Diversified Equity Strategic Allocation, 2nd Qtr 2025  Ticker: FNHSQX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing in a portfolio of common stocks diversified across various market capitalizations, growth and value styles, sectors and countries. The stocks are selected by applying a disciplined investment strategy which adheres to pre-determined screens and factors.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: DE2Q25
Portfolio Status: Primary
Initial Offer Date: 04/09/2025
Portfolio Ending Date: 07/15/2026
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.6204
POP(*): $10.7697
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 06/06/2025 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 6/6/2025) Per Unit (as of 6/6/2025)
1.73% $0.18620
^ 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 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 6.17%
Consumer Discretionary  Consumer Discretionary 14.17%
Consumer Staples  Consumer Staples 11.22%
Energy  Energy 9.57%
Financials  Financials 14.70%
Health Care  Health Care 12.34%
Industrials  Industrials 14.65%
Information Technology  Information Technology 5.59%
Materials  Materials 4.87%
Real Estate  Real Estate 0.92%
Utilities  Utilities 5.47%
Other  Other 0.33%
 
  Large Mid Small  
Growth  29.26% 11.91% 5.84%  
Value  37.80% 9.64% 5.22%  

 Style Weighting
Large-Cap Growth 29.26%
Large-Cap Value 37.80%
Mid-Cap Growth 11.91%
Mid-Cap Value 9.64%
Small-Cap Growth 5.84%
Small-Cap Value 5.22%
Undetermined 0.33%
 Composition
U.S. Stocks 78.85%   Other 0.33%
Non-U.S. Stocks 20.82%      
The style and sector characteristics of the portfolio are determined as of 06/06/2025 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $134,012
Price/Earnings 15.67
Price/Book 2.38
As of 6/6/2025
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Amphenol Corporation APH Information Technology  Information Technology Large-Cap Growth 1.13%
 Veeva Systems Inc. (Class A) VEEV Health Care  Health Care Large-Cap Growth 0.99%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Growth 0.95%
 Amazon.com, Inc. AMZN Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.92%
 Cardinal Health, Inc. CAH Health Care  Health Care Large-Cap Value 0.90%
 ResMed Inc. RMD Health Care  Health Care Large-Cap Growth 0.90%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 0.89%
 Live Nation Entertainment, Inc. LYV Communication Services  Communication Services Large-Cap Growth 0.89%
 Cognizant Technology Solutions Corporation CTSH Information Technology  Information Technology Large-Cap Value 0.88%
 Walmart Inc. WMT Consumer Staples  Consumer Staples Large-Cap Growth 0.87%
 Visa Inc. (Class A) V Financials  Financials Large-Cap Growth 0.87%
 Fortinet, Inc. FTNT Information Technology  Information Technology Large-Cap Growth 0.87%
 Alphabet Inc. (Class A) GOOGL Communication Services  Communication Services Large-Cap Growth 0.87%
 Rheinmetall AG (ADR) RNMBY Industrials  Industrials Large-Cap Growth 0.87%
 The Hartford Insurance Group, Inc. HIG Financials  Financials Large-Cap Value 0.86%
 Paychex, Inc. PAYX Industrials  Industrials Large-Cap Growth 0.86%
 Diamondback Energy, Inc. FANG Energy  Energy Large-Cap Value 0.86%
 Automatic Data Processing, Inc. ADP Industrials  Industrials Large-Cap Growth 0.85%
 Newmont Corporation NEM Materials  Materials Large-Cap Value 0.85%
 The Travelers Companies, Inc. TRV Financials  Financials Large-Cap Value 0.84%
 Ross Stores, Inc. ROST Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.83%
 Illinois Tool Works Inc. ITW Industrials  Industrials Large-Cap Growth 0.82%
 Costco Wholesale Corporation COST Consumer Staples  Consumer Staples Large-Cap Growth 0.82%
 The Williams Companies, Inc. WMB Energy  Energy Large-Cap Growth 0.82%
 Republic Services, Inc. RSG Industrials  Industrials Large-Cap Growth 0.82%
 Waste Management, Inc. WM Industrials  Industrials Large-Cap Growth 0.81%
 McKesson Corporation MCK Health Care  Health Care Large-Cap Value 0.81%
 EOG Resources, Inc. EOG Energy  Energy Large-Cap Value 0.80%
 Prosus N.V. (ADR) PROSY Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.80%
 Abbott Laboratories ABT Health Care  Health Care Large-Cap Growth 0.79%
 PACCAR Inc PCAR Industrials  Industrials Large-Cap Value 0.79%
 The Progressive Corporation PGR Financials  Financials Large-Cap Growth 0.79%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Value 0.79%
 AT&T Inc. T Communication Services  Communication Services Large-Cap Value 0.78%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Value 0.78%
