Market Strength Allocation Opportunity, 3  Ticker: FLRGNX
 
Description
A unit investment trust that seeks to provide above average capital appreciation by investing in a diversified portfolio of common stocks of companies that exhibit financial strength from five distinct segments of the market.
 
Summary
Product Code: MSAO3
Portfolio Status: Secondary
Initial Offer Date: 12/27/2017
Secondary Date: 03/26/2018
Portfolio Ending Date: 03/27/2019
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Historical 12-Month Distribution Rate of Trust Holdings:^ 1.62%
Initial Offer Price: $10.0000
NAV(*): $8.5313
POP(*): $8.6480
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 12/14/2018 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.
^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 the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio and is reduced to account for the effects of fees and expenses which will be incurred when investing in a trust. 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 4.77%
Consumer Discretionary  Consumer Discretionary 17.87%
Consumer Staples  Consumer Staples 9.71%
Energy  Energy 0.64%
Financials  Financials 10.38%
Health Care  Health Care 14.37%
Industrials  Industrials 16.66%
Information Technology  Information Technology 20.42%
Materials  Materials 5.14%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.04%
 
  Large Mid Small  
Growth  46.68% 14.96% 2.17%  
Value  20.17% 12.37% 3.61%  

 Style Weighting
Large-Cap Growth 46.68%
Large-Cap Value 20.17%
Mid-Cap Growth 14.96%
Mid-Cap Value 12.37%
Small-Cap Growth 2.17%
Small-Cap Value 3.61%
Undetermined 0.04%
 Composition
U.S. Stocks 69.19%   Other 0.04%
Non-U.S. Stocks 30.77%      
The style and sector characteristics of the portfolio are determined as of 12/14/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $90,138.45
Weighted Average Price/Earnings 15.50
Weighted Average Price/Book 3.66
As of 12/14/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 ABIOMED, Inc. ABMD Health Care  Health Care Mid-Cap Growth 1.89%
 Five Below, Inc. FIVE Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.66%
 Adobe Incorporated ADBE Information Technology  Information Technology Large-Cap Growth 1.52%
 Eli Lilly and Company LLY Health Care  Health Care Large-Cap Growth 1.48%
 Mastercard Incorporated MA Information Technology  Information Technology Large-Cap Growth 1.43%
 Masimo Corporation MASI Health Care  Health Care Mid-Cap Growth 1.42%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Growth 1.41%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 1.41%
 MSCI Inc. MSCI Financials  Financials Mid-Cap Growth 1.40%
 Aon Plc AON Financials  Financials Large-Cap Growth 1.33%
 Amgen Inc. AMGN Health Care  Health Care Large-Cap Growth 1.27%
 Costco Wholesale Corporation COST Consumer Staples  Consumer Staples Large-Cap Growth 1.24%
 Copart, Inc. CPRT Industrials  Industrials Mid-Cap Growth 1.24%
 Union Pacific Corporation UNP Industrials  Industrials Large-Cap Growth 1.23%
 Check Point Software Technologies Ltd. CHKP Information Technology  Information Technology Large-Cap Growth 1.21%
 Ingersoll-Rand Plc IR Industrials  Industrials Large-Cap Value 1.21%
 Booking Holdings Inc. BKNG Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.20%
 The Walt Disney Company DIS Communication Services  Communication Services Large-Cap Value 1.19%
 Wal-Mart de Mexico, S.A.B. de C.V. (ADR) WMMVY Consumer Staples  Consumer Staples Large-Cap Growth 1.17%
 V.F. Corporation VFC Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.15%
 Roche Holding AG (ADR) RHHBY Health Care  Health Care Large-Cap Growth 1.14%
 Gildan Activewear Inc. GIL Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.14%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 1.14%
 Diageo Plc (ADR) DEO Consumer Staples  Consumer Staples Large-Cap Growth 1.13%
 HDFC Bank Ltd. (ADR) HDB Financials  Financials Large-Cap Growth 1.13%
 Corning Incorporated GLW Information Technology  Information Technology Large-Cap Value 1.11%
 Unilever Plc (ADR) UL Consumer Staples  Consumer Staples Large-Cap Growth 1.11%
 Gentex Corporation GNTX Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.11%
 S&P Global Inc. SPGI Financials  Financials Large-Cap Growth 1.11%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Growth 1.10%
 Ross Stores, Inc. ROST Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.10%
 Cigna Corporation CI Health Care  Health Care Large-Cap Value 1.09%
 LVMH Moet Hennessy Louis Vuitton SE (ADR) LVMUY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.09%
 Axos Financial Inc. AX Financials  Financials Small-Cap Value 1.09%
 Cognizant Technology Solutions Corporation CTSH Information Technology  Information Technology Large-Cap Value 1.08%
 Canadian National Railway Company CNI Industrials  Industrials Large-Cap Growth 1.08%
 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) TSM Information Technology  Information Technology Large-Cap Value 1.07%
 Delta Air Lines, Inc. DAL Industrials  Industrials Large-Cap Value 1.07%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 1.06%
 PepsiCo, Inc. PEP Consumer Staples  Consumer Staples Large-Cap Growth 1.06%
 Walmart, Inc. WMT Consumer Staples  Consumer Staples Large-Cap Value 1.04%
 Biogen Inc. BIIB Health Care  Health Care Large-Cap Growth 1.04%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.03%
 United Technologies Corporation UTX Industrials  Industrials Large-Cap Value 1.03%
 Raytheon Company RTN Industrials  Industrials Large-Cap Growth 1.02%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 1.02%
 Hasbro, Inc. HAS Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.01%
 Honeywell International Inc. HON Industrials  Industrials Large-Cap Growth 1.00%
 Texas Instruments Incorporated TXN Information Technology  Information Technology Large-Cap Growth 1.00%
 Royal Caribbean Cruises Ltd. RCL Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.00%
 Novo Nordisk A/S (ADR) NVO Health Care  Health Care Large-Cap Growth 0.99%
