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S&P Target SMid 60 Portfolio, 2nd Quarter 2024 Series
Ticker Symbol: FNGFEX

60 Holdings (As of Day of Deposit)
Ticker Company Name Initial
Weight
Price*
ADNT Adient Plc 2.22% $31.11
AL Air Lease Corporation 1.12% 50.40
ALGT Allegiant Travel Company 1.11% 65.80
ALE ALLETE, Inc. 2.22% 60.46
ALLY Ally Financial Inc. 2.23% 38.57
ARW Arrow Electronics, Inc. 2.22% 127.51
AGO Assured Guaranty Ltd. 1.10% 83.46
AVA Avista Corporation 1.11% 35.44
BKH Black Hills Corporation 2.23% 54.50
BFH Bread Financial Holdings Inc. 1.12% 36.47
CABO Cable One, Inc. 2.17% 400.91
CHK Chesapeake Energy Corporation 2.22% 90.19
CIVI Civitas Resources, Inc. 2.23% 75.72
CLW Clearwater Paper Corporation 1.12% 41.41
CNX CNX Resources Corporation 2.22% 24.12
CUBI Customers Bancorp, Inc. 1.11% 52.94
DTM DT Midstream, Inc. 2.21% 62.38
EIG Employers Holdings, Inc. 1.10% 43.74
EZPW EZCORP, Inc. 1.11% 10.83
FNB F.N.B. Corporation 2.22% 13.69
FFBC First Financial Bancorp. 1.11% 21.90
FHN First Horizon Corporation 2.22% 15.15
FBRT Franklin BSP Realty Trust, Inc. 1.11% 12.73
GIII G-III Apparel Group, Ltd. 1.11% 28.32
GHC Graham Holdings Company 2.27% 756.85
DINO HF Sinclair Corp. 2.21% 62.42
HIW Highwoods Properties, Inc. 1.11% 25.30
IBOC International Bancshares Corporation 2.22% 55.93
JXN Jackson Financial Inc. 1.11% 66.26
JHG Janus Henderson Group Plc 2.22% 32.93
JBLU JetBlue Airways Corporation 1.11% 7.03
KELYA Kelly Services, Inc. 1.11% 24.58
KSS Kohl’s Corporation 1.11% 24.98
MCS The Marcus Corporation 1.11% 13.69
MUR Murphy Oil Corporation 2.23% 48.18
NBHC National Bank Holdings Corporation 1.11% 34.85
NWN Northwest Natural Holding Company 1.10% 36.78
NWE NorthWestern Corporation 2.23% 50.25
NOV NOV Inc. 2.22% 20.38
ONB Old National Bancorp 2.22% 16.81
OGS ONE Gas, Inc. 2.22% 63.83
OVV Ovintiv Inc. 2.23% 55.35
PTEN Patterson-UTI Energy, Inc. 1.11% 12.12
PBF PBF Energy Inc. 2.21% 60.30
PMT PennyMac Mortgage Investment Trust 1.11% 14.54
PUMP ProPetro Holding Corp. 1.11% 8.36
RC Ready Capital Corporation 1.11% 8.71
RGA Reinsurance Group of America, Incorporated 2.23% 194.93
RNR RenaissanceRe Holdings Ltd. 2.28% 223.01
SPNT SiriusPoint Ltd. 1.11% 12.77
INN Summit Hotel Properties, Inc. 1.11% 6.57
SNX TD SYNNEX Corporation 2.25% 116.92
TRMK Trustmark Corporation 1.12% 27.33
UAA Under Armour, Inc. 2.22% 6.80
UNM Unum Group 2.21% 53.27
VTLE Vital Energy Inc. 1.11% 55.95
VNO Vornado Realty Trust 2.22% 28.84
WTFC Wintrust Financial Corporation 2.19% 101.44
WSFS WSFS Financial Corporation 1.11% 44.04
XRX Xerox Holdings Corporation 1.11% 17.23

*As of the close of business on 4/8/24. 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

Portfolio Summary
Initial Offering Date 4/10/2024
Initial Public Offering Price $10.00 per Unit
Portfolio Ending Date 7/9/2025
Historical 12-Month Distribution Rate of Trust Holdings:* 2.60%
Historical 12-Month Distribution Per Unit:* $0.2595
Cash CUSIP 30334Y547
Reinvestment CUSIP 30334Y554
Fee Account Cash CUSIP 30334Y562
Fee Account Reinvestment CUSIP 30334Y570

*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 12-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 12 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.


Sales Charges & Expenses (based on a $10 public offering price)
Standard Accounts Sales Charges
Transactional Sales Charges Initial: 0.00%
  Deferred: 1.35%
Creation & Development Fee (C&D Fee)   0.50%
Maximum Sales Charge   1.85%
Fee/Wrap Accounts
Maximum Sales Charge   0.50%

The deferred sales charge will be deducted in three monthly installments commencing 7/19/24. 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. The maximum sales charge for investors in fee accounts consists of the C&D 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 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%. In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.

You should consider the portfolio's investment objectives, risks, and charges and expenses carefully 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 portfolio. Read it carefully before you invest.

Risk Considerations

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.

You should be aware that the portfolio is concentrated in stocks in the financials sector 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.

Certain of the securities in the portfolio are issued by Real Estate Investment Trusts (REITs). 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.

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.

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.

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.

Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, the Middle East and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance.

The ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed, there is no guarantee that vaccines will be effective against future variants of the disease.

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.

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.

The S&P MidCap 400 and the S&P SmallCap 600 Indices are products of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and have been licensed for use by First Trust Portfolios L.P. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark 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 Portfolios L.P. The S&P Target SMid 60 Portfolio 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 product nor do they have any liability for any errors, omissions, or interruptions of the S&P MidCap 400 and the S&P SmallCap 600 Indices.

 

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, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30334Y547 (Cash)
30334Y554 (Reinvest)
30334Y562 (Cash-Fee)
30334Y570 (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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