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U.S. Revenue, 24  Ticker: FGQXJX
 
Description
A unit investment trust that seeks above-average capital appreciation. The portfolio seeks to provide exposure to the U.S. economy, while avoiding companies that could be adversely affected by a strong dollar and slower global growth.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: USRV24
Portfolio Status: Primary
Initial Offer Date: 04/18/2022
Portfolio Ending Date: 04/18/2024
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $8.7372
POP(*): $8.9329
Remaining Deferred Sales Charge: $0.2250
* As of Trade Date: 06/24/2022 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 6/24/2022) Per Unit (as of 6/24/2022)
1.82% $0.16230
^ 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 19.18%
Consumer Staples  Consumer Staples 3.10%
Energy  Energy 12.54%
Financials  Financials 20.01%
Health Care  Health Care 24.48%
Industrials  Industrials 10.51%
Information Technology  Information Technology 0.00%
Materials  Materials 3.16%
Real Estate  Real Estate 0.00%
Utilities  Utilities 6.75%
Other  Other 0.27%
 
  Large Mid Small  
Growth  19.45% 22.62% 0.00%  
Value  30.44% 27.22% 0.00%  

 Style Weighting
Large-Cap Growth 19.45%
Large-Cap Value 30.44%
Mid-Cap Growth 22.62%
Mid-Cap Value 27.22%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.27%
 Composition
U.S. Stocks 99.73%   Other 0.27%
Non-U.S. Stocks 0.00%      
The style and sector characteristics of the portfolio are determined as of 06/24/2022 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $51,326.90
Price/Earnings 12.60
Price/Book 2.72
As of 6/24/2022
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Cigna Corporation CI Health Care  Health Care Large-Cap Value 3.90%
 Quest Diagnostics Incorporated DGX Health Care  Health Care Mid-Cap Value 3.88%
 The Progressive Corporation PGR Financials  Financials Large-Cap Value 3.81%
 Old Dominion Freight Line, Inc. ODFL Industrials  Industrials Large-Cap Growth 3.57%
 NVR, Inc. NVR Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.52%
 J.B. Hunt Transport Services, Inc. JBHT Industrials  Industrials Mid-Cap Growth 3.51%
 Lennar Corporation LEN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.49%
 AmerisourceBergen Corporation ABC Health Care  Health Care Large-Cap Growth 3.47%
 D.R. Horton, Inc. DHI Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.46%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Growth 3.43%
 Leidos Holdings, Inc. LDOS Industrials  Industrials Mid-Cap Growth 3.43%
 Dollar Tree, Inc. DLTR Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.40%
 CMS Energy Corporation CMS Utilities  Utilities Mid-Cap Value 3.38%
 Alliant Energy Corporation LNT Utilities  Utilities Mid-Cap Value 3.37%
 Markel Corporation MKL Financials  Financials Mid-Cap Value 3.36%
 EOG Resources, Inc. EOG Energy  Energy Large-Cap Value 3.35%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 3.35%
 The Travelers Companies, Inc. TRV Financials  Financials Large-Cap Value 3.32%
 Anthem, Inc. ANTM Health Care  Health Care Large-Cap Value 3.25%
 The Hartford Financial Services Group, Inc. HIG Financials  Financials Mid-Cap Value 3.24%
 Ameriprise Financial, Inc. AMP Financials  Financials Large-Cap Growth 3.24%
 Devon Energy Corporation DVN Energy  Energy Large-Cap Value 3.21%
 Cardinal Health, Inc. CAH Health Care  Health Care Mid-Cap Growth 3.20%
 Packaging Corporation of America PKG Materials  Materials Mid-Cap Growth 3.16%
 The Williams Companies, Inc. WMB Energy  Energy Large-Cap Value 3.15%
 The Kroger Co. KR Consumer Staples  Consumer Staples Large-Cap Value 3.10%
 Raymond James Financial, Inc. RJF Financials  Financials Mid-Cap Value 3.04%
 Best Buy Co., Inc. BBY Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.97%
 ONEOK, Inc. OKE Energy  Energy Mid-Cap Growth 2.83%
 Target Corporation TGT Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.34%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 06/24/2022 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  -0.33%
  Deferred:  2.52%
C&D Fee:    0.56%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30326F548 Cash Semi-Annual
30326F555 Reinvest Semi-Annual
* Based on the offer price as of 06/24/2022 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.57%
Maximum Sales Charge:   0.57%
CUSIP Type Distribution
30326F563 Cash-Fee Semi-Annual
30326F571 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 06/24/2022 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 July 20, 2022
$0.07500 August 19, 2022
$0.07500 September 20, 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.

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 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.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

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.

Mid-Cap Risk. An investment in a portfolio containing mid-cap companies is subject to additional risks, as the share prices of 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
30326F548 (Cash)
30326F555 (Reinvest)
30326F563 (Cash-Fee)
30326F571 (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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