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Target Global Dividend Leaders, 3rd Qtr 2026  Ticker: FAJZVX
 
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: DL3Q26
Portfolio Status: Primary
Initial Offer Date: 07/10/2026
Portfolio Ending Date: 10/08/2027
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.9666
POP(*): $10.1035
Remaining Deferred Sales Charge: $0.1350
Remaining Fees & Expenses
C&D Fee:** $0.0500
Estimated Organization Costs:** $0.0190
* As of Trade Date: 07/20/2026 4:00pm ET
The Public Offering Price (POP) represents the net asset value per unit plus any 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.
** The C&D fee is a charge of $0.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10.00 per unit, the C&D fee will be less than 0.50%; if the price you pay is less than $10.00 per unit, the C&D fee will exceed 0.50%.Estimated organization costs will be deducted from the assets of the trust at the earlier of six months after the initial date of deposit or the end of the initial offering period.Estimated organization costs are assessed on a fixed dollar amount per unit basis which, as a percentage of average net assets, will vary over time.Actual expenses may be more or less than the estimates.Please see "Fee Table" in the trust prospectus for additional information.
If units are redeemed prior to the time when these fees are collected, these fees will not be deducted from the redemption proceeds.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 7/20/2026) Per Unit (as of 7/20/2026)
3.64% $0.36780
^ 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 11.91%
Consumer Discretionary  Consumer Discretionary 12.33%
Consumer Staples  Consumer Staples 6.09%
Energy  Energy 15.88%
Financials  Financials 9.85%
Health Care  Health Care 0.00%
Industrials  Industrials 9.75%
Information Technology  Information Technology 1.99%
Materials  Materials 9.80%
Real Estate  Real Estate 20.38%
Utilities  Utilities 2.00%
Other  Other 0.02%
 
  Large Mid Small  
Growth  1.00% 8.93% 18.66%  
Value  8.02% 34.07% 29.30%  

 Style Weighting
Large-Cap Growth 1.00%
Large-Cap Value 8.02%
Mid-Cap Growth 8.93%
Mid-Cap Value 34.07%
Small-Cap Growth 18.66%
Small-Cap Value 29.30%
Undetermined 0.02%
 Composition
U.S. Stocks 60.62%   Other 0.02%
Non-U.S. Stocks 39.36%      
The style and sector characteristics of the portfolio are determined as of 07/20/2026 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $17,393
Price/Earnings 9.38
Price/Book 1.87
As of 7/20/2026
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings  
NameSymbolSectorStyleWeighting
 HF Sinclair Corp. DINO Energy  Energy Mid-Cap Value 2.24%
 Ultrapar Participacoes S.A. (ADR) UGP Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.14%
 Best Buy Co., Inc. BBY Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.11%
 Target Corporation TGT Consumer Staples  Consumer Staples Large-Cap Value 2.08%
 Pitney Bowes Inc. PBI Industrials  Industrials Small-Cap Value 2.08%
 H&R Block, Inc. HRB Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.07%
 Rogers Communications Inc. (Class B) RCI Communication Services  Communication Services Mid-Cap Value 2.07%
 Compania de Minas Buenaventura S.A.A. (ADR) BVN Materials  Materials Mid-Cap Value 2.07%
 Bath & Body Works, Inc. BBWI Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.06%
 Millicom International Cellular S.A. TIGO Communication Services  Communication Services Mid-Cap Growth 2.04%
 Cal-Maine Foods, Inc. CALM Consumer Staples  Consumer Staples Small-Cap Value 2.04%
 BW LPG Limited BWLP Energy  Energy Small-Cap Value 2.04%
 EOG Resources, Inc. EOG Energy  Energy Large-Cap Value 2.02%
 First American Financial Corporation FAF Financials  Financials Mid-Cap Value 2.01%
 Global Ship Lease, Inc. (Class A) GSL Industrials  Industrials Small-Cap Value 2.01%
 Macy's, Inc. M Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.00%
 Edison International EIX Utilities  Utilities Mid-Cap Value 2.00%
 Pelagos Insurance Capital Limited PLGO Financials  Financials Small-Cap Value 2.00%
 HP Inc. HPQ Information Technology  Information Technology Mid-Cap Value 1.99%
 BHP Group Limited (ADR) BHP Materials  Materials Large-Cap Value 1.99%
 Federated Hermes, Inc. (Class B) FHI Financials  Financials Small-Cap Growth 1.98%
 BCE Inc. BCE Communication Services  Communication Services Mid-Cap Value 1.97%
 Danaos Corporation DAC Industrials  Industrials Small-Cap Value 1.97%
 Energizer Holdings, Inc. ENR Consumer Staples  Consumer Staples Small-Cap Growth 1.97%
 Sirius XM Holdings Inc. SIRI Communication Services  Communication Services Mid-Cap Value 1.97%
 Sonoco Products Company SON Materials  Materials Small-Cap Value 1.95%
 Arcos Dorados Holdings Inc. (Class A) ARCO Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.95%
 International Seaways, Inc. INSW Energy  Energy Small-Cap Growth 1.95%
 Teekay Tankers Ltd. (Class A) TNK Energy  Energy Small-Cap Value 1.94%
 APA Corporation APA Energy  Energy Mid-Cap Value 1.94%
 JSC Kaspi.kz (ADR) KSPI Financials  Financials Mid-Cap Value 1.94%
 John Wiley & Sons, Inc. (Class A) WLY Communication Services  Communication Services Small-Cap Growth 1.93%
 Harmony Gold Mining Company Limited (ADR) HMY Materials  Materials Mid-Cap Value 1.93%
 America Movil, S.A.B. de C.V. (ADR) AMX Communication Services  Communication Services Large-Cap Value 1.93%
 T. Rowe Price Group, Inc. TROW Financials  Financials Mid-Cap Value 1.92%
 Magnolia Oil & Gas Corporation (Class A) MGY Energy  Energy Small-Cap Growth 1.88%
 Frontline plc FRO Energy  Energy Mid-Cap Value 1.87%
 Gold Fields Limited (ADR) GFI Materials  Materials Mid-Cap Value 1.86%
 LATAM Airlines Group S.A. (ADR) LTM Industrials  Industrials Mid-Cap Growth 1.85%
 Copa Holdings, S.A. CPA Industrials  Industrials Small-Cap Growth 1.84%
 DiamondRock Hospitality Company DRH Real Estate  Real Estate Small-Cap Growth 1.07%
 Terreno Realty Corporation TRNO Real Estate  Real Estate Mid-Cap Value 1.06%
 RLJ Lodging Trust RLJ Real Estate  Real Estate Small-Cap Value 1.06%
 Federal Realty Investment Trust FRT Real Estate  Real Estate Mid-Cap Value 1.04%
 CBL & Associates Properties, Inc. CBL Real Estate  Real Estate Small-Cap Growth 1.04%
 Highwoods Properties, Inc. HIW Real Estate  Real Estate Small-Cap Value 1.03%
 Host Hotels & Resorts, Inc. HST Real Estate  Real Estate Mid-Cap Value 1.03%
 EPR Properties EPR Real Estate  Real Estate Small-Cap Growth 1.03%
 Xenia Hotels & Resorts, Inc. XHR Real Estate  Real Estate Small-Cap Value 1.03%
 Brixmor Property Group Inc. BRX Real Estate  Real Estate Mid-Cap Value 1.02%
 Apple Hospitality REIT, Inc. APLE Real Estate  Real Estate Small-Cap Value 1.02%
 COPT Defense Properties CDP Real Estate  Real Estate Small-Cap Growth 1.01%
 Kite Realty Group Trust KRG Real Estate  Real Estate Small-Cap Growth 1.01%
 InvenTrust Properties Corp. IVT Real Estate  Real Estate Small-Cap Value 1.01%
 Simon Property Group, Inc. SPG Real Estate  Real Estate Large-Cap Growth 1.00%
 Kilroy Realty Corp KRC Real Estate  Real Estate Small-Cap Value 1.00%
 Ryman Hospitality Properties, Inc. RHP Real Estate  Real Estate Mid-Cap Growth 0.99%
 Innovative Industrial Properties, Inc. IIPR Real Estate  Real Estate Small-Cap Value 0.99%
 Lamar Advertising Company LAMR Real Estate  Real Estate Mid-Cap Growth 0.98%
 UDR, Inc. UDR Real Estate  Real Estate Mid-Cap Growth 0.96%
 
