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 Focus Four, 1st Qtr 2020  Ticker: FKUQXX
 
Description
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 four 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.
 
Summary
Product Code: F41Q20
Portfolio Status: Secondary
Initial Offer Date: 01/10/2020
Secondary Date: 04/13/2020
Portfolio Ending Date: 04/09/2021
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $7.3508
POP(*): $7.4514
Remaining Deferred Sales Charge: $0.0450
* As of Trade Date: 05/29/2020 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 5/29/2020) Per Unit (as of 5/29/2020)
2.41% $0.17970
^ 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 2.61%
Consumer Discretionary  Consumer Discretionary 10.21%
Consumer Staples  Consumer Staples 0.26%
Energy  Energy 8.04%
Financials  Financials 25.74%
Health Care  Health Care 3.13%
Industrials  Industrials 11.66%
Information Technology  Information Technology 24.32%
Materials  Materials 3.56%
Real Estate  Real Estate 0.93%
Utilities  Utilities 8.26%
Other  Other 1.28%
 
  Large Mid Small  
Growth  20.32% 3.85% 2.05%  
Value  25.49% 19.62% 27.39%  

 Style Weighting
Large-Cap Growth 20.32%
Large-Cap Value 25.49%
Mid-Cap Growth 3.85%
Mid-Cap Value 19.62%
Small-Cap Growth 2.05%
Small-Cap Value 27.39%
Undetermined 1.28%
 Composition
U.S. Stocks 78.54%   Other 1.28%
Non-U.S. Stocks 20.18%      
The style and sector characteristics of the portfolio are determined as of 05/29/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $197,583.51
Price/Earnings 11.43
Price/Book 1.00
As of 5/29/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 11.27%
 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) TSM Information Technology  Information Technology Large-Cap Value 8.44%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 4.95%
 Target Corporation TGT Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.77%
 Edwards Lifesciences Corporation EW Health Care  Health Care Large-Cap Growth 2.09%
 NiSource Inc. NI Utilities  Utilities Mid-Cap Value 1.70%
 F.N.B. Corporation FNB Financials  Financials Small-Cap Value 1.70%
 New York Community Bancorp, Inc. NYCB Financials  Financials Mid-Cap Value 1.70%
 NorthWestern Corporation NWE Utilities  Utilities Small-Cap Value 1.69%
 Sempra Energy SRE Utilities  Utilities Large-Cap Value 1.66%
 Avista Corporation AVA Utilities  Utilities Small-Cap Value 1.65%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 1.56%
 Domtar Corporation UFS Materials  Materials Small-Cap Value 1.54%
 United Bankshares, Inc. UBSI Financials  Financials Mid-Cap Value 1.53%
 General Motors Company GM Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.47%
 Valley National Bancorp VLY Financials  Financials Mid-Cap Value 1.40%
 Trustmark Corporation TRMK Financials  Financials Small-Cap Value 1.38%
 People's United Financial, Inc. PBCT Financials  Financials Mid-Cap Value 1.37%
 Principal Financial Group, Inc. PFG Financials  Financials Mid-Cap Value 1.37%
 Newell Brands Inc. NWL Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.35%
 EQT Corporation EQT Energy  Energy Mid-Cap Value 1.28%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 1.28%
 Huntington Bancshares Incorporated HBAN Financials  Financials Mid-Cap Value 1.21%
 KeyCorp KEY Financials  Financials Mid-Cap Value 1.19%
 ANSYS, Inc. ANSS Information Technology  Information Technology Large-Cap Growth 1.09%
 Copart, Inc. CPRT Industrials  Industrials Large-Cap Growth 0.92%
 PacWest Bancorp PACW Financials  Financials Small-Cap Value 0.92%
 Meredith Corporation MDP Communication Services  Communication Services Small-Cap Value 0.89%
 Trinity Industries, Inc. TRN Industrials  Industrials Small-Cap Value 0.82%
 SLM Corporation SLM Financials  Financials Small-Cap Value 0.77%
 CDW Corporation CDW Information Technology  Information Technology Mid-Cap Growth 0.71%
 CNO Financial Group, Inc. CNO Financials  Financials Small-Cap Value 0.70%
 Brighthouse Financial, Inc. BHF Financials  Financials Small-Cap Value 0.68%
 Stifel Financial Corp. SF Financials  Financials Mid-Cap Value 0.67%
 Signature Bank SBNY Financials  Financials Mid-Cap Value 0.66%
 Colfax Corporation CFX Industrials  Industrials Mid-Cap Value 0.66%
 Dana Inc. DAN Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.65%
 East West Bancorp, Inc. EWBC Financials  Financials Mid-Cap Value 0.64%
 Bank OZK OZK Financials  Financials Small-Cap Value 0.64%
 Atlas Air Worldwide Holdings, Inc. AAWW Industrials  Industrials Small-Cap Value 0.63%
 Southwestern Energy Company SWN Energy  Energy Small-Cap Value 0.61%
 Mack-Cali Realty Corporation CLI Real Estate  Real Estate Small-Cap Value 0.59%
 Associated Banc-Corp ASB Financials  Financials Small-Cap Value 0.58%
 AudioCodes Ltd. AUDC Information Technology  Information Technology Small-Cap Growth 0.57%
 Ryder System, Inc. R Industrials  Industrials Small-Cap Value 0.55%
 Umpqua Holdings Corporation UMPQ Financials  Financials Small-Cap Value 0.55%
 World Fuel Services Corporation INT Energy  Energy Small-Cap Value 0.54%
 Pan American Silver Corp. PAAS Materials  Materials Mid-Cap Value 0.52%
 Cable One, Inc. CABO Communication Services  Communication Services Mid-Cap Growth 0.52%
 Tyler Technologies, Inc. TYL Information Technology  Information Technology Mid-Cap Growth 0.51%
 Honda Motor Co., Ltd. (ADR) HMC Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.49%
 JetBlue Airways Corporation JBLU Industrials  Industrials Small-Cap Value 0.48%
 Navient Corporation NAVI Financials  Financials Small-Cap Value 0.48%
