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Dividend Strength, 46  Ticker: FPGFZX
 
Description
A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income by investing in a portfolio of companies with strong balance sheets and a history of dividend payments with the ability to generate dividend growth.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: DSTR46
Portfolio Status: Secondary
Initial Offer Date: 10/07/2019
Secondary Date: 01/03/2020
Portfolio Ending Date: 10/07/2021
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.9902
POP(*): $10.2202
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 07/06/2020 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 7/6/2020) Per Unit (as of 7/6/2020)
2.24% $0.22860
^ 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. Due to the negative economic impact across many industries caused by the recent COVID-19 outbreak, certain issuers of the securities included in the trust may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "Historical 12-Month Distribution Rate of Trust Holdings," which is based on the trailing twelve-month distributions paid by the securities included in a trust, will likely be higher, and in some cases significantly higher, than the actual distribution rate achieved by the trust. 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. 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. 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 2.84%
Consumer Discretionary  Consumer Discretionary 9.48%
Consumer Staples  Consumer Staples 6.99%
Energy  Energy 2.66%
Financials  Financials 10.17%
Health Care  Health Care 15.54%
Industrials  Industrials 26.19%
Information Technology  Information Technology 18.88%
Materials  Materials 7.01%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.24%
 
  Large Mid Small  
Growth  45.59% 6.61% 2.61%  
Value  35.27% 9.68% 0.00%  

 Style Weighting
Large-Cap Growth 45.59%
Large-Cap Value 35.27%
Mid-Cap Growth 6.61%
Mid-Cap Value 9.68%
Small-Cap Growth 2.61%
Small-Cap Value 0.00%
Undetermined 0.24%
 Composition
U.S. Stocks 92.96%   Other 0.24%
Non-U.S. Stocks 6.80%      
The style and sector characteristics of the portfolio are determined as of 07/06/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $75,030.01
Price/Earnings 14.20
Price/Book 4.21
As of 7/6/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Lam Research Corporation LRCX Information Technology  Information Technology Large-Cap Growth 5.68%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Value 5.48%
 Amgen Inc. AMGN Health Care  Health Care Large-Cap Growth 5.22%
 Best Buy Co., Inc. BBY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 5.16%
 KLA Corporation KLAC Information Technology  Information Technology Large-Cap Growth 4.95%
 AmerisourceBergen Corporation ABC Health Care  Health Care Large-Cap Growth 4.84%
 Intel Corporation INTC Information Technology  Information Technology Large-Cap Value 4.61%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Value 4.43%
 Union Pacific Corporation UNP Industrials  Industrials Large-Cap Growth 4.38%
 Target Corporation TGT Consumer Discretionary  Consumer Discretionary Large-Cap Growth 4.32%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Value 4.25%
 Packaging Corporation of America PKG Materials  Materials Mid-Cap Value 3.85%
 T. Rowe Price Group, Inc. TROW Financials  Financials Large-Cap Value 3.82%
 PepsiCo, Inc. PEP Consumer Staples  Consumer Staples Large-Cap Growth 3.77%
 Hubbell Incorporated HUBB Industrials  Industrials Mid-Cap Growth 3.77%
 Ameriprise Financial, Inc. AMP Financials  Financials Mid-Cap Value 3.74%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 3.69%
 TE Connectivity Ltd. TEL Information Technology  Information Technology Large-Cap Value 3.64%
 Honeywell International Inc. HON Industrials  Industrials Large-Cap Growth 3.58%
 Walgreens Boots Alliance, Inc. WBA Consumer Staples  Consumer Staples Large-Cap Value 3.22%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 3.16%
 Omnicom Group Inc. OMC Communication Services  Communication Services Mid-Cap Growth 2.84%
 Phillips 66 PSX Energy  Energy Large-Cap Value 2.66%
 Evercore Inc. EVR Financials  Financials Small-Cap Growth 2.61%
 Delta Air Lines, Inc. DAL Industrials  Industrials Mid-Cap Value 2.09%
 
Total Number of Holdings:    25
Underlying Securities information represented above is as of 07/06/2020 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.

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.

COVID-19 Economic Impact Risk. The recent outbreak of a respiratory disease designated as COVID-19 was first detected in China in December 2019. The global economic impact of the COVID-19 outbreak is impossible to predict but is expected to disrupt manufacturing, supply chains and sales in affected areas and negatively impact global economic growth prospects. The COVID-19 outbreak has also caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of the COVID-19 outbreak may be short term or may last for an extended period of time, and in either case could result in a substantial economic downturn or recession.

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.

Industrials Risk. The companies engaged in the industrials sector are subject to a deterioration in the general state of the economy, intense competition, domestic and international politics, excess capacity and changing spending trends.

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.

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 professional 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
30311U666 (Cash)
30311U674 (Reinvest)
30311U682 (Cash-Fee)
30311U690 (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 professionals 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. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
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