Sabrient Dividend, 56

Description

A unit investment trust that seeks above-average total return through a combination of capital appreciation and dividend income. The portfolio seeks to find companies with above-average dividend yields. The stocks are selected for the trust by Sabrient Systems, LLC by applying a seven-step investment strategy process.

Please note that there is no assurance the objective will be met.

Summary

Product Code:

SBDV56

Portfolio Status:

Primary

Initial Offer Date:

05/06/2026

Portfolio Ending Date:

05/08/2028

Tax Structure:

Regulated Investment Company

Distributions:

Monthly

Initial Offer Price:	$10.0000
NAV(*):	$9.6681
POP(*):	$9.8901
Remaining Deferred Sales Charge:	$0.2250
Remaining Fees & Expenses
C&D Fee:**	$0.0500
Estimated Organization Costs:**	$0.0620

* As of Trade Date: 05/11/2026 4:00pm ET


Fact Sheet	Prospectus

The Public Offering Price (POP) represents the net asset value per unit plus any 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.

** The C&D fee is a charge of $0.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10.00 per unit, the C&D fee will be less than 0.50%; if the price you pay is less than $10.00 per unit, the C&D fee will exceed 0.50%.Estimated organization costs will be deducted from the assets of the trust at the earlier of six months after the initial date of deposit or the end of the initial offering period.Estimated organization costs are assessed on a fixed dollar amount per unit basis which, as a percentage of average net assets, will vary over time.Actual expenses may be more or less than the estimates.Please see "Fee Table" in the trust prospectus for additional information.

If units are redeemed prior to the time when these fees are collected, these fees will not be deducted from the redemption proceeds.

Historical 12-Month Distribution of Trust Holdings:^

Rate (as of 5/11/2026)	Per Unit (as of 5/8/2026)
3.37%	$0.33330

^ 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. 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.

Holdings Analysis

Click here to Perform a Benchmark Comparison

Sector	Weighting
Communication Services	0.00%
Consumer Discretionary	19.55%
Consumer Staples	8.72%
Energy	15.17%
Financials	23.93%
Health Care	4.40%
Industrials	10.84%
Information Technology	6.49%
Materials	2.19%
Real Estate	8.71%
Utilities	0.00%
Other	0.00%

	Large	Mid	Small
Growth	10.78%	8.74%	10.84%
Value	21.71%	28.33%	19.60%

Style	Weighting
Large-Cap Growth	10.78%
Large-Cap Value	21.71%
Mid-Cap Growth	8.74%
Mid-Cap Value	28.33%
Small-Cap Growth	10.84%
Small-Cap Value	19.60%
Undetermined	0.00%

Composition
U.S. Stocks	91.35%	Other	0.00%
Non-U.S. Stocks	8.65%

The style and sector characteristics of the portfolio are determined as of 05/06/2026 and will likely vary thereafter due to market fluctuations in the underlying securities.

Key Stats

Weighted Average Market Cap	$41,664
Price/Earnings	19.16
Price/Book	1.87

As of 5/8/2026

All market capitalization numbers are in USD$ Millions. All figures are subject to change.

