Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       

S&P Target SMid 60, 1st Qtr 2022  Ticker: FEAGOX
A unit investment trust that seeks above-average total return; 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.
Product Code: 601Q22
Portfolio Status: Secondary
Initial Offer Date: 01/10/2022
Secondary Date: 04/11/2022
Portfolio Ending Date: 04/06/2023
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
Initial Offer Price: $10.0000
NAV(*): $8.5820
POP(*): $8.6995
Remaining Deferred Sales Charge: $0.0450
* As of Trade Date: 05/24/2022 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 5/24/2022) Per Unit (as of 5/23/2022)
1.78% $0.15480
^ 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 3.88%
Consumer Discretionary  Consumer Discretionary 21.08%
Consumer Staples  Consumer Staples 4.05%
Energy  Energy 6.57%
Financials  Financials 24.69%
Health Care  Health Care 2.38%
Industrials  Industrials 6.78%
Information Technology  Information Technology 7.11%
Materials  Materials 11.49%
Real Estate  Real Estate 5.81%
Utilities  Utilities 5.25%
Other  Other 0.91%
  Large Mid Small  
Growth  0.00% 0.00% 2.04%  
Value  0.00% 36.04% 61.01%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 0.00%
Mid-Cap Value 36.04%
Small-Cap Growth 2.04%
Small-Cap Value 61.01%
Undetermined 0.91%
U.S. Stocks 96.11%   Other 0.91%
Non-U.S. Stocks 2.98%      
The style and sector characteristics of the portfolio are determined as of 05/24/2022 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $3,755.28
Price/Earnings 5.61
Price/Book 0.93
As of 5/24/2022
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Murphy Oil Corporation MUR Energy  Energy Mid-Cap Value 3.02%
 Spire Inc. SR Utilities  Utilities Small-Cap Value 2.96%
 TEGNA Inc. TGNA Communication Services  Communication Services Mid-Cap Value 2.92%
 Avnet, Inc. AVT Information Technology  Information Technology Small-Cap Value 2.73%
 Reliance Steel & Aluminum Co. RS Materials  Materials Mid-Cap Value 2.69%
 United States Steel Corporation X Materials  Materials Mid-Cap Value 2.49%
 Ryder System, Inc. R Industrials  Industrials Small-Cap Value 2.48%
 Envista Holdings Corporation NVST Health Care  Health Care Mid-Cap Value 2.38%
 Graham Holdings Company GHC Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.34%
 Old Republic International Corporation ORI Financials  Financials Mid-Cap Value 2.33%
 Voya Financial, Inc. VOYA Financials  Financials Mid-Cap Value 2.31%
 UGI Corporation UGI Utilities  Utilities Mid-Cap Value 2.29%
 Arrow Electronics, Inc. ARW Information Technology  Information Technology Mid-Cap Value 2.17%
 Kilroy Realty Corp KRC Real Estate  Real Estate Mid-Cap Value 2.12%
 U.S. Silica Holdings, Inc. SLCA Energy  Energy Small-Cap Growth 2.04%
 Taylor Morrison Home Corporation TMHC Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.04%
 Knight-Swift Transportation Holdings Inc. KNX Industrials  Industrials Mid-Cap Value 2.01%
 Synovus Financial Corp. SNV Financials  Financials Mid-Cap Value 1.94%
 Jefferies Financial Group Inc. JEF Financials  Financials Mid-Cap Value 1.93%
 First American Financial Corporation FAF Financials  Financials Mid-Cap Value 1.92%
 KB Home KBH Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.89%
 Tri Pointe Homes, Inc. TPH Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.89%
 SL Green Realty Corp. SLG Real Estate  Real Estate Small-Cap Value 1.88%
 Kohl's Corporation KSS Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.86%
 Foot Locker, Inc. FL Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.81%
 Olympic Steel, Inc. ZEUS Materials  Materials Small-Cap Value 1.73%
 Navient Corporation NAVI Financials  Financials Small-Cap Value 1.71%
 Toll Brothers, Inc. TOL Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.66%
 TimkenSteel Corporation TMST Materials  Materials Small-Cap Value 1.66%
 Urban Outfitters, Inc. URBN Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.55%
 Dana Inc. DAN Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.54%
