Select DSIP, 1st Qtr 2021  Ticker: FWJVEX
A unit investment trust of 25 stocks designed to provide income and growth potential through an investment strategy that capitalizes on the power of rising dividends.
Please note that there is no assurance the objective will be met.
Product Code: DS1Q21
Portfolio Status: Secondary
Initial Offer Date: 01/19/2021
Secondary Date: 04/14/2021
Portfolio Ending Date: 04/14/2022
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $10.6446
POP(*): $10.7903
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 06/17/2021 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 6/17/2021) Per Unit (as of 6/14/2021)
1.55% $0.16700
^ 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. Due to the negative economic impact across many industries caused by the COVID-19 outbreak, certain issuers of the securities included in the trust may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "Historical 12-Month Distribution Rate of Trust Holdings," which is based on the trailing twelve-month distributions paid by the securities included in a trust, will likely be higher, and in some cases significantly higher, than the actual distribution rate achieved by the trust. 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 4.31%
Consumer Discretionary  Consumer Discretionary 11.53%
Consumer Staples  Consumer Staples 11.13%
Energy  Energy 4.64%
Financials  Financials 11.14%
Health Care  Health Care 11.89%
Industrials  Industrials 12.43%
Information Technology  Information Technology 17.17%
Materials  Materials 3.84%
Real Estate  Real Estate 4.49%
Utilities  Utilities 7.37%
Other  Other 0.06%
  Large Mid Small  
Growth  36.84% 7.08% 0.00%  
Value  51.93% 4.09% 0.00%  

 Style Weighting
Large-Cap Growth 36.84%
Large-Cap Value 51.93%
Mid-Cap Growth 7.08%
Mid-Cap Value 4.09%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.06%
U.S. Stocks 92.03%   Other 0.06%
Non-U.S. Stocks 7.91%      
The style and sector characteristics of the portfolio are determined as of 06/16/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $210,588.02
Price/Earnings 29.06
Price/Book 4.08
As of 6/16/2021
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Phillips 66 PSX Energy  Energy Large-Cap Value 4.64%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 4.49%
 American Tower Corporation AMT Real Estate  Real Estate Large-Cap Growth 4.49%
 Automatic Data Processing, Inc. ADP Information Technology  Information Technology Large-Cap Growth 4.47%
 L3Harris Technologies Inc. LHX Industrials  Industrials Large-Cap Value 4.39%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Value 4.35%
 Comcast Corporation (Class A) CMCSA Communication Services  Communication Services Large-Cap Value 4.31%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Value 4.15%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 4.11%
 Illinois Tool Works Inc. ITW Industrials  Industrials Large-Cap Growth 4.10%
 Atmos Energy Corporation ATO Utilities  Utilities Mid-Cap Value 4.09%
 Mondelez International, Inc. MDLZ Consumer Staples  Consumer Staples Large-Cap Value 4.05%
 Starbucks Corporation SBUX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 4.01%
 Chubb Limited CB Financials  Financials Large-Cap Value 3.99%
 T. Rowe Price Group, Inc. TROW Financials  Financials Large-Cap Value 3.98%
 Honeywell International Inc. HON Industrials  Industrials Large-Cap Growth 3.94%
 Medtronic Plc MDT Health Care  Health Care Large-Cap Value 3.92%
 Analog Devices, Inc. ADI Information Technology  Information Technology Large-Cap Value 3.86%
 Air Products and Chemicals, Inc. APD Materials  Materials Large-Cap Value 3.84%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 3.82%
 Church & Dwight Co., Inc. CHD Consumer Staples  Consumer Staples Mid-Cap Growth 3.62%
 McCormick & Company, Incorporated MKC Consumer Staples  Consumer Staples Mid-Cap Growth 3.46%
 NIKE, Inc. (Class B) NKE Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.41%
 NextEra Energy, Inc. NEE Utilities  Utilities Large-Cap Value 3.28%
 Intercontinental Exchange, Inc. ICE Financials  Financials Large-Cap Value 3.17%
Total Number of Holdings:    25
Underlying Securities information represented above is as of 06/16/2021 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.

COVID-19 Economic Impact Risk. The COVID-19 global pandemic has resulted in major disruptions to economies and markets around the world. Financial markets have experienced extreme volatility and severe losses, negatively impacting global economic growth prospects. The duration of the COVID-19 outbreak and its effects cannot be determined with certainty and may exacerbate other political, social and economic risks.

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

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. 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.

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.

Wells Fargo Disclosure. While Wells Fargo Advisors has carefully evaluated and approved the securities in this portfolio, it may choose for any reason not to recommend any or all of the securities for another purpose or at a later date. This may affect the value of your units.

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.