S&P Target SMid 60, 2nd Qtr 2019  Ticker: FPTURX
 
Description
This unit investment trust seeks above-average total return; however, there is no assurance the objective will be met. The stocks in the portfolio 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: 602Q19
Portfolio Status: Secondary
Initial Offer Date: 04/10/2019
Secondary Date: 07/10/2019
Portfolio Ending Date: 07/09/2020
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $7.7898
POP(*): $7.8964
Remaining Deferred Sales Charge: $0.0450
* As of Trade Date: 08/16/2019 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 8/16/2019) Per Unit (as of 8/16/2019)
1.28% $0.10110
^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. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital. PLEASE NOTE: For trusts that hold preferred securities, the historical distribution rate is calculated using only the holdings that have 12 months of distribution history. Any holdings without a 12 month history of dividends were excluded from the calculation. 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 1.83%
Consumer Discretionary  Consumer Discretionary 17.69%
Consumer Staples  Consumer Staples 1.75%
Energy  Energy 28.02%
Financials  Financials 17.73%
Health Care  Health Care 0.85%
Industrials  Industrials 7.43%
Information Technology  Information Technology 10.06%
Materials  Materials 7.08%
Real Estate  Real Estate 7.39%
Utilities  Utilities 0.00%
Other  Other 0.17%
 