 Toyota Motor Corporation (ADR) TM Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.47%
 Chemed Corporation CHE Health Care  Health Care Mid-Cap Growth 0.46%
 The Goodyear Tire & Rubber Company GT Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.45%
 China Mobile Limited (ADR) CHL Communication Services  Communication Services Large-Cap Value 0.45%
 Office Depot, Inc. ODP Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.44%
 Hancock Whitney Corporation HWC Financials  Financials Small-Cap Value 0.44%
 Synovus Financial Corp. SNV Financials  Financials Small-Cap Value 0.43%
 Orange (ADR) ORAN Communication Services  Communication Services Large-Cap Value 0.43%
 FTI Consulting, Inc. FCN Industrials  Industrials Mid-Cap Value 0.43%
 UBS Group AG UBS Financials  Financials Large-Cap Value 0.43%
 Magna International Inc. (Class A) MGA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.41%
 Teledyne Technologies Incorporated TDY Industrials  Industrials Mid-Cap Growth 0.41%
 Mitsubishi UFJ Financial Group, Inc. (ADR) MUFG Financials  Financials Large-Cap Value 0.41%
 Sumitomo Mitsui Financial Group, Inc. (ADR) SMFG Financials  Financials Large-Cap Value 0.41%
 Cooper Tire & Rubber Company CTB Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.40%
 Johnson Controls International Plc JCI Industrials  Industrials Large-Cap Value 0.40%
 Teradyne, Inc. TER Information Technology  Information Technology Mid-Cap Growth 0.40%
 Allegheny Technologies Incorporated ATI Materials  Materials Small-Cap Value 0.39%
 Murphy Oil Corporation MUR Energy  Energy Small-Cap Value 0.39%
 Canon Inc. (ADR) CAJ Information Technology  Information Technology Large-Cap Value 0.39%
 POSCO (ADR) PKX Materials  Materials Mid-Cap Value 0.39%
 Encore Capital Group, Inc. ECPG Financials  Financials Small-Cap Value 0.39%
 CSG Systems International, Inc. CSGS Information Technology  Information Technology Small-Cap Growth 0.37%
 Garmin Ltd. GRMN Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.37%
 Equinor ASA EQNR Energy  Energy Large-Cap Value 0.37%
 WPX Energy, Inc. WPX Energy  Energy Mid-Cap Value 0.37%
 Matador Resources Company MTDR Energy  Energy Small-Cap Value 0.37%
 Nutrien Ltd. NTR Materials  Materials Large-Cap Value 0.37%
 FGL Holdings FG Financials  Financials Small-Cap Growth 0.37%
 Total S.A. (ADR) TOT Energy  Energy Large-Cap Value 0.36%
 Gibraltar Industries, Inc. ROCK Industrials  Industrials Small-Cap Growth 0.35%
 iStar Inc. STAR Real Estate  Real Estate Small-Cap Value 0.34%
 Credit Suisse Group AG (ADR) CS Financials  Financials Large-Cap Value 0.34%
 Allegion Public Limited Company ALLE Industrials  Industrials Mid-Cap Growth 0.33%
 China Unicom (Hong Kong) Limited (ADR) CHU Communication Services  Communication Services Large-Cap Value 0.32%
 Bonanza Creek Energy, Inc. BCEI Energy  Energy Small-Cap Value 0.32%
 Patterson-UTI Energy, Inc. PTEN Energy  Energy Small-Cap Value 0.31%
 BP Plc (ADR) BP Energy  Energy Large-Cap Value 0.31%
 Eni SpA (ADR) E Energy  Energy Large-Cap Value 0.30%
 ScanSource, Inc. SCSC Information Technology  Information Technology Small-Cap Value 0.30%
 Canadian Natural Resources Limited CNQ Energy  Energy Large-Cap Value 0.30%
 Carlisle Companies Incorporated CSL Industrials  Industrials Mid-Cap Value 0.30%
 ArcelorMittal (ADR) MT Materials  Materials Mid-Cap Value 0.30%
 Banco Santander S.A. (ADR) SAN Financials  Financials Large-Cap Value 0.29%
 Invacare Corporation IVC Health Care  Health Care Small-Cap Value 0.29%
 AngioDynamics, Inc. ANGO Health Care  Health Care Small-Cap Value 0.29%
 Banco Bilbao Vizcaya Argentaria, S.A. (ADR) BBVA Financials  Financials Large-Cap Value 0.29%
 Abercrombie & Fitch Co. (Class A) ANF Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.28%
 Royal Dutch Shell Plc (ADR) RDS/A Energy  Energy Large-Cap Value 0.28%
 Benchmark Electronics, Inc. BHE Information Technology  Information Technology Small-Cap Value 0.27%
 ING Groep N.V. (ADR) ING Financials  Financials Large-Cap Value 0.27%
 Petroleo Brasileiro S.A. - Petrobras (ADR) PBR Energy  Energy Large-Cap Value 0.26%
 Gulfport Energy Corporation GPOR Energy  Energy Small-Cap Value 0.26%
 Douglas Dynamics, Inc. PLOW Industrials  Industrials Small-Cap Growth 0.26%
 Lamb Weston Holdings, Inc. LW Consumer Staples  Consumer Staples Mid-Cap Growth 0.26%
 First Midwest Bancorp, Inc. FMBI Financials  Financials Small-Cap Value 0.25%
 Leggett & Platt, Incorporated LEG Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.25%
 Signet Jewelers Limited SIG Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.24%
 CONSOL Energy Inc. CEIX Energy  Energy Small-Cap Value 0.24%
 PDC Energy, Inc. PDCE Energy  Energy Small-Cap Value 0.20%
 Transocean Ltd. RIG Energy  Energy Small-Cap Value 0.18%
 Express, Inc. EXPR Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.17%
 Howmet Aerospace Inc. HWM Industrials  Industrials Mid-Cap Value 0.17%
 SM Energy Company SM Energy  Energy Small-Cap Value 0.13%
 Penn Virginia Corporation PVAC Energy  Energy Small-Cap Value 0.13%
 Nabors Industries Ltd. NBR Energy  Energy Small-Cap Value 0.10%
 QEP Resources, Inc. QEP Energy  Energy Small-Cap Value 0.09%
 Chesapeake Energy Corporation CHK Energy  Energy Small-Cap Growth 0.07%
 Callon Petroleum Company CPE Energy  Energy Small-Cap Value 0.07%
 Denbury Resources Inc. DNR Energy  Energy Small-Cap Value 0.06%
 Oasis Petroleum Inc. OAS Energy  Energy Small-Cap Growth 0.06%
 HighPoint Resources Corporation HPR Energy  Energy Small-Cap Value 0.06%
 Arconic Corporation ARNC Materials  Materials Small-Cap Value 0.05%
 Valaris Plc VAL Energy  Energy Small-Cap Value 0.02%
 
