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Income Dividend Equity Allocation (IDEA), 22  Ticker: FSYTBX
 
Description
A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income by investing in equity securities that are selected by Confluence Investment Management LLC using a comprehensive evaluation process.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: IDEA22
Portfolio Status: Primary
Initial Offer Date: 09/27/2019
Portfolio Ending Date: 09/27/2021
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.0763
POP(*): $10.3098
Remaining Deferred Sales Charge: $0.2250
* As of Trade Date: 11/15/2019 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 11/15/2019) Per Unit (as of 11/15/2019)
1.72% $0.17710
^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 0.00%
Consumer Discretionary  Consumer Discretionary 14.44%
Consumer Staples  Consumer Staples 9.50%
Energy  Energy 3.90%
Financials  Financials 20.85%
Health Care  Health Care 7.91%
Industrials  Industrials 18.83%
Information Technology  Information Technology 12.22%
Materials  Materials 6.53%
Real Estate  Real Estate 0.00%
Utilities  Utilities 5.67%
Other  Other 0.15%
 
  Large Mid Small  
Growth  38.12% 17.10% 1.81%  
Value  36.51% 6.31% 0.00%  

 Style Weighting
Large-Cap Growth 38.12%
Large-Cap Value 36.51%
Mid-Cap Growth 17.10%
Mid-Cap Value 6.31%
Small-Cap Growth 1.81%
Small-Cap Value 0.00%
Undetermined 0.15%
 Composition
U.S. Stocks 87.83%   Other 0.15%
Non-U.S. Stocks 12.02%      
The style and sector characteristics of the portfolio are determined as of 11/15/2019 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $109,934.96
Price/Earnings 21.96
Price/Book 3.78
As of 11/15/2019
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Nordstrom, Inc. JWN Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.33%
 Polaris Inc. PII Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.32%
 Northern Trust Corporation NTRS Financials  Financials Large-Cap Value 2.24%
 Nordson Corporation NDSN Industrials  Industrials Mid-Cap Growth 2.22%
 PPG Industries, Inc. PPG Materials  Materials Large-Cap Growth 2.20%
 Air Products and Chemicals, Inc. APD Materials  Materials Large-Cap Growth 2.19%
 Illinois Tool Works Inc. ITW Industrials  Industrials Large-Cap Growth 2.18%
 Commerce Bancshares, Inc. CBSH Financials  Financials Mid-Cap Value 2.17%
 The TJX Companies, Inc. TJX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.14%
 The Charles Schwab Corporation SCHW Financials  Financials Large-Cap Value 2.14%
 Linde Plc LIN Materials  Materials Large-Cap Value 2.14%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 2.13%
 T. Rowe Price Group, Inc. TROW Financials  Financials Large-Cap Value 2.13%
 United Technologies Corporation UTX Industrials  Industrials Large-Cap Value 2.12%
 SEI Investments Company SEIC Financials  Financials Mid-Cap Growth 2.10%
 Donaldson Company, Inc. DCI Industrials  Industrials Mid-Cap Growth 2.09%
 Cullen/Frost Bankers, Inc. CFR Financials  Financials Mid-Cap Value 2.08%
 Expeditors International of Washington, Inc. EXPD Industrials  Industrials Mid-Cap Growth 2.08%
 Mastercard Incorporated MA Information Technology  Information Technology Large-Cap Growth 2.07%
 Graco Inc. GGG Industrials  Industrials Mid-Cap Growth 2.06%
 Brown & Brown, Inc. BRO Financials  Financials Mid-Cap Value 2.06%
 M&T Bank Corporation MTB Financials  Financials Large-Cap Value 2.05%
 3M Company MMM Industrials  Industrials Large-Cap Growth 2.05%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Value 2.04%
 Medtronic Plc MDT Health Care  Health Care Large-Cap Value 2.03%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.02%
 Paychex, Inc. PAYX Information Technology  Information Technology Large-Cap Growth 2.02%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Value 2.02%
 NIKE, Inc. (Class B) NKE Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.01%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 2.01%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 2.01%
 Fidelity National Information Services, Inc. FIS Information Technology  Information Technology Large-Cap Value 2.00%
 American Express Company AXP Financials  Financials Large-Cap Value 1.99%
 Analog Devices, Inc. ADI Information Technology  Information Technology Large-Cap Value 1.99%
 The Southern Company SO Utilities  Utilities Large-Cap Value 1.98%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 1.98%
 Becton, Dickinson and Company BDX Health Care  Health Care Large-Cap Value 1.97%
 PepsiCo, Inc. PEP Consumer Staples  Consumer Staples Large-Cap Growth 1.97%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 1.92%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 1.91%
 Nestle S.A. (ADR) NSRGY Consumer Staples  Consumer Staples Large-Cap Growth 1.91%
 The Clorox Company CLX Consumer Staples  Consumer Staples Mid-Cap Growth 1.90%
 Chubb Limited CB Financials  Financials Large-Cap Value 1.89%
 American Water Works Company, Inc. AWK Utilities  Utilities Large-Cap Value 1.88%
 Stryker Corporation SYK Health Care  Health Care Large-Cap Growth 1.87%
 Starbucks Corporation SBUX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.86%
 Colgate-Palmolive Company CL Consumer Staples  Consumer Staples Large-Cap Growth 1.81%
 New Jersey Resources Corporation NJR Utilities  Utilities Small-Cap Growth 1.81%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.76%
 
Total Number of Holdings:    49
Underlying Securities information represented above is as of 11/15/2019 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.08%
  Deferred:  2.18%
C&D Fee:    0.49%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30311Q780 Cash Monthly
30311Q798 Reinvest Monthly
* Based on the offer price as of 11/15/2019 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.50%
Maximum Sales Charge:   0.50%
CUSIP Type Distribution
30311Q806 Cash-Fee Monthly
30311Q814 Reinvest-Fee Monthly
* Based on the NAV price as of 11/15/2019 4:00pm ET
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 January 17, 2020
$0.07500 February 20, 2020
$0.07500 March 20, 2020

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.

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.

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.

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.

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.

Fund Cusip Information
30311Q780 (Cash)
30311Q798 (Reinvest)
30311Q806 (Cash-Fee)
30311Q814 (Reinvest-Fee)
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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.
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