 The TJX Companies, Inc. TJX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.78%
 CME Group Inc. CME Financials  Financials Large-Cap Value 0.78%
 VICI Properties Inc. VICI Real Estate  Real Estate Large-Cap Value 0.78%
 Comcast Corporation (Class A) CMCSA Communication Services  Communication Services Large-Cap Value 0.77%
 ConocoPhillips COP Energy  Energy Large-Cap Value 0.77%
 Marsh & McLennan Companies, Inc. MMC Financials  Financials Large-Cap Growth 0.77%
 Tractor Supply Company TSCO Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.77%
 Lennar Corporation LEN Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.77%
 Cencora Inc. COR Health Care  Health Care Large-Cap Growth 0.77%
 BAE Systems Plc (ADR) BAESY Industrials  Industrials Large-Cap Growth 0.77%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 0.76%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 0.76%
 Aflac Incorporated AFL Financials  Financials Large-Cap Value 0.76%
 D.R. Horton, Inc. DHI Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.76%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 0.75%
 Xcel Energy Inc. XEL Utilities  Utilities Large-Cap Value 0.75%
 The Hershey Company HSY Consumer Staples  Consumer Staples Large-Cap Growth 0.75%
 HSBC Holdings Plc (ADR) HSBC Financials  Financials Large-Cap Value 0.75%
 Mondelez International, Inc. MDLZ Consumer Staples  Consumer Staples Large-Cap Value 0.75%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 0.75%
 Tokio Marine Holdings, Inc. (ADR) TKOMY Financials  Financials Large-Cap Value 0.75%
 Ameren Corporation AEE Utilities  Utilities Mid-Cap Value 0.74%
 Banco Bilbao Vizcaya Argentaria, S.A. (ADR) BBVA Financials  Financials Large-Cap Value 0.74%
 Nintendo Co., Ltd. (ADR) NTDOY Communication Services  Communication Services Large-Cap Growth 0.74%
 The Kroger Co. KR Consumer Staples  Consumer Staples Large-Cap Growth 0.73%
 Duke Energy Corporation DUK Utilities  Utilities Large-Cap Value 0.73%
 DBS Group Holdings Ltd. (ADR) DBSDY Financials  Financials Large-Cap Value 0.73%
 Berkshire Hathaway Inc. (Class B) BRK/B Financials  Financials Large-Cap Value 0.72%
 Itochu Corp. (ADR) ITOCY Industrials  Industrials Large-Cap Value 0.72%
 Anheuser-Busch InBev S.A./N.V. (ADR) BUD Consumer Staples  Consumer Staples Large-Cap Value 0.71%
 Vinci S.A. (ADR) VCISY Industrials  Industrials Large-Cap Value 0.71%
 The Kraft Heinz Company KHC Consumer Staples  Consumer Staples Large-Cap Value 0.71%
 Consolidated Edison, Inc. ED Utilities  Utilities Large-Cap Value 0.70%
 Exelon Corporation EXC Utilities  Utilities Large-Cap Value 0.70%
 Chugai Pharmaceutical Co., Ltd. (ADR) CHGCY Health Care  Health Care Large-Cap Growth 0.70%
 Air Liquide S.A. (ADR) AIQUY Materials  Materials Large-Cap Value 0.69%
 L'Oreal S.A. (ADR) LRLCY Consumer Staples  Consumer Staples Large-Cap Growth 0.69%
 Fast Retailing Co., Ltd. (ADR) FRCOY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.69%
 Toyota Motor Corporation TM Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.68%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Growth 0.68%
 Iberdrola S.A. (ADR) IBDRY Utilities  Utilities Large-Cap Value 0.68%
 Industria de Diseno Textil, S.A. (ADR) IDEXY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.68%
 Elevance Health Inc. ELV Health Care  Health Care Large-Cap Value 0.67%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY Communication Services  Communication Services Large-Cap Value 0.66%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 0.66%
 Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR) MURGY Financials  Financials Large-Cap Value 0.66%
 Shell Plc (ADR) SHEL Energy  Energy Large-Cap Value 0.66%
 TotalEnergies SE (ADR) TTE Energy  Energy Large-Cap Value 0.65%
 Equinor ASA EQNR Energy  Energy Large-Cap Value 0.65%
 Linde Plc LIN Materials  Materials Large-Cap Growth 0.65%
 Centene Corporation CNC Health Care  Health Care Mid-Cap Value 0.64%
 PDD Holdings Inc. (ADR) PDD Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.63%
 Chubb Limited CB Financials  Financials Large-Cap Value 0.62%
 KDDI Corporation (ADR) KDDIY Communication Services  Communication Services Large-Cap Value 0.61%
 Sanofi (ADR) SNY Health Care  Health Care Large-Cap Value 0.59%
 Carpenter Technology Corporation CRS Materials  Materials Mid-Cap Growth 0.48%
 Chewy, Inc. (Class A) CHWY Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.45%
 Ulta Beauty, Inc. ULTA Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.42%
 Kyndryl Holdings, Inc. KD Information Technology  Information Technology Mid-Cap Growth 0.42%
