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 Triad, 2nd Qtr 2020  Ticker: FBDWFX
 
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: TR2Q20
Portfolio Status: Secondary
Initial Offer Date: 04/13/2020
Secondary Date: 07/10/2020
Portfolio Ending Date: 07/09/2021
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $12.2797
POP(*): $12.4477
Remaining Deferred Sales Charge: $0.0900
* As of Trade Date: 08/12/2020 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 8/12/2020) Per Unit (as of 8/10/2020)
1.61% $0.20040
^ 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 9.96%
Consumer Discretionary  Consumer Discretionary 9.93%
Consumer Staples  Consumer Staples 5.39%
Energy  Energy 5.61%
Financials  Financials 13.84%
Health Care  Health Care 14.12%
Industrials  Industrials 13.15%
Information Technology  Information Technology 14.58%
Materials  Materials 10.44%
Real Estate  Real Estate 0.00%
Utilities  Utilities 2.76%
Other  Other 0.22%
 
  Large Mid Small  
Growth  35.94% 6.36% 6.54%  
Value  23.51% 15.10% 12.33%  

 Style Weighting
Large-Cap Growth 35.94%
Large-Cap Value 23.51%
Mid-Cap Growth 6.36%
Mid-Cap Value 15.10%
Small-Cap Growth 6.54%
Small-Cap Value 12.33%
Undetermined 0.22%
 Composition
U.S. Stocks 79.00%   Other 0.22%
Non-U.S. Stocks 20.78%      
The style and sector characteristics of the portfolio are determined as of 08/11/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $74,358.18
Price/Earnings 16.47
Price/Book 1.93
As of 8/11/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Kinross Gold Corporation KGC Materials  Materials Mid-Cap Value 2.61%
 Lowe's Companies, Inc. LOW Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.55%
 DexCom, Inc. DXCM Health Care  Health Care Large-Cap Growth 2.48%
 ServiceNow, Inc. NOW Information Technology  Information Technology Large-Cap Growth 2.41%
 Cadence Design Systems, Inc. CDNS Information Technology  Information Technology Large-Cap Growth 2.28%
 Fair Isaac Corporation FICO Information Technology  Information Technology Mid-Cap Growth 2.20%
 Rockwell Automation, Inc. ROK Industrials  Industrials Large-Cap Growth 2.17%
 Copart, Inc. CPRT Industrials  Industrials Large-Cap Growth 2.17%
 GCI Liberty, Inc. (Class A) GLIBA Communication Services  Communication Services Mid-Cap Value 2.13%
 Monster Beverage Corporation MNST Consumer Staples  Consumer Staples Large-Cap Growth 2.09%
 FactSet Research Systems Inc. FDS Financials  Financials Mid-Cap Growth 2.04%
 Canadian Pacific Railway Limited CP Industrials  Industrials Large-Cap Growth 2.02%
 Barrick Gold Corporation GOLD Materials  Materials Large-Cap Value 2.00%
 Mettler-Toledo International Inc. MTD Health Care  Health Care Large-Cap Growth 2.00%
 Electronic Arts Inc. EA Communication Services  Communication Services Large-Cap Value 1.97%
 Netflix, Inc. NFLX Communication Services  Communication Services Large-Cap Growth 1.97%
 Bio-Rad Laboratories, Inc. (Class A) BIO Health Care  Health Care Mid-Cap Value 1.95%
 Newmont Corporation NEM Materials  Materials Large-Cap Value 1.94%
 Moody's Corporation MCO Financials  Financials Large-Cap Growth 1.91%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 1.90%
 NIKE, Inc. (Class B) NKE Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.90%
 Humana Inc. HUM Health Care  Health Care Large-Cap Value 1.88%
 Mastercard Incorporated MA Information Technology  Information Technology Large-Cap Growth 1.88%
 The Progressive Corporation PGR Financials  Financials Large-Cap Value 1.77%
 Big Lots, Inc. BIG Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.76%
 Thomson Reuters Corporation TRI Industrials  Industrials Large-Cap Value 1.66%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 1.65%
 Eli Lilly and Company LLY Health Care  Health Care Large-Cap Growth 1.59%
 AON Plc AON Financials  Financials Large-Cap Growth 1.58%
 Citrix Systems, Inc. CTXS Information Technology  Information Technology Mid-Cap Growth 1.43%
 Biogen Inc. BIIB Health Care  Health Care Large-Cap Value 1.40%
 The Chemours Company CC Materials  Materials Small-Cap Growth 1.28%
 Nu Skin Enterprises, Inc. (Class A) NUS Consumer Staples  Consumer Staples Small-Cap Growth 1.23%
 B&G Foods, Inc. BGS Consumer Staples  Consumer Staples Small-Cap Growth 1.01%
 Wabash National Corporation WNC Industrials  Industrials Small-Cap Value 0.99%
 ViacomCBS Inc. VIAC Communication Services  Communication Services Mid-Cap Value 0.98%
 Dana Inc. DAN Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.94%
 Cimarex Energy Co. XEC Energy  Energy Small-Cap Value 0.92%
 The Greenbrier Companies, Inc. GBX Industrials  Industrials Small-Cap Value 0.90%
 Methanex Corporation MEOH Materials  Materials Small-Cap Value 0.88%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 0.88%
 Penske Automotive Group, Inc. PAG Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.87%
