European Deep Value Dividend, 28  Ticker: FQAVLX
 
Description
A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income by investing in a portfolio of 30 European companies that currently have low price-to-earnings ratios in addition to above-average dividend yields.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: EDVD28
Portfolio Status: Primary
Initial Offer Date: 10/28/2020
Portfolio Ending Date: 10/28/2022
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $12.7201
POP(*): $13.0283
Remaining Deferred Sales Charge: $0.1500
* As of Trade Date: 02/23/2021 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 2/23/2021) Per Unit (as of 2/22/2021)
1.88% $0.24460
^ 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 4.23%
Consumer Discretionary  Consumer Discretionary 13.83%
Consumer Staples  Consumer Staples 9.16%
Energy  Energy 6.97%
Financials  Financials 17.93%
Health Care  Health Care 10.44%
Industrials  Industrials 13.90%
Information Technology  Information Technology 0.00%
Materials  Materials 17.53%
Real Estate  Real Estate 0.00%
Utilities  Utilities 6.01%
Other  Other 0.00%
 
  Large Mid Small  
Growth  2.58% 4.18% 7.04%  
Value  21.68% 48.89% 15.63%  

 Style Weighting
Large-Cap Growth 2.58%
Large-Cap Value 21.68%
Mid-Cap Growth 4.18%
Mid-Cap Value 48.89%
Small-Cap Growth 7.04%
Small-Cap Value 15.63%
Undetermined 0.00%
 Composition
U.S. Stocks 0.00%   Other 0.00%
Non-U.S. Stocks 100.00%      
The style and sector characteristics of the portfolio are determined as of 02/23/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $32,879.01
Price/Book 1.30
As of 2/23/2021
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Publicis Groupe PUB.FP Communication Services  Communication Services Mid-Cap Value 4.23%
 Lundin Energy AB LUNE.SS Energy  Energy Mid-Cap Growth 4.18%
 Anglo American Plc AAL.LN Materials  Materials Large-Cap Value 4.14%
 CaixaBank, S.A. CABK.SM Financials  Financials Mid-Cap Value 3.96%
 Aviva Plc AV/.LN Financials  Financials Mid-Cap Value 3.92%
 Porsche Automobil Holding SE PAH3.GY Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.69%
 Boliden AB BOL.SS Materials  Materials Mid-Cap Value 3.66%
 Thales S.A. HO.FP Industrials  Industrials Mid-Cap Value 3.61%
 Valmet Oyj VALMT.FH Industrials  Industrials Small-Cap Growth 3.58%
 Bellway Plc BWY.LN Consumer Discretionary  Consumer Discretionary Small-Cap Value 3.48%
 IMI Plc IMI.LN Industrials  Industrials Small-Cap Growth 3.46%
 Volkswagen AG (Preference Shares) VOW3.GY Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.45%
 ASR Nederland N.V. ASRNL.NA Financials  Financials Mid-Cap Value 3.44%
 Glanbia Plc GLB.LN Consumer Staples  Consumer Staples Small-Cap Value 3.42%
 Allianz SE ALV.GY Financials  Financials Large-Cap Value 3.37%
 Fortum Oyj FORTUM.FH Utilities  Utilities Mid-Cap Value 3.36%
 Tate & Lyle Plc TATE.LN Consumer Staples  Consumer Staples Small-Cap Value 3.29%
 CRH Plc CRH.LN Materials  Materials Large-Cap Value 3.26%
 Skanska AB (Class B) SKAB.SS Industrials  Industrials Mid-Cap Value 3.25%
 NN Group N.V. NN.NA Financials  Financials Mid-Cap Value 3.24%
 Mondi Plc MNDI.LN Materials  Materials Mid-Cap Value 3.24%
 Smurfit Kappa Group Plc SKG.LN Materials  Materials Mid-Cap Value 3.23%
 Persimmon Plc PSN.LN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.21%
 Fresenius SE & Co. KGaA FRE.GY Health Care  Health Care Mid-Cap Value 2.85%
 SBM Offshore N.V. SBMO.NA Energy  Energy Small-Cap Value 2.79%
 Italgas SpA IG.IM Utilities  Utilities Small-Cap Value 2.65%
 Roche Holding AG ROG.SW Health Care  Health Care Large-Cap Growth 2.58%
 Sanofi SAN.FP Health Care  Health Care Large-Cap Value 2.51%
 GlaxoSmithKline Plc GSK.LN Health Care  Health Care Large-Cap Value 2.50%
 Koninklijke Ahold Delhaize N.V. AD.NA Consumer Staples  Consumer Staples Large-Cap Value 2.45%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 02/23/2021 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  1.22%
  Deferred:  1.15%
C&D Fee:    0.38%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30315U787 Cash Monthly
30315U795 Reinvest Monthly
* Based on the offer price as of 02/23/2021 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.39%
Maximum Sales Charge:   0.39%
CUSIP Type Distribution
30315U803 Cash-Fee Monthly
30315U811 Reinvest-Fee Monthly
* Based on the NAV price as of 02/23/2021 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 February 19, 2021
$0.07500 March 19, 2021
$0.07500 April 20, 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.

Brexit Risk. About one year after the United Kingdom officially departed the European Union (commonly referred to as "Brexit"), the United Kingdom and the European Union reached a trade agreement that became effective on December 31, 2020. It is not currently possible to determine the extent of the impact the Brexit trade agreement may have on the portfolio's investments and this uncertainty could negatively impact current and future economic conditions in the United Kingdom and other countries, which could negatively impact the value of the portfolio's investments.

Buy & Hold Risk – Tax-Free Trusts. This UIT is a buy and hold strategy and investors should consider their ability to hold the trust until maturity.

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.

Europe Concentration Risk. Because the portfolio is concentrated in companies headquartered in Europe, the portfolio may present more risks than a portfolio which is broadly diversified over several regions.

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.

United Kingdom Concentration Risk. Because the portfolio is concentrated in companies headquartered in the United Kingdom, it may present more risks than a portfolio which is broadly diversified over several regions.

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.