 PacWest Bancorp PACW Financials  Financials Small-Cap Value 1.51%
 Dorian LPG Ltd. LPG Energy  Energy Small-Cap Value 1.51%
 Seneca Foods Corporation SENEA Consumer Staples  Consumer Staples Small-Cap Value 1.49%
 Mercer International Inc. MERC Materials  Materials Small-Cap Value 1.47%
 SunCoke Energy, Inc. SXC Materials  Materials Small-Cap Value 1.45%
 Universal Corporation UVV Consumer Staples  Consumer Staples Small-Cap Value 1.37%
 Kelly Services, Inc. KELYA Industrials  Industrials Small-Cap Value 1.35%
 Safety Insurance Group, Inc. SAFT Financials  Financials Small-Cap Value 1.35%
 Mr. Cooper Group Inc. COOP Financials  Financials Small-Cap Value 1.34%
 The Goodyear Tire & Rubber Company GT Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.29%
 The Andersons, Inc. ANDE Consumer Staples  Consumer Staples Small-Cap Value 1.19%
 Genworth Financial, Inc. GNW Financials  Financials Small-Cap Value 1.19%
 Encore Capital Group, Inc. ECPG Financials  Financials Small-Cap Value 1.19%
 TTM Technologies, Inc. TTMI Information Technology  Information Technology Small-Cap Value 1.13%
 Hanmi Financial Corporation HAFC Financials  Financials Small-Cap Value 1.11%
 Xperi Holding Corp. XPER Information Technology  Information Technology Small-Cap Value 1.08%
 ProAssurance Corporation PRA Financials  Financials Small-Cap Value 1.07%
 Berkshire Hills Bancorp, Inc. BHLB Financials  Financials Small-Cap Value 1.07%
 M/I Homes, Inc. MHO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.96%
 The E.W. Scripps Company SSP Communication Services  Communication Services Small-Cap Value 0.96%
 Redwood Trust, Inc. RWT Financials  Financials Small-Cap Value 0.95%
 Atlas Air Worldwide Holdings, Inc. AAWW Industrials  Industrials Small-Cap Value 0.94%
 Franklin Street Properties Corp. FSP Real Estate  Real Estate Small-Cap Value 0.94%
 Enova International, Inc. ENVA Financials  Financials Small-Cap Value 0.92%
 The Cato Corporation CATO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.89%
 Realogy Holdings Corp. RLGY Real Estate  Real Estate Small-Cap Value 0.87%
 Universal Insurance Holdings, Inc. UVE Financials  Financials Small-Cap Value 0.85%
 Unifi, Inc. UFI Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.79%
 Conn's, Inc. CONN Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.57%
Total Number of Holdings:    60
Underlying Securities information represented above is as of 05/24/2022 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 April 20, 2022
$0.04500 May 20, 2022
$0.04500 June 17, 2022

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.

Consumer Products Risk. The companies engaged in the consumer products sector are subject to global competition, changing government regulations and trade policies, currency fluctuations, and the financial and political risks inherent in producing products for foreign markets.

COVID-19 Economic Impact Risk. The COVID-19 global pandemic has caused and may continue to cause significant volatility and declines in global financial markets. While the U.S. has resumed "reasonably" normal business activity, many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

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. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

Market Disruption Risk. In February 2022, Russia invaded Ukraine which has caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance.

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

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 MidCap 400 and the S&P SmallCap 600 Indices are products of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and have 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 MidCap 400 and the S&P SmallCap 600 Indices.

Fund Cusip Information
30323G424 (Cash)
30323G432 (Reinvest)
30323G440 (Cash-Fee)
30323G457 (Reinvest-Fee)
Printer Friendly Page Printer Friendly Page

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)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2022 All rights reserved.