Target Dividend Double Play Portfolio, 2nd Quarter 2024
Ticker Symbol: FVKRSX
Holdings (As of Day of Deposit) |
Ticker |
Company Name |
Initial
Weight |
Price* |
Target High Quality Dividend Strategy Stocks |
APA |
APA Corporation |
1.67% |
$35.04 |
ADM |
Archer-Daniels-Midland Company |
1.67% |
63.18 |
ATO |
Atmos Energy Corporation |
1.65% |
116.33 |
CHRW |
C.H. Robinson Worldwide, Inc. |
1.67% |
72.06 |
CNQ |
Canadian Natural Resources Limited |
1.67% |
80.82 |
CVX |
Chevron Corporation |
1.67% |
161.27 |
CMCSA |
Comcast Corporation |
1.66% |
40.71 |
CPG |
Crescent Point Energy Corp. |
1.67% |
8.80 |
CVS |
CVS Health Corporation |
1.68% |
74.44 |
EMN |
Eastman Chemical Company |
1.69% |
100.53 |
XOM |
Exxon Mobil Corporation |
1.63% |
120.55 |
FITB |
Fifth Third Bancorp |
1.66% |
36.17 |
F |
Ford Motor Company |
1.67% |
13.41 |
BEN |
Franklin Resources, Inc. |
1.67% |
27.26 |
HSY |
The Hershey Company |
1.63% |
194.19 |
HPQ |
HP Inc. |
1.66% |
29.31 |
JXN |
Jackson Financial Inc. |
1.67% |
66.26 |
KEY |
KeyCorp |
1.67% |
15.45 |
LMT |
Lockheed Martin Corporation |
1.75% |
452.38 |
M |
Macy’s, Inc. |
1.67% |
19.55 |
MGA |
Magna International Inc. |
1.66% |
52.52 |
NTR |
Nutrien Ltd. |
1.66% |
55.73 |
PNC |
The PNC Financial Services Group, Inc. |
1.66% |
160.96 |
RF |
Regions Financial Corporation |
1.67% |
20.40 |
RHI |
Robert Half Inc. |
1.66% |
75.59 |
SLF |
Sun Life Financial Inc. |
1.65% |
53.33 |
SU |
Suncor Energy Inc. |
1.67% |
38.70 |
SNV |
Synovus Financial Corp. |
1.66% |
39.03 |
TPR |
Tapestry, Inc. |
1.67% |
43.14 |
USB |
U.S. Bancorp |
1.66% |
43.72 |
S&P Dividend Aristocrats Target 25 Strategy Stocks |
AOS |
A.O. Smith Corporation |
2.02% |
86.97 |
AFL |
Aflac Incorporated |
1.98% |
85.14 |
ALB |
Albemarle Corporation |
2.04% |
131.69 |
ADM |
Archer-Daniels-Midland Company |
2.00% |
63.18 |
CAT |
Caterpillar Inc. |
1.93% |
373.47 |
CVX |
Chevron Corporation |
1.98% |
161.27 |
CB |
Chubb Limited |
1.96% |
253.16 |
CINF |
Cincinnati Financial Corporation |
1.97% |
121.90 |
DOV |
Dover Corporation |
2.05% |
176.08 |
EXPD |
Expeditors International of Washington, Inc. |
1.99% |
118.29 |
XOM |
Exxon Mobil Corporation |
2.02% |
120.55 |
FAST |
Fastenal Company |
2.01% |
75.89 |
BEN |
Franklin Resources, Inc. |
2.01% |
27.26 |
GPC |
Genuine Parts Company |
2.04% |
150.41 |
HRL |
Hormel Foods Corporation |
1.99% |
35.11 |
LIN |
Linde Plc |
2.09% |
461.67 |
LOW |
Lowe’s Companies, Inc. |
2.04% |
242.59 |
NUE |
Nucor Corporation |
1.94% |
200.88 |
PNR |
Pentair Plc |
1.99% |
83.31 |
PG |
The Procter & Gamble Company |
2.01% |
156.04 |
TROW |
T. Rowe Price Group, Inc. |
1.97% |
117.55 |
TGT |
Target Corporation |
1.97% |
169.70 |
GWW |
W.W. Grainger, Inc. |
1.96% |
1,014.72 |
WMT |
Walmart Inc. |
2.01% |
59.78 |
WST |
West Pharmaceutical Services, Inc. |
2.03% |
392.58 |
*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* |
2.45% |
Historical 12-Month Distribution Per Unit* |
$0.2446 |
Cash CUSIP |
30335B264 |
Reinvestment CUSIP |
30335B272 |
Fee Accounts Cash CUSIP |
30335B280 |
Fee Accounts Reinvestment CUSIP |
30335B298 |
*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 (based on a $10 public offering
price) |
Standard Accounts |
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.
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 mid-cap companies is subject to additional risks, as the share prices of 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.
Large capitalization companies may grow at a slower rate than the overall market.
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 500 Dividend Aristocrats Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has 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 Target Dividend Double Play Portfolio, which contains the S&P Dividend Aristocrats Target 25 Strategy, 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 500
Dividend Aristocrats Index.