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, 13  Ticker: FHETLX
 
Description
This unit investment trust seeks above-average capital appreciation; however, there is no assurance the objective will be met.
 
Summary
Product Code: SBSC13
Portfolio Status: Primary
Initial Offer Date: 01/13/2017
Portfolio Ending Date: 04/13/2018
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $9.9578
POP(*): $10.2089
Remaining Deferred Sales Charge: $0.1450
* As of Trade Date: 02/17/2017 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
Year 1 * $0.0471
Subsequent Years * $0.0468
As of 02/13/2017
* 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 25.31%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 6.04%
Financials  Financials 11.11%
Health Care  Health Care 11.38%
Industrials  Industrials 10.93%
Information Technology  Information Technology 24.53%
Materials  Materials 10.67%
Real Estate  Real Estate 0.00%
Telecommunication Services  Telecommunication Services 0.00%
Utilities  Utilities 0.00%
Other  Other 0.03%
 
  Large Mid Small  
Growth  0.00% 0.00% 47.00%  
Value  0.00% 4.93% 48.04%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 0.00%
Mid-Cap Value 4.93%
Small-Cap Growth 47.00%
Small-Cap Value 48.04%
Undetermined 0.03%
 Composition
U.S. Stocks 86.90%   Other 0.03%
Non-U.S. Stocks 13.07%      
The style and sector characteristics of the portfolio are determined as of 02/17/2017 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $1,537.84
Weighted Average Price/Earnings 20.20
Weighted Average Price/Book 1.82
As of 2/17/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Control4 Corporation CTRL Information Technology  Information Technology Small-Cap Growth 2.78%
 Louisiana-Pacific Corporation LPX Materials  Materials Mid-Cap Value 2.58%
 MarineMax, Inc. HZO Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.52%
 TTM Technologies, Inc. TTMI Information Technology  Information Technology Small-Cap Value 2.42%
 Mellanox Technologies, Ltd. MLNX Information Technology  Information Technology Small-Cap Growth 2.36%
 Legg Mason, Inc. LM Financials  Financials Mid-Cap Value 2.35%
 Pan American Silver Corp. PAAS Materials  Materials Small-Cap Value 2.35%
 Essent Group Ltd. ESNT Financials  Financials Small-Cap Growth 2.31%
 Primoris Services Corporation PRIM Industrials  Industrials Small-Cap Growth 2.28%
 Semtech Corporation SMTC Information Technology  Information Technology Small-Cap Growth 2.26%
 Pacific Premier Bancorp, Inc. PPBI Financials  Financials Small-Cap Growth 2.26%
 FormFactor, Inc. FORM Information Technology  Information Technology Small-Cap Value 2.23%
 Nanometrics Incorporated NANO Information Technology  Information Technology Small-Cap Growth 2.22%
 M.D.C. Holdings, Inc. MDC Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.21%
 Advanced Energy Industries, Inc. AEIS Information Technology  Information Technology Small-Cap Growth 2.21%
 AMAG Pharmaceuticals, Inc. AMAG Health Care  Health Care Small-Cap Value 2.21%
 Winnebago Industries, Inc. WGO Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.20%
 Astec Industries, Inc. ASTE Industrials  Industrials Small-Cap Growth 2.19%
 Tower International, Inc. TOWR Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.19%
 BCM Stock Holdings, Inc. BMCH Industrials  Industrials Small-Cap Value 2.19%
 Supernus Pharmaceuticals, Inc. SUPN Health Care  Health Care Small-Cap Growth 2.16%
 William Lyon Homes (Class A) WLH Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.15%
 TriNet Group, Inc. TNET Industrials  Industrials Small-Cap Growth 2.14%
 ArcBest Corporation ARCB Industrials  Industrials Small-Cap Value 2.13%
 Owens-Illinois, Inc. OI Materials  Materials Small-Cap Growth 2.11%
 National General Holdings Corp. NGHC Financials  Financials Small-Cap Value 2.11%
 PBF Energy Inc. PBF Energy  Energy Small-Cap Value 2.10%
 Time Inc. TIME Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.10%
 Hope Bancorp, Inc. HOPE Financials  Financials Small-Cap Value 2.08%
 KB Home KBH Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.07%
 Travelport Worldwide Limited TVPT Information Technology  Information Technology Small-Cap Growth 2.04%
 Mitel Networks Corporation MITL Information Technology  Information Technology Small-Cap Value 2.04%
 Green Plains Inc. GPRE Energy  Energy Small-Cap Value 2.03%
 Caleres, Inc. CAL Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.02%
 Taylor Morrison Home Corporation (Class A) TMHC Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.01%
 The Hackett Group, Inc. HCKT Information Technology  Information Technology Small-Cap Growth 2.00%
 Orbotech Ltd. ORBK Information Technology  Information Technology Small-Cap Growth 1.97%
 Standard Motor Products, Inc. SMP Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.95%
 LGI Homes, Inc. LGIH Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.95%
 Perry Ellis International, Inc. PERY Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.94%
 Sucampo Pharmaceuticals, Inc. (Class A) SCMP Health Care  Health Care Small-Cap Growth 1.93%
 Pacific Ethanol, Inc. PEIX Energy  Energy Small-Cap Value 1.91%
 AK Steel Holding Corporation AKS Materials  Materials Small-Cap Growth 1.85%
 Depomed, Inc. DEPO Health Care  Health Care Small-Cap Growth 1.81%
 Ryerson Holding Corporation RYI Materials  Materials Small-Cap Growth 1.78%
 Molina Healthcare, Inc. MOH Health Care  Health Care Small-Cap Value 1.70%
 Aceto Corporation ACET Health Care  Health Care Small-Cap Value 1.57%
 
Total Number of Holdings:    47
Underlying Securities information represented above is as of 02/17/2017 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  1.04%
  Deferred:  1.42%
C&D Fee:    0.49%
Maximum Sales Charge:   2.95%
CUSIP Type Distribution
30302D780 Cash Semi-Annual
30302D798 Reinvest Semi-Annual
* Based on the offer price as of 02/17/2017 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.50%
Maximum Sales Charge:   0.50%
CUSIP Type Distribution
30302D806 Cash-Fee Semi-Annual
30302D814 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 02/17/2017 4:00pm ET
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.

 Deferred Sales Charge Schedule
Amount Date
$0.04830 April 20, 2017
$0.04830 May 19, 2017
$0.04840 June 20, 2017

 Volume Discounts
Initial Purchases Maximum
Sales Charge
$50,000 but less than $100,000 2.70%
$100,000 but less than $250,000 2.45%
$250,000 but less than $500,000 2.20%
$500,000 but less than $1,000,000 1.95%
$1,000,000 or more 1.40%

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.

Consumer Products Risk. The companies engaged in the consumer products sector are subject to global competition, changing government regulations and trade policies, currency fluctuations, and the financial and political risks inherent in producing products for foreign markets.

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.