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Key 3, 11  Ticker: FVFOPX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in companies in the communication services, health care and information technology sectors.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: K3GR11
Portfolio Status: Primary
Initial Offer Date: 06/26/2020
Portfolio Ending Date: 06/27/2022
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.7809
POP(*): $11.0343
Remaining Deferred Sales Charge: $0.2250
* As of Trade Date: 08/13/2020 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 8/13/2020) Per Unit (as of 8/10/2020)
0.90% $0.09950
^ 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 33.66%
Consumer Discretionary  Consumer Discretionary 0.00%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 0.00%
Financials  Financials 0.00%
Health Care  Health Care 32.77%
Industrials  Industrials 0.00%
Information Technology  Information Technology 33.47%
Materials  Materials 0.00%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.10%
 
  Large Mid Small  
Growth  52.86% 0.00% 0.00%  
Value  47.04% 0.00% 0.00%  

 Style Weighting
Large-Cap Growth 52.86%
Large-Cap Value 47.04%
Mid-Cap Growth 0.00%
Mid-Cap Value 0.00%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.10%
 Composition
U.S. Stocks 96.64%   Other 0.10%
Non-U.S. Stocks 3.26%      
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 $340,194.20
Price/Earnings 28.21
Price/Book 5.31
As of 8/12/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 NVIDIA Corporation NVDA Information Technology  Information Technology Large-Cap Growth 3.75%
 Intuitive Surgical, Inc. ISRG Health Care  Health Care Large-Cap Growth 3.73%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Growth 3.70%
 The Walt Disney Company DIS Communication Services  Communication Services Large-Cap Value 3.67%
 Thermo Fisher Scientific Inc. TMO Health Care  Health Care Large-Cap Value 3.64%
 Charter Communications, Inc. CHTR Communication Services  Communication Services Large-Cap Value 3.60%
 Comcast Corporation (Class A) CMCSA Communication Services  Communication Services Large-Cap Value 3.45%
 Applied Materials, Inc. AMAT Information Technology  Information Technology Large-Cap Growth 3.41%
 Facebook, Inc. (Class A) FB Communication Services  Communication Services Large-Cap Growth 3.41%
 Mastercard Incorporated MA Information Technology  Information Technology Large-Cap Growth 3.40%
 Bristol-Myers Squibb Company BMY Health Care  Health Care Large-Cap Value 3.37%
 Merck & Co., Inc. MRK Health Care  Health Care Large-Cap Growth 3.34%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Value 3.34%
 Verizon Communications Inc. VZ Communication Services  Communication Services Large-Cap Value 3.33%
 Activision Blizzard, Inc. ATVI Communication Services  Communication Services Large-Cap Value 3.30%
 Alphabet Inc. (Class C) GOOG Communication Services  Communication Services Large-Cap Value 3.29%
 Electronic Arts Inc. EA Communication Services  Communication Services Large-Cap Value 3.28%
 Broadcom Inc. AVGO Information Technology  Information Technology Large-Cap Value 3.28%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 3.27%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 3.26%
 T-Mobile US, Inc. TMUS Communication Services  Communication Services Large-Cap Value 3.21%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 3.20%
 Adobe Incorporated ADBE Information Technology  Information Technology Large-Cap Growth 3.16%
 salesforce.com, inc. CRM Information Technology  Information Technology Large-Cap Value 3.16%
 Visa Inc. (Class A) V Information Technology  Information Technology Large-Cap Growth 3.15%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 3.12%
 Netflix, Inc. NFLX Communication Services  Communication Services Large-Cap Growth 3.12%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 3.03%
 Regeneron Pharmaceuticals, Inc. REGN Health Care  Health Care Large-Cap Growth 3.01%
 Eli Lilly and Company LLY Health Care  Health Care Large-Cap Growth 2.92%
 
Total Number of Holdings:    30
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:  0.26%
  Deferred:  2.04%
C&D Fee:    0.45%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30314T625 Cash Semi-Annual
30314T633 Reinvest Semi-Annual
* Based on the offer price as of 08/13/2020 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.46%
Maximum Sales Charge:   0.46%
CUSIP Type Distribution
30314T641 Cash-Fee Semi-Annual
30314T658 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 08/13/2020 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 October 20, 2020
$0.07500 November 20, 2020
$0.07500 December 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.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

Financials Risk. The companies engaged in the financials sector are subject to the adverse effects of volatile interest rates, economic recession, decreases in the availability of capital, increased competition from new entrants in the field, and potential increased regulation.

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.

Health Care Risk. The companies engaged in the health care sector are subject to fierce competition, high research and development costs, governmental regulations, loss of patent protection, and changing consumer spending trends. In addition, health crises, such as a pandemic outbreak, can severely impact the health care industry in particular.

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

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
30314T625 (Cash)
30314T633 (Reinvest)
30314T641 (Cash-Fee)
30314T658 (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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