companies engaged in the industrials sector are subject to a deterioration in the general state of the economy, intense competition, domestic and international politics, excess capacity and changing spending trends.

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

Renewable and Alternative Energy Risk. Renewable and alternative energy companies can be significantly affected by obsolescence of existing technology, short product cycles, legislation resulting in more strict government regulations and enforcement policies, fluctuations in energy prices and supply and demand of alternative energy fuels, energy conservation, the success of exploration projects, the supply of and demand for oil and gas, world events and economic conditions. Shares of clean energy companies have been significantly more volatile than shares of companies operating in other more established industries. This industry is relatively nascent and under-researched in comparison to more established and mature sectors.

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.

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.

Utilities Risk. The companies engaged in the utilities sector are subject to certain risks, including price and supply fluctuations caused by international politics, energy conservation, taxes, and other regulatory policies of various governments.

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.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2022 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30321N785 (Cash)
30321N793 (Reinvest)
30321N801 (Cash-Fee)
30321N819 (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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