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High Dividend Equity Allocation, 36  Ticker: FIPKXX
 
Description
A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income by investing in a broad range of companies that we believe have shown a solid history of distributing dividends to shareholders.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: HDEA36
Portfolio Status: Primary
Initial Offer Date: 08/21/2020
Portfolio Ending Date: 08/22/2022
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $11.5925
POP(*): $11.8689
Remaining Deferred Sales Charge: $0.0750
* As of Trade Date: 01/15/2021 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 1/15/2021) Per Unit (as of 1/11/2021)
2.88% $0.34220
^ 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 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 7.18%
Consumer Discretionary  Consumer Discretionary 6.49%
Consumer Staples  Consumer Staples 11.76%
Energy  Energy 3.92%
Financials  Financials 22.99%
Health Care  Health Care 4.84%
Industrials  Industrials 9.31%
Information Technology  Information Technology 7.37%
Materials  Materials 16.33%
Real Estate  Real Estate 0.00%
Utilities  Utilities 7.86%
Other  Other 1.95%
 
  Large Mid Small  
Growth  8.44% 4.16% 5.42%  
Value  48.31% 27.19% 4.53%  

 Style Weighting
Large-Cap Growth 8.44%
Large-Cap Value 48.31%
Mid-Cap Growth 4.16%
Mid-Cap Value 27.19%
Small-Cap Growth 5.42%
Small-Cap Value 4.53%
Undetermined 1.95%
 Composition
U.S. Stocks 57.83%   Other 1.95%
Non-U.S. Stocks 40.22%      
The style and sector characteristics of the portfolio are determined as of 01/14/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $59,117.89
Price/Earnings 14.10
Price/Book 1.72
As of 1/14/2021
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Evercore Inc. EVR Financials  Financials Small-Cap Growth 2.25%
 ViacomCBS Inc. VIAC Communication Services  Communication Services Large-Cap Value 2.04%
 Citizens Financial Group, Inc. CFG Financials  Financials Mid-Cap Value 2.02%
 Banco Santander (Mexico), S.A. (Series B) (ADR) BSMX Financials  Financials Mid-Cap Value 1.86%
 Anglo American Plc (ADR) NGLOY Materials  Materials Large-Cap Value 1.84%
 F.N.B. Corporation FNB Financials  Financials Small-Cap Value 1.83%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 1.79%
 Eastman Chemical Company EMN Materials  Materials Mid-Cap Value 1.77%
 Packaging Corporation of America PKG Materials  Materials Mid-Cap Value 1.74%
 JPMorgan Chase & Co. JPM Financials  Financials Large-Cap Value 1.72%
 HP Inc. HPQ Information Technology  Information Technology Large-Cap Growth 1.68%
 Komatsu Ltd. (ADR) KMTUY Industrials  Industrials Large-Cap Value 1.66%
 Citigroup Inc. C Financials  Financials Large-Cap Value 1.65%
 MetLife, Inc. MET Financials  Financials Large-Cap Value 1.64%
 KB Financial Group Inc. (ADR) KB Financials  Financials Mid-Cap Value 1.63%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 1.61%
 DBS Group Holdings Ltd. (ADR) DBSDY Financials  Financials Large-Cap Value 1.60%
 BHP Group Ltd (ADR) BHP Materials  Materials Large-Cap Value 1.59%
 MMC Norilsk Nickel PJSC (ADR) NILSY Materials  Materials Large-Cap Growth 1.59%
 Silicon Motion Technology Corporation (ADR) SIMO Information Technology  Information Technology Small-Cap Growth 1.59%
 Steel Dynamics, Inc. STLD Materials  Materials Mid-Cap Value 1.58%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 1.58%
 Medifast, Inc. MED Consumer Staples  Consumer Staples Small-Cap Growth 1.58%
 Sysco Corporation SYY Consumer Staples  Consumer Staples Large-Cap Growth 1.55%
 The Bank of Nova Scotia BNS Financials  Financials Large-Cap Value 1.54%
 PT Telekomunikasi Indonesia (ADR) TLK Communication Services  Communication Services Large-Cap Value 1.50%
 Bayerische Motoren Werke AG (ADR) BMWYY Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.48%
 Nucor Corporation NUE Materials  Materials Mid-Cap Value 1.47%
 Principal Financial Group, Inc. PFG Financials  Financials Mid-Cap Value 1.47%
 ConocoPhillips COP Energy  Energy Large-Cap Value 1.47%
 Archer-Daniels-Midland Company ADM Consumer Staples  Consumer Staples Large-Cap Value 1.45%
 Steelcase Inc. SCS Industrials  Industrials Small-Cap Value 1.45%
 Fidelity National Financial, Inc. FNF Financials  Financials Mid-Cap Value 1.44%
