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       
 
 

Richard Bernstein Advisors Global Dividend Kings®, 27  Ticker: FLNCHX
 
Description
A unit investment trust that seeks total return through a combination of dividend income and capital appreciation. The stocks are selected for the trust by Richard Bernstein Advisors (RBA) using a comprehensive process.
 
Summary
Product Code: RBGD27
Portfolio Status: Primary
Initial Offer Date: 06/27/2018
Portfolio Ending Date: 06/26/2020
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.7079
POP(*): $9.9310
Remaining Deferred Sales Charge: $0.2250
* As of Trade Date: 09/20/2018 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
Year 1 * $0.4290
Subsequent Years * $0.4274
As of 09/17/2018
* 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 9.15%
Consumer Staples  Consumer Staples 8.10%
Energy  Energy 9.98%
Financials  Financials 20.42%
Health Care  Health Care 4.21%
Industrials  Industrials 3.70%
Information Technology  Information Technology 2.16%
Materials  Materials 0.00%
Real Estate  Real Estate 15.59%
Telecommunication Services  Telecommunication Services 8.29%
Utilities  Utilities 18.22%
Other  Other 0.18%
 
  Large Mid Small  
Growth  16.40% 0.00% 0.00%  
Value  42.33% 37.35% 3.73%  

 Style Weighting
Large-Cap Growth 16.40%
Large-Cap Value 42.33%
Mid-Cap Growth 0.00%
Mid-Cap Value 37.35%
Small-Cap Growth 0.00%
Small-Cap Value 3.73%
Undetermined 0.19%
 Composition
U.S. Stocks 31.07%   Other 0.18%
Non-U.S. Stocks 68.75%      
The style and sector characteristics of the portfolio are determined as of 09/19/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $44,850.64
Weighted Average Price/Earnings 12.69
Weighted Average Price/Book 1.55
As of 9/19/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Skandinaviska Enskilda Banken AB (Class A) SEBA.SS Financials  Financials Large-Cap Value 2.35%
 Nordea Bank AB NDA.SS Financials  Financials Large-Cap Value 2.25%
 Welltower Inc. WELL Real Estate  Real Estate Large-Cap Value 2.24%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Growth 2.22%
 Sanofi (ADR) SNY Health Care  Health Care Large-Cap Value 2.21%
 Verizon Communications Inc. VZ Telecommunication Services  Telecommunication Services Large-Cap Growth 2.20%
 AXA S.A. CS.FP Financials  Financials Large-Cap Value 2.20%
 Barratt Developments Plc BDEV.LN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.19%
 Enbridge Inc. ENB.CN Energy  Energy Large-Cap Value 2.18%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Growth 2.16%
 Sampo Oyj (Class A) SAMPO.FH Financials  Financials Large-Cap Value 2.15%
 Bayerische Motoren Werke (BMW) AG BMW.GY Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.15%
 AT&T Inc. T Telecommunication Services  Telecommunication Services Large-Cap Value 2.13%
 Dominion Energy, Inc. D Utilities  Utilities Large-Cap Value 2.13%
 Realty Income Corporation O Real Estate  Real Estate Mid-Cap Value 2.10%
 Philip Morris International Inc. PM Consumer Staples  Consumer Staples Large-Cap Growth 2.06%
 Duke Energy Corporation DUK Utilities  Utilities Large-Cap Value 2.04%
 Power Assets Holdings Limited 6.HK Utilities  Utilities Mid-Cap Value 2.04%
 National Retail Properties, Inc. NNN Real Estate  Real Estate Mid-Cap Value 2.03%
 Nissan Motor Co., Ltd. 7201.JP Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.01%
 BCE Inc. BCE.CN Telecommunication Services  Telecommunication Services Large-Cap Value 2.00%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 2.00%
 Pembina Pipeline Corporation PPL.CN Energy  Energy Mid-Cap Value 1.98%
 Bendigo and Adelaide Bank Limited BEN.AU Financials  Financials Small-Cap Value 1.98%
 TransCanada Corporation TRP.CN Energy  Energy Large-Cap Value 1.97%
 Commonwealth Bank of Australia CBA.AU Financials  Financials Large-Cap Value 1.97%
 Emera Incorporated EMA.CN Utilities  Utilities Mid-Cap Value 1.97%
 Telenor ASA TEL.NO Telecommunication Services  Telecommunication Services Large-Cap Growth 1.96%
 Brixmor Property Group Inc. BRX Real Estate  Real Estate Mid-Cap Value 1.96%
 General Mills, Inc. GIS Consumer Staples  Consumer Staples Large-Cap Growth 1.95%
 Inter Pipeline Ltd. IPL.CN Energy  Energy Mid-Cap Value 1.94%
 Kimco Realty Corporation KIM Real Estate  Real Estate Mid-Cap Value 1.93%
 The Southern Company SO Utilities  Utilities Large-Cap Value 1.92%
 WPP Plc (ADR) WPP Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.91%
 Enagas S.A. ENG.SM Energy  Energy Mid-Cap Value 1.91%
 Klepierre LI.FP Real Estate  Real Estate Mid-Cap Value 1.90%
 National Grid Plc (ADR) NGG Utilities  Utilities Large-Cap Value 1.87%
 Japan Tobacco, Inc. 2914.JP Consumer Staples  Consumer Staples Large-Cap Value 1.87%
 Transurban Group TCL.AU Industrials  Industrials Large-Cap Growth 1.85%
 Nielsen Holdings Plc NLSN Industrials  Industrials Mid-Cap Value 1.84%
 United Utilities Group Plc UU/.LN Utilities  Utilities Mid-Cap Value 1.83%
 Invesco Ltd. IVZ Financials  Financials Mid-Cap Value 1.81%
 CI Financial Corp. CIX.CN Financials  Financials Mid-Cap Value 1.78%
 Hyprop Investments Limited HYP.SJ Real Estate  Real Estate Small-Cap Value 1.75%
 AltaGas Ltd. ALA.CN Utilities  Utilities Mid-Cap Value 1.72%
 SSE Plc SSE.LN Utilities  Utilities Mid-Cap Value 1.67%
 DNB ASA DNB.NO Financials  Financials Large-Cap Value 1.65%
 Land Securities Group Plc LAND.LN Real Estate  Real Estate Mid-Cap Value 1.19%
 Nedbank Group Limited NED.SJ Financials  Financials Mid-Cap Value 1.15%
 Danske Bank A/S DANSKE.DC Financials  Financials Large-Cap Value 1.13%
 AGL Energy Ltd. AGL.AU Utilities  Utilities Mid-Cap Value 1.03%
 Sekisui House, Ltd. 1928.JP Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.89%
 Hammerson Plc HMSO.LN Real Estate  Real Estate Mid-Cap Value 0.49%
 Transurban Group-Right TCLRB.AU Industrials  Industrials Undetermined 0.01%
 
Total Number of Holdings:    54
Underlying Securities information represented above is as of 09/19/2018 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  -0.02%
  Deferred:  2.27%
C&D Fee:    0.50%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30309P786 Cash Monthly
30309P794 Reinvest Monthly
* Based on the offer price as of 09/20/2018 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.52%
Maximum Sales Charge:   0.52%
CUSIP Type Distribution
30309P802 Cash-Fee Monthly
30309P810 Reinvest-Fee Monthly
* Based on the NAV price as of 09/20/2018 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
$0.07500 October 19, 2018
$0.07500 November 20, 2018
$0.07500 December 20, 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.

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.

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.

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
30309P786 (Cash)
30309P794 (Reinvest)
30309P802 (Cash-Fee)
30309P810 (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.