Target Double Play Portfolio, 2nd Quarter 2019 Series
Ticker Symbol: FLMHNX
Target Dbl. Play 2Q '19 - Term 7/9/20 (Target Double Play Portfolio) is a
unit investment trust which consists of an approximately equal weighting between
two strategies - The Dow® Target Dividend Strategy and the Value
Line® Target 25 Strategy. It invests in a fixed portfolio of
stocks which are selected by applying pre-determined screens and factors and
holds the stocks for approximately 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.
|45 Holdings (As of Day of Deposit)
|The Dow® Target Dividend Strategy Stocks
||General Motors Company
||New York Community Bancorp, Inc.
||Occidental Petroleum Corporation
||People’s United Financial, Inc.
||Prudential Financial, Inc.
||United Bankshares, Inc.
||Valley National Bancorp
||Western Digital Corporation
|Value Line® Target 25 Strategy Stocks
||American Tower Corporation
||Black Hills Corporation
||Booz Allen Hamilton Holding Corporation
||Cable One, Inc.
||Cadence Design Systems, Inc.
||California Water Service Group
||Dollar General Corporation
||Eli Lilly and Company
||EPAM Systems, Inc.
||Fair Isaac Corporation
||Gildan Activewear Inc.
||HCA Healthcare, Inc.
||Inter Parfums, Inc.
||Merck & Co., Inc.
||The Procter & Gamble Company
||Shenandoah Telecommunications Company
||Waste Management, Inc.
*As of the close of business on 4/8/19. Market values are for reference only and are not indicative of your
individual cost basis. Holdings were selected by applying each strategy as described in the prospectus.
|Not FDIC Insured Not Bank Guaranteed May Lose Value
|Initial Offering Date
|Initial Public Offering Price
||$10.00 per Unit
|Portfolio Ending Date
|Historical 12-Month Distribution Rate of Trust Holdings:*
|Fee Accounts Cash CUSIP
|Fee Accounts Reinvestment CUSIP
*There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions
in the future. The historical distribution rate of the securities included in the trust is for illustrative purposes
only and is not indicative of the trust’s distribution rate. The historical distribution rate is calculated by
dividing the weighted average of the trailing twelve month distributions paid by the securities included in
the portfolio by the trust’s offering price and is 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 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.
|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.
An investment in a portfolio containing equity
securities of foreign issuers is subject to
additional risks, including currency
fluctuations, political risks, withholding, the
lack of adequate financial information, and
exchange control restrictions impacting
One of the securities held by the trust is issued
by a REIT. Companies involved in the real
estate industry are subject to changes in the
real estate market, vacancy rates and
competition, volatile interest rates and
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.
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 cyber security.
The “Dow Jones Industrial Average” 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”); DJIA®, The Dow®, Dow Jones®, and Dow Jones Industrial Average 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 Target Double Play, based on a strategy based on the Dow Jones Industrial Average, 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.
"Value Line," "The Value Line Investment Survey," and "Timeliness" are trademarks or
registered trademarks of Value Line, Inc. ("Value Line") and have been licensed for use for certain purposes by First Trust Portfolios L.P.
and First Trust Advisors L.P. The Target Double Play Portfolio is not sponsored, endorsed,
recommended, sold or promoted by Value Line and Value Line makes no representation
regarding the advisability of investing in products utilizing such strategy. First Trust
Portfolios L.P. and First Trust Advisors L.P. are not affiliated with any Value Line company.