 Paycom Software, Inc. PAYC Industrials  Industrials Mid-Cap Growth 0.41%
 Oshkosh Corporation OSK Industrials  Industrials Mid-Cap Value 0.40%
 EMCOR Group, Inc. EME Industrials  Industrials Mid-Cap Growth 0.40%
 Commvault Systems, Inc. CVLT Information Technology  Information Technology Mid-Cap Growth 0.40%
 SEI Investments Company SEIC Financials  Financials Mid-Cap Growth 0.38%
 Valmont Industries, Inc. VMI Industrials  Industrials Mid-Cap Growth 0.37%
 Encompass Health Corporation EHC Health Care  Health Care Mid-Cap Growth 0.37%
 Exelixis, Inc. EXEL Health Care  Health Care Mid-Cap Growth 0.37%
 Kirby Corporation KEX Industrials  Industrials Mid-Cap Value 0.37%
 NewMarket Corporation NEU Materials  Materials Mid-Cap Growth 0.37%
 The New York Times Company (Class A) NYT Communication Services  Communication Services Mid-Cap Growth 0.36%
 F5 Inc. FFIV Information Technology  Information Technology Mid-Cap Growth 0.36%
 Texas Roadhouse, Inc. TXRH Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.36%
 Allison Transmission Holdings, Inc. ALSN Industrials  Industrials Mid-Cap Growth 0.36%
 Toll Brothers, Inc. TOL Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.35%
 Devon Energy Corporation DVN Energy  Energy Mid-Cap Value 0.35%
 InterDigital, Inc. IDCC Information Technology  Information Technology Mid-Cap Growth 0.35%
 Reliance Inc. RS Materials  Materials Mid-Cap Value 0.35%
 Grand Canyon Education, Inc. LOPE Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.35%
 Cincinnati Financial Corporation CINF Financials  Financials Mid-Cap Value 0.34%
 AptarGroup, Inc. ATR Materials  Materials Mid-Cap Growth 0.34%
 MGIC Investment Corporation MTG Financials  Financials Mid-Cap Value 0.34%
 Unum Group UNM Financials  Financials Mid-Cap Value 0.34%
 United Therapeutics Corporation UTHR Health Care  Health Care Mid-Cap Value 0.34%
 Stride, Inc. LRN Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.34%
 Sprouts Farmers Market, Inc. SFM Consumer Staples  Consumer Staples Mid-Cap Growth 0.34%
 Fox Corporation (Class A) FOXA Communication Services  Communication Services Mid-Cap Value 0.34%
 Chord Energy Corporation CHRD Energy  Energy Mid-Cap Value 0.34%
 Archer-Daniels-Midland Company ADM Consumer Staples  Consumer Staples Mid-Cap Value 0.33%
 NOV Inc. NOV Energy  Energy Small-Cap Value 0.33%
 Globe Life Inc. GL Financials  Financials Mid-Cap Value 0.32%
 Casey's General Stores, Inc. CASY Consumer Staples  Consumer Staples Mid-Cap Growth 0.32%
 Expeditors International of Washington, Inc. EXPD Industrials  Industrials Mid-Cap Growth 0.32%
 PulteGroup, Inc. PHM Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.32%
 Loews Corporation L Financials  Financials Mid-Cap Value 0.32%
 Ingredion Incorporated INGR Consumer Staples  Consumer Staples Mid-Cap Value 0.32%
 FTI Consulting, Inc. FCN Industrials  Industrials Mid-Cap Value 0.32%
 Cal-Maine Foods, Inc. CALM Consumer Staples  Consumer Staples Small-Cap Growth 0.32%
 Enact Holdings, Inc. ACT Financials  Financials Mid-Cap Value 0.32%
 Snap-on Incorporated SNA Industrials  Industrials Mid-Cap Growth 0.31%
 Taylor Morrison Home Corporation TMHC Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.31%
 DocuSign, Inc. DOCU Information Technology  Information Technology Mid-Cap Growth 0.31%
 Atmos Energy Corporation ATO Utilities  Utilities Mid-Cap Value 0.30%
 Gentex Corporation GNTX Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.30%
 Coterra Energy Inc. CTRA Energy  Energy Mid-Cap Value 0.30%
 Mohawk Industries, Inc. MHK Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.30%
 Meritage Homes Corporation MTH Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.30%
 Lancaster Colony Corporation LANC Consumer Staples  Consumer Staples Small-Cap Growth 0.29%
 Portland General Electric Company POR Utilities  Utilities Small-Cap Value 0.29%
 CorVel Corporation CRVL Health Care  Health Care Mid-Cap Growth 0.29%
 Corcept Therapeutics Inc. CORT Health Care  Health Care Mid-Cap Growth 0.29%
 BJ's Wholesale Club Holdings, Inc. BJ Consumer Staples  Consumer Staples Mid-Cap Growth 0.29%
 Pilgrim's Pride Corporation PPC Consumer Staples  Consumer Staples Mid-Cap Growth 0.28%
 Molina Healthcare, Inc. MOH Health Care  Health Care Mid-Cap Growth 0.27%
 Zimmer Biomet Holdings, Inc. ZBH Health Care  Health Care Mid-Cap Value 0.26%
 Molson Coors Beverage Company TAP Consumer Staples  Consumer Staples Mid-Cap Value 0.26%
 IES Holdings, Inc. IESC Industrials  Industrials Mid-Cap Growth 0.25%
 Urban Outfitters, Inc. URBN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.24%
