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       

Automated Quantitative Analysis, 20  Ticker: FCQINX
This unit investment trust seeks above-average capital appreciation over its life; however, there is no assurance that the objective will be met.
Please note that there is no assurance the objective will be met.
Product Code: HLQA20
Portfolio Status: Secondary
Initial Offer Date: 02/18/2020
Secondary Date: 05/18/2020
Portfolio Ending Date: 02/18/2022
Tax Structure: Grantor
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $8.9991
POP(*): $9.2062
Remaining Deferred Sales Charge: $0.1500
* As of Trade Date: 05/22/2020 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 5/22/2020) Per Unit (as of 5/22/2020)
0.91% $0.08380
^ 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 14.10%
Consumer Discretionary  Consumer Discretionary 7.44%
Consumer Staples  Consumer Staples 4.69%
Energy  Energy 6.80%
Financials  Financials 0.00%
Health Care  Health Care 23.92%
Industrials  Industrials 17.26%
Information Technology  Information Technology 21.53%
Materials  Materials 4.18%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.08%
  Large Mid Small  
Growth  6.08% 34.63% 33.29%  
Value  15.53% 7.17% 3.22%  

 Style Weighting
Large-Cap Growth 6.08%
Large-Cap Value 15.53%
Mid-Cap Growth 34.63%
Mid-Cap Value 7.17%
Small-Cap Growth 33.29%
Small-Cap Value 3.22%
Undetermined 0.08%
U.S. Stocks 90.48%   Other 0.08%
Non-U.S. Stocks 9.44%      
The style and sector characteristics of the portfolio are determined as of 05/22/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $15,646.27
Price/Earnings 16.29
Price/Book 3.26
As of 5/22/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Cabot Oil & Gas Corporation COG Energy  Energy Mid-Cap Growth 6.80%
 ABIOMED, Inc. ABMD Health Care  Health Care Mid-Cap Growth 6.59%
 Ciena Corporation CIEN Information Technology  Information Technology Mid-Cap Growth 6.51%
 Corcept Therapeutics Incorporated CORT Health Care  Health Care Small-Cap Growth 6.29%
 eBay Inc. EBAY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 6.08%
 Ligand Pharmaceuticals Inc. (Class B) LGND Health Care  Health Care Small-Cap Growth 5.93%
 Electronic Arts Inc. EA Communication Services  Communication Services Large-Cap Value 5.82%
 Brooks Automation, Inc. BRKS Information Technology  Information Technology Small-Cap Growth 5.29%
 T-Mobile US, Inc. TMUS Communication Services  Communication Services Large-Cap Value 5.29%
 Innoviva, Inc. INVA Health Care  Health Care Small-Cap Growth 5.11%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 5.02%
 CoreLogic, Inc. CLGX Industrials  Industrials Mid-Cap Growth 5.00%
 Maxim Integrated Products, Inc. MXIM Information Technology  Information Technology Mid-Cap Growth 4.71%
 Medifast, Inc. MED Consumer Staples  Consumer Staples Small-Cap Growth 4.69%
 Patrick Industries, Inc. PATK Industrials  Industrials Small-Cap Growth 4.62%
 IHS Markit Ltd. INFO Industrials  Industrials Large-Cap Value 4.42%
 Ashland Global Holdings Inc. ASH Materials  Materials Mid-Cap Value 4.18%
 Harsco Corporation HSC Industrials  Industrials Small-Cap Value 3.22%
 ViacomCBS Inc. VIAC Communication Services  Communication Services Mid-Cap Value 2.99%
 Dave & Buster's Entertainment, Inc. PLAY Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.36%
Total Number of Holdings:    20
Underlying Securities information represented above is as of 05/22/2020 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 May 20, 2020
$0.07500 June 19, 2020
$0.07500 July 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.

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.

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.

Fund Cusip Information
30312V622 (Cash)
30312V630 (Reinvest)
30312V648 (Cash-Fee)
30312V655 (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.