 Alibaba Group Holding Limited (ADR) BABA Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.99%
 Snap-on Incorporated SNA Industrials  Industrials Mid-Cap Value 0.98%
 T. Rowe Price Group, Inc. TROW Financials  Financials Large-Cap Value 0.98%
 Royal Bank of Canada RY Financials  Financials Large-Cap Value 0.98%
 Brunswick Corporation BC Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.96%
 Facebook, Inc. (Class A) FB Communication Services  Communication Services Large-Cap Growth 0.96%
 KLA-Tencor Corporation KLAC Information Technology  Information Technology Mid-Cap Growth 0.95%
 Siemens AG (ADR) SIEGY Industrials  Industrials Large-Cap Value 0.94%
 AmerisourceBergen Corporation ABC Health Care  Health Care Large-Cap Growth 0.94%
 PT Telekomunikasi Indonesia (ADR) TLK Communication Services  Communication Services Large-Cap Growth 0.93%
 Evercore Inc. EVR Financials  Financials Small-Cap Growth 0.93%
 Best Buy Co., Inc. BBY Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.92%
 Magna International Inc. (Class A) MGA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.90%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Growth 0.90%
 Teradyne, Inc. TER Information Technology  Information Technology Mid-Cap Growth 0.89%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Value 0.89%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Growth 0.88%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 0.88%
 Southwest Airlines Co. LUV Industrials  Industrials Large-Cap Value 0.87%
 Packaging Corporation of America PKG Materials  Materials Mid-Cap Growth 0.87%
 Tencent Holdings Limited (ADR) TCEHY Communication Services  Communication Services Large-Cap Growth 0.87%
 Eastman Chemical Company EMN Materials  Materials Mid-Cap Value 0.86%
 JetBlue Airways Corporation JBLU Industrials  Industrials Mid-Cap Value 0.85%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Growth 0.84%
 Steel Dynamics, Inc. STLD Materials  Materials Mid-Cap Value 0.83%
 BAE Systems Plc (ADR) BAESY Industrials  Industrials Large-Cap Value 0.83%
 Skyworks Solutions, Inc. SWKS Information Technology  Information Technology Mid-Cap Value 0.82%
 Ryanair Holdings Plc (ADR) RYAAY Industrials  Industrials Mid-Cap Value 0.82%
 Carter's, Inc. CRI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.82%
 NetEase, Inc. (ADR) NTES Communication Services  Communication Services Large-Cap Growth 0.82%
 Lam Research Corporation LRCX Information Technology  Information Technology Large-Cap Growth 0.81%
 Cirrus Logic, Inc. CRUS Information Technology  Information Technology Small-Cap Growth 0.79%
 Sanderson Farms, Inc. SAFM Consumer Staples  Consumer Staples Small-Cap Value 0.79%
 MKS Instruments, Inc. MKSI Information Technology  Information Technology Mid-Cap Value 0.78%
 Ingredion Incorporated INGR Consumer Staples  Consumer Staples Mid-Cap Value 0.76%
 Whirlpool Corporation WHR Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.75%
 Ameriprise Financial, Inc. AMP Financials  Financials Mid-Cap Value 0.73%
 Applied Materials, Inc. AMAT Information Technology  Information Technology Large-Cap Growth 0.72%
 Principal Financial Group, Inc. PFG Financials  Financials Mid-Cap Value 0.70%
 BASF SE (ADR) BASFY Materials  Materials Large-Cap Value 0.68%
 Copa Holdings S.A. CPA Industrials  Industrials Small-Cap Value 0.67%
 Bayer AG (ADR) BAYRY Health Care  Health Care Large-Cap Value 0.64%
 Methode Electronics, Inc. MEI Information Technology  Information Technology Small-Cap Value 0.64%
 Ultrapar Participacoes S.A. (ADR) UGP Energy  Energy Mid-Cap Value 0.64%
 Geely Automobile Holdings Limited (ADR) GELYY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.64%
 IPG Photonics Corporation IPGP Information Technology  Information Technology Mid-Cap Value 0.63%
 British American Tobacco Plc (ADR) BTI Consumer Staples  Consumer Staples Large-Cap Value 0.57%
 Coherent, Inc. COHR Information Technology  Information Technology Small-Cap Growth 0.44%
 Thor Industries, Inc. THO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.39%
 Resideo Technologies Inc. REZI Industrials  Industrials Small-Cap Value 0.03%
 Garrett Motion Inc. GTX Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.01%
 
Total Number of Holdings:    102
Underlying Securities information represented above is as of 12/14/2018 but will vary with future fluctuations in the market.

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.

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.

Emerging Markets Risk. Risks associated with investing in foreign securities may be more pronounced in emerging markets where the securities markets are substantially smaller, less liquid, less regulated and more volatile than the U.S. and developed foreign markets.

Foreign Securities Risk. An investment in securities of foreign issuers should be made with an understanding of the additional risks involved, such as currency fluctuations, political risk, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

IRA Risk. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

Technology Risk. The companies engaged in the information technology sector are subject to fierce competition, high research and development costs, and their products and services may be subject to rapid obsolescence. Technology company stocks, especially those which are Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their operating performance.

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 cyber security.

All data used for the sector and style classification comparisons is from Bloomberg Finance L.P, which we believe to be reliable, but do not take responsibility for its accuracy.

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.

Although the portfolio terminates in approximately one year, 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.

You should carefully consider the trust's investment objectives, risks, and charges and expenses 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 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.