Total Number of Holdings:    60
Underlying Securities information represented above is as of 07/20/2026 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.02%
  Deferred:  1.34%
C&D Fee:    0.49%
Maximum Sales Charge:   1.85%
CUSIP Type Distribution
30345M268 Cash Monthly
30345M276 Reinvest Monthly
* Based on the offer price as of 07/20/2026 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.50%
Maximum Sales Charge:   0.50%
CUSIP Type Distribution
30345M284 Cash-Fee Monthly
30345M292 Reinvest-Fee Monthly
* Based on the NAV price as of 07/20/2026 4:00pm ET

 Estimated Fees & Expenses *
Estimated Organization Costs 0.190%
Estimated Annual Trust Operating Expenses 0.185%
As of Initial Offer Date
* The C&D fee is a charge of $0.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10.00 per unit, the C&D fee will be less than 0.50%; if the price you pay is less than $10.00 per unit, the C&D fee will exceed 0.50%.Estimated organization costs will be deducted from the assets of the trust at the earlier of six months after the initial date of deposit or the end of the initial offering period.Estimated organization costs and trust operating expenses are assessed on a fixed dollar amount per unit basis which, as a percentage of average net assets, will vary over time.Actual expenses may be more or less than the estimates.Please see "Fee Table" in the trust prospectus for additional information.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 October 20, 2026
$0.04500 November 20, 2026
$0.04500 December 18, 2026

Risk Considerations

Unit investment trusts are designed to be held until trust termination. If redeemed early, additional fees, such as remaining deferred sales charges, will be assessed.

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.

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.

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

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.

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

Market Risk. Market risk is the risk that a particular security, or units of a trust in general may fall in value. Securities are subject to market fluctuations caused by such factors as general economic conditions, political events, regulatory or market developments, changes in interest rates, and perceived trends in securities prices. Units of a trust could decline in value or underperform other investments as a result. In addition, local, regional, or global events such as war, acts of terrorism, spread of infectious disease or other public health issues, recessions, natural disasters, or other events could have significant negative impact on a trust.

REITs Risk. Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

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 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, ©2026 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30345M268 (Cash)
30345M276 (Reinvest)
30345M284 (Cash-Fee)
30345M292 (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.
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