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Richard Bernstein Advisors Global Dividend Kings®, 22  Ticker: FAEKRX
 
Description
A unit investment trust that seeks total return through a combination of dividend income and capital appreciation. The stocks are selected for the trust by Richard Bernstein Advisors (RBA) using a comprehensive process.
 
Summary
Product Code: RBGD22
Portfolio Status: Secondary
Initial Offer Date: 05/19/2017
Secondary Date: 07/10/2017
Portfolio Ending Date: 05/20/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.6157
POP(*): $9.9593
Remaining Deferred Sales Charge: $0.2450
* As of Trade Date: 07/25/2017 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.

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution * $0.4044
Subsequent Years * $0.4036
As of 07/24/2017
* The estimated net annual distribution for subsequent years is expected to be less than the amount for the first year because a portion of the securities included in the portfolio will be sold to pay for organization costs, the deferred sales charge and the creation and development fee.  The estimates are based on annualizing the most recent dividends declared by the issuers of the securities included in the portfolio. There is no guarantee that the issuers of the securities included in the portfolio will declare distributions in the future or that, if declared, they will either remain at current levels or increase over time.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Consumer Discretionary  Consumer Discretionary 14.94%
Consumer Staples  Consumer Staples 2.84%
Energy  Energy 16.03%
Financials  Financials 20.76%
Health Care  Health Care 2.02%
Industrials  Industrials 2.56%
Information Technology  Information Technology 5.08%
Materials  Materials 0.00%
Real Estate  Real Estate 13.27%
Telecommunication Services  Telecommunication Services 8.19%
Utilities  Utilities 14.15%
Other  Other 0.16%
 
  Large Mid Small  
Growth  12.42% 5.93% 1.17%  
Value  44.25% 34.05% 2.02%  

 Style Weighting
Large-Cap Growth 12.42%
Large-Cap Value 44.25%
Mid-Cap Growth 5.93%
Mid-Cap Value 34.05%
Small-Cap Growth 1.17%
Small-Cap Value 2.02%
Undetermined 0.16%
 Composition
U.S. Stocks 42.74%   Other 0.16%
Non-U.S. Stocks 57.10%      
The style and sector characteristics of the portfolio are determined as of 07/24/2017 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $42,057.70
Weighted Average Price/Earnings 15.94
Weighted Average Price/Book 1.90
As of 7/24/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Telenor ASA TEL.NO Telecommunication Services  Telecommunication Services Large-Cap Growth 2.41%
 CI Financial Corp. CIX.CN Financials  Financials Mid-Cap Growth 2.24%
 HSBC Holdings Plc HSBA.LN Financials  Financials Large-Cap Value 2.17%
 ONEOK, Inc. OKE Energy  Energy Large-Cap Growth 2.16%
 Canadian Imperial Bank of Commerce CM.CN Financials  Financials Large-Cap Value 2.16%
 Westpac Banking Corporation WBC.AU Financials  Financials Large-Cap Value 2.14%
 Emera Incorporated EMA.CN Utilities  Utilities Mid-Cap Value 2.14%
 Pembina Pipeline Corporation PPL.CN Energy  Energy Mid-Cap Value 2.13%
 Commonwealth Bank of Australia CBA.AU Financials  Financials Large-Cap Value 2.13%
 Sampo Oyj (Class A) SAMPO.FH Financials  Financials Large-Cap Value 2.10%
 National Retail Properties, Inc. NNN Real Estate  Real Estate Mid-Cap Value 2.09%
 Swiss Re AG SREN.VX Financials  Financials Large-Cap Value 2.09%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 2.07%
 Kohl's Corporation KSS Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.06%
 Realty Income Corporation O Real Estate  Real Estate Mid-Cap Value 2.06%
 People's United Financial, Inc. PBCT Financials  Financials Mid-Cap Value 2.05%
 AltaGas Ltd. ALA.CN Energy  Energy Mid-Cap Value 2.04%
 BCE Inc. BCE.CN Telecommunication Services  Telecommunication Services Large-Cap Value 2.03%
 Pfizer Inc. PFE Health Care  Health Care Large-Cap Value 2.02%
 Kimco Realty Corporation KIM Real Estate  Real Estate Mid-Cap Value 2.02%
 Nissan Motor Co., Ltd. 7201.JP Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.02%
 Hyprop Investments Limited HYP.SJ Real Estate  Real Estate Small-Cap Value 2.02%
 Simon Property Group, Inc. SPG Real Estate  Real Estate Large-Cap Growth 2.01%
 Sekisui House, Ltd. 1928.JP Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.00%
 Inter Pipeline Ltd. IPL.CN Energy  Energy Mid-Cap Value 2.00%
 Duke Energy Corporation DUK Utilities  Utilities Large-Cap Value 1.98%
 Welltower Inc. HCN Real Estate  Real Estate Large-Cap Value 1.96%
 SES S.A. SESG.FP Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.96%
 APA Group APA.AU Utilities  Utilities Mid-Cap Value 1.95%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 1.93%
 Macy's, Inc. M Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.93%
 Bayerische Motoren Werke (BMW) AG BMW.GY Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.91%
 Occidental Petroleum Corporation OXY Energy  Energy Large-Cap Value 1.91%
 Macquarie Infrastructure Company LLC MIC Industrials  Industrials Mid-Cap Value 1.91%
 Nordea Bank AB NDA.SS Financials  Financials Large-Cap Value 1.90%
 SSE Plc SSE.LN Utilities  Utilities Large-Cap Value 1.90%
 Enagas S.A. ENG.SM Energy  Energy Mid-Cap Value 1.90%
 Verizon Communications Inc. VZ Telecommunication Services  Telecommunication Services Large-Cap Growth 1.89%
 Target Corporation TGT Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.89%
 Imperial Brands Plc IMB.LN Consumer Staples  Consumer Staples Large-Cap Growth 1.87%
 AT&T Inc. T Telecommunication Services  Telecommunication Services Large-Cap Value 1.86%
 The Southern Company SO Utilities  Utilities Large-Cap Value 1.86%
 QUALCOMM Incorporated QCOM Information Technology  Information Technology Large-Cap Value 1.83%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 1.82%
 Targa Resources Corp. TRGP Energy  Energy Mid-Cap Value 1.82%
 National Grid Plc NG/.LN Utilities  Utilities Large-Cap Value 1.51%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Growth 1.43%
 The Foschini Group Limited TFG.SJ Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.17%
 The British Land Company Plc BLND.LN Real Estate  Real Estate Mid-Cap Value 1.11%
 Hengan International Group Company Limited 1044.HK Consumer Staples  Consumer Staples Mid-Cap Growth 0.97%
 Provident Financial Plc PFG.LN Financials  Financials Mid-Cap Growth 0.90%
 Power Assets Holdings Limited 6.HK Utilities  Utilities Large-Cap Value 0.88%
 National Bank of Canada NA.CN Financials  Financials Mid-Cap Value 0.88%
 Transurban Group TCL.AU Industrials  Industrials Large-Cap Growth 0.65%
 
Total Number of Holdings:    54
Underlying Securities information represented above is as of 07/24/2017 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.08160 August 18, 2017
$0.08170 September 20, 2017
$0.08170 October 20, 2017

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.

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.

Foreign Securities Risk. An investment in securities of foreign issuers should be made with an understanding of the additional risks involved, such as currency fluctuations, political risk, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

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.

All data used for the sector and style classification comparisons is from Bloomberg Finance L.P, which we believe to be reliable, but do not take responsibility for its accuracy.

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 advisor 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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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 and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
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