 ACADIA Pharmaceuticals Inc. ACAD Health Care  Health Care Small-Cap Growth 0.23%
 Federal Signal Corporation FSS Industrials  Industrials Mid-Cap Growth 0.21%
 Agios Pharmaceuticals, Inc. AGIO Health Care  Health Care Small-Cap Value 0.20%
 Adtalem Global Education Inc. ATGE Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.19%
 PriceSmart, Inc. PSMT Consumer Staples  Consumer Staples Small-Cap Growth 0.19%
 ESCO Technologies Inc. ESE Industrials  Industrials Small-Cap Growth 0.19%
 Palomar Holdings, Inc. PLMR Financials  Financials Small-Cap Growth 0.19%
 Sanmina Corporation SANM Information Technology  Information Technology Small-Cap Growth 0.18%
 Abercrombie & Fitch Co. (Class A) ANF Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.18%
 Avnet, Inc. AVT Information Technology  Information Technology Small-Cap Value 0.18%
 OSI Systems, Inc. OSIS Information Technology  Information Technology Small-Cap Growth 0.18%
 StoneX Group Inc. SNEX Financials  Financials Small-Cap Growth 0.18%
 United States Lime & Minerals, Inc. USLM Materials  Materials Small-Cap Growth 0.18%
 Catalyst Pharmaceuticals, Inc. CPRX Health Care  Health Care Small-Cap Growth 0.18%
 NMI Holdings, Inc. (Class A) NMIH Financials  Financials Small-Cap Value 0.18%
 Laureate Education, Inc. (Class A) LAUR Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.18%
 Bank OZK OZK Financials  Financials Mid-Cap Value 0.18%
 Liberty Energy Inc. (Class A) LBRT Energy  Energy Small-Cap Value 0.18%
 Concentrix Corporation CNXC Industrials  Industrials Small-Cap Value 0.18%
 Harley-Davidson, Inc. HOG Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.17%
 Murphy Oil Corporation MUR Energy  Energy Small-Cap Value 0.17%
 Gibraltar Industries, Inc. ROCK Industrials  Industrials Small-Cap Growth 0.17%
 International Bancshares Corporation IBOC Financials  Financials Small-Cap Value 0.17%
 National HealthCare Corporation NHC Health Care  Health Care Small-Cap Growth 0.17%
 McGrath RentCorp MGRC Industrials  Industrials Small-Cap Growth 0.17%
 Lear Corporation LEA Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.17%
 ADMA Biologics, Inc. ADMA Health Care  Health Care Small-Cap Growth 0.17%
 Peabody Energy Corporation BTU Energy  Energy Small-Cap Value 0.17%
 Intapp, Inc. INTA Information Technology  Information Technology Small-Cap Growth 0.17%
 Remitly Global, Inc. RELY Financials  Financials Small-Cap Growth 0.17%
 Graham Holdings Company GHC Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.16%
 1st Source Corporation SRCE Financials  Financials Small-Cap Value 0.16%
 Brady Corporation BRC Industrials  Industrials Small-Cap Growth 0.16%
 Radian Group Inc. RDN Financials  Financials Small-Cap Value 0.16%
 S&T Bancorp, Inc. STBA Financials  Financials Small-Cap Value 0.16%
 National Beverage Corp. FIZZ Consumer Staples  Consumer Staples Small-Cap Growth 0.16%
 Dorman Products, Inc. DORM Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.16%
 Green Brick Partners, Inc. GRBK Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.16%
 Warrior Met Coal, Inc. HCC Materials  Materials Small-Cap Value 0.16%
 Clear Secure, Inc. (Class A) YOU Information Technology  Information Technology Small-Cap Growth 0.16%
 Black Hills Corporation BKH Utilities  Utilities Small-Cap Value 0.15%
 Otter Tail Corporation OTTR Utilities  Utilities Small-Cap Growth 0.15%
 TEGNA Inc. TGNA Communication Services  Communication Services Small-Cap Value 0.15%
 KB Home KBH Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.15%
 M/I Homes, Inc. MHO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.15%
 Rush Enterprises, Inc. (Class A) RUSHA Industrials  Industrials Small-Cap Growth 0.15%
 The Western Union Company WU Financials  Financials Small-Cap Growth 0.15%
 Tri Pointe Homes, Inc. TPH Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.15%
 DNOW Inc. DNOW Industrials  Industrials Small-Cap Value 0.15%
 Flowers Foods, Inc. FLO Consumer Staples  Consumer Staples Small-Cap Growth 0.14%
 Rayonier Inc. RYN Real Estate  Real Estate Small-Cap Growth 0.14%
 Weis Markets, Inc. WMK Consumer Staples  Consumer Staples Small-Cap Value 0.14%
 NorthWestern Energy Group, Inc. NWE Utilities  Utilities Small-Cap Value 0.14%
 The Andersons, Inc. ANDE Consumer Staples  Consumer Staples Small-Cap Value 0.14%
 Avista Corporation AVA Utilities  Utilities Small-Cap Value 0.14%
 Alpha Metallurgical Resources, Inc. AMR Materials  Materials Small-Cap Value 0.14%
 Helmerich & Payne, Inc. HP Energy  Energy Small-Cap Value 0.13%
 J & J Snack Foods Corp. JJSF Consumer Staples  Consumer Staples Small-Cap Growth 0.13%
 
