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 Rising Rate, 8  Ticker: FRWNZX
 
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: SBRR8
Portfolio Status: Secondary
Initial Offer Date: 05/21/2018
Secondary Date: 08/17/2018
Portfolio Ending Date: 05/21/2020
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $8.8959
POP(*): $9.1006
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 11/16/2018 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 Per Unit * $0.1000
As of 11/12/2018
* 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
Communication Services  Communication Services 2.66%
Consumer Discretionary  Consumer Discretionary 22.95%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 3.93%
Financials  Financials 26.27%
Health Care  Health Care 8.05%
Industrials  Industrials 13.03%
Information Technology  Information Technology 7.09%
Materials  Materials 13.74%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 2.28%
 
  Large Mid Small  
Growth  0.00% 17.49% 21.72%  
Value  9.38% 30.24% 18.89%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 9.38%
Mid-Cap Growth 17.49%
Mid-Cap Value 30.24%
Small-Cap Growth 21.72%
Small-Cap Value 18.89%
Undetermined 2.28%
 Composition
U.S. Stocks 95.98%   Other 2.28%
Non-U.S. Stocks 1.74%      
The style and sector characteristics of the portfolio are determined as of 11/16/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $13,861.42
Weighted Average Price/Earnings 14.70
Weighted Average Price/Book 2.28
As of 11/16/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Crocs, Inc. CROX Consumer Discretionary  Consumer Discretionary Small-Cap Growth 3.58%
 Addus HomeCare Corporation ADUS Health Care  Health Care Small-Cap Growth 2.94%
 Planet Fitness, Inc. (Class A) PLNT Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.88%
 The Ensign Group, Inc. ENSG Health Care  Health Care Small-Cap Growth 2.83%
 IAC/InterActiveCorp IAC Communication Services  Communication Services Mid-Cap Growth 2.66%
 Aaron's, Inc. AAN Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.61%
 Zebra Technologies Corporation ZBRA Information Technology  Information Technology Mid-Cap Growth 2.52%
 Kohl's Corporation KSS Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.46%
 AMN Healthcare Services, Inc. AMN Health Care  Health Care Small-Cap Growth 2.28%
 Wolverine World Wide, Inc. WWW Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.21%
 Tower International, Inc. TOWR Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.20%
 ConocoPhillips COP Energy  Energy Large-Cap Value 2.04%
 Alliance Data Systems Corporation ADS Information Technology  Information Technology Mid-Cap Growth 2.04%
 Kforce Inc. KFRC Industrials  Industrials Small-Cap Growth 2.03%
 Echo Global Logistics, Inc. ECHO Industrials  Industrials Small-Cap Value 2.02%
 Marten Transport, Ltd. MRTN Industrials  Industrials Small-Cap Value 1.98%
 Bank of America Corporation BAC Financials  Financials Large-Cap Value 1.97%
 FMC Corporation FMC Materials  Materials Mid-Cap Growth 1.97%
 Signature Bank SBNY Financials  Financials Mid-Cap Value 1.92%
 LPL Financial Holdings Inc. LPLA Financials  Financials Mid-Cap Growth 1.91%
 American Eagle Outfitters, Inc. AEO Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.89%
 HollyFrontier Corporation HFC Energy  Energy Mid-Cap Value 1.89%
 Urban Outfitters, Inc. URBN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.88%
 Cypress Semiconductor Corporation CY Information Technology  Information Technology Mid-Cap Value 1.88%
 TD Ameritrade Holding Corporation AMTD Financials  Financials Large-Cap Value 1.84%
 Reliance Steel & Aluminum Co. RS Materials  Materials Mid-Cap Value 1.83%
 PJT Partners Inc. PJT Financials  Financials Small-Cap Growth 1.83%
 International Paper Company IP Materials  Materials Large-Cap Value 1.82%
 J.B. Hunt Transport Services, Inc. JBHT Industrials  Industrials Mid-Cap Growth 1.81%
 ArcBest Corporation ARCB Industrials  Industrials Small-Cap Value 1.80%
 Wintrust Financial Corporation WTFC Financials  Financials Mid-Cap Value 1.79%
 Comerica Incorporated CMA Financials  Financials Mid-Cap Value 1.77%
 GUESS?, Inc. GES Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.77%
 Virtus Investment Partners, Inc. VRTS Financials  Financials Small-Cap Value 1.75%
 Masonite International Corporation DOOR Industrials  Industrials Small-Cap Growth 1.74%
 The Charles Schwab Corporation SCHW Financials  Financials Large-Cap Value 1.71%
 Packaging Corporation of America PKG Materials  Materials Mid-Cap Growth 1.70%
 Steel Dynamics, Inc. STLD Materials  Materials Mid-Cap Value 1.68%
 United Community Banks, Inc. UCBI Financials  Financials Small-Cap Value 1.66%
 Western Alliance Bancorporation WAL Financials  Financials Mid-Cap Value 1.66%
 Schneider National, Inc. (Class B) SNDR Industrials  Industrials Mid-Cap Value 1.65%
 United States Steel Corporation X Materials  Materials Mid-Cap Value 1.63%
 Hanmi Financial Corporation HAFC Financials  Financials Small-Cap Value 1.63%
 Evercore Inc. EVR Financials  Financials Small-Cap Growth 1.63%
 SVB Financial Group SIVB Financials  Financials Mid-Cap Value 1.60%
 East West Bancorp, Inc. EWBC Financials  Financials Mid-Cap Value 1.60%
 WestRock Company WRK Materials  Materials Mid-Cap Value 1.59%
 Alcoa Corporation AA Materials  Materials Mid-Cap Value 1.52%
 Chico's FAS, Inc. CHS Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.47%
 Cabot Microelectronics Corporation CCMP Information Technology  Information Technology Small-Cap Growth 0.65%
 
Total Number of Holdings:    50
Underlying Securities information represented above is as of 11/16/2018 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.

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.

Operational Risk. As the use of Internet technology has become more prevalent in the course of business, the trust has become more susceptible to potential operational risks through breaches in cyber security.

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.

Fund Cusip Information
30308D388 (Cash)
30308D396 (Reinvest)
30308D404 (Cash-Fee)
30308D412 (Reinvest-Fee)
Printer Friendly Page Printer Friendly Page

 
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.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2018 All rights reserved.