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S&P Dividend Aristocrats Buy-Write, Series 36
Ticker Symbol: FKQZTX

54 Holdings (As of Day of Deposit)
Ticker Company Name Initial
Weight
Price1
Equity Securities
ABT Abbott Laboratories 3.60% $102.96
ABBV AbbVie Inc. 4.40% 168.03
AFL Aflac Incorporated 4.08% 93.37
ADP Automatic Data Processing, Inc. 4.24% 242.64
CAH Cardinal Health, Inc. 4.10% 93.74
CAT Caterpillar Inc. 3.02% 345.77
CVX Chevron Corporation 4.14% 158.04
CB Chubb Limited 4.55% 260.20
CL Colgate-Palmolive Company 4.25% 97.25
EMR Emerson Electric Co. 4.09% 116.97
XOM Exxon Mobil Corporation 4.03% 115.21
GD General Dynamics Corporation 4.99% 285.42
IBM International Business Machines Corporation 3.20% 182.88
JNJ Johnson & Johnson 3.91% 149.24
LIN Linde Plc 3.83% 438.18
LOW Lowe’s Companies, Inc. 4.06% 232.17
MCD McDonald’s Corporation 4.40% 251.53
MDT Medtronic Plc 4.04% 77.08
NEE NextEra Energy, Inc. 3.72% 70.97
NUE Nucor Corporation 4.32% 164.87
PEP PepsiCo, Inc. 4.30% 163.86
PPG PPG Industries, Inc. 3.43% 130.88
PG The Procter & Gamble Company 4.31% 164.58
TGT Target Corporation 3.97% 151.30
WMT Walmart Inc. 3.65% 69.61
Description of Call Options Call Premium2
LEAPS
ABT 01/16/26 Abbott Laboratories C 125 -0.17% $480.00
ABBV 01/16/26 AbbVie Inc. C 200 -0.19% 715.00
AFL 01/16/26 Aflac Incorporated C 115 -0.10% 235.00
ADP 01/16/26 Automatic Data Processing, Inc. C 290 -0.17% 1,000.00
CAH 01/16/26 Cardinal Health, Inc. C 115 -0.20% 460.00
CAT 01/16/26 Caterpillar Inc. C 420 -0.19% 2,195.00
CVX 01/16/26 Chevron Corporation C 190 -0.15% 580.00
CB 01/16/26 Chubb Limited C 320 -0.17% 950.00
CL 01/16/26 Colgate-Palmolive Company C 115 -0.11% 260.00
EMR 01/16/26 Emerson Electric Co. C 140 -0.21% 590.00
XOM 01/16/26 Exxon Mobil Corporation C 140 -0.16% 471.00
GD 01/16/26 General Dynamics Corporation C 350 -0.13% 770.00
IBM 01/16/26 International Business Machines Corporation C 220 -0.14% 815.00
JNJ 01/16/26 Johnson & Johnson C 180 -0.10% 393.00
LIN 01/16/26 Linde Plc C 530 -0.16% 1,820.00
LOW 01/16/26 Lowe's Companies, Inc. C 280 -0.25% 1,405.00
MCD 01/16/26 McDonald's Corporation C 305 -0.16% 920.00
MDT 01/16/26 Medtronic Plc C 92.50 -0.08% 160.00
NEE 01/16/26 NextEra Energy, Inc. C 85 -0.19% 360.00
NUE 01/16/26 Nucor Corporation C 200 -0.31% 1,180.00
PEP 01/16/26 PepsiCo, Inc. C 195 -0.10% 390.00
PPG 01/16/26 PPG Industries, Inc. C 160 -0.14% 540.00
PG 01/16/26 The Procter & Gamble Company C 200 -0.09% 341.00
TGT 01/16/26 Target Corporation C 185 -0.29% 1,100.00
WMT 0 01/16/26 Walmart Inc. C 85 -0.15% 282.00
Treasury Obligations
U.S. Treasury Note, 4.375%, due 10/31/2024 0.87%  
U.S. Treasury Note, 4.125%, due 01/31/2025 0.87%  
U.S. Treasury Note, 3.875%, due 04/30/2025 0.87%  
U.S. Treasury Note, 4.75%, due 07/31/2025 0.87%  

1 As of the close of business on 7/15/24.
Market values are for reference only and are not indicative of your individual cost basis.

