Sabrient Dividend Opportunity Portfolio, Series 5
Sabrient Systems, LLC ("Sabrient") is an independent equity research firm that builds powerful
investment strategies by using a fundamentals-based, quantitative approach. The strategies are
used to create rankings and ratings on more than 7,000 stocks, indices, sectors, and ETFs. Their
models are designed to identify those companies that are anticipated to outperform or
underperform the market.
The Sabrient Dividend Opportunity Portfolio is a unit investment trust that seeks to find companies with above-average dividend yields. The stocks in the portfolio are selected by applying a seven-step investment strategy process developed by Sabrient.
This unit investment trust seeks above-average total return through a combination of
capital appreciation and dividend income; however, there is no assurance the
objective will be met.
| Not FDIC Insured Not Bank Guaranteed May Lose Value
You should consider the portfolio's investment objective, risks, and
charges and expenses carefully 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 portfolio. Read it carefully
before you invest.
investment in this unmanaged unit
investment trust should be made with
an understanding of the risks involved
with owning common stocks, 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
You should be aware that the portfolio is
concentrated in stocks in the financials
sector which involves additional risks,
including limited diversification. 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
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.
An investment in foreign securities
should be made with an understanding
of the additional risks involved with
foreign issuers, such as currency and
interest rate fluctuations, nationalization
or other adverse political or economic
developments, lack of liquidity of certain
foreign markets, withholding, the lack of
adequate financial information, and
exchange control restrictions impacting
One of the securities in the trust is a closed-end
fund which has elected to be treated as a
business development company (BDC).
Closed-end funds and BDCs are subject to
various risks, including management's ability
to meet the fund’s investment objective, and
to manage the fund's portfolio when the
underlying securities are redeemed or sold,
during periods of market turmoil and as
investors’ perceptions regarding the funds or
their underlying investments change. Closed-end
funds and BDCs may trade at a discount
from their net asset value in the secondary
market. Closed-end funds and BDCs may
employ the use of leverage which increases
the volatility of such funds.
Certain of the securities in the portfolio are issued by Real Estate Investment Trusts (REITs). 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.
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.
It is important to note that an investment can
be made in the underlying fund directly
rather than through the trust. The direct
investment can be made without paying the
trust’s sales charge, operating expenses and
For a discussion of additional risks of
investing in the trust, see the “Risk Factors”
section of the prospectus.
Although this portfolio terminates in approximately 15 months, 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.
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.