Diversified Equity Strategic Allocation, 3rd Qtr 2024  Ticker: FDFVLX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing in a portfolio of common stocks diversified across various market capitalizations, growth and value styles, sectors and countries. The stocks 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.
 
Summary
Product Code: DE3Q24
Portfolio Status: Secondary
Initial Offer Date: 07/09/2024
Secondary Date: 10/09/2024
Portfolio Ending Date: 10/15/2025
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $11.1929
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 09/02/2025 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 9/2/2025)
----- $0.16970
^ 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 6.66%
Consumer Discretionary  Consumer Discretionary 14.86%
Consumer Staples  Consumer Staples 10.94%
Energy  Energy 8.80%
Financials  Financials 14.69%
Health Care  Health Care 7.89%
Industrials  Industrials 15.55%
Information Technology  Information Technology 10.41%
Materials  Materials 3.72%
Real Estate  Real Estate 0.09%
Utilities  Utilities 5.99%
Other  Other 0.40%
 
  Large Mid Small  
Growth  30.29% 12.59% 3.84%  
Value  36.96% 11.26% 4.66%  

 Style Weighting
Large-Cap Growth 30.29%
Large-Cap Value 36.96%
Mid-Cap Growth 12.59%
Mid-Cap Value 11.26%
Small-Cap Growth 3.84%
Small-Cap Value 4.66%
Undetermined 0.40%
 Composition
U.S. Stocks 80.82%   Other 0.40%
Non-U.S. Stocks 18.78%      
The style and sector characteristics of the portfolio are determined as of 09/02/2025 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $180,415
Price/Earnings 18.53
Price/Book 2.42
As of 9/2/2025
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Vistra Corp. VST Utilities  Utilities Large-Cap Growth 1.46%
 Amphenol Corporation APH Information Technology  Information Technology Large-Cap Growth 1.17%
 Fastenal Company FAST Industrials  Industrials Large-Cap Growth 1.14%
 AT&T Inc. T Communication Services  Communication Services Large-Cap Value 1.13%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Growth 1.08%
 Quanta Services, Inc. PWR Industrials  Industrials Large-Cap Growth 1.07%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Value 1.06%
 Walmart Inc. WMT Consumer Staples  Consumer Staples Large-Cap Growth 1.03%
 ResMed Inc. RMD Health Care  Health Care Large-Cap Growth 1.03%
 Xcel Energy Inc. XEL Utilities  Utilities Large-Cap Value 1.01%
 Meta Platforms, Inc. (Class A) META Communication Services  Communication Services Large-Cap Growth 1.01%
 CME Group Inc. CME Financials  Financials Large-Cap Value 1.00%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Growth 0.99%
 Deere & Company DE Industrials  Industrials Large-Cap Growth 0.98%
 Kinder Morgan, Inc. KMI Energy  Energy Large-Cap Value 0.98%
 The Hartford Insurance Group, Inc. HIG Financials  Financials Large-Cap Value 0.97%
 Prosus N.V. (ADR) PROSY Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.97%
 Coupang, Inc. CPNG Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.97%
 Nintendo Co., Ltd. (ADR) NTDOY Communication Services  Communication Services Large-Cap Growth 0.94%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Growth 0.92%
 General Motors Company GM Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.92%
 D.R. Horton, Inc. DHI Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.91%
 Monster Beverage Corporation MNST Consumer Staples  Consumer Staples Large-Cap Growth 0.91%
 The TJX Companies, Inc. TJX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.90%
 Berkshire Hathaway Inc. (Class B) BRK/B Financials  Financials Large-Cap Value 0.89%
 Aflac Incorporated AFL Financials  Financials Large-Cap Value 0.87%
 Republic Services, Inc. RSG Industrials  Industrials Large-Cap Growth 0.87%
 The Progressive Corporation PGR Financials  Financials Large-Cap Value 0.86%
