Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       

Target Double Play, 2nd Qtr 2019  Ticker: FLMHNX
This unit investment trust seeks above-average total return; however, there is no assurance the objective will be met. The portfolio provides you with the convenience of owning two distinct strategies in one investment. It invests in a fixed portfolio of stocks which are selected by applying pre-determined screens and factors.
Please note that there is no assurance the objective will be met.
Product Code: DP2Q19
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: Monthly
Initial Offer Price: $10.0000
NAV(*): $10.2377
POP(*): $10.3778
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 02/18/2020 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 2/18/2020) Per Unit (as of 2/14/2020)
2.56% $0.26520
^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 1.37%
Consumer Discretionary  Consumer Discretionary 11.58%
Consumer Staples  Consumer Staples 12.45%
Energy  Energy 5.62%
Financials  Financials 23.77%
Health Care  Health Care 16.01%
Industrials  Industrials 2.09%
Information Technology  Information Technology 11.64%
Materials  Materials 4.65%
Real Estate  Real Estate 4.31%
Utilities  Utilities 6.51%
Other  Other 0.00%
  Large Mid Small  
Growth  48.09% 3.67% 1.53%  
Value  16.41% 19.21% 11.09%  

 Style Weighting
Large-Cap Growth 48.09%
Large-Cap Value 16.41%
Mid-Cap Growth 3.67%
Mid-Cap Value 19.21%
Small-Cap Growth 1.53%
Small-Cap Value 11.09%
Undetermined 0.00%
U.S. Stocks 98.94%   Other 0.00%
Non-U.S. Stocks 1.06%      
The style and sector characteristics of the portfolio are determined as of 02/18/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $90,130.25
Price/Earnings 18.57
Price/Book 2.08
As of 2/18/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 11.99%
 Merck & Co., Inc. MRK Health Care  Health Care Large-Cap Growth 8.31%
 Eli Lilly and Company LLY Health Care  Health Care Large-Cap Growth 5.67%
 Starbucks Corporation SBUX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 4.31%
 American Tower Corporation AMT Real Estate  Real Estate Large-Cap Growth 4.31%
 Western Digital Corporation WDC Information Technology  Information Technology Large-Cap Value 3.17%
 Intuit Inc. INTU Information Technology  Information Technology Large-Cap Growth 3.02%
 KeyCorp KEY Financials  Financials Mid-Cap Value 2.82%
 NorthWestern Corporation NWE Utilities  Utilities Small-Cap Value 2.72%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 2.68%
 Truist Financial Corporation TFC Financials  Financials Large-Cap Value 2.66%
 Valley National Bancorp VLY Financials  Financials Mid-Cap Value 2.56%
 F.N.B. Corporation FNB Financials  Financials Small-Cap Value 2.45%
 People's United Financial, Inc. PBCT Financials  Financials Mid-Cap Value 2.26%
 New York Community Bancorp, Inc. NYCB Financials  Financials Mid-Cap Value 2.25%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 2.25%
 PacWest Bancorp PACW Financials  Financials Mid-Cap Value 2.23%
 Trustmark Corporation TRMK Financials  Financials Small-Cap Value 2.17%
 United Bankshares, Inc. UBSI Financials  Financials Small-Cap Value 2.12%
 General Motors Company GM Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.10%
 Waste Management, Inc. WM Industrials  Industrials Large-Cap Growth 2.09%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 2.09%
 HollyFrontier Corporation HFC Energy  Energy Mid-Cap Value 2.07%
 HCA Healthcare, Inc. HCA Health Care  Health Care Large-Cap Growth 2.03%
 Huntsman Corporation HUN Materials  Materials Mid-Cap Value 2.02%
 Domtar Corporation UFS Materials  Materials Small-Cap Value 1.63%
 Dollar General Corporation DG Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.61%
 Macy's, Inc. M Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.49%
 Occidental Petroleum Corporation OXY Energy  Energy Large-Cap Value 1.46%
 AutoZone, Inc. AZO Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.01%
 Ball Corporation BLL Materials  Materials Large-Cap Growth 1.00%
 VeriSign, Inc. VRSN Information Technology  Information Technology Large-Cap Growth 0.99%
 Xilinx, Inc. XLNX Information Technology  Information Technology Large-Cap Growth 0.89%
 Cadence Design Systems, Inc. CDNS Information Technology  Information Technology Large-Cap Growth 0.86%
 Cable One, Inc. CABO Communication Services  Communication Services Mid-Cap Growth 0.84%
 Fair Isaac Corporation FICO Information Technology  Information Technology Mid-Cap Growth 0.81%
 Garmin Ltd. GRMN Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.69%
 EPAM Systems, Inc. EPAM Information Technology  Information Technology Mid-Cap Growth 0.67%
 Booz Allen Hamilton Holding Corporation BAH Information Technology  Information Technology Mid-Cap Growth 0.66%
 Black Hills Corporation BKH Utilities  Utilities Mid-Cap Value 0.57%
 Ciena Corporation CIEN Information Technology  Information Technology Mid-Cap Value 0.57%
 California Water Service Group CWT Utilities  Utilities Small-Cap Growth 0.54%
 Shenandoah Telecommunications Company SHEN Communication Services  Communication Services Small-Cap Growth 0.53%
 Inter Parfums, Inc. IPAR Consumer Staples  Consumer Staples Small-Cap Growth 0.46%
 Gildan Activewear Inc. GIL Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.37%
Total Number of Holdings:    45
Underlying Securities information represented above is as of 02/18/2020 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.

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.

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 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 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 Dow Jones U.S. Select Dividend IndexSM is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has 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 Dow Jones U.S. Select Dividend IndexSM.

"Value Line", "The Value Line Investment Survey", and "Timeliness" are trademarks or registered trademarks of Value Line, Inc. ("Value Line") and have been licensed for use for certain purposes by First Trust Portfolios L.P. This product is not sponsored, endorsed, recommended, sold or promoted by Value Line and Value Line makes no representation regarding the advisability of investing in products utilizing such strategy. First Trust Portfolios L.P. is not affiliated with any Value Line company.

Fund Cusip Information
30297W108 (Cash)
30297W116 (Reinvest)
30297W124 (Cash-Fee)
30297W132 (Reinvest-Fee)
Printer Friendly Page Printer Friendly Page

The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2020 All rights reserved.