S&P Dividend Aristocrats Target 25, 3rd Qtr 2021  Ticker: FTNCSX
 
Description
A unit investment trust that seeks to provide total return through a combination of dividend income and capital appreciation; however, there is no assurance the objective will be met. The stocks in the portfolio are selected by applying a disciplined investment strategy which adheres to pre-determined screens and factors.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: AR3Q21
Portfolio Status: Secondary
Initial Offer Date: 07/12/2021
Secondary Date: 10/11/2021
Portfolio Ending Date: 10/07/2022
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.7077
POP(*): $9.8405
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 10/15/2021 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 10/15/2021) Per Unit (as of 10/11/2021)
1.81% $0.17780
^ 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. 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 0.00%
Consumer Discretionary  Consumer Discretionary 3.89%
Consumer Staples  Consumer Staples 24.17%
Energy  Energy 0.00%
Financials  Financials 20.70%
Health Care  Health Care 8.02%
Industrials  Industrials 26.84%
Information Technology  Information Technology 0.00%
Materials  Materials 12.53%
Real Estate  Real Estate 0.00%
Utilities  Utilities 3.80%
Other  Other 0.05%
 
  Large Mid Small  
Growth  19.84% 11.56% 0.00%  
Value  49.73% 18.82% 0.00%  

 Style Weighting
Large-Cap Growth 19.84%
Large-Cap Value 49.73%
Mid-Cap Growth 11.56%
Mid-Cap Value 18.82%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.05%
 Composition
U.S. Stocks 86.89%   Other 0.05%
Non-U.S. Stocks 13.06%      
The style and sector characteristics of the portfolio are determined as of 10/14/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $88,179.08
Price/Earnings 16.71
Price/Book 2.98
As of 10/14/2021
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Chubb Limited CB Financials  Financials Large-Cap Value 4.58%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Value 4.32%
 Archer-Daniels-Midland Company ADM Consumer Staples  Consumer Staples Large-Cap Value 4.30%
 Walgreens Boots Alliance, Inc. WBA Consumer Staples  Consumer Staples Large-Cap Value 4.30%
 West Pharmaceutical Services, Inc. WST Health Care  Health Care Large-Cap Growth 4.29%
 Linde Plc LIN Materials  Materials Large-Cap Value 4.28%
 Nucor Corporation NUE Materials  Materials Large-Cap Value 4.26%
 Aflac Incorporated AFL Financials  Financials Large-Cap Value 4.20%
 Pentair Plc PNR Industrials  Industrials Mid-Cap Growth 4.20%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 4.15%
 Cincinnati Financial Corporation CINF Financials  Financials Mid-Cap Value 4.14%
 Air Products and Chemicals, Inc. APD Materials  Materials Large-Cap Value 3.99%
 Walmart, Inc. WMT Consumer Staples  Consumer Staples Large-Cap Value 3.95%
 T. Rowe Price Group, Inc. TROW Financials  Financials Large-Cap Value 3.94%
 Kimberly-Clark Corporation KMB Consumer Staples  Consumer Staples Large-Cap Growth 3.91%
 Target Corporation TGT Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.89%
 Emerson Electric Co. EMR Industrials  Industrials Large-Cap Value 3.88%
 Franklin Resources, Inc. BEN Financials  Financials Mid-Cap Value 3.84%
 Atmos Energy Corporation ATO Utilities  Utilities Mid-Cap Value 3.80%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Value 3.73%
 A.O. Smith Corporation AOS Industrials  Industrials Mid-Cap Growth 3.69%
 Expeditors International of Washington, Inc. EXPD Industrials  Industrials Mid-Cap Growth 3.67%
 3M Company MMM Industrials  Industrials Large-Cap Growth 3.60%
 Hormel Foods Corporation HRL Consumer Staples  Consumer Staples Mid-Cap Value 3.56%
 Stanley Black & Decker, Inc. SWK Industrials  Industrials Mid-Cap Value 3.48%
 
Total Number of Holdings:    25
Underlying Securities information represented above is as of 10/14/2021 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 October 20, 2021
$0.04500 November 19, 2021
$0.04500 December 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.

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

COVID-19 Economic Impact Risk. The COVID-19 global pandemic has caused significant volatility and declines in global financial markets, causing losses for investors. The development of vaccines has slowed the spread of the virus and allowed for the resumption of "reasonably" normal business activity in the United States, although many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

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.

Industrials Risk. The companies engaged in the industrials sector are subject to a deterioration in the general state of the economy, intense competition, domestic and international politics, excess capacity and changing spending trends.

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.

Term Risk - 15 months. Although this unit investment trust terminates in approximately 15 months, the strategy is long-term. Investors should consider their ability to pursue investing in successive portfolios, if available. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

The S&P 500 Dividend Aristocrats Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has been licensed for use by First Trust Portfolios L.P. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust Portfolios L.P. This product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Dividend Aristocrats Index.