 Tractor Supply Company TSCO Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.86%
 HSBC Holdings Plc (ADR) HSBC Financials  Financials Large-Cap Value 0.86%
 DBS Group Holdings Ltd. (ADR) DBSDY Financials  Financials Large-Cap Value 0.84%
 Iberdrola S.A. (ADR) IBDRY Utilities  Utilities Large-Cap Value 0.84%
 Amazon.com, Inc. AMZN Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.82%
 Palo Alto Networks, Inc. PANW Information Technology  Information Technology Large-Cap Growth 0.82%
 Alphabet Inc. (Class A) GOOGL Communication Services  Communication Services Large-Cap Growth 0.82%
 W.W. Grainger, Inc. GWW Industrials  Industrials Large-Cap Growth 0.81%
 Consolidated Edison, Inc. ED Utilities  Utilities Large-Cap Value 0.80%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 0.79%
 Costco Wholesale Corporation COST Consumer Staples  Consumer Staples Large-Cap Growth 0.78%
 Waste Management, Inc. WM Industrials  Industrials Large-Cap Growth 0.78%
 Cognizant Technology Solutions Corporation CTSH Information Technology  Information Technology Large-Cap Value 0.77%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 0.76%
 Ross Stores, Inc. ROST Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.75%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 0.74%
 The Hershey Company HSY Consumer Staples  Consumer Staples Large-Cap Growth 0.73%
 EOG Resources, Inc. EOG Energy  Energy Large-Cap Value 0.73%
 Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR) MURGY Financials  Financials Large-Cap Value 0.73%
 Archer-Daniels-Midland Company ADM Consumer Staples  Consumer Staples Large-Cap Value 0.71%
 PACCAR Inc PCAR Industrials  Industrials Large-Cap Value 0.71%
 Nucor Corporation NUE Materials  Materials Large-Cap Value 0.70%
 Marsh & McLennan Companies, Inc. MMC Financials  Financials Large-Cap Growth 0.70%
 Sumitomo Mitsui Financial Group, Inc. (ADR) SMFG Financials  Financials Large-Cap Value 0.70%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 0.69%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Growth 0.68%
 Lennar Corporation LEN Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.68%
 Mondelez International, Inc. MDLZ Consumer Staples  Consumer Staples Large-Cap Value 0.68%
 Hitachi, Ltd. (ADR) HTHIY Industrials  Industrials Large-Cap Value 0.67%
 Air Liquide S.A. (ADR) AIQUY Materials  Materials Large-Cap Value 0.67%
 Itochu Corp. (ADR) ITOCY Industrials  Industrials Large-Cap Value 0.67%
 Comfort Systems USA, Inc. FIX Industrials  Industrials Mid-Cap Growth 0.66%
 Tokio Marine Holdings, Inc. (ADR) TKOMY Financials  Financials Large-Cap Value 0.66%
 Charter Communications, Inc. (Class A) CHTR Communication Services  Communication Services Large-Cap Value 0.66%
 Chugai Pharmaceutical Co., Ltd. (ADR) CHGCY Health Care  Health Care Large-Cap Growth 0.66%
 NTT, Inc. (ADR) NTTYY Communication Services  Communication Services Large-Cap Value 0.65%
 Keurig Dr Pepper Inc. KDP Consumer Staples  Consumer Staples Large-Cap Value 0.65%
 ConocoPhillips COP Energy  Energy Large-Cap Value 0.64%
 Chubb Limited CB Financials  Financials Large-Cap Value 0.64%
 L'Oreal S.A. (ADR) LRLCY Consumer Staples  Consumer Staples Large-Cap Growth 0.62%
 Vertex Pharmaceuticals Incorporated VRTX Health Care  Health Care Large-Cap Growth 0.61%
 Interactive Brokers Group, Inc. (Class A) IBKR Financials  Financials Mid-Cap Growth 0.60%
 The Kraft Heinz Company KHC Consumer Staples  Consumer Staples Large-Cap Value 0.59%
 Shell Plc (ADR) SHEL Energy  Energy Large-Cap Value 0.59%
 Recruit Holdings Co., Ltd. (ADR) RCRUY Industrials  Industrials Large-Cap Growth 0.59%
 Sanofi (ADR) SNY Health Care  Health Care Large-Cap Value 0.58%
 Mitsui & Co., Ltd. (ADR) MITSY Industrials  Industrials Large-Cap Value 0.58%
 Industria de Diseno Textil, S.A. (ADR) IDEXY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.57%