Total Number of Holdings:    127
Underlying Securities information represented above is as of 05/29/2020 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 April 20, 2020
$0.04500 May 20, 2020
$0.04500 June 19, 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.

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.

Emerging Markets Risk. Risks associated with investing in foreign securities may be more pronounced in emerging markets where the securities markets are substantially smaller, less liquid, less regulated and more volatile than the U.S. and developed 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.

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 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 Industrial Average 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 Industrial Average.

Source ICE Data Indices, LLC, is used with permission. "NYSE®" is a service/trade mark of ICE Data Indices, LLC or its affiliates and has been licensed, along with the NYSE® International 100 Index ("Index") for use by First Trust Portfolios L.P. Neither First Trust Portfolios L.P. nor the product, as applicable, is sponsored, endorsed, sold or promoted by ICE Data Indices, LLC, its affiliates or its Third Party Suppliers ("ICE Data and its Suppliers"). ICE Data and its Suppliers make no representations or warranties regarding the advisability of investing in securities generally, in the Product particularly, or the ability of the Index to track general market performance. Past performance of an Index is not an indicator of or a guarantee of future results.

ICE DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM ("INDEX DATA"). ICE DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND THE INDEX DATA, WHICH ARE PROVIDED ON AN "AS IS" BASIS AND YOUR USE IS AT YOUR OWN RISK.

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.

Fund Cusip Information
30312N505 (Cash)
30312N513 (Reinvest)
30312N521 (Cash-Fee)
30312N539 (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.