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       
 
 

Income Dividend Equity Allocation (IDEA), 25  Ticker: FPQRWX
 
Description
This unit investment trust 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: IDEA25
Portfolio Status: Primary
Initial Offer Date: 06/16/2020
Portfolio Ending Date: 06/16/2022
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.3268
POP(*): $10.5674
Remaining Deferred Sales Charge: $0.2250
* 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)
1.76% $0.18640
^ 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 0.00%
Consumer Discretionary  Consumer Discretionary 12.55%
Consumer Staples  Consumer Staples 10.37%
Energy  Energy 1.91%
Financials  Financials 17.32%
Health Care  Health Care 7.96%
Industrials  Industrials 22.96%
Information Technology  Information Technology 14.10%
Materials  Materials 6.73%
Real Estate  Real Estate 0.00%
Utilities  Utilities 6.01%
Other  Other 0.09%
 
  Large Mid Small  
Growth  41.59% 12.57% 0.00%  
Value  31.87% 11.86% 2.02%  

 Style Weighting
Large-Cap Growth 41.59%
Large-Cap Value 31.87%
Mid-Cap Growth 12.57%
Mid-Cap Value 11.86%
Small-Cap Growth 0.00%
Small-Cap Value 2.02%
Undetermined 0.09%
 Composition
U.S. Stocks 87.51%   Other 0.09%
Non-U.S. Stocks 12.40%      
The style and sector characteristics of the portfolio are determined as of 08/12/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $119,909.81
Price/Earnings 25.47
Price/Book 3.62
As of 8/12/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Air Products and Chemicals, Inc. APD Materials  Materials Large-Cap Value 2.27%
 Graco Inc. GGG Industrials  Industrials Mid-Cap Growth 2.26%
 Linde Plc LIN Materials  Materials Large-Cap Value 2.26%
 Illinois Tool Works Inc. ITW Industrials  Industrials Large-Cap Growth 2.25%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.24%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 2.23%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 2.22%
 PPG Industries, Inc. PPG Materials  Materials Large-Cap Growth 2.20%
 Expeditors International of Washington, Inc. EXPD Industrials  Industrials Mid-Cap Growth 2.20%
 Snap-on Incorporated SNA Industrials  Industrials Mid-Cap Value 2.18%
 Donaldson Company, Inc. DCI Industrials  Industrials Mid-Cap Growth 2.18%
 American Water Works Company, Inc. AWK Utilities  Utilities Large-Cap Value 2.15%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 2.14%
 Rockwell Automation, Inc. ROK Industrials  Industrials Large-Cap Growth 2.14%
 Polaris Inc. PII Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.13%
 T. Rowe Price Group, Inc. TROW Financials  Financials Large-Cap Value 2.12%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.11%
 Brown & Brown, Inc. BRO Financials  Financials Mid-Cap Value 2.11%
 The TJX Companies, Inc. TJX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.10%
 Medtronic Plc MDT Health Care  Health Care Large-Cap Value 2.09%
 The Clorox Company CLX Consumer Staples  Consumer Staples Large-Cap Growth 2.06%
 Becton, Dickinson and Company BDX Health Care  Health Care Large-Cap Value 2.05%
 Mastercard Incorporated MA Information Technology  Information Technology Large-Cap Growth 2.05%
 NIKE, Inc. (Class B) NKE Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.03%
 Nestle S.A. (ADR) NSRGY Consumer Staples  Consumer Staples Large-Cap Growth 2.03%
 PepsiCo, Inc. PEP Consumer Staples  Consumer Staples Large-Cap Growth 2.03%
 Colgate-Palmolive Company CL Consumer Staples  Consumer Staples Large-Cap Growth 2.02%
 New Jersey Resources Corporation NJR Utilities  Utilities Small-Cap Value 2.02%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 2.01%
 Nordson Corporation NDSN Industrials  Industrials Mid-Cap Growth 2.00%
 Northern Trust Corporation NTRS Financials  Financials Mid-Cap Value 1.96%
 Fidelity National Information Services, Inc. FIS Information Technology  Information Technology Large-Cap Value 1.96%
 3M Company MMM Industrials  Industrials Large-Cap Growth 1.96%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Value 1.95%
 Oracle Corporation ORCL Information Technology  Information Technology Large-Cap Growth 1.94%
 Stryker Corporation SYK Health Care  Health Care Large-Cap Value 1.94%
 Starbucks Corporation SBUX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.94%
 Chubb Limited CB Financials  Financials Large-Cap Value 1.92%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 1.91%
 Analog Devices, Inc. ADI Information Technology  Information Technology Large-Cap Value 1.90%
 Paychex, Inc. PAYX Information Technology  Information Technology Large-Cap Growth 1.89%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Value 1.88%
 M&T Bank Corporation MTB Financials  Financials Mid-Cap Value 1.88%
 Commerce Bancshares, Inc. CBSH Financials  Financials Mid-Cap Value 1.87%
 Cullen/Frost Bankers, Inc. CFR Financials  Financials Mid-Cap Value 1.86%
 The Southern Company SO Utilities  Utilities Large-Cap Value 1.84%
 Raytheon Technologies Corporation RTX Industrials  Industrials Large-Cap Value 1.83%
 The Charles Schwab Corporation SCHW Financials  Financials Large-Cap Value 1.80%
 SEI Investments Company SEIC Financials  Financials Mid-Cap Growth 1.80%
 
Total Number of Holdings:    49
Underlying Securities information represented above is as of 08/12/2020 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.15%
  Deferred:  2.13%
C&D Fee:    0.47%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30314Q647 Cash Monthly
30314Q654 Reinvest Monthly
* Based on the offer price as of 08/12/2020 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.48%
Maximum Sales Charge:   0.48%
CUSIP Type Distribution
30314Q662 Cash-Fee Monthly
30314Q670 Reinvest-Fee Monthly
* Based on the NAV price as of 08/12/2020 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 September 18, 2020
$0.07500 October 20, 2020
$0.07500 November 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.

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.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

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
30314Q647 (Cash)
30314Q654 (Reinvest)
30314Q662 (Cash-Fee)
30314Q670 (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.