 FedEx Corporation FDX Industrials  Industrials Large-Cap Value 0.55%
 Toyota Motor Corporation TM Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.55%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 0.54%
 TotalEnergies SE (ADR) TTE Energy  Energy Large-Cap Value 0.53%
 Diamondback Energy, Inc. FANG Energy  Energy Large-Cap Value 0.53%
 PDD Holdings Inc. (ADR) PDD Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.53%
 Equinor ASA EQNR Energy  Energy Large-Cap Value 0.52%
 Fox Corporation (Class A) FOXA Communication Services  Communication Services Mid-Cap Value 0.52%
 F5 Inc. FFIV Information Technology  Information Technology Mid-Cap Growth 0.51%
 Chipotle Mexican Grill, Inc. CMG Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.51%
 Mercedes-Benz Group AG (ADR) MBGYY Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.51%
 Mueller Industries, Inc. MLI Industrials  Industrials Mid-Cap Growth 0.49%
 EMCOR Group, Inc. EME Industrials  Industrials Mid-Cap Growth 0.49%
 Sprouts Farmers Market, Inc. SFM Consumer Staples  Consumer Staples Mid-Cap Growth 0.49%
 ON Semiconductor Corporation ON Information Technology  Information Technology Mid-Cap Value 0.48%
 National Fuel Gas Company NFG Utilities  Utilities Mid-Cap Value 0.47%
 Chewy, Inc. (Class A) CHWY Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.46%
 Elevance Health Inc. ELV Health Care  Health Care Large-Cap Value 0.44%
 Incyte Corporation INCY Health Care  Health Care Mid-Cap Growth 0.43%
 Commvault Systems, Inc. CVLT Information Technology  Information Technology Mid-Cap Growth 0.43%
 Atmos Energy Corporation ATO Utilities  Utilities Mid-Cap Value 0.42%
 EQT Corporation EQT Energy  Energy Large-Cap Value 0.42%
 Applied Industrial Technologies, Inc. AIT Industrials  Industrials Mid-Cap Growth 0.41%
 Unum Group UNM Financials  Financials Mid-Cap Value 0.41%
 Teledyne Technologies Incorporated TDY Information Technology  Information Technology Mid-Cap Value 0.41%
 Casey's General Stores, Inc. CASY Consumer Staples  Consumer Staples Mid-Cap Growth 0.40%
 M&T Bank Corporation MTB Financials  Financials Large-Cap Value 0.39%
 Cincinnati Financial Corporation CINF Financials  Financials Mid-Cap Value 0.38%
 MGIC Investment Corporation MTG Financials  Financials Mid-Cap Value 0.38%
 Loews Corporation L Financials  Financials Mid-Cap Value 0.38%
 Daiichi Sankyo Company, Limited (ADR) DSNKY Health Care  Health Care Large-Cap Value 0.38%
 Ulta Beauty, Inc. ULTA Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.38%
 Snap-on Incorporated SNA Industrials  Industrials Mid-Cap Value 0.37%
 PulteGroup, Inc. PHM Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.37%
 United Therapeutics Corporation UTHR Health Care  Health Care Mid-Cap Value 0.37%
 Sterling Infrastructure, Inc. STRL Industrials  Industrials Mid-Cap Growth 0.36%
 IES Holdings, Inc. IESC Industrials  Industrials Mid-Cap Growth 0.36%
 The Mosaic Company MOS Materials  Materials Mid-Cap Value 0.36%
 Stride, Inc. LRN Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.35%
 Primoris Services Corporation PRIM Industrials  Industrials Mid-Cap Growth 0.35%
 Corcept Therapeutics Inc. CORT Health Care  Health Care Mid-Cap Growth 0.35%
 Tradeweb Markets Inc. (Class A) TW Financials  Financials Mid-Cap Growth 0.35%
 Expand Energy Corporation EXE Energy  Energy Mid-Cap Value 0.35%
 InterDigital, Inc. IDCC Information Technology  Information Technology Mid-Cap Growth 0.34%
 Liberty Broadband Corporation (Class C) LBRDK Communication Services  Communication Services Mid-Cap Value 0.34%
 Medpace Holdings, Inc. MEDP Health Care  Health Care Mid-Cap Growth 0.34%
 The New York Times Company (Class A) NYT Communication Services  Communication Services Mid-Cap Growth 0.33%
 Ingredion Incorporated INGR Consumer Staples  Consumer Staples Mid-Cap Value 0.33%
