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 Tactical Series, American Industrial Renaissance®, 2020-1  Ticker: FGSXCX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in small and mid-cap U.S. companies in the industrial and community banking sectors. The stocks are selected for the trust by Richard Bernstein Advisors using a comprehensive process.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: RBIR28
Portfolio Status: Primary
Initial Offer Date: 06/05/2020
Portfolio Ending Date: 06/06/2022
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $8.2883
POP(*): $8.4713
Remaining Deferred Sales Charge: $0.2250
* As of Trade Date: 07/09/2020 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.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 7/9/2020) Per Unit (as of 7/6/2020)
0.85% $0.07190
^ There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. Due to the negative economic impact across many industries caused by the recent COVID-19 outbreak, certain issuers of the securities included in the trust may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "Historical 12-Month Distribution Rate of Trust Holdings," which is based on the trailing twelve-month distributions paid by the securities included in a trust, will likely be higher, and in some cases significantly higher, than the actual distribution rate achieved by the trust. The historical 12-month distribution per unit is based on the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio. The historical 12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust's offering price. The historical 12-month distribution and rate are reduced to account for the effects of fees and expenses, which will be incurred when investing in a trust. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit and rate paid by the trust may be higher or lower than the amount shown above due to certain factors that may include, but are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the sale of securities in the portfolio. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital. PLEASE NOTE: For trusts that hold preferred securities, the historical distribution rate is calculated using only the holdings that have 12 months of distribution history. Any holdings without a 12 month history of dividends were excluded from the calculation.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 0.00%
Consumer Discretionary  Consumer Discretionary 0.00%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 0.00%
Financials  Financials 9.53%
Health Care  Health Care 0.00%
Industrials  Industrials 90.47%
Information Technology  Information Technology 0.00%
Materials  Materials 0.00%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.00%
 
