Target Triad, 2nd Qtr 2019  Ticker: FBNRYX
 
Description
The Target Triad Portfolio is a unit investment trust that seeks the potential for above-average total return by adhering to a disciplined investment process that targets three distinct methods of investing in the stock market.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: TR2Q19
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(*): $9.1546
POP(*): $9.2798
Remaining Deferred Sales Charge: $0.0450
* As of Trade Date: 08/19/2019 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 8/19/2019) Per Unit (as of 8/19/2019)
2.16% $0.20010
^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 6.12%
Consumer Discretionary  Consumer Discretionary 17.22%
Consumer Staples  Consumer Staples 5.70%
Energy  Energy 4.41%
Financials  Financials 8.55%
Health Care  Health Care 14.26%
Industrials  Industrials 13.21%
Information Technology  Information Technology 15.29%
Materials  Materials 8.96%
Real Estate  Real Estate 0.00%
Utilities  Utilities 5.80%
Other  Other 0.48%
 
  Large Mid Small  
Growth  23.89% 37.17% 1.34%  
Value  16.01% 8.96% 12.15%  

 Style Weighting
Large-Cap Growth 23.89%
Large-Cap Value 16.01%
Mid-Cap Growth 37.17%
Mid-Cap Value 8.96%
Small-Cap Growth 1.34%
Small-Cap Value 12.15%
Undetermined 0.48%
 Composition
U.S. Stocks 78.56%   Other 0.48%
Non-U.S. Stocks 20.96%      
The style and sector characteristics of the portfolio are determined as of 08/19/2019 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $29,201.42
Weighted Average Price/Earnings 15.26
Weighted Average Price/Book 2.08
As of 8/19/2019
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Kirkland Lake Gold Ltd. KL Materials  Materials Mid-Cap Growth 2.91%
 NVR, Inc. NVR Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.62%
 The Estee Lauder Companies Inc. EL Consumer Staples  Consumer Staples Large-Cap Growth 2.61%
 S&P Global Inc. SPGI Financials  Financials Large-Cap Growth 2.60%
 Copart, Inc. CPRT Industrials  Industrials Mid-Cap Growth 2.53%
 KLA Corporation KLAC Information Technology  Information Technology Large-Cap Growth 2.43%
 Stryker Corporation SYK Health Care  Health Care Large-Cap Growth 2.42%
 Advanced Micro Devices, Inc. AMD Information Technology  Information Technology Large-Cap Growth 2.36%
 Lam Research Corporation LRCX Information Technology  Information Technology Large-Cap Growth 2.31%
 eBay Inc. EBAY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.28%
 Yum China Holdings Inc. YUMC Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.20%
 The Toro Company TTC Industrials  Industrials Mid-Cap Growth 2.19%
 Avery Dennison Corporation AVY Materials  Materials Mid-Cap Growth 2.18%
 Yandex N.V. (Class A) YNDX Communication Services  Communication Services Mid-Cap Growth 2.18%
 Illinois Tool Works Inc. ITW Industrials  Industrials Large-Cap Growth 2.15%
 NIKE, Inc. (Class B) NKE Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.04%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 2.02%
 Mettler-Toledo International Inc. MTD Health Care  Health Care Mid-Cap Growth 2.00%
 Exelixis, Inc. EXEL Health Care  Health Care Mid-Cap Growth 1.98%
 Zebra Technologies Corporation ZBRA Information Technology  Information Technology Mid-Cap Growth 1.97%
 Ulta Beauty, Inc. ULTA Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.92%
 Graco Inc. GGG Industrials  Industrials Mid-Cap Growth 1.88%
 Spirit AeroSystems Holdings, Inc. SPR Industrials  Industrials Mid-Cap Growth 1.85%
 The AES Corporation AES Utilities  Utilities Mid-Cap Value 1.83%
 Waters Corporation WAT Health Care  Health Care Mid-Cap Growth 1.78%
 Ionis Pharmaceuticals, Inc. IONS Health Care  Health Care Mid-Cap Growth 1.73%
 Hanesbrands Inc. HBI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.61%
 Ubiquiti Networks, Inc. UBNT Information Technology  Information Technology Mid-Cap Growth 1.47%
 Sonic Automotive, Inc. SAH Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.42%
 Align Technology, Inc. ALGN Health Care  Health Care Mid-Cap Growth 1.31%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 0.91%
 Fortis Inc. FTS Utilities  Utilities Large-Cap Value 0.88%
 AT&T Inc. T Communication Services  Communication Services Large-Cap Value 0.87%
 Federal Agricultural Mortgage Corporation AGM Financials  Financials Small-Cap Value 0.86%
 Aircastle Limited AYR Industrials  Industrials Small-Cap Value 0.84%
 Principal Financial Group, Inc. PFG Financials  Financials Mid-Cap Value 0.82%
 Duke Energy Corporation DUK Utilities  Utilities Large-Cap Value 0.80%
 Phillips 66 PSX Energy  Energy Large-Cap Value 0.80%
 Avangrid, Inc. AGR Utilities  Utilities Mid-Cap Value 0.78%
 HP Inc. HPQ Information Technology  Information Technology Large-Cap Growth 0.77%
