Deep Value Dividend, 39

Description

A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income. The trust invests in companies that have low estimated current year price-to-earnings (P/E) ratios in addition to above- average dividend yields.

Please note that there is no assurance the objective will be met.

Summary

Product Code:

DVDP39

Portfolio Status:

Secondary

Initial Offer Date:

04/19/2023

Secondary Date:

07/19/2023

Portfolio Ending Date:

04/21/2025

Tax Structure:

Regulated Investment Company

Distributions:

Monthly

Initial Offer Price:	$10.0000
NAV(*):	$12.8605
POP(*):	Not Avail
Remaining Deferred Sales Charge:	$0.0000

* As of Trade Date: 11/22/2024 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 11/18/2024)
-----	$0.31560

^ 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	5.53%
Consumer Discretionary	13.62%
Consumer Staples	5.18%
Energy	12.95%
Financials	24.27%
Health Care	1.61%
Industrials	14.41%
Information Technology	14.91%
Materials	4.42%
Real Estate	0.00%
Utilities	2.94%
Other	0.16%

	Large	Mid	Small
Growth	21.42%	17.55%	2.94%
Value	43.32%	14.61%	0.00%

Style	Weighting
Large-Cap Growth	21.42%
Large-Cap Value	43.32%
Mid-Cap Growth	17.55%
Mid-Cap Value	14.61%
Small-Cap Growth	2.94%
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 11/22/2024 and will likely vary thereafter due to market fluctuations in the underlying securities.

Key Stats

Weighted Average Market Cap	$184,571
Price/Earnings	17.65
Price/Book	2.55

As of 11/21/2024

All market capitalization numbers are in USD$ Millions. All figures are subject to change.

Holdings

Export Current Holdings | View Initial Holdings

Name	Symbol	Sector	Style	Weighting
Broadcom Inc.	AVGO	Information Technology	Large-Cap Growth	6.63%
The Goldman Sachs Group, Inc.	GS	Financials	Large-Cap Value	4.59%
Caterpillar Inc.	CAT	Industrials	Large-Cap Growth	4.45%
JPMorgan Chase & Co.	JPM	Financials	Large-Cap Value	4.45%
Packaging Corporation of America	PKG	Materials	Mid-Cap Growth	4.42%
PACCAR Inc	PCAR	Industrials	Large-Cap Value	4.01%
Cummins Inc.	CMI	Industrials	Large-Cap Growth	4.01%
Bank of America Corporation	BAC	Financials	Large-Cap Value	3.92%
Morgan Stanley	MS	Financials	Large-Cap Value	3.80%
U.S. Bancorp	USB	Financials	Large-Cap Value	3.79%
Dick's Sporting Goods, Inc.	DKS	Consumer Discretionary	Mid-Cap Growth	3.77%
Regions Financial Corporation	RF	Financials	Mid-Cap Value	3.72%
Tapestry, Inc.	TPR	Consumer Discretionary	Mid-Cap Growth	3.56%
Ingredion Incorporated	INGR	Consumer Staples	Mid-Cap Value	3.54%
QUALCOMM Incorporated	QCOM	Information Technology	Large-Cap Growth	3.37%
Phillips 66	PSX	Energy	Large-Cap Value	3.22%
Lowe's Companies, Inc.	LOW	Consumer Discretionary	Large-Cap Value	3.20%
Best Buy Co., Inc.	BBY	Consumer Discretionary	Mid-Cap Growth	3.09%
Cisco Systems, Inc.	CSCO	Information Technology	Large-Cap Growth	2.96%
National Fuel Gas Company	NFG	Utilities	Small-Cap Growth	2.94%
Valero Energy Corporation	VLO	Energy	Large-Cap Value	2.84%
Verizon Communications Inc.	VZ	Communication Services	Large-Cap Value	2.82%
Omnicom Group Inc.	OMC	Communication Services	Mid-Cap Growth	2.71%
Exxon Mobil Corporation	XOM	Energy	Large-Cap Value	2.67%
Chevron Corporation	CVX	Energy	Large-Cap Value	2.40%
Skyworks Solutions, Inc.	SWKS	Information Technology	Mid-Cap Value	1.95%
AGCO Corporation	AGCO	Industrials	Mid-Cap Value	1.94%
Devon Energy Corporation	DVN	Energy	Mid-Cap Value	1.82%
Archer-Daniels-Midland Company	ADM	Consumer Staples	Mid-Cap Value	1.64%
Pfizer Inc.	PFE	Health Care	Large-Cap Value	1.61%

Total Number of Holdings: 30

Underlying Securities information represented above is as of 11/22/2024 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.

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.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

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.

Mid-Cap Risk. An investment in a portfolio containing mid-cap companies is subject to additional risks, as the share prices of 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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