Holdings

Export Current Holdings

Name	Symbol	Sector	Style	Weighting
AbbVie Inc.	ABBV	Health Care	Large-Cap Value	2.21%
Darden Restaurants, Inc.	DRI	Consumer Discretionary	Mid-Cap Growth	2.20%
The J.M. Smucker Company	SJM	Consumer Staples	Mid-Cap Value	2.19%
CVS Health Corporation	CVS	Health Care	Large-Cap Value	2.19%
Stanley Black & Decker, Inc.	SWK	Industrials	Mid-Cap Value	2.19%
Lamar Advertising Company	LAMR	Real Estate	Mid-Cap Growth	2.19%
Stepan Company	SCL	Materials	Small-Cap Value	2.19%
Gaming and Leisure Properties, Inc.	GLPI	Real Estate	Mid-Cap Value	2.19%
Chord Energy Corporation	CHRD	Energy	Mid-Cap Value	2.19%
Altria Group, Inc.	MO	Consumer Staples	Large-Cap Value	2.18%
Deluxe Corporation	DLX	Industrials	Small-Cap Growth	2.18%
Hormel Foods Corporation	HRL	Consumer Staples	Mid-Cap Value	2.18%
KeyCorp	KEY	Financials	Mid-Cap Value	2.18%
Southwest Airlines Co.	LUV	Industrials	Mid-Cap Value	2.18%
American Eagle Outfitters, Inc.	AEO	Consumer Discretionary	Small-Cap Value	2.18%
Chevron Corporation	CVX	Energy	Large-Cap Value	2.18%
ConnectOne Bancorp, Inc.	CNOB	Financials	Small-Cap Value	2.18%
Hanmi Financial Corporation	HAFC	Financials	Small-Cap Value	2.18%
Camden National Corporation	CAC	Financials	Small-Cap Value	2.18%
National Bank Holdings Corporation (Class A)	NBHC	Financials	Small-Cap Value	2.18%
OneMain Holdings, Inc.	OMF	Financials	Mid-Cap Value	2.18%
Antero Midstream Corp.	AM	Energy	Mid-Cap Growth	2.18%
Tyson Foods, Inc. (Class A)	TSN	Consumer Staples	Mid-Cap Value	2.17%
Magna International Inc.	MGA	Consumer Discretionary	Mid-Cap Value	2.17%
Polaris Inc.	PII	Consumer Discretionary	Small-Cap Growth	2.17%
Ford Motor Company	F	Consumer Discretionary	Large-Cap Value	2.17%
Simon Property Group, Inc.	SPG	Real Estate	Large-Cap Growth	2.17%
Franklin Resources, Inc.	BEN	Financials	Mid-Cap Value	2.17%
Upbound Group Inc.	UPBD	Consumer Discretionary	Small-Cap Value	2.17%
Microchip Technology Incorporated	MCHP	Information Technology	Large-Cap Growth	2.17%
Winnebago Industries, Inc.	WGO	Consumer Discretionary	Small-Cap Value	2.17%
Gen Digital Inc.	GEN	Information Technology	Mid-Cap Growth	2.17%
Suncor Energy Inc.	SU	Energy	Large-Cap Value	2.17%
Steven Madden, Ltd.	SHOO	Consumer Discretionary	Small-Cap Growth	2.17%
CVB Financial Corp.	CVBF	Financials	Small-Cap Value	2.17%
Bank of Hawaii Corporation	BOH	Financials	Small-Cap Growth	2.17%
Ally Financial Inc.	ALLY	Financials	Mid-Cap Value	2.17%
Fidelity National Financial, Inc.	FNF	Financials	Mid-Cap Value	2.17%
Realty Income Corporation	O	Real Estate	Large-Cap Value	2.16%
Canadian Natural Resources Limited	CNQ	Energy	Large-Cap Value	2.16%
Paychex, Inc.	PAYX	Industrials	Large-Cap Growth	2.15%
Valero Energy Corporation	VLO	Energy	Large-Cap Value	2.15%
LCI Industries	LCII	Consumer Discretionary	Small-Cap Growth	2.15%
NXP Semiconductors N.V.	NXPI	Information Technology	Large-Cap Growth	2.15%
Automatic Data Processing, Inc.	ADP	Industrials	Large-Cap Growth	2.14%
Phillips 66	PSX	Energy	Large-Cap Value	2.14%

Total Number of Holdings: 46

Underlying Securities information represented above is as of 05/06/2026 but will vary with future fluctuations in the market.

Standard Account Sales Charges *

Transactional sales charges:	Initial:	-0.04%
	Deferred:	2.28%
C&D Fee:		0.51%
Maximum Sales Charge:		2.75%

CUSIP	Type	Distribution
30344T181	Cash	Monthly
30344T199	Reinvest	Monthly

* Based on the offer price as of 05/11/2026 4:00pm ET

Fee/Wrap Account Sales Charges *

C&D Fee:		0.52%
Maximum Sales Charge:		0.52%

CUSIP	Type	Distribution
30344T207	Cash-Fee	Monthly
30344T215	Reinvest-Fee	Monthly

* Based on the NAV price as of 05/11/2026 4:00pm ET

Estimated Fees & Expenses *

Estimated Organization Costs	0.620%
Estimated Annual Trust Operating Expenses	0.218%

As of Initial Offer Date

* The C&D fee is a charge of $0.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10.00 per unit, the C&D fee will be less than 0.50%; if the price you pay is less than $10.00 per unit, the C&D fee will exceed 0.50%.Estimated organization costs will be deducted from the assets of the trust at the earlier of six months after the initial date of deposit or the end of the initial offering period.Estimated organization costs and trust operating expenses are assessed on a fixed dollar amount per unit basis which, as a percentage of average net assets, will vary over time.Actual expenses may be more or less than the estimates.Please see "Fee Table" in the trust prospectus for additional information.

Deferred Sales Charge Schedule

Amount	Date
$0.07500	August 20, 2026
$0.07500	September 18, 2026
$0.07500	October 20, 2026

Risk Considerations

Unit investment trusts are designed to be held until trust termination. If redeemed early, additional fees, such as remaining deferred sales charges, will be assessed.

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.

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

Market Risk. Market risk is the risk that a particular security, or units of a trust in general may fall in value. Securities are subject to market fluctuations caused by such factors as general economic conditions, political events, regulatory or market developments, changes in interest rates, and perceived trends in securities prices. Units of a trust could decline in value or underperform other investments as a result. In addition, local, regional, or global events such as war, acts of terrorism, spread of infectious disease or other public health issues, recessions, natural disasters, or other events could have significant negative impact on a trust.

REITs Risk. 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 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.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2026 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information

30344T181	(Cash)
30344T199	(Reinvest)
30344T207	(Cash-Fee)
30344T215	(Reinvest-Fee)

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