Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 

Dividend Growth, 24  Ticker: FALNCX
 
Description
This unit investment trust seeks above-average total return through a combination of capital appreciation and dividend income; however, there is no assurance the objective will be met.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: DIGR24
Portfolio Status: Secondary
Initial Offer Date: 12/02/2022
Secondary Date: 03/01/2023
Portfolio Ending Date: 12/02/2027
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.7236
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 11/01/2024 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 11/1/2024)
----- $0.28180
^ 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 2.55%
Consumer Discretionary  Consumer Discretionary 6.37%
Consumer Staples  Consumer Staples 2.18%
Energy  Energy 13.89%
Financials  Financials 18.67%
Health Care  Health Care 14.45%
Industrials  Industrials 14.41%
Information Technology  Information Technology 16.16%
Materials  Materials 5.07%
Real Estate  Real Estate 0.00%
Utilities  Utilities 6.09%
Other  Other 0.16%
 
  Large Mid Small  
Growth  36.42% 11.44% 2.80%  
Value  29.56% 19.62% 0.00%  

 Style Weighting
Large-Cap Growth 36.42%
Large-Cap Value 29.56%
Mid-Cap Growth 11.44%
Mid-Cap Value 19.62%
Small-Cap Growth 2.80%
Small-Cap Value 0.00%
Undetermined 0.16%
 Composition
U.S. Stocks 99.84%   Other 0.16%
Non-U.S. Stocks 0.00%      
The style and sector characteristics of the portfolio are determined as of 11/01/2024 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $195,181
Price/Earnings 18.94
Price/Book 2.84
As of 11/1/2024
All market capitalization numbers are in USD$ 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 9.31%
 Packaging Corporation of America PKG Materials  Materials Mid-Cap Growth 5.07%
 JPMorgan Chase & Co. JPM Financials  Financials Large-Cap Value 4.92%
 The Goldman Sachs Group, Inc. GS Financials  Financials Large-Cap Value 4.01%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Growth 3.98%
 Morgan Stanley MS Financials  Financials Large-Cap Value 3.74%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 3.70%
 Hewlett Packard Enterprise Company HPE Information Technology  Information Technology Mid-Cap Value 3.55%
 Amgen Inc. AMGN Health Care  Health Care Large-Cap Growth 3.34%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 3.31%
 Phillips 66 PSX Energy  Energy Large-Cap Value 3.31%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Growth 3.30%
 Darden Restaurants, Inc. DRI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.26%
 Best Buy Co., Inc. BBY Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.11%
 Alliant Energy Corporation LNT Utilities  Utilities Mid-Cap Value 3.09%
 Regions Financial Corporation RF Financials  Financials Mid-Cap Value 3.05%
 American Electric Power Company, Inc. AEP Utilities  Utilities Large-Cap Value 3.00%
 Huntington Bancshares Incorporated HBAN Financials  Financials Mid-Cap Value 2.95%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 2.90%
 MSC Industrial Direct Co., Inc. (Class A) MSM Industrials  Industrials Small-Cap Growth 2.80%
 Merck & Co., Inc. MRK Health Care  Health Care Large-Cap Growth 2.75%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 2.65%
 ConocoPhillips COP Energy  Energy Large-Cap Value 2.62%
 The Interpublic Group of Companies, Inc. IPG Communication Services  Communication Services Mid-Cap Value 2.55%
 EOG Resources, Inc. EOG Energy  Energy Large-Cap Value 2.53%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 2.53%
 AGCO Corporation AGCO Industrials  Industrials Mid-Cap Value 2.25%
 The J.M. Smucker Company SJM Consumer Staples  Consumer Staples Mid-Cap Value 2.18%
 United Parcel Service, Inc. (Class B) UPS Industrials  Industrials Large-Cap Growth 2.07%
 Bristol-Myers Squibb Company BMY Health Care  Health Care Large-Cap Growth 2.01%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 11/01/2024 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.

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 ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed, there is no guarantee that vaccines will be effective against future variants of the disease.

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.

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
30329P709 (Cash)
30329P717 (Reinvest)
30329P725 (Cash-Fee)
30329P733 (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.
Follow First Trust:  
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 © 2024 All rights reserved.