Deep Value Dividend Opportunity, 3  Ticker: FPYOBX
This unit investment trust seeks above-average total return through a combination of capital appreciation and dividend income; however, there is no assurance the objective will be met.
Product Code: DVDO3
Portfolio Status: Secondary
Initial Offer Date: 01/17/2018
Secondary Date: 04/16/2018
Portfolio Ending Date: 04/17/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $7.7604
POP(*): $7.8666
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 12/13/2018 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.

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.2964
As of 12/10/2018
* The estimates are based on annualizing the most recent dividends declared by the issuers of the securities included in the portfolio. There is no guarantee that the issuers of the securities included in the portfolio will declare distributions in the future or that, if declared, they will either remain at current levels or increase over time.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 5.51%
Consumer Discretionary  Consumer Discretionary 28.68%
Consumer Staples  Consumer Staples 5.40%
Energy  Energy 0.00%
Financials  Financials 9.94%
Health Care  Health Care 12.36%
Industrials  Industrials 10.21%
Information Technology  Information Technology 20.26%
Materials  Materials 7.30%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.34%
  Large Mid Small  
Growth  14.02% 5.05% 9.88%  
Value  38.42% 13.45% 18.84%  

 Style Weighting
Large-Cap Growth 14.02%
Large-Cap Value 38.42%
Mid-Cap Growth 5.05%
Mid-Cap Value 13.45%
Small-Cap Growth 9.88%
Small-Cap Value 18.84%
Undetermined 0.34%
U.S. Stocks 96.06%   Other 0.34%
Non-U.S. Stocks 3.60%      
The style and sector characteristics of the portfolio are determined as of 12/13/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $52,628.31
Weighted Average Price/Earnings 10.21
Weighted Average Price/Book 1.57
As of 12/13/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Brinker International, Inc. EAT Consumer Discretionary  Consumer Discretionary Small-Cap Growth 6.61%
 GATX Corporation GATX Industrials  Industrials Small-Cap Value 5.72%
 Intel Corporation INTC Information Technology  Information Technology Large-Cap Value 5.58%
 Verizon Communications Inc. VZ Communication Services  Communication Services Large-Cap Growth 5.51%
 Walgreens Boots Alliance, Inc. WBA Consumer Staples  Consumer Staples Large-Cap Value 5.40%
 H&R Block, Inc. HRB Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 5.05%
 HP Inc. HPQ Information Technology  Information Technology Large-Cap Growth 4.85%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 4.60%
 Delta Air Lines, Inc. DAL Industrials  Industrials Large-Cap Value 4.49%
 Gilead Sciences, Inc. GILD Health Care  Health Care Large-Cap Value 4.18%
 General Motors Company GM Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.96%
 Xerox Corporation XRX Information Technology  Information Technology Mid-Cap Value 3.80%
 GameStop Corp. (Class A) GME Consumer Discretionary  Consumer Discretionary Small-Cap Value 3.71%
 Eastman Chemical Company EMN Materials  Materials Mid-Cap Value 3.70%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Growth 3.66%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 3.60%
 Cardinal Health, Inc. CAH Health Care  Health Care Mid-Cap Value 3.58%
 Navient Corporation NAVI Financials  Financials Small-Cap Value 3.57%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 3.38%
 Tailored Brands, Inc. TLRD Consumer Discretionary  Consumer Discretionary Small-Cap Growth 3.27%
 Ford Motor Company F Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.23%
 Legg Mason, Inc. LM Financials  Financials Small-Cap Value 2.99%
 Chico's FAS, Inc. CHS Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.85%
 Western Digital Corporation WDC Information Technology  Information Technology Mid-Cap Value 2.37%
Total Number of Holdings:    24
Underlying Securities information represented above is as of 12/13/2018 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.

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.