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Sabrient Rising Rate, 2  Ticker: FYTPBX
 
Description
A unit investment trust that seeks above-average capital appreciation. The portfolio seeks to find companies that Sabrient believes are positioned to perform well in environments of rising Treasury yields. The stocks are selected for the trust by Sabrient Systems, LLC by applying a comprehensive investment strategy process.
 
Summary
Product Code: SBRR2
Portfolio Status: Secondary
Initial Offer Date: 08/28/2015
Secondary Date: 11/24/2015
Portfolio Ending Date: 08/28/2017
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $9.9875
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 08/16/2017 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 * $0.0800
As of 08/14/2017
* 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 12.35%
Consumer Staples  Consumer Staples 1.32%
Energy  Energy 1.63%
Financials  Financials 33.12%
Health Care  Health Care 6.70%
Industrials  Industrials 29.84%
Information Technology  Information Technology 11.04%
Materials  Materials 3.88%
Real Estate  Real Estate 0.00%
Telecommunication Services  Telecommunication Services 0.00%
Utilities  Utilities 0.00%
Other  Other 0.12%
 
  Large Mid Small  
Growth  2.51% 7.65% 41.31%  
Value  4.90% 12.21% 31.30%  

 Style Weighting
Large-Cap Growth 2.51%
Large-Cap Value 4.90%
Mid-Cap Growth 7.65%
Mid-Cap Value 12.21%
Small-Cap Growth 41.31%
Small-Cap Value 31.30%
Undetermined 0.12%
 Composition
U.S. Stocks 92.69%   Other 0.12%
Non-U.S. Stocks 7.19%      
The style and sector characteristics of the portfolio are determined as of 08/16/2017 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $11,212.06
Weighted Average Price/Earnings 17.32
Weighted Average Price/Book 1.99
As of 7/31/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Advanced Energy Industries, Inc. AEIS Information Technology  Information Technology Small-Cap Growth 5.52%
 Trinseo S.A. TSE Materials  Materials Small-Cap Growth 3.88%
 CenterState Banks, Inc. CSFL Financials  Financials Small-Cap Value 3.37%
 Rudolph Technologies, Inc. RTEC Information Technology  Information Technology Small-Cap Growth 3.36%
 Wabash National Corporation WNC Industrials  Industrials Small-Cap Growth 3.07%
 United Rentals, Inc. URI Industrials  Industrials Mid-Cap Growth 3.06%
 Boyd Gaming Corporation BYD Consumer Discretionary  Consumer Discretionary Small-Cap Growth 3.05%
 Zions Bancorporation ZION Financials  Financials Mid-Cap Value 2.93%
 Raymond James Financial, Inc. RJF Financials  Financials Mid-Cap Value 2.79%
 Bank of America Corporation BAC Financials  Financials Large-Cap Value 2.75%
 Evercore Partners Inc. EVR Financials  Financials Small-Cap Growth 2.75%
 EMCOR Group, Inc. EME Industrials  Industrials Mid-Cap Value 2.67%
 Independent Bank Group, Inc. IBTX Financials  Financials Small-Cap Value 2.65%
 Nexstar Media Group, Inc. NXST Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.55%
 The Charles Schwab Corporation SCHW Financials  Financials Large-Cap Growth 2.51%
 LegacyTexas Financial Group, Inc. LTXB Financials  Financials Small-Cap Value 2.51%
 INC Research Holdings, Inc. (Class A) INCR Health Care  Health Care Mid-Cap Growth 2.47%
 On Assignment, Inc. ASGN Industrials  Industrials Small-Cap Growth 2.46%
 Ducommun Incorporated DCO Industrials  Industrials Small-Cap Value 2.43%
 Home BancShares, Inc. HOMB Financials  Financials Small-Cap Growth 2.38%
 Big Lots, Inc. BIG Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.25%
 Delta Air Lines, Inc. DAL Industrials  Industrials Large-Cap Value 2.15%
 Brunswick Corporation BC Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.12%
 The Greenbrier Companies, Inc. GBX Industrials  Industrials Small-Cap Value 2.06%
 AMN Healthcare Services, Inc. AMN Health Care  Health Care Small-Cap Growth 2.05%
 Umpqua Holdings Corporation UMPQ Financials  Financials Mid-Cap Value 2.00%
 Stifel Financial Corp. SF Financials  Financials Small-Cap Value 1.98%
 Encore Capital Group, Inc. ECPG Financials  Financials Small-Cap Value 1.91%
 JetBlue Airways Corporation JBLU Industrials  Industrials Mid-Cap Value 1.82%
 MarineMax, Inc. HZO Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.82%
 PGT, Inc. PGTI Industrials  Industrials Small-Cap Growth 1.81%
 Hub Group, Inc. HUBG Industrials  Industrials Small-Cap Value 1.77%
 Heidrick & Struggles International, Inc. HSII Industrials  Industrials Small-Cap Value 1.73%
 ArcBest Corporation ARCB Industrials  Industrials Small-Cap Value 1.68%
 FreightCar America, Inc. RAIL Industrials  Industrials Small-Cap Value 1.65%
 Federated Investors, Inc. (Class B) FII Financials  Financials Small-Cap Growth 1.64%
 Interface, Inc. TILE Industrials  Industrials Small-Cap Growth 1.48%
 Cal-Maine Foods, Inc. CALM Consumer Staples  Consumer Staples Small-Cap Value 1.32%
 Sigma Designs, Inc. SIGM Information Technology  Information Technology Small-Cap Value 1.18%
 Avid Technology, Inc. AVID Information Technology  Information Technology Small-Cap Growth 0.98%
 Dorian LPG Ltd. LPG Energy  Energy Small-Cap Value 0.98%
 Maiden Holdings, Ltd. MHLD Financials  Financials Small-Cap Value 0.95%
 Impax Laboratories, Inc. IPXL Health Care  Health Care Small-Cap Growth 0.79%
 Avadel Pharmaceuticals plc (ADR) AVDL Health Care  Health Care Small-Cap Growth 0.73%
 Kindred Healthcare, Inc. KND Health Care  Health Care Small-Cap Value 0.66%
 Scorpio Tankers Inc. STNG Energy  Energy Small-Cap Value 0.65%
 Sportsman's Warehouse Holdings, Inc. SPWH Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.56%
 
Total Number of Holdings:    47
Underlying Securities information represented above is as of 08/16/2017 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.

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.

Industrials Risk. The companies engaged in the industrials sector are subject to a deterioration in the general state of the economy, intense competition, domestic and international politics, excess capacity and changing spending trends.

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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