Equity Income Select, 67  Ticker: FZRWJX
 
Description
A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income by investing in a fixed portfolio of equity securities.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: EQ2Y67
Portfolio Status: Secondary
Initial Offer Date: 10/23/2020
Secondary Date: 01/20/2021
Portfolio Ending Date: 10/24/2022
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $11.0723
POP(*): $11.3272
Remaining Deferred Sales Charge: $0.1500
* As of Trade Date: 02/25/2021 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 2/25/2021) Per Unit (as of 2/22/2021)
2.80% $0.31680
^ 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 2.84%
Consumer Discretionary  Consumer Discretionary 5.97%
Consumer Staples  Consumer Staples 8.50%
Energy  Energy 4.01%
Financials  Financials 16.33%
Health Care  Health Care 18.84%
Industrials  Industrials 16.19%
Information Technology  Information Technology 17.38%
Materials  Materials 4.38%
Real Estate  Real Estate 0.00%
Utilities  Utilities 5.35%
Other  Other 0.21%
 
  Large Mid Small  
Growth  38.02% 0.00% 0.00%  
Value  61.63% 0.14% 0.00%  

 Style Weighting
Large-Cap Growth 38.02%
Large-Cap Value 61.63%
Mid-Cap Growth 0.00%
Mid-Cap Value 0.14%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.21%
 Composition
U.S. Stocks 89.43%   Other 0.21%
Non-U.S. Stocks 10.36%      
The style and sector characteristics of the portfolio are determined as of 02/24/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $154,834.62
Price/Earnings 19.97
Price/Book 3.00
As of 2/24/2021
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Citigroup Inc. C Financials  Financials Large-Cap Value 4.45%
 Morgan Stanley MS Financials  Financials Large-Cap Value 4.42%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 4.38%
 JPMorgan Chase & Co. JPM Financials  Financials Large-Cap Value 4.29%
 HP Inc. HPQ Information Technology  Information Technology Large-Cap Growth 4.13%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 4.01%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 3.67%
 Broadcom Inc. AVGO Information Technology  Information Technology Large-Cap Growth 3.67%
 Eaton Corporation Plc ETN Industrials  Industrials Large-Cap Value 3.46%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Value 3.42%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Value 3.38%
 Honeywell International Inc. HON Industrials  Industrials Large-Cap Growth 3.36%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 3.36%
 Starbucks Corporation SBUX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.32%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Value 3.30%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Growth 3.29%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Value 3.21%
 BlackRock, Inc. BLK Financials  Financials Large-Cap Value 3.17%
 QUALCOMM Incorporated QCOM Information Technology  Information Technology Large-Cap Growth 3.14%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Value 3.06%
 Bristol-Myers Squibb Company BMY Health Care  Health Care Large-Cap Value 2.95%
 Amgen Inc. AMGN Health Care  Health Care Large-Cap Growth 2.93%
 Verizon Communications Inc. VZ Communication Services  Communication Services Large-Cap Value 2.84%
 Exelon Corporation EXC Utilities  Utilities Large-Cap Value 2.71%
 PepsiCo, Inc. PEP Consumer Staples  Consumer Staples Large-Cap Growth 2.69%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.65%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 2.65%
 Public Service Enterprise Group Incorporated PEG Utilities  Utilities Large-Cap Value 2.64%
 Pfizer Inc. PFE Health Care  Health Care Large-Cap Value 2.58%
 Unilever Plc (ADR) UL Consumer Staples  Consumer Staples Large-Cap Growth 2.52%
 Viatris Inc. VTRS Health Care  Health Care Mid-Cap Value 0.14%
 
Total Number of Holdings:    31
Underlying Securities information represented above is as of 02/24/2021 but will vary with future fluctuations in the market.

 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.

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.

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.

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.