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 Defensive Equity, 11  Ticker: FSEORX
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 falling stock prices but also those companies that have the potential to provide solid performance in rising markets. The stocks are selected for the trust by Sabrient Systems, LLC by applying a seven-step investment strategy process.
Product Code: SBDF11
Portfolio Status: Primary
Initial Offer Date: 03/08/2017
Portfolio Ending Date: 06/08/2018
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
Initial Offer Price: $10.0000
NAV(*): $10.1190
POP(*): $10.3750
Remaining Deferred Sales Charge: $0.1450
* As of Trade Date: 05/24/2017 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 * $0.1437
Subsequent Years * $0.1436
As of 05/22/2017
* 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 16.28%
Consumer Staples  Consumer Staples 3.78%
Energy  Energy 13.65%
Financials  Financials 11.52%
Health Care  Health Care 5.77%
Industrials  Industrials 11.57%
Information Technology  Information Technology 31.37%
Materials  Materials 1.82%
Real Estate  Real Estate 2.07%
Telecommunication Services  Telecommunication Services 1.82%
Utilities  Utilities 0.00%
Other  Other 0.35%
  Large Mid Small  
Growth  18.49% 15.89% 8.08%  
Value  25.75% 24.34% 7.10%  

 Style Weighting
Large-Cap Growth 18.49%
Large-Cap Value 25.75%
Mid-Cap Growth 15.89%
Mid-Cap Value 24.34%
Small-Cap Growth 8.08%
Small-Cap Value 7.10%
Undetermined 0.35%
U.S. Stocks 76.30%   Other 0.35%
Non-U.S. Stocks 23.35%      
The style and sector characteristics of the portfolio are determined as of 05/24/2017 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $58,230.03
Weighted Average Price/Earnings 20.40
Weighted Average Price/Book 2.22
As of 5/24/2017
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Extreme Networks, Inc. EXTR Information Technology  Information Technology Small-Cap Growth 2.93%
 Molina Healthcare, Inc. MOH Health Care  Health Care Mid-Cap Value 2.60%
 NVR, Inc. NVR Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.47%
 Lam Research Corporation LRCX Information Technology  Information Technology Large-Cap Value 2.46%
 MKS Instruments, Inc. MKSI Information Technology  Information Technology Mid-Cap Growth 2.31%
 Applied Materials, Inc. AMAT Information Technology  Information Technology Large-Cap Growth 2.30%
 KB Home KBH Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.24%
 Western Digital Corporation WDC Information Technology  Information Technology Large-Cap Value 2.21%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Growth 2.14%
 Skyworks Solutions, Inc. SWKS Information Technology  Information Technology Large-Cap Growth 2.09%
 Facebook, Inc. (Class A) FB Information Technology  Information Technology Large-Cap Growth 2.09%
 BP Plc (ADR) BP Energy  Energy Large-Cap Value 2.08%
 Digital Realty Trust, Inc. DLR Real Estate  Real Estate Large-Cap Growth 2.07%
 Broadcom Limited AVGO Information Technology  Information Technology Large-Cap Growth 2.06%
 Roper Technologies, Inc. ROP Industrials  Industrials Large-Cap Growth 2.05%
 Toll Brothers, Inc. TOL Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.04%
 XL Group Ltd. XL Financials  Financials Mid-Cap Value 2.04%
 STMicroelectronics N.V. STM Information Technology  Information Technology Mid-Cap Growth 2.03%
 CONSOL Energy Inc. CNX Energy  Energy Mid-Cap Value 2.03%
 The Allstate Corporation ALL Financials  Financials Large-Cap Value 2.02%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 2.02%
 Copa Holdings S.A. CPA Industrials  Industrials Mid-Cap Value 2.00%
 XPO Logistics, Inc. XPO Industrials  Industrials Mid-Cap Value 2.00%
 Essent Group Ltd. ESNT Financials  Financials Small-Cap Growth 2.00%
 Legg Mason, Inc. LM Financials  Financials Mid-Cap Value 1.99%
 Dollar Tree, Inc. DLTR Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.97%
 D.R. Horton, Inc. DHI Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.95%
 Lennar Corporation LEN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.95%
 Bunge Limited BG Consumer Staples  Consumer Staples Mid-Cap Value 1.95%
 Royal Dutch Shell Plc (Class B) (ADR) RDS/B Energy  Energy Large-Cap Value 1.95%
 ON Semiconductor Corporation ON Information Technology  Information Technology Mid-Cap Growth 1.94%
 PulteGroup, Inc. PHM Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.93%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 1.90%
 Univar Inc. UNVR Industrials  Industrials Mid-Cap Growth 1.88%
 Open Text Corporation OTEX Information Technology  Information Technology Mid-Cap Value 1.86%
 NetEase, Inc. (ADR) NTES Information Technology  Information Technology Large-Cap Growth 1.86%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 1.85%
 Archer-Daniels-Midland Company ADM Consumer Staples  Consumer Staples Large-Cap Value 1.83%
 Celgene Corporation CELG Health Care  Health Care Large-Cap Growth 1.83%
 HD Supply Holdings, Inc. HDS Industrials  Industrials Mid-Cap Growth 1.83%
 Nucor Corporation NUE Materials  Materials Large-Cap Value 1.82%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 1.82%
 Telefonica Brasil S.A. (ADR) VIV Telecommunication Services  Telecommunication Services Large-Cap Value 1.82%
 Builders FirstSource, Inc. BLDR Industrials  Industrials Small-Cap Growth 1.81%
 Sterling Bancorp STL Financials  Financials Small-Cap Value 1.75%
 Brunswick Corporation BC Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.73%
 Hercules Capital, Inc. HTGC Financials  Financials Small-Cap Value 1.72%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 1.70%
 Finisar Corporation FNSR Information Technology  Information Technology Small-Cap Value 1.39%
 Depomed, Inc. DEPO Health Care  Health Care Small-Cap Growth 1.34%
Total Number of Holdings:    50
Underlying Securities information represented above is as of 05/24/2017 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  1.07%
  Deferred:  1.40%
C&D Fee:    0.48%
Maximum Sales Charge:   2.95%
CUSIP Type Distribution
30302J340 Cash Semi-Annual
30302J357 Reinvest Semi-Annual
* Based on the offer price as of 05/24/2017 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.49%
Maximum Sales Charge:   0.49%
CUSIP Type Distribution
30302J365 Cash-Fee Semi-Annual
30302J373 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 05/24/2017 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 June 20, 2017
$0.04830 July 20, 2017
$0.04840 August 18, 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.

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.

Emerging Markets Risk. Risks associated with investing in foreign securities may be more pronounced in emerging markets where the securities markets are substantially smaller, less liquid, less regulated and more volatile than the U.S. and developed 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.

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.

Technology Risk. The companies engaged in the information technology sector are subject to fierce competition, high research and development costs, and their products and services may be subject to rapid obsolescence. Technology company stocks, especially those which are Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their operating performance.

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.

Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.

Important Note. It is important to note that an investment can be made in the underlying funds directly rather than through the trust. These direct investments can be made without paying the trust's sales charge, operating expenses and organizational costs.

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.