 Centene Corporation CNC Health Care  Health Care Mid-Cap Value 0.33%
 Super Micro Computer, Inc. SMCI Information Technology  Information Technology Mid-Cap Growth 0.33%
 BJ's Wholesale Club Holdings, Inc. BJ Consumer Staples  Consumer Staples Mid-Cap Growth 0.33%
 CNA Financial Corporation CNA Financials  Financials Mid-Cap Value 0.32%
 Commercial Metals Company CMC Materials  Materials Mid-Cap Value 0.32%
 Hewlett Packard Enterprise Company HPE Information Technology  Information Technology Mid-Cap Value 0.32%
 Reliance Inc. RS Materials  Materials Mid-Cap Value 0.30%
 Science Applications International Corporation SAIC Industrials  Industrials Mid-Cap Growth 0.30%
 HF Sinclair Corp. DINO Energy  Energy Mid-Cap Value 0.30%
 Meritage Homes Corporation MTH Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.29%
 Molson Coors Beverage Company TAP Consumer Staples  Consumer Staples Mid-Cap Value 0.29%
 Texas Roadhouse, Inc. TXRH Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.29%
 Hims & Hers Health, Inc. HIMS Health Care  Health Care Mid-Cap Growth 0.29%
 AptarGroup, Inc. ATR Materials  Materials Mid-Cap Growth 0.28%
 Badger Meter, Inc. BMI Information Technology  Information Technology Mid-Cap Growth 0.28%
 AAON, Inc. AAON Industrials  Industrials Mid-Cap Growth 0.28%
 Stellantis N.V. STLA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.28%
 Coterra Energy Inc. CTRA Energy  Energy Mid-Cap Value 0.27%
 Cal-Maine Foods, Inc. CALM Consumer Staples  Consumer Staples Mid-Cap Value 0.27%
 Erie Indemnity Company ERIE Financials  Financials Mid-Cap Growth 0.27%
 Qualys, Inc. QLYS Information Technology  Information Technology Small-Cap Growth 0.27%
 Sanmina Corporation SANM Information Technology  Information Technology Mid-Cap Value 0.26%
 Graham Holdings Company GHC Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.25%
 Cirrus Logic, Inc. CRUS Information Technology  Information Technology Mid-Cap Value 0.25%
 Murphy USA Inc. MUSA Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.24%
 Urban Outfitters, Inc. URBN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.23%
 Novo Nordisk A/S (ADR) NVO Health Care  Health Care Large-Cap Growth 0.23%
 Comstock Resources, Inc. CRK Energy  Energy Small-Cap Growth 0.23%
 FTI Consulting, Inc. FCN Industrials  Industrials Mid-Cap Value 0.23%
 ACADIA Pharmaceuticals Inc. ACAD Health Care  Health Care Small-Cap Growth 0.23%
 PJT Partners Inc. (Class A) PJT Financials  Financials Small-Cap Growth 0.23%
 TEGNA Inc. TGNA Communication Services  Communication Services Small-Cap Value 0.22%
 Deckers Outdoor Corporation DECK Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.22%
 ADMA Biologics, Inc. ADMA Health Care  Health Care Small-Cap Growth 0.22%
 NOV Inc. NOV Energy  Energy Small-Cap Value 0.21%
 Dycom Industries, Inc. DY Industrials  Industrials Mid-Cap Growth 0.21%
 Grand Canyon Education, Inc. LOPE Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.21%
 Lantheus Holdings, Inc. LNTH Health Care  Health Care Small-Cap Growth 0.21%
 Columbia Banking System, Inc. COLB Financials  Financials Mid-Cap Value 0.20%
 Cathay General Bancorp CATY Financials  Financials Small-Cap Value 0.20%
 FMC Corporation FMC Materials  Materials Small-Cap Value 0.20%
 Insight Enterprises, Inc. NSIT Information Technology  Information Technology Small-Cap Growth 0.19%
 Spire Inc. SR Utilities  Utilities Small-Cap Value 0.19%
 Chord Energy Corporation CHRD Energy  Energy Mid-Cap Value 0.19%
 WSFS Financial Corporation WSFS Financials  Financials Small-Cap Value 0.18%
 M/I Homes, Inc. MHO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.18%
 First Financial Bancorp. FFBC Financials  Financials Small-Cap Value 0.18%
 International Bancshares Corporation IBOC Financials  Financials Small-Cap Value 0.18%
