The Dow® Target Dividend Portfolio, 1st Quarter 2018 Series
Ticker Symbol: FTQLMX
||American Electric Power Company, Inc.
||Black Hills Corporation
||Eaton Corporation Plc
||New York Community Bancorp, Inc.
||Occidental Petroleum Corporation
||OGE Energy Corp.
||People’s United Financial, Inc.
||United Bankshares, Inc.
||Valley National Bancorp
* As of the close of business on 1/8/18.
Market values are for reference only and are not indicative of your individual cost basis. Market values are for reference only and are not indicative of your individual cost basis. Holdings were selected by applying the strategy two business days prior to the Initial Offering Date.
|Not FDIC Insured Not Bank Guaranteed May Lose Value
|Initial Offering Date
|Initial Public Offering Price
||$10.00 per Unit
|Portfolio Ending Date
|Estimated Net Annual Distribution per Unit*
|Fee Account Cash CUSIP
|Fee Account Reinvestment CUSIP
*The estimate is based on annualizing the most recent dividends declared by the issuers of the securities included in the portfolio. There is no guarantee that the issuers of the securities included in the portfolio will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.
|Sales Charges (based on a $10 public offering
|Transactional Sales Charges:
|Creation & Development Fee:
|Maximum Sales Charge:
The deferred sales charge will be deducted in three monthly installments commencing
When the public offering price is less than or equal to $10.00 per unit, there will be no initial sales charge. If
the price exceeds $10.00 per unit, you will pay an initial sales charge.
|Maximum Sales Charge:
The maximum sales charge for investors in fee accounts consists of the creation and development fee.
Investors in fee accounts are not assessed any transactional sales charges. Standard accounts sales charges
apply to units purchased as an ineligible asset.
The creation and development fee is a charge of $.050 per unit collected at the end of the initial offering
period. If the price you pay exceeds $10 per unit, the creation and development fee will be less than 0.50%;
if the price you pay is less than $10 per unit, the creation and development fee will exceed 0.50%.
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.
You should consider the portfolio's investment objective, risks, and
charges and expenses carefully before investing. Contact your financial advisor
or call First Trust Portfolios, L.P. at 1.800.621.1675 to request a prospectus,
which contains this and other information about the portfolio. Read it carefully
before you invest.
An investment in this unmanaged unit investment trust should be made with an
understanding of the risks involved with owning common stocks, 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.
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.
You should be aware that the portfolio is concentrated in stocks in both the financials and utilities
sectors which involves additional risks, including limited diversification. The companies engaged
in the financials sector are subject to the adverse effects of volatile interest rates, economic
recession, decreases in the availability of capital, increased competition from new entrants in the
field and potential increased regulation. 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.
One of the securities held by the trust is
issued by a foreign entity. An investment in a
portfolio containing an equity security of a
foreign issuer is subject to additional risks,
including currency fluctuations, political risks,
withholding, the lack of adequate financial
information, and exchange control
restrictions impacting foreign issuers.
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 Dow Jones U.S. Select Dividend IndexSM is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by First Trust Advisors L.P. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); The Dow Jones U.S. Select Dividend IndexSM and Dow Jones® are trademarks of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust Advisors L.P. The Dow® Target Dividend Portfolio, based on the Dow Jones U.S. Select Dividend IndexSM, is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products.