Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       

Dorsey Wright Relative Strength Dividend, 56  Ticker: FSLRAX
A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income by investing in a portfolio of companies selected by Dorsey Wright & Associates using a comprehensive evaluation process.
Please note that there is no assurance the objective will be met.
Product Code: DWDV56
Portfolio Status: Primary
Initial Offer Date: 06/12/2024
Portfolio Ending Date: 09/12/2025
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $10.2847
POP(*): $10.4276
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 07/12/2024 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 (as of 7/12/2024) Per Unit (as of 7/12/2024)
2.32% $0.24220
^ 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 13.64%
Consumer Staples  Consumer Staples 1.95%
Energy  Energy 11.94%
Financials  Financials 35.07%
Health Care  Health Care 0.00%
Industrials  Industrials 10.28%
Information Technology  Information Technology 6.12%
Materials  Materials 9.30%
Real Estate  Real Estate 9.75%
Utilities  Utilities 1.88%
Other  Other 0.07%
  Large Mid Small  
Growth  12.29% 25.51% 5.99%  
Value  27.59% 26.63% 1.92%  

 Style Weighting
Large-Cap Growth 12.29%
Large-Cap Value 27.59%
Mid-Cap Growth 25.51%
Mid-Cap Value 26.63%
Small-Cap Growth 5.99%
Small-Cap Value 1.92%
Undetermined 0.07%
U.S. Stocks 95.96%   Other 0.07%
Non-U.S. Stocks 3.97%      
The style and sector characteristics of the portfolio are determined as of 07/12/2024 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $55,780
Price/Earnings 15.06
Price/Book 2.37
As of 7/12/2024
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
 Jefferies Financial Group Inc. JEF Financials  Financials Mid-Cap Value 2.40%
 Synovus Financial Corp. SNV Financials  Financials Mid-Cap Value 2.24%
 Synchrony Financial SYF Financials  Financials Mid-Cap Value 2.22%
 Targa Resources Corp. TRGP Energy  Energy Large-Cap Growth 2.17%
 GATX Corporation GATX Industrials  Industrials Mid-Cap Value 2.14%
 Nordstrom, Inc. JWN Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.13%
 Watsco, Inc. WSO Industrials  Industrials Mid-Cap Growth 2.13%
 Broadcom Inc. AVGO Information Technology  Information Technology Large-Cap Growth 2.12%
 Houlihan Lokey, Inc. HLI Financials  Financials Mid-Cap Growth 2.10%
 SLM Corporation SLM Financials  Financials Small-Cap Growth 2.09%
 MGIC Investment Corporation MTG Financials  Financials Mid-Cap Value 2.09%
 The Carlyle Group Inc. CG Financials  Financials Mid-Cap Value 2.08%
 The Goldman Sachs Group, Inc. GS Financials  Financials Large-Cap Value 2.07%
 Iron Mountain Incorporated IRM Real Estate  Real Estate Large-Cap Growth 2.07%
 H&R Block, Inc. HRB Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.05%
 ONEOK, Inc. OKE Energy  Energy Large-Cap Value 2.04%
 Stifel Financial Corp. SF Financials  Financials Mid-Cap Value 2.04%
 JPMorgan Chase & Co. JPM Financials  Financials Large-Cap Value 2.03%
 Huntington Ingalls Industries, Inc. HII Industrials  Industrials Mid-Cap Value 2.02%
 Diamondback Energy, Inc. FANG Energy  Energy Large-Cap Value 2.02%
 Masco Corporation MAS Industrials  Industrials Mid-Cap Growth 2.01%
 NetApp, Inc. NTAP Information Technology  Information Technology Large-Cap Growth 2.01%
 American International Group, Inc. AIG Financials  Financials Large-Cap Value 2.00%
 Aflac Incorporated AFL Financials  Financials Large-Cap Value 2.00%
 Seagate Technology Holdings Plc STX Information Technology  Information Technology Mid-Cap Growth 1.99%
 Fastenal Company FAST Industrials  Industrials Large-Cap Growth 1.98%
 Garmin Ltd. GRMN Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.98%
 Capital One Financial Corporation COF Financials  Financials Large-Cap Value 1.97%
 Reinsurance Group of America, Incorporated RGA Financials  Financials Mid-Cap Value 1.97%
 DT Midstream, Inc. DTM Energy  Energy Mid-Cap Value 1.97%
 The Travelers Companies, Inc. TRV Financials  Financials Large-Cap Value 1.96%
 The Kroger Co. KR Consumer Staples  Consumer Staples Large-Cap Value 1.95%
 Tapestry, Inc. TPR Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.95%
 Packaging Corporation of America PKG Materials  Materials Mid-Cap Growth 1.95%
 Simon Property Group, Inc. SPG Real Estate  Real Estate Large-Cap Growth 1.94%
 Welltower Inc. WELL Real Estate  Real Estate Large-Cap Value 1.93%
 The Allstate Corporation ALL Financials  Financials Large-Cap Value 1.92%
 Dick's Sporting Goods, Inc. DKS Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.92%
 Park Hotels & Resorts Inc. PK Real Estate  Real Estate Small-Cap Value 1.92%
 RPM International Inc. RPM Materials  Materials Mid-Cap Growth 1.91%
 Ralph Lauren Corporation RL Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.91%
 Chord Energy Corporation CHRD Energy  Energy Mid-Cap Value 1.91%
 Wells Fargo & Company WFC Financials  Financials Large-Cap Value 1.89%
 Lamar Advertising Company LAMR Real Estate  Real Estate Mid-Cap Growth 1.89%
 NRG Energy, Inc. NRG Utilities  Utilities Mid-Cap Growth 1.88%
 Celanese Corporation CE Materials  Materials Mid-Cap Value 1.85%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 1.83%
 Cabot Corporation CBT Materials  Materials Mid-Cap Growth 1.82%
 The Scotts Miracle-Gro Company SMG Materials  Materials Small-Cap Growth 1.77%
 The Gap, Inc. GPS Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.70%
Total Number of Holdings:    50
Underlying Securities information represented above is as of 07/12/2024 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.08%
  Deferred:  1.29%
C&D Fee:    0.48%
Maximum Sales Charge:   1.85%
CUSIP Type Distribution
30335U700 Cash Monthly
30335U718 Reinvest Monthly
* Based on the offer price as of 07/12/2024 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.49%
Maximum Sales Charge:   0.49%
CUSIP Type Distribution
30335U726 Cash-Fee Monthly
30335U734 Reinvest-Fee Monthly
* Based on the NAV price as of 07/12/2024 4:00pm ET
In addition to the sales charges listed, UITs for both brokerage and advisory accounts are subject to annual operating expenses and organization costs. See the prospectus for additional information.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 September 20, 2024
$0.04500 October 18, 2024
$0.04500 November 20, 2024

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.

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.

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. 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.

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.

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
30335U700 (Cash)
30335U718 (Reinvest)
30335U726 (Cash-Fee)
30335U734 (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.