 Sinclair Broadcast Group, Inc. SBGI Communication Services  Communication Services Small-Cap Value 0.82%
 Quest Diagnostics Incorporated DGX Health Care  Health Care Mid-Cap Value 0.80%
 Knoll, Inc. KNL Industrials  Industrials Small-Cap Value 0.80%
 Ryder System, Inc. R Industrials  Industrials Small-Cap Value 0.79%
 Kohl's Corporation KSS Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.77%
 Citizens Financial Group, Inc. CFG Financials  Financials Mid-Cap Value 0.76%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 0.75%
 Unum Group UNM Financials  Financials Mid-Cap Value 0.74%
 Trinseo S.A. TSE Materials  Materials Small-Cap Growth 0.74%
 CenterPoint Energy, Inc. CNP Utilities  Utilities Mid-Cap Value 0.72%
 UGI Corporation UGI Utilities  Utilities Mid-Cap Value 0.71%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 0.70%
 HP Inc. HPQ Information Technology  Information Technology Large-Cap Growth 0.69%
 Alliance Data Systems Corporation ADS Information Technology  Information Technology Small-Cap Value 0.69%
 NRG Energy, Inc. NRG Utilities  Utilities Mid-Cap Growth 0.69%
 Anthem, Inc. ANTM Health Care  Health Care Large-Cap Value 0.68%
 CIT Group Inc. CIT Financials  Financials Small-Cap Value 0.65%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 0.64%
 Pfizer Inc. PFE Health Care  Health Care Large-Cap Value 0.64%
 The Marcus Corporation MCS Communication Services  Communication Services Small-Cap Value 0.64%
 Cinemark Holdings, Inc. CNK Communication Services  Communication Services Small-Cap Value 0.61%
 WestRock Company WRK Materials  Materials Mid-Cap Value 0.59%
 Universal Corporation UVV Consumer Staples  Consumer Staples Small-Cap Value 0.58%
 HollyFrontier Corporation HFC Energy  Energy Mid-Cap Value 0.58%
 Hewlett Packard Enterprise Company HPE Information Technology  Information Technology Mid-Cap Value 0.58%
 Ituran Location and Control Ltd. ITRN Information Technology  Information Technology Small-Cap Growth 0.52%
 Molson Coors Beverage Company TAP Consumer Staples  Consumer Staples Mid-Cap Value 0.48%
 Delek US Holdings, Inc. DK Energy  Energy Small-Cap Value 0.48%
 Canadian Natural Resources Limited CNQ Energy  Energy Large-Cap Value 0.47%
 Magna International Inc. (Class A) MGA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.46%
 ING Groep N.V. (ADR) ING Financials  Financials Large-Cap Value 0.44%
 Credit Suisse Group AG (ADR) CS Financials  Financials Large-Cap Value 0.42%
 POSCO (ADR) PKX Materials  Materials Mid-Cap Value 0.40%
 Petroleo Brasileiro S.A. - Petrobras (ADR) PBR Energy  Energy Large-Cap Value 0.40%
 UBS Group AG UBS Financials  Financials Large-Cap Value 0.40%
 Barclays Plc (ADR) BCS Financials  Financials Large-Cap Value 0.39%
 Manulife Financial Corporation MFC Financials  Financials Large-Cap Value 0.39%
 Equinor ASA EQNR Energy  Energy Large-Cap Value 0.38%
 Honda Motor Co., Ltd. (ADR) HMC Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.36%
 Sumitomo Mitsui Financial Group, Inc. (ADR) SMFG Financials  Financials Large-Cap Value 0.36%
 Total SE (ADR) TOT Energy  Energy Large-Cap Value 0.34%
 Natwest Group PLC NWG Financials  Financials Mid-Cap Value 0.34%
 Toyota Motor Corporation (ADR) TM Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.32%
 Suncor Energy Inc. SU Energy  Energy Large-Cap Value 0.32%
 Banco Santander S.A. (ADR) SAN Financials  Financials Large-Cap Value 0.30%
 Lloyds Banking Group Plc (ADR) LYG Financials  Financials Large-Cap Value 0.30%
 Banco Bilbao Vizcaya Argentaria, S.A. (ADR) BBVA Financials  Financials Large-Cap Value 0.30%
 Eni SpA (ADR) E Energy  Energy Large-Cap Value 0.29%
 BP Plc (ADR) BP Energy  Energy Large-Cap Value 0.29%
 Orange (ADR) ORAN Communication Services  Communication Services Large-Cap Value 0.29%
 Telefonica, S.A. (ADR) TEF Communication Services  Communication Services Large-Cap Value 0.28%
 China Unicom (Hong Kong) Limited (ADR) CHU Communication Services  Communication Services Mid-Cap Value 0.27%
 Royal Dutch Shell Plc (ADR) RDS/A Energy  Energy Large-Cap Value 0.26%
 
Total Number of Holdings:    95
Underlying Securities information represented above is as of 08/11/2020 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 July 20, 2020
$0.04500 August 20, 2020
$0.04500 September 18, 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.

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 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.

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.

Fund Cusip Information
30313J347 (Cash)
30313J354 (Reinvest)
30313J362 (Cash-Fee)
30313J370 (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 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)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2020 All rights reserved.