SMid Capital Strength, 37  Ticker: FRJTNX
 
Description
A unit investment trust that seeks above average capital appreciation by investing in a portfolio of small- and mid-capitalization companies which have strong balance sheets.
 
Summary
Product Code: SMCS37
Portfolio Status: Secondary
Initial Offer Date: 02/12/2018
Secondary Date: 05/07/2018
Portfolio Ending Date: 02/12/2020
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Historical 12-Month Distribution Rate of Trust Holdings:^ 0.76%
Initial Offer Price: $10.0000
NAV(*): $8.1146
POP(*): $8.3014
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 12/18/2018 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.
^There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical distribution rate of the securities included in the trust is for illustrative purposes only and is not indicative of the trust's distribution rate. The historical distribution rate is the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio and is reduced to account for the effects of fees and expenses which will be incurred when investing in a trust. The distribution 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 0.00%
Consumer Discretionary  Consumer Discretionary 15.75%
Consumer Staples  Consumer Staples 7.07%
Energy  Energy 0.00%
Financials  Financials 12.73%
Health Care  Health Care 23.37%
Industrials  Industrials 18.43%
Information Technology  Information Technology 16.23%
Materials  Materials 6.40%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.02%
 
  Large Mid Small  
Growth  0.00% 49.04% 21.87%  
Value  0.00% 17.96% 11.11%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 49.04%
Mid-Cap Value 17.96%
Small-Cap Growth 21.87%
Small-Cap Value 11.11%
Undetermined 0.02%
 Composition
U.S. Stocks 99.98%   Other 0.02%
Non-U.S. Stocks 0.00%      
The style and sector characteristics of the portfolio are determined as of 12/17/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $5,453.30
Weighted Average Price/Earnings 15.68
Weighted Average Price/Book 3.01
As of 12/17/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Five Below, Inc. FIVE Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 4.49%
 ABIOMED, Inc. ABMD Health Care  Health Care Mid-Cap Growth 3.82%
 Masimo Corporation MASI Health Care  Health Care Mid-Cap Growth 3.73%
 WellCare Health Plans, Inc. WCG Health Care  Health Care Mid-Cap Value 3.66%
 Charles River Laboratories International, Inc. CRL Health Care  Health Care Mid-Cap Growth 3.56%
 HealthEquity, Inc. HQY Health Care  Health Care Mid-Cap Growth 3.45%
 Copart, Inc. CPRT Industrials  Industrials Mid-Cap Growth 3.36%
 Texas Roadhouse, Inc. TXRH Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.33%
 Primerica, Inc. PRI Financials  Financials Mid-Cap Growth 3.15%
 MSCI Inc. MSCI Financials  Financials Mid-Cap Growth 3.10%
 Broadridge Financial Solutions, Inc. BR Information Technology  Information Technology Mid-Cap Growth 3.06%
 IDEX Corporation IEX Industrials  Industrials Mid-Cap Growth 2.96%
 Supernus Pharmaceuticals, Inc. SUPN Health Care  Health Care Small-Cap Growth 2.86%
 Gentex Corporation GNTX Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.68%
 Landstar System, Inc. LSTR Industrials  Industrials Mid-Cap Growth 2.66%
 Energizer Holdings, Inc. ENR Consumer Staples  Consumer Staples Small-Cap Growth 2.66%
 Cirrus Logic, Inc. CRUS Information Technology  Information Technology Small-Cap Growth 2.51%
 JetBlue Airways Corporation JBLU Industrials  Industrials Mid-Cap Value 2.46%
 Cambrex Corporation CBM Health Care  Health Care Small-Cap Growth 2.29%
 Evercore Inc. EVR Financials  Financials Small-Cap Growth 2.28%
 Hubbell Incorporated HUBB Industrials  Industrials Mid-Cap Growth 2.27%
 Sanderson Farms, Inc. SAFM Consumer Staples  Consumer Staples Small-Cap Value 2.27%
 Axos Financial Inc. AX Financials  Financials Small-Cap Value 2.26%
 Louisiana-Pacific Corporation LPX Materials  Materials Small-Cap Value 2.25%
 Ingredion Incorporated INGR Consumer Staples  Consumer Staples Mid-Cap Value 2.14%
 Steel Dynamics, Inc. STLD Materials  Materials Mid-Cap Value 2.13%
 Cognex Corporation CGNX Information Technology  Information Technology Mid-Cap Growth 2.08%
 Carter's, Inc. CRI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.08%
 Cabot Corporation CBT Materials  Materials Small-Cap Growth 2.02%
 Eaton Vance Corp. EV Financials  Financials Mid-Cap Growth 1.94%
 MKS Instruments, Inc. MKSI Information Technology  Information Technology Small-Cap Growth 1.93%
 The Children's Place, Inc. PLCE Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.91%
 Advanced Energy Industries, Inc. AEIS Information Technology  Information Technology Small-Cap Growth 1.87%
 Methode Electronics, Inc. MEI Information Technology  Information Technology Small-Cap Value 1.74%
 ManpowerGroup Inc. MAN Industrials  Industrials Mid-Cap Value 1.72%
 Knight-Swift Transportation Holdings Inc. KNX Industrials  Industrials Mid-Cap Value 1.67%
 Coherent, Inc. COHR Information Technology  Information Technology Small-Cap Growth 1.54%
 IPG Photonics Corporation IPGP Information Technology  Information Technology