Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 

Sabrient Small Cap Growth, 12  Ticker: FITWCX
 
Description
This unit investment trust seeks above-average capital appreciation; however, there is no assurance the objective will be met.
 
Summary
Product Code: SBSC12
Portfolio Status: Secondary
Initial Offer Date: 10/17/2016
Secondary Date: 01/13/2017
Portfolio Ending Date: 01/17/2018
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $11.1196
POP(*): $11.3989
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 * $0.0619
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 18.24%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 1.80%
Financials  Financials 15.51%
Health Care  Health Care 5.93%
Industrials  Industrials 15.18%
Information Technology  Information Technology 27.16%
Materials  Materials 16.03%
Real Estate  Real Estate 0.00%
Telecommunication Services  Telecommunication Services 0.00%
Utilities  Utilities 0.00%
Other  Other 0.15%
 
  Large Mid Small  
Growth  0.00% 5.67% 39.81%  
Value  0.00% 4.89% 49.48%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 5.67%
Mid-Cap Value 4.89%
Small-Cap Growth 39.81%
Small-Cap Value 49.48%
Undetermined 0.15%
 Composition
U.S. Stocks 84.88%   Other 0.15%
Non-U.S. Stocks 14.97%      
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 $1,842.53
Weighted Average Price/Earnings 20.17
Weighted Average Price/Book 1.98
As of 4/28/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 MKS Instruments, Inc. MKSI Information Technology  Information Technology Mid-Cap Growth 3.09%
 TopBuild Corp. BLD Consumer Discretionary  Consumer Discretionary Small-Cap Value 3.06%
 Advanced Energy Industries, Inc. AEIS Information Technology  Information Technology Small-Cap Growth 3.05%
 Nanometrics Incorporated NANO Information Technology  Information Technology Small-Cap Growth 3.03%
 Supernus Pharmaceuticals, Inc. SUPN Health Care  Health Care Small-Cap Growth 3.00%
 TTM Technologies, Inc. TTMI Information Technology  Information Technology Small-Cap Value 2.94%
 Builders FirstSource, Inc. BLDR Industrials  Industrials Small-Cap Growth 2.81%
 Headwaters Incorporated HW Materials  Materials Small-Cap Growth 2.62%
 Semtech Corporation SMTC Information Technology  Information Technology Small-Cap Growth 2.59%
 Louisiana-Pacific Corporation LPX Materials  Materials Mid-Cap Growth 2.58%
 M.D.C. Holdings, Inc. MDC Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.58%
 Taylor Morrison Home Corporation (Class A) TMHC Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.54%
 Essent Group Ltd. ESNT Financials  Financials Mid-Cap Value 2.54%
 Banc of California, Inc. BANC Financials  Financials Small-Cap Value 2.51%
 William Lyon Homes (Class A) WLH Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.47%
 Dycom Industries, Inc. DY Industrials  Industrials Small-Cap Growth 2.42%
 Radian Group Inc. RDN Financials  Financials Mid-Cap Value 2.35%
 Haynes International, Inc. HAYN Materials  Materials Small-Cap Value 2.35%
 Commercial Metals Company CMC Materials  Materials Small-Cap Value 2.33%
 Aircastle Limited AYR Industrials  Industrials Small-Cap Value 2.31%
 Tetra Tech, Inc. TTEK Industrials  Industrials Small-Cap Growth 2.29%
 Boyd Gaming Corporation BYD Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.28%
 Vishay Intertechnology, Inc. VSH Information Technology  Information Technology Small-Cap Value 2.26%
 Global Brass and Copper Holdings, Inc. BRSS Industrials  Industrials Small-Cap Growth 2.24%
 Orbotech Ltd. ORBK Information Technology  Information Technology Small-Cap Value 2.23%
 InterDigital, Inc. IDCC Information Technology  Information Technology Small-Cap Growth 2.23%
 LegacyTexas Financial Group, Inc. LTXB Financials  Financials Small-Cap Value 2.23%
 Mellanox Technologies, Ltd. MLNX Information Technology  Information Technology Small-Cap Growth 2.16%
 Constellium N.V. (Class A) CSTM Materials  Materials Small-Cap Growth 2.15%
 LCI Industries LCII Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.07%
 HomeStreet, Inc. HMST Financials  Financials Small-Cap Value 2.02%
 Kaiser Aluminum Corporation KALU Materials  Materials Small-Cap Value 2.01%
 Hecla Mining Company HL Materials  Materials Small-Cap Value 1.99%
 AMAG Pharmaceuticals, Inc. AMAG Health Care  Health Care Small-Cap Value 1.98%
 Mitel Networks Corporation MITL Information Technology  Information Technology Small-Cap Value 1.98%
 Cohen & Steers, Inc. CNS Financials  Financials Small-Cap Growth 1.96%
 PGT, Inc. PGTI Industrials  Industrials Small-Cap Growth 1.96%
 Kemper Corporation KMPR Financials  Financials Small-Cap Value 1.90%
 MarineMax, Inc. HZO Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.86%
 Pacific Ethanol, Inc. PEIX Energy  Energy Small-Cap Value 1.80%
 Fabrinet FN Information Technology  Information Technology Small-Cap Value 1.60%
 The Finish Line, Inc. (Class A) FINL Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.38%
 Babcock & Wilcox Enterprise, Inc. BW Industrials  Industrials Small-Cap Value 1.15%
 Depomed, Inc. DEPO Health Care  Health Care Small-Cap Growth 0.95%
 
Total Number of Holdings:    44
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.

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.

IRA Risk. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

Although the portfolio terminates in approximately one year, the strategy is long-term. Investors should consider their ability to pursue investing in successive portfolios, if available. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

Printer Friendly Page Printer Friendly Page

 
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2017 All rights reserved.