2 Represents market value per contract. Each contract entitles the holder to purchase 100 shares of common stock at the strike price.


Not FDIC Insured • Not Bank Guaranteed • May Lose Value


Portfolio Summary
Initial Date of Deposit 7/16/2024
Initial Public Offering Price $10.00 per Unit
Portfolio Ending Date 1/21/2026
CUSIP 30336H567
Fee Account Cash CUSIP 30336H575
Estimated Strike Price of the LEAPS as a % of the Market Price of the Common Stocks* 120.98%
Historical 12-Month Distribution Rate of Trust Holdings** 2.05%
Historical 12-Month Distribution Per Unit** $0.2053
Distributions from Treasury Obligations:  
First 12 Months Principal Distribution Per Unit*** $0.2622
Subsequent Months Principal Distribution Per Unit*** $0.0874
Total Principal Distribution Per Unit*** $0.3496

*All of the LEAPS are out-of-the-money as of the initial date of deposit.

**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 12-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 12 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.

***Represents the estimated principal per unit from the maturity of Treasury Obligations. The premium income received from writing call options is invested in U.S. Treasury Notes. Unit holders receive income from the treasury notes until they mature and principal shortly after they mature.


Fee Table (based on a $10 public offering price per unit)
  Standard Fee/Wrap
Deferred Sales Charge 1.35%
Creation & Development Fee (C&D Fee) 0.50% 0.50%
Maximum Sales Charge 1.85% 0.50%
     
Estimated Organization Costs 0.390% 0.390%
Estimated Annual Trust Operating Expenses 0.215% 0.215%

The deferred sales charge will be deducted in three monthly installments commencing 10/18/24. When the public offering price is less than or equal to $10.00 per unit, there will be no initial sales charge. If the price exceeds $10.00 per unit, you will pay an initial sales charge. The C&D fee is a charge of $0.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10.00 per unit, the C&D fee will be less than 0.50%; if the price you pay is less than $10.00 per unit, the C&D fee will exceed 0.50%. Estimated organization costs will be deducted from the assets of the trust at the end of the initial offering period. Estimated organization costs and trust operating expenses are assessed on a fixed dollar amount per unit basis which, as a percentage of average net assets, will vary over time. Actual expenses may be more or less than the estimates. Please see “Fee Table” in the trust prospectus for additional information.

You should consider the portfolio's investment objectives, risks, and charges and expenses carefully 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 portfolio. Read it carefully before you invest.

The S&P 500 Dividend Aristocrats Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has been licensed for use by First Trust Portfolios L.P. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust Portfolios L.P. The S&P Dividend Aristocrats Buy-Write Portfolio is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Dividend Aristocrats Index.

Risk Considerations
An investment in this unmanaged unit investment trust should be made with the understanding of the risks involved with common stocks, LEAPS, and U.S. Treasury notes.

Common stocks are subject to 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.

The value of U.S. Treasury notes will be adversely affected by decreases in bond prices and increases in interest rates.

The value of the LEAPS is deducted from the value of the portfolio assets when determining the value of a unit. As the value of the LEAPS increases, it has a more negative impact on the value of the units. The value of the LEAPS will also be affected by changes in the value and dividend rates of the underlying stocks, an increase in interest rates, a change in the actual and perceived volatility of the stock market and the stocks and the remaining time to expiration. Additionally, the value of the LEAPS does not increase or decrease at the same rate as the underlying stock. However, as the LEAPS approach their expiration date, their value increasingly moves with the price of the stock.

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.

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.

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.

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.

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.

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.

 

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
30336H567 (Cash)
30336H575 (Cash-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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