  Large Mid Small  
Growth  0.00% 6.78% 37.19%  
Value  0.00% 5.83% 50.20%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 6.78%
Mid-Cap Value 5.83%
Small-Cap Growth 37.19%
Small-Cap Value 50.20%
Undetermined 0.00%
 Composition
U.S. Stocks 100.00%   Other 0.00%
Non-U.S. Stocks 0.00%      
The style and sector characteristics of the portfolio are determined as of 07/08/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $2,049.01
Price/Earnings 14.18
Price/Book 1.60
As of 7/8/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Generac Holdings Inc. GNRC Industrials  Industrials Mid-Cap Growth 3.73%
 Navistar International Corporation NAV Industrials  Industrials Small-Cap Growth 3.25%
 Astec Industries, Inc. ASTE Industrials  Industrials Small-Cap Value 3.21%
 Comfort Systems USA, Inc. FIX Industrials  Industrials Small-Cap Growth 3.11%
 TriMas Corporation TRS Industrials  Industrials Small-Cap Value 3.09%
 Hubbell Incorporated HUBB Industrials  Industrials Mid-Cap Growth 3.05%
 Mueller Water Products, Inc. MWA Industrials  Industrials Small-Cap Growth 3.04%
 Encore Wire Corporation WIRE Industrials  Industrials Small-Cap Value 3.04%
 NV5 Global, Inc. NVEE Industrials  Industrials Small-Cap Value 3.03%
 Arcosa, Inc. ACA Industrials  Industrials Small-Cap Value 3.00%
 Quanta Services, Inc. PWR Industrials  Industrials Mid-Cap Value 2.97%
 RBC Bearings Incorporated ROLL Industrials  Industrials Small-Cap Growth 2.94%
 Proto Labs, Inc. PRLB Industrials  Industrials Small-Cap Growth 2.94%
 Federal Signal Corporation FSS Industrials  Industrials Small-Cap Growth 2.91%
 MasTec, Inc. MTZ Industrials  Industrials Small-Cap Value 2.90%
 EMCOR Group, Inc. EME Industrials  Industrials Small-Cap Value 2.90%
 Atkore International Group Inc. ATKR Industrials  Industrials Small-Cap Growth 2.90%
 MYR Group Inc. MYRG Industrials  Industrials Small-Cap Value 2.89%
 Granite Construction Incorporated GVA Industrials  Industrials Small-Cap Value 2.86%
 Oshkosh Corporation OSK Industrials  Industrials Mid-Cap Value 2.86%
 SPX Corporation SPXC Industrials  Industrials Small-Cap Growth 2.85%
 Clean Harbors, Inc. CLH Industrials  Industrials Small-Cap Growth 2.85%
 Douglas Dynamics, Inc. PLOW Industrials  Industrials Small-Cap Growth 2.85%
 US Ecology, Inc. ECOL Industrials  Industrials Small-Cap Value 2.82%
 Primoris Services Corporation PRIM Industrials  Industrials Small-Cap Value 2.52%
 The Shyft Group, Inc. SHYF Industrials  Industrials Small-Cap Growth 2.40%
 Evoqua Water Technologies Corp. AQUA Industrials  Industrials Small-Cap Growth 2.16%
 Construction Partners, Inc. (Class A) ROAD Industrials  Industrials Small-Cap Growth 2.00%
 Sterling Construction Company, Inc. STRL Industrials  Industrials Small-Cap Value 1.88%
 Dycom Industries, Inc. DY Industrials  Industrials Small-Cap Value 1.84%
 Powell Industries, Inc. POWL Industrials  Industrials Small-Cap Value 1.43%
 Tutor Perini Corporation TPC Industrials  Industrials Small-Cap Value 1.24%
 Aegion Corporation AEGN Industrials  Industrials Small-Cap Value 1.21%
 Blue Bird Corporation BLBD Industrials  Industrials Small-Cap Growth 0.99%
 Heritage-Crystal Clean, Inc. HCCI Industrials  Industrials Small-Cap Value 0.81%
 Lakeland Financial Corporation LKFN Financials  Financials Small-Cap Value 0.53%
 1st Source Corporation SRCE Financials  Financials Small-Cap Value 0.51%
 Macatawa Bank Corporation MCBC Financials  Financials Small-Cap Value 0.50%
 Heartland Financial USA, Inc. HTLF Financials  Financials Small-Cap Value 0.49%
 First Financial Corporation THFF Financials  Financials Small-Cap Value 0.49%
 German American Bancorp, Inc. GABC Financials  Financials Small-Cap Value 0.49%
 Old National Bancorp ONB Financials  Financials Small-Cap Value 0.48%
 Bryn Mawr Bank Corporation BMTC Financials  Financials Small-Cap Value 0.48%
 West Bancorporation WTBA Financials  Financials Small-Cap Value 0.48%
 First Financial Bancorp. FFBC Financials  Financials Small-Cap Value 0.48%
 MidWestOne Financial Group, Inc. MOFG Financials  Financials Small-Cap Value 0.48%
 First Midwest Bancorp, Inc. FMBI Financials  Financials Small-Cap Value 0.47%
 Mercantile Bank Corporation MBWM Financials  Financials Small-Cap Value 0.47%
 QCR Holdings, Inc. QCRH Financials  Financials Small-Cap Value 0.47%
 First Commonwealth Financial Corporation FCF Financials  Financials Small-Cap Value 0.46%
 First Merchants Corporation FRME Financials  Financials Small-Cap Value 0.46%
 Fulton Financial Corporation FULT Financials  Financials Small-Cap Value 0.45%
 F.N.B. Corporation FNB Financials  Financials Small-Cap Value 0.45%
 Peoples Bancorp Inc. PEBO Financials  Financials Small-Cap Value 0.45%
 Associated Banc-Corp ASB Financials  Financials Small-Cap Value 0.44%
 
Total Number of Holdings:    55
Underlying Securities information represented above is as of 07/08/2020 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  -0.50%
  Deferred:  2.66%
C&D Fee:    0.59%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30314H548 Cash Semi-Annual
30314H555 Reinvest Semi-Annual
* Based on the offer price as of 07/09/2020 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.60%
Maximum Sales Charge:   0.60%
CUSIP Type Distribution
30314H563 Cash-Fee Semi-Annual
30314H571 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 07/09/2020 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 September 18, 2020
$0.07500 October 20, 2020
$0.07500 November 20, 2020

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.

COVID-19 Economic Impact Risk. The recent outbreak of a respiratory disease designated as COVID-19 was first detected in China in December 2019. The global economic impact of the COVID-19 outbreak is impossible to predict but is expected to disrupt manufacturing, supply chains and sales in affected areas and negatively impact global economic growth prospects. The COVID-19 outbreak has also caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of the COVID-19 outbreak may be short term or may last for an extended period of time, and in either case could result in a substantial economic downturn or recession.

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.

Industrials Risk. The companies engaged in the industrials sector are subject to a deterioration in the general state of the economy, intense competition, domestic and international politics, excess capacity and changing spending trends.

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 cybersecurity.

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 professional 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
30314H548 (Cash)
30314H555 (Reinvest)
30314H563 (Cash-Fee)
30314H571 (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, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2020 All rights reserved.