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Sabrient Baker's Dozen, January 2018  Ticker: FCVZLX
 
Description
This unit investment trust seeks above-average capital appreciation; however, there is no assurance the objective will be met.
 
Summary
Product Code: DZJA18
Portfolio Status: Secondary
Initial Offer Date: 01/19/2018
Secondary Date: 02/20/2018
Portfolio Ending Date: 02/20/2019
Tax Structure: Grantor
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.1281
POP(*): $9.2530
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 02/23/2018 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 * $0.0927
Subsequent Years * $0.0925
As of 02/20/2018
* 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 15.18%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 22.44%
Financials  Financials 8.45%
Health Care  Health Care 8.37%
Industrials  Industrials 16.77%
Information Technology  Information Technology 15.93%
Materials  Materials 12.74%
Real Estate  Real Estate 0.00%
Telecommunication Services  Telecommunication Services 0.00%
Utilities  Utilities 0.00%
Other  Other 0.12%
 
  Large Mid Small  
Growth  15.95% 29.60% 0.00%  
Value  31.82% 22.51% 0.00%  

 Style Weighting
Large-Cap Growth 15.95%
Large-Cap Value 31.82%
Mid-Cap Growth 29.60%
Mid-Cap Value 22.51%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.12%
 Composition
U.S. Stocks 99.88%   Other 0.12%
Non-U.S. Stocks 0.00%      
The style and sector characteristics of the portfolio are determined as of 02/23/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $39,202.82
Weighted Average Price/Earnings 26.77
Weighted Average Price/Book 3.42
As of 2/23/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 XPO Logistics, Inc. XPO Industrials  Industrials Mid-Cap Value 8.70%
 The Progressive Corporation PGR Financials  Financials Large-Cap Value 8.45%
 IQIVA Holdings Inc. IQV Health Care  Health Care Large-Cap Value 8.37%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Growth 8.07%
 ON Semiconductor Corporation ON Information Technology  Information Technology Mid-Cap Growth 8.05%
 Wynn Resorts, Limited WYNN Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 7.99%
 Lam Research Corporation LRCX Information Technology  Information Technology Large-Cap Growth 7.88%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 7.83%
 Cabot Oil & Gas Corporation COG Energy  Energy Mid-Cap Growth 7.44%
 PulteGroup, Inc. PHM Consumer Discretionary  Consumer Discretionary Mid-Cap Value 7.19%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 7.17%
 Westlake Chemical Corporation WLK Materials  Materials Mid-Cap Value 6.62%
 FMC Corporation FMC Materials  Materials Mid-Cap Growth 6.12%
 
Total Number of Holdings:    13
Underlying Securities information represented above is as of 02/23/2018 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 March 20, 2018
$0.04500 April 20, 2018
$0.04500 May 18, 2018

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.

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.

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.

Fund Cusip Information
30306G508 (Cash)
30306G516 (Reinvest)
30306G524 (Cash-Fee)
30306G532 (Reinvest-Fee)
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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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