 Weis Markets, Inc. WMK Consumer Staples  Consumer Staples Small-Cap Value 0.77%
 Citizens Financial Group, Inc. CFG Financials  Financials Mid-Cap Value 0.77%
 The Interpublic Group of Companies, Inc. IPG Communication Services  Communication Services Mid-Cap Growth 0.76%
 Gilead Sciences, Inc. GILD Health Care  Health Care Large-Cap Value 0.76%
 Penske Automotive Group, Inc. PAG Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.76%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 0.74%
 Cardinal Health, Inc. CAH Health Care  Health Care Mid-Cap Value 0.74%
 Universal Corporation UVV Consumer Staples  Consumer Staples Small-Cap Value 0.74%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 0.74%
 The Chemours Company CC Materials  Materials Small-Cap Growth 0.72%
 Juniper Networks, Inc. JNPR Information Technology  Information Technology Mid-Cap Value 0.71%
 WestRock Company WRK Materials  Materials Mid-Cap Value 0.69%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 0.67%
 Eastman Chemical Company EMN Materials  Materials Mid-Cap Value 0.66%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 0.66%
 B&G Foods, Inc. BGS Consumer Staples  Consumer Staples Small-Cap Value 0.65%
 Hewlett Packard Enterprise Company HPE Information Technology  Information Technology Mid-Cap Value 0.65%
 Patterson Companies, Inc. PDCO Health Care  Health Care Small-Cap Value 0.63%
 Meredith Corporation MDP Communication Services  Communication Services Small-Cap Growth 0.62%
 New Media Investment Group Inc. NEWM Communication Services  Communication Services Small-Cap Value 0.62%
 AVX Corporation AVX Information Technology  Information Technology Small-Cap Value 0.60%
 Trinity Industries, Inc. TRN Industrials  Industrials Small-Cap Value 0.60%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 0.60%
 Ryder System, Inc. R Industrials  Industrials Small-Cap Value 0.59%
 The Greenbrier Companies, Inc. GBX Industrials  Industrials Small-Cap Value 0.58%
 Kronos Worldwide, Inc. KRO Materials  Materials Small-Cap Value 0.58%
 SpartanNash Company SPTN Consumer Staples  Consumer Staples Small-Cap Value 0.55%
 SemGroup Corporation SEMG Energy  Energy Small-Cap Value 0.50%
 The Goodyear Tire & Rubber Company GT Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.48%
 Toyota Motor Corporation (ADR) TM Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.43%
 National Grid Plc (ADR) NGG Utilities  Utilities Large-Cap Value 0.41%
 Mitsubishi UFJ Financial Group, Inc. (ADR) MUFG Financials  Financials Large-Cap Value 0.40%
 Mizuho Financial Group, Inc. (ADR) MFG Financials  Financials Large-Cap Value 0.40%
 Magna International Inc. (Class A) MGA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.39%
 Orange (ADR) ORAN Communication Services  Communication Services Large-Cap Value 0.39%
 Sumitomo Mitsui Financial Group, Inc. (ADR) SMFG Financials  Financials Large-Cap Value 0.39%
 British American Tobacco Plc (ADR) BTI Consumer Staples  Consumer Staples Large-Cap Value 0.38%
 Signet Jewelers Limited SIG Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.38%
 Royal Dutch Shell Plc (ADR) RDS/A Energy  Energy Large-Cap Value 0.37%
 Total S.A. (ADR) TOT Energy  Energy Large-Cap Value 0.36%
 Korea Electric Power Corporation (ADR) KEP Utilities  Utilities Mid-Cap Value 0.36%
 Eni SpA (ADR) E Energy  Energy Large-Cap Value 0.36%
 China Mobile Limited (ADR) CHL Communication Services  Communication Services Large-Cap Value 0.36%
 Honda Motor Co., Ltd. (ADR) HMC Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.35%
 Canadian Natural Resources Limited CNQ Energy  Energy Large-Cap Value 0.35%
 Banco Santander S.A. (ADR) SAN Financials  Financials Large-Cap Value 0.34%
 Barclays Plc (ADR) BCS Financials  Financials Large-Cap Value 0.34%
 Fiat Chrysler Automobiles N.V. FCAU Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.34%
 CNOOC Limited (ADR) CEO Energy  Energy Large-Cap Value 0.33%
 Banco Bilbao Vizcaya Argentaria, S.A. (ADR) BBVA Financials  Financials Large-Cap Value 0.33%
 ING Groep N.V. (ADR) ING Financials  Financials Large-Cap Value 0.32%
 China Unicom (Hong Kong) Limited (ADR) CHU Communication Services  Communication Services Large-Cap Value 0.32%
 Lloyds Banking Group Plc (ADR) LYG Financials  Financials Large-Cap Value 0.31%
 POSCO (ADR) PKX Materials  Materials Mid-Cap Value 0.30%
 ArcelorMittal (ADR) MT Materials  Materials Mid-Cap Value 0.26%
 
Total Number of Holdings:    95
Underlying Securities information represented above is as of 08/19/2019 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.

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.

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.

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