 Enel SpA (ADR) ENLAY Utilities  Utilities Large-Cap Value 1.40%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 1.39%
 Exelon Corporation EXC Utilities  Utilities Large-Cap Value 1.39%
 LUKOIL PJSC (ADR) LUKOY Energy  Energy Large-Cap Value 1.39%
 NRG Energy, Inc. NRG Utilities  Utilities Mid-Cap Growth 1.38%
 Enel Americas S.A. (ADR) ENIA Utilities  Utilities Mid-Cap Value 1.36%
 Sonoco Products Company SON Materials  Materials Mid-Cap Value 1.35%
 British American Tobacco Plc (ADR) BTI Consumer Staples  Consumer Staples Large-Cap Value 1.35%
 Honda Motor Co., Ltd. (ADR) HMC Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.34%
 Snap-on Incorporated SNA Industrials  Industrials Mid-Cap Value 1.33%
 Public Service Enterprise Group Incorporated PEG Utilities  Utilities Large-Cap Value 1.27%
 Siemens AG (ADR) SIEGY Industrials  Industrials Large-Cap Value 1.27%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY Communication Services  Communication Services Large-Cap Value 1.27%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Value 1.26%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Value 1.26%
 M.D.C. Holdings, Inc. MDC Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.25%
 The Coca-Cola Company KO Consumer Staples  Consumer Staples Large-Cap Growth 1.23%
 Deutsche Telekom AG (ADR) DTEGY Communication Services  Communication Services Large-Cap Value 1.23%
 First American Financial Corporation FAF Financials  Financials Mid-Cap Value 1.23%
 PACCAR Inc PCAR Industrials  Industrials Large-Cap Value 1.22%
 Whirlpool Corporation WHR Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.22%
 3M Company MMM Industrials  Industrials Large-Cap Growth 1.22%
 The J.M. Smucker Company SJM Consumer Staples  Consumer Staples Mid-Cap Value 1.21%
 Hanesbrands Inc. HBI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.20%
 Ingredion Incorporated INGR Consumer Staples  Consumer Staples Mid-Cap Value 1.19%
 Unilever Plc (ADR) UL Consumer Staples  Consumer Staples Large-Cap Growth 1.17%
 BAE Systems Plc (ADR) BAESY Industrials  Industrials Mid-Cap Value 1.16%
 Verizon Communications Inc. VZ Communication Services  Communication Services Large-Cap Value 1.14%
 Pfizer Inc. PFE Health Care  Health Care Large-Cap Value 1.13%
 Sanofi (ADR) SNY Health Care  Health Care Large-Cap Value 1.13%
 GlaxoSmithKline Plc (ADR) GSK Health Care  Health Care Large-Cap Value 1.12%
 China Life Insurance Co., Limited (ADR) LFC Financials  Financials Large-Cap Value 1.11%
 Alliant Energy Corporation LNT Utilities  Utilities Mid-Cap Value 1.06%
 TC Energy Corporation TRP Energy  Energy Large-Cap Value 1.06%
 Reynolds Consumer Products Inc. REYN Consumer Staples  Consumer Staples Mid-Cap Value 1.03%
 Viatris Inc. VTRS Health Care  Health Care Mid-Cap Value 0.07%
 
Total Number of Holdings:    69
Underlying Securities information represented above is as of 01/14/2021 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  1.70%
  Deferred:  0.63%
C&D Fee:    0.42%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30315G382 Cash Monthly
30315G390 Reinvest Monthly
* Based on the offer price as of 01/15/2021 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.43%
Maximum Sales Charge:   0.43%
CUSIP Type Distribution
30315G408 Cash-Fee Monthly
30315G416 Reinvest-Fee Monthly
* Based on the NAV price as of 01/15/2021 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 December 18, 2020
$0.07500 January 20, 2021
$0.07500 February 19, 2021

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.

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 COVID-19 global pandemic has resulted in major disruptions to economies and markets around the world. Financial markets have experienced extreme volatility and severe losses, negatively impacting global economic growth prospects. The duration of the COVID-19 outbreak and its effects cannot be determined with certainty and may exacerbate other political, social and economic risks.

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.

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.

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
30315G382 (Cash)
30315G390 (Reinvest)
30315G408 (Cash-Fee)
30315G416 (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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