Nasdaq® Dividend Achievers 25, 34

Description

This unit investment trust seeks above-average total return through a combination of capital appreciation and dividend income. The stocks are selected by applying a disciplined selection process that seeks to identify companies that favor dividend growth over high yields.

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

Summary

Product Code:

NQDA34

Portfolio Status:

Secondary

Initial Offer Date:

10/27/2023

Secondary Date:

01/25/2024

Portfolio Ending Date:

01/27/2025

Tax Structure:

Regulated Investment Company

Distributions:

Monthly

Initial Offer Price:	$10.0000
NAV(*):	$13.7278
POP(*):	Not Avail
Remaining Deferred Sales Charge:	$0.0000

* As of Trade Date: 11/20/2024 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)
-----	$0.44150

^ 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	6.56%
Consumer Discretionary	6.60%
Consumer Staples	11.55%
Energy	3.44%
Financials	34.83%
Health Care	3.09%
Industrials	13.50%
Information Technology	11.40%
Materials	8.88%
Real Estate	0.00%
Utilities	0.00%
Other	0.15%

	Large	Mid	Small
Growth	28.01%	4.71%	3.63%
Value	17.50%	31.28%	14.72%

Style	Weighting
Large-Cap Growth	28.01%
Large-Cap Value	17.50%
Mid-Cap Growth	4.71%
Mid-Cap Value	31.28%
Small-Cap Growth	3.63%
Small-Cap Value	14.72%
Undetermined	0.15%

Composition
U.S. Stocks	99.85%	Other	0.15%
Non-U.S. Stocks	0.00%

The style and sector characteristics of the portfolio are determined as of 11/20/2024 and will likely vary thereafter due to market fluctuations in the underlying securities.

Key Stats

Weighted Average Market Cap	$70,101
Price/Earnings	20.15
Price/Book	2.06

As of 11/20/2024

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
KeyCorp	KEY	Financials	Mid-Cap Value	5.39%
Regions Financial Corporation	RF	Financials	Mid-Cap Value	5.24%
Huntington Bancshares Incorporated	HBAN	Financials	Mid-Cap Value	5.19%
Sandy Spring Bancorp, Inc.	SASR	Financials	Small-Cap Value	5.16%
Cummins Inc.	CMI	Industrials	Large-Cap Value	4.80%
Packaging Corporation of America	PKG	Materials	Mid-Cap Growth	4.71%
Truist Financial Corporation	TFC	Financials	Large-Cap Value	4.67%
Premier Financial Corp.	PFC	Financials	Small-Cap Value	4.59%
U.S. Bancorp	USB	Financials	Large-Cap Value	4.59%
Ingredion Incorporated	INGR	Consumer Staples	Mid-Cap Value	4.40%
QUALCOMM Incorporated	QCOM	Information Technology	Large-Cap Growth	4.17%
Eastman Chemical Company	EMN	Materials	Mid-Cap Value	4.17%
The Home Depot, Inc.	HD	Consumer Discretionary	Large-Cap Growth	4.12%
Texas Instruments Incorporated	TXN	Information Technology	Large-Cap Growth	4.00%
Tyson Foods, Inc. (Class A)	TSN	Consumer Staples	Mid-Cap Value	3.96%
Cogent Communications Holdings, Inc.	CCOI	Communication Services	Small-Cap Growth	3.63%
Phillips 66	PSX	Energy	Large-Cap Value	3.44%
Lockheed Martin Corporation	LMT	Industrials	Large-Cap Growth	3.43%
Cisco Systems, Inc.	CSCO	Information Technology	Large-Cap Growth	3.23%
Target Corporation	TGT	Consumer Staples	Large-Cap Growth	3.19%
Amgen Inc.	AMGN	Health Care	Large-Cap Growth	3.09%
The Interpublic Group of Companies, Inc.	IPG	Communication Services	Mid-Cap Value	2.93%
United Parcel Service, Inc. (Class B)	UPS	Industrials	Large-Cap Growth	2.78%
ManpowerGroup Inc.	MAN	Industrials	Small-Cap Value	2.49%
Haverty Furniture Companies, Inc.	HVT	Consumer Discretionary	Small-Cap Value	2.48%

Total Number of Holdings: 25

Underlying Securities information represented above is as of 11/20/2024 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.

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.

Nasdaq^® and NASDAQ US Broad Dividend Achievers Index^TM are registered trademarks of Nasdaq, Inc. (which with its affiliates are the Corporations) and are licensed for use by First Trust Portfolios L.P. The portfolio has not been passed on by the Corporations as to its legality or suitability. The portfolio is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PORTFOLIO.

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

30332V420	(Cash)
30332V438	(Reinvest)
30332V446	(Cash-Fee)
30332V453	(Reinvest-Fee)

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