 Molina Healthcare, Inc. MOH Health Care  Health Care Mid-Cap Value 0.18%
 ONE Gas, Inc. OGS Utilities  Utilities Small-Cap Value 0.18%
 Tidewater Inc. TDW Energy  Energy Small-Cap Growth 0.18%
 Avidity Biosciences, Inc. RNA Health Care  Health Care Mid-Cap Growth 0.18%
 Brady Corporation BRC Industrials  Industrials Small-Cap Growth 0.17%
 Weis Markets, Inc. WMK Consumer Staples  Consumer Staples Small-Cap Value 0.17%
 CNX Resources Corporation CNX Energy  Energy Small-Cap Value 0.17%
 CVB Financial Corp. CVBF Financials  Financials Small-Cap Value 0.17%
 Visteon Corporation VC Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.17%
 Gulfport Energy Corporation GPOR Energy  Energy Small-Cap Growth 0.17%
 Black Hills Corporation BKH Utilities  Utilities Small-Cap Value 0.16%
 Avista Corporation AVA Utilities  Utilities Small-Cap Value 0.16%
 MGE Energy, Inc. MGEE Utilities  Utilities Small-Cap Growth 0.16%
 Abercrombie & Fitch Co. (Class A) ANF Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.15%
 Avnet, Inc. AVT Information Technology  Information Technology Small-Cap Value 0.15%
 Agilysys, Inc. AGYS Information Technology  Information Technology Small-Cap Growth 0.15%
 CorVel Corporation CRVL Health Care  Health Care Small-Cap Growth 0.15%
 Schneider National, Inc. (Class B) SNDR Industrials  Industrials Small-Cap Value 0.15%
 Oscar Health, Inc. (Class A) OSCR Financials  Financials Small-Cap Growth 0.15%
 Otter Tail Corporation OTTR Utilities  Utilities Small-Cap Growth 0.14%
 Terex Corporation TEX Industrials  Industrials Small-Cap Growth 0.14%
 La-Z-Boy Incorporated LZB Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.14%
 Cabot Corporation CBT Materials  Materials Small-Cap Growth 0.13%
 Hub Group, Inc. HUBG Industrials  Industrials Small-Cap Value 0.13%
 Photronics, Inc. PLAB Information Technology  Information Technology Small-Cap Value 0.12%
 The Andersons, Inc. ANDE Consumer Staples  Consumer Staples Small-Cap Value 0.12%
 Warrior Met Coal, Inc. HCC Materials  Materials Small-Cap Value 0.12%
 Alkami Technology, Inc. ALKT Information Technology  Information Technology Small-Cap Growth 0.12%
 Concentrix Corporation CNXC Industrials  Industrials Small-Cap Value 0.11%
 Vishay Intertechnology, Inc. VSH Information Technology  Information Technology Small-Cap Value 0.10%
 American Eagle Outfitters, Inc. AEO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.10%
 Columbia Sportswear Company COLM Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.10%
 Innospec Inc. IOSP Materials  Materials Small-Cap Growth 0.10%
 Peabody Energy Corporation BTU Energy  Energy Small-Cap Value 0.10%
 Core Natural Resources Inc. CNR Energy  Energy Small-Cap Value 0.10%
 Edgewell Personal Care Company EPC Consumer Staples  Consumer Staples Small-Cap Value 0.09%
 Helmerich & Payne, Inc. HP Energy  Energy Small-Cap Value 0.09%
 Millrose Properties, Inc. (Class A) MRP Real Estate  Real Estate Mid-Cap Value 0.09%
 Axcelis Technologies, Inc. ACLS Information Technology  Information Technology Small-Cap Growth 0.08%
 GCI Liberty, Inc. (Class C) GLIBK Communication Services  Communication Services Small-Cap Value 0.04%
 
Total Number of Holdings:    212
Underlying Securities information represented above is as of 09/02/2025 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.

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.

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.

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.

Public Health Crisis Risk. A public health crisis, and the ensuing policies enacted by governments and central banks in response, could cause significant volatility and uncertainty in global financial markets, negatively impacting global growth prospects.

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.

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