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Worldwide Economic Recovery, 16  Ticker: FBYHSX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in companies that, in our opinion, have skilled management, possess strong balance sheets, and have demonstrated the ability to generate earnings growth.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: WWER16
Portfolio Status: Secondary
Initial Offer Date: 12/14/2022
Secondary Date: 06/12/2023
Portfolio Ending Date: 12/13/2024
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $11.3238
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 06/17/2024 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  Per Unit (as of 6/17/2024)
----- $0.16360
^ 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 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 distributions are reduced to account for the effects of fees and expenses, which will be incurred when investing in a trust. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 6.32%
Consumer Discretionary  Consumer Discretionary 10.75%
Consumer Staples  Consumer Staples 7.57%
Energy  Energy 8.23%
Financials  Financials 2.73%
Health Care  Health Care 20.67%
Industrials  Industrials 10.33%
Information Technology  Information Technology 29.25%
Materials  Materials 3.87%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.28%
 
  Large Mid Small  
Growth  64.99% 3.39% 0.00%  
Value  31.17% 0.17% 0.00%  

 Style Weighting
Large-Cap Growth 64.99%
Large-Cap Value 31.17%
Mid-Cap Growth 3.39%
Mid-Cap Value 0.17%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.28%
 Composition
U.S. Stocks 83.06%   Other 0.28%
Non-U.S. Stocks 16.66%      
The style and sector characteristics of the portfolio are determined as of 06/17/2024 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $553,774
Price/Earnings 23.66
Price/Book 6.15
As of 6/17/2024
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Broadcom Inc. AVGO Information Technology  Information Technology Large-Cap Growth 6.51%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 4.59%
 Novo Nordisk A/S (ADR) NVO Health Care  Health Care Large-Cap Growth 4.58%
 KLA Corporation KLAC Information Technology  Information Technology Large-Cap Growth 4.33%
 Alphabet Inc. (Class C) GOOG Communication Services  Communication Services Large-Cap Growth 4.01%
 Costco Wholesale Corporation COST Consumer Staples  Consumer Staples Large-Cap Growth 3.99%
 QUALCOMM Incorporated QCOM Information Technology  Information Technology Large-Cap Growth 3.85%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 3.65%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Growth 3.20%
 The TJX Companies, Inc. TJX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.97%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Growth 2.95%
 Mastercard Incorporated MA Financials  Financials Large-Cap Growth 2.73%
 Merck & Co., Inc. MRK Health Care  Health Care Large-Cap Growth 2.47%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Growth 2.46%
 Electronic Arts Inc. EA Communication Services  Communication Services Large-Cap Value 2.31%
 Elevance Health Inc. ELV Health Care  Health Care Large-Cap Value 2.18%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.13%
 ON Semiconductor Corporation ON Information Technology  Information Technology Large-Cap Value 2.13%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 2.11%
 The Coca-Cola Company KO Consumer Staples  Consumer Staples Large-Cap Growth 2.10%
 lululemon athletica inc. LULU Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.07%
 ConocoPhillips COP Energy  Energy Large-Cap Value 2.06%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 2.03%
 Thermo Fisher Scientific Inc. TMO Health Care  Health Care Large-Cap Value 2.02%
 Abbott Laboratories ABT Health Care  Health Care Large-Cap Value 2.00%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Growth 1.99%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 1.98%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Value 1.95%
 Deere & Company DE Industrials  Industrials Large-Cap Value 1.93%
 BHP Group Ltd (ADR) BHP Materials  Materials Large-Cap Value 1.89%
 NIKE, Inc. (Class B) NKE Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.79%
 Ulta Beauty, Inc. ULTA Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.79%
 Northrop Grumman Corporation NOC Industrials  Industrials Large-Cap Value 1.75%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Value 1.71%
 Keysight Technologies, Inc. KEYS Information Technology  Information Technology Mid-Cap Growth 1.60%
 United Parcel Service, Inc. (Class B) UPS Industrials  Industrials Large-Cap Growth 1.59%
 Devon Energy Corporation DVN Energy  Energy Large-Cap Value 1.58%
 Diageo Plc (ADR) DEO Consumer Staples  Consumer Staples Large-Cap Growth 1.48%
 Pfizer Inc. PFE Health Care  Health Care Large-Cap Value 1.09%
 Sandoz Group AG (ADR) SDZNY Health Care  Health Care Mid-Cap Value 0.17%
 
Total Number of Holdings:    40
Underlying Securities information represented above is as of 06/17/2024 but will vary with future fluctuations in the market.

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.

Closed-End Fund Risk. Closed-end funds are subject to various risks, including management's ability to meet the fund's investment objective, and to manage the fund's portfolio when the underlying securities are redeemed or sold, during periods of market turmoil and as investors' perceptions regarding the funds or their underlying investments change. Unlike open-end funds, which trade at prices based on a current determination of the fund's net asset value, closed-end funds frequently trade at a discount to their net asset value in the secondary market. Certain closed-end funds employ the use of leverage, which increases the volatility of such funds.

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.

Investment Grade Bonds Risk. Investment grade securities are subject to numerous risks including higher interest rates, economic recession, deterioration of the investment grade security market or investors' perception thereof, possible downgrades and defaults of interest and/or principal.

Market Disruption Risk. Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, the Middle East 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.

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.

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.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30329L609 (Cash)
30329L617 (Reinvest)
30329L625 (Cash-Fee)
30329L633 (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.
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