  Large Mid Small  
Growth  0.00% 0.00% 0.47%  
Value  0.00% 18.68% 80.68%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 0.00%
Mid-Cap Value 18.68%
Small-Cap Growth 0.47%
Small-Cap Value 80.68%
Undetermined 0.17%
 Composition
U.S. Stocks 97.70%   Other 0.17%
Non-U.S. Stocks 2.13%      
The style and sector characteristics of the portfolio are determined as of 08/16/2019 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $2,330.80
Weighted Average Price/Earnings 6.90
Weighted Average Price/Book 0.70
As of 8/16/2019
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 World Fuel Services Corporation INT Energy  Energy Small-Cap Value 3.37%
 Sabra Health Care REIT, Inc. SBRA Real Estate  Real Estate Mid-Cap Value 3.12%
 First Solar, Inc. FSLR Information Technology  Information Technology Mid-Cap Value 3.01%
 Navient Corporation NAVI Financials  Financials Small-Cap Value 2.99%
 Reliance Steel & Aluminum Co. RS Materials  Materials Mid-Cap Value 2.91%
 International Speedway Corporation ISCA Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.87%
 Mack-Cali Realty Corporation CLI Real Estate  Real Estate Small-Cap Value 2.79%
 TRI Pointe Group, Inc. TPH Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.75%
 Sterling Bancorp STL Financials  Financials Mid-Cap Value 2.68%
 Brighthouse Financial, Inc. BHF Financials  Financials Mid-Cap Value 2.55%
 Stifel Financial Corp. SF Financials  Financials Small-Cap Value 2.54%
 Colfax Corporation CFX Industrials  Industrials Small-Cap Value 2.40%
 Bank OZK OZK Financials  Financials Small-Cap Value 2.34%
 Tech Data Corporation TECD Information Technology  Information Technology Small-Cap Value 2.33%
 Arrow Electronics, Inc. ARW Information Technology  Information Technology Mid-Cap Value 2.30%
 NOW Inc. DNOW Industrials  Industrials Small-Cap Value 2.23%
 WPX Energy, Inc. WPX Energy  Energy Mid-Cap Value 2.11%
 Matador Resources Company MTDR Energy  Energy Small-Cap Value 2.10%
 Ryder System, Inc. R Industrials  Industrials Small-Cap Value 2.06%
 Dillard's, Inc. (Class A) DDS Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.04%
 Domtar Corporation UFS Materials  Materials Small-Cap Value 1.90%
 CNX Resources Corporation CNX Energy  Energy Small-Cap Value 1.89%
 Murphy Oil Corporation MUR Energy  Energy Small-Cap Value 1.83%
 Meritage Homes Corporation MTH Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.80%
 M/I Homes, Inc. MHO Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.78%
 Encore Capital Group, Inc. ECPG Financials  Financials Small-Cap Value 1.77%
 Edgewell Personal Care Company EPC Consumer Staples  Consumer Staples Small-Cap Value 1.75%
 M.D.C. Holdings, Inc. MDC Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.65%
 Callon Petroleum Company CPE Energy  Energy Small-Cap Value 1.62%
 Group 1 Automotive, Inc. GPI Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.59%
 United States Steel Corporation X Materials  Materials Small-Cap Value 1.59%
 Patterson-UTI Energy, Inc. PTEN Energy  Energy Small-Cap Value 1.56%
 SM Energy Company SM Energy  Energy Small-Cap Value 1.50%
 William Lyon Homes (Class A) WLH Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.50%
 Franklin Street Properties Corp. FSP Real Estate  Real Estate Small-Cap Value 1.48%
 OFG Bancorp OFG Financials  Financials Small-Cap Value 1.44%
 Ambac Financial Group, Inc. AMBC Financials  Financials Small-Cap Value 1.42%
 Gannett Co., Inc. GCI Communication Services  Communication Services Small-Cap Value 1.36%
 Bonanza Creek Energy, Inc. BCEI Energy  Energy Small-Cap Value 1.34%
 Benchmark Electronics, Inc. BHE Information Technology  Information Technology Small-Cap Value 1.29%
 Helix Energy Solutions Group, Inc. HLX Energy  Energy Small-Cap Value 1.20%
 TTM Technologies, Inc. TTMI Information Technology  Information Technology Small-Cap Value 1.13%
 Bed Bath & Beyond Inc. BBBY Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.12%
 Era Group Inc. ERA Energy  Energy Small-Cap Value 1.12%
 Southwestern Energy Company SWN Energy  Energy Small-Cap Value 1.05%
 Oil States International, Inc. OIS Energy  Energy Small-Cap Value 1.02%
 SRC Energy Inc. SRCI Energy  Energy Small-Cap Value 1.00%
 Carrizo Oil & Gas, Inc. CRZO Energy  Energy Small-Cap Value 0.90%
 PDC Energy, Inc. PDCE Energy  Energy Small-Cap Value 0.88%
 Invacare Corporation IVC Health Care  Health Care Small-Cap Value 0.85%
 Atlas Air Worldwide Holdings, Inc. AAWW Industrials  Industrials Small-Cap Value 0.74%
 Nabors Industries Ltd. NBR Energy  Energy Small-Cap Value 0.69%
 TimkenSteel Corporation TMST Materials  Materials Small-Cap Value 0.68%
 Renewable Energy Group, Inc. REGI Energy  Energy Small-Cap Value 0.66%
 HighPoint Resources Corporation HPR Energy  Energy Small-Cap Value 0.64%
 J.C. Penney Company, Inc. JCP Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.59%
 Denbury Resources Inc. DNR Energy  Energy Small-Cap Value 0.59%
 Gulfport Energy Corporation GPOR Energy  Energy Small-Cap Value 0.54%
 Frontier Communications Corporation FTR Communication Services  Communication Services Small-Cap Growth 0.47%
 Whiting Petroleum Corporation WLL Energy  Energy Small-Cap Value 0.41%
 
Total Number of Holdings:    60
Underlying Securities information represented above is as of 08/16/2019 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 July 19, 2019
$0.04500 August 20, 2019
$0.04500 September 20, 2019

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.

Energy Risk. The companies engaged in the energy sector are subject to certain risks, including price and supply fluctuations caused by international politics, energy conservation, taxes, price controls, and other regulatory policies of various governments. Falling oil and gas prices may negatively impact the profitability and business prospects of certain energy companies.

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.

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.

Term Risk - 15 months. Although this unit investment trust terminates in approximately 15 months, 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.

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.

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.

The S&P MidCap 400 and the S&P SmallCap 600 Indices are products of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and have 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. This product 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 MidCap 400 and the S&P SmallCap 600 Indices.