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Sabrient Dividend, 10  Ticker: FERIVX
 
Description
A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income. The portfolio seeks to find companies with above-average dividend yields. The stocks are selected for the trust by Sabrient Systems, LLC by applying a seven-step investment strategy process.
 
Summary
Product Code: SBDV10
Portfolio Status: Secondary
Initial Offer Date: 06/15/2015
Secondary Date: 09/11/2015
Portfolio Ending Date: 06/15/2017
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.5087
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 04/28/2017 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 Per Unit * $0.3410
As of 04/24/2017
* 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 5.38%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 8.68%
Financials  Financials 17.95%
Health Care  Health Care 6.53%
Industrials  Industrials 8.91%
Information Technology  Information Technology 13.65%
Materials  Materials 13.70%
Real Estate  Real Estate 9.00%
Telecommunication Services  Telecommunication Services 0.00%
Utilities  Utilities 15.97%
Other  Other 0.23%
 
  Large Mid Small  
Growth  18.50% 7.07% 3.85%  
Value  16.89% 34.78% 18.68%  

 Style Weighting
Large-Cap Growth 18.50%
Large-Cap Value 16.89%
Mid-Cap Growth 7.07%
Mid-Cap Value 34.78%
Small-Cap Growth 3.85%
Small-Cap Value 18.68%
Undetermined 0.23%
 Composition
U.S. Stocks 88.48%   Other 0.23%
Non-U.S. Stocks 11.29%      
The style and sector characteristics of the portfolio are determined as of 04/28/2017 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $54,941.19
Weighted Average Price/Earnings 17.13
Weighted Average Price/Book 1.84
As of 4/28/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 KLA-Tencor Corporation KLAC Information Technology  Information Technology Large-Cap Growth 3.50%
 Steel Dynamics, Inc. STLD Materials  Materials Mid-Cap Value 3.31%
 Microchip Technology Incorporated MCHP Information Technology  Information Technology Large-Cap Growth 3.19%
 CMS Energy Corporation CMS Utilities  Utilities Mid-Cap Value 2.82%
 The GEO Group, Inc. GEO Real Estate  Real Estate Mid-Cap Growth 2.80%
 Xcel Energy Inc. XEL Utilities  Utilities Large-Cap Value 2.76%
 Portland General Electric Company POR Utilities  Utilities Mid-Cap Value 2.72%
 Avista Corporation AVA Utilities  Utilities Small-Cap Value 2.64%
 SCANA Corporation SCG Utilities  Utilities Mid-Cap Value 2.63%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 2.53%
 Darden Restaurants, Inc. DRI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.47%
 First American Financial Corporation FAF Financials  Financials Mid-Cap Value 2.46%
 Simmons First National Corporation SFNC Financials  Financials Small-Cap Value 2.45%
 The Dow Chemical Company DOW Materials  Materials Large-Cap Value 2.40%
 Great Plains Energy Incorporated GXP Utilities  Utilities Mid-Cap Value 2.40%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Value 2.38%
 Ryman Hospitality Properties, Inc. RHP Real Estate  Real Estate Small-Cap Growth 2.36%
 Intel Corporation INTC Information Technology  Information Technology Large-Cap Value 2.31%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Growth 2.27%
 Olin Corporation OLN Materials  Materials Mid-Cap Value 2.25%
 Apollo Commercial Real Estate Finance, Inc. ARI Financials  Financials Small-Cap Value 2.25%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Value 2.19%
 United Parcel Service, Inc. (Class B) UPS Industrials  Industrials Large-Cap Growth 2.13%
 Blackstone Mortgage Trust, Inc. (Class A) BXMT Financials  Financials Small-Cap Value 2.08%
 New Residential Investment Corp. NRZ Financials  Financials Mid-Cap Value 2.08%
 Owens & Minor, Inc. OMI Health Care  Health Care Small-Cap Value 2.04%
 Aircastle Limited AYR Industrials  Industrials Small-Cap Value 2.03%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 1.96%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 1.94%
 Umpqua Holdings Corporation UMPQ Financials  Financials Mid-Cap Value 1.89%
 Macquarie Infrastructure Company LLC MIC Industrials  Industrials Mid-Cap Value 1.88%
 Omega Healthcare Investors, Inc. OHI Real Estate  Real Estate Mid-Cap Value 1.81%
 Host Hotels & Resorts, Inc. HST Real Estate  Real Estate Mid-Cap Value 1.80%
 Agrium Inc. AGU Materials  Materials Mid-Cap Value 1.80%
 LPL Financial Holdings Inc. LPLA Financials  Financials Mid-Cap Growth 1.80%
 OFG Bancorp OFG Financials  Financials Small-Cap Value 1.68%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Growth 1.62%
 Ford Motor Company F Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.51%
 Target Corporation TGT Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.40%
 HollyFrontier Corporation HFC Energy  Energy Mid-Cap Value 1.37%
 The Williams Companies, Inc. WMB Energy  Energy Large-Cap Growth 1.30%
 Artisan Partners Asset Management Inc. APAM Financials  Financials Small-Cap Growth 1.26%
 Targa Resources Corp. TRGP Energy  Energy Mid-Cap Value 1.24%
 The Mosaic Company MOS Materials  Materials Mid-Cap Value 1.21%
 Potash Corporation of Saskatchewan Inc. POT Materials  Materials Mid-Cap Value 1.11%
 Tsakos Energy Navigation Limited TNP Energy  Energy Small-Cap Value 0.92%
 Scorpio Tankers Inc. STNG Energy  Energy Small-Cap Value 0.90%
 Costamare Inc. CMRE Industrials  Industrials Small-Cap Value 0.68%
 Teekay Tankers Ltd. TNK Energy  Energy Small-Cap Value 0.55%
 Bristow Group Inc. BRS Energy  Energy Small-Cap Value 0.46%
 Four Corners Property Trust, Inc. FCPT Real Estate  Real Estate Small-Cap Growth 0.23%
 
Total Number of Holdings:    51
Underlying Securities information represented above is as of 04/28/2017 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.

Business Development Company Risk. Certain of the securities in the portfolio are issued by closed-end investment companies which have been elected to be treated as Business Development Companies (BDC). An investment in BDCs is subject to various risks, including management's ability to meet the BDC's investment objective, and to manage the BDC's portfolio during periods of market turmoil. BDCs may trade in the market at a discount to their net asset value. BDCs may employ the use of leverage which subjects the BDC to increased risks.

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.

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.

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.

High-Yield or Junk Bonds Risk. Investing in high-yield securities or "junk" bonds should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such securities. High-yield securities are subject to numerous risks, including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. High-yield security prices tend to fluctuate more than higher rated securities and are affected by short-term credit developments to a greater degree.

Investment Grade Bonds Risk. Investment grade securities are subject to numerous risks including higher interest rates, economic recession, deterioration of the investment grade security market or investors' perception thereof, possible downgrades and defaults of interest and/or principal.

Preferred Securities Risk. Preferred securities are equity securities of the issuing company which pay income in the form of dividends. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure, and therefore will be subject to greater credit risk than those debt instruments.

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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