Total Number of Holdings:    210
Underlying Securities information represented above is as of 06/06/2025 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.14%
  Deferred:  1.25%
C&D Fee:    0.46%
Maximum Sales Charge:   1.85%
CUSIP Type Distribution
30340M149 Cash Semi-Annual
30340M156 Reinvest Semi-Annual
* Based on the offer price as of 06/06/2025 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.47%
Maximum Sales Charge:   0.47%
CUSIP Type Distribution
30340M164 Cash-Fee Semi-Annual
30340M172 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 06/06/2025 4:00pm ET
In addition to the sales charges listed, UITs for both brokerage and advisory accounts are subject to annual operating expenses and organization costs. See the prospectus for additional information.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 July 18, 2025
$0.04500 August 20, 2025
$0.04500 September 19, 2025

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.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

Buy & Hold Risk – Taxable Trusts. 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.

Consumer Products Risk. The companies engaged in the consumer products sector are subject to global competition, changing government regulations and trade policies, currency fluctuations, and the financial and political risks inherent in producing products for foreign markets.

Foreign Securities Risk. 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.

Market Disruption Risk. 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.

Public Health Crisis Risk. A public health crisis, and the ensuing policies enacted by governments and central banks in response, could cause significant volatility and uncertainty in global financial markets, negatively impacting global growth prospects.

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.

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.

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.

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