Nasdaq Factor Dogs Opportunity, 2  Ticker: FYRZBX
This unit investment trust seeks above-average capital appreciation; however, there is no assurance the objective will be met. The portfolio seeks to offer a transparent, rules-based approach to factor-based allocation that is both strategic and dynamic.
Product Code: NQFD2
Portfolio Status: Secondary
Initial Offer Date: 02/12/2018
Secondary Date: 05/11/2018
Portfolio Ending Date: 05/13/2019
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
Historical 12-Month Distribution Rate of Trust Holdings:^ 3.29%
Initial Offer Price: $10.0000
NAV(*): $10.0334
POP(*): $10.1707
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 4.76%
Consumer Discretionary  Consumer Discretionary 11.83%
Consumer Staples  Consumer Staples 14.05%
Energy  Energy 8.92%
Financials  Financials 2.63%
Health Care  Health Care 3.60%
Industrials  Industrials 6.30%
Information Technology  Information Technology 5.93%
Materials  Materials 0.00%
Real Estate  Real Estate 14.91%
Utilities  Utilities 27.07%
Other  Other 0.00%
  Large Mid Small  
Growth  31.94% 4.96% 0.00%  
Value  49.89% 13.21% 0.00%  

 Style Weighting
Large-Cap Growth 31.94%
Large-Cap Value 49.89%
Mid-Cap Growth 4.96%
Mid-Cap Value 13.21%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.00%
U.S. Stocks 99.00%   Other 0.00%
Non-U.S. Stocks 1.00%      
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 $75,873.24
Weighted Average Price/Earnings 18.21
Weighted Average Price/Book 2.74
As of 12/14/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 HCP, Inc. HCP Real Estate  Real Estate Mid-Cap Value 4.11%
 Welltower Inc. WELL Real Estate  Real Estate Large-Cap Value 3.00%
 Verizon Communications Inc. VZ Communication Services  Communication Services Large-Cap Growth 2.77%
 Realty Income Corporation O Real Estate  Real Estate Large-Cap Value 2.72%
 ONEOK, Inc. OKE Energy  Energy Large-Cap Value 2.66%
 Duke Energy Corporation DUK Utilities  Utilities Large-Cap Value 2.64%
 QUALCOMM Incorporated QCOM Information Technology  Information Technology Large-Cap Growth 2.64%
 Occidental Petroleum Corporation OXY Energy  Energy Large-Cap Value 2.49%
 The Southern Company SO Utilities  Utilities Large-Cap Value 2.45%
 Target Corporation TGT Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.39%
 CenterPoint Energy, Inc. CNP Utilities  Utilities Mid-Cap Value 2.34%
 WEC Energy Group, Inc. WEC Utilities  Utilities Large-Cap Value 2.25%
 The Coca-Cola Company KO Consumer Staples  Consumer Staples Large-Cap Growth 2.13%
 Consolidated Edison, Inc. ED Utilities  Utilities Large-Cap Value 2.12%
 Eversource Energy ES Utilities  Utilities Large-Cap Value 2.11%
 Xcel Energy Inc. XEL Utilities  Utilities Large-Cap Value 2.09%
 Dominion Energy, Inc. D Utilities  Utilities Large-Cap Value 2.07%
 NextEra Energy, Inc. NEE Utilities  Utilities Large-Cap Value 2.06%
 The Gap, Inc. GPS Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.04%
 Walmart, Inc. WMT Consumer Staples  Consumer Staples Large-Cap Value 2.03%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 2.03%
 Abbott Laboratories ABT Health Care  Health Care Large-Cap Growth 2.02%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 2.02%
 AT&T Inc. T Communication Services  Communication Services Large-Cap Value 1.99%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.97%
 V.F. Corporation VFC Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.95%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Growth 1.91%
 Digital Realty Trust, Inc. DLR Real Estate  Real Estate Large-Cap Value 1.91%
 Alliant Energy Corporation LNT Utilities  Utilities Mid-Cap Value 1.88%
 Yum! Brands, Inc. YUM Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.88%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 1.87%
 SCANA Corporation SCG Utilities  Utilities Mid-Cap Value 1.84%
 Kimberly-Clark Corporation KMB Consumer Staples  Consumer Staples Large-Cap Growth 1.84%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 1.75%
 Maxim Integrated Products, Inc. MXIM Information Technology  Information Technology Mid-Cap Growth 1.74%
 PepsiCo, Inc. PEP Consumer Staples  Consumer Staples Large-Cap Growth 1.66%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Growth 1.65%
 T. Rowe Price Group, Inc. TROW Financials  Financials Large-Cap Value 1.63%
 Emerson Electric Co. EMR Industrials  Industrials Large-Cap Growth 1.63%
 Federal Realty Investment Trust FRT Real Estate  Real Estate Mid-Cap Growth 1.62%
 Genuine Parts Company GPC Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.60%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 1.58%
 Essex Property Trust, Inc. ESS Real Estate  Real Estate Large-Cap Value 1.55%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Growth 1.55%
 Kellogg Company K Consumer Staples  Consumer Staples Large-Cap Growth 1.50%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 1.39%
 General Mills, Inc. GIS Consumer Staples  Consumer Staples Large-Cap Value 1.37%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Value 1.37%
 Edison International EIX Utilities  Utilities Large-Cap Value 1.19%
 Invesco Ltd. IVZ Financials  Financials Mid-Cap Value 1.00%
Total Number of Holdings:    50
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.

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.

Financials Risk. 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.

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.

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.

Nasdaq® and NASDAQ US Broad Dividend Achievers IndexTM are registered trademarks of Nasdaq, Inc. (which with its affiliates are the Corporations) and are licensed for use by First Trust Portfolios L.P. The portfolio has not been passed on by the Corporations as to its legality or suitability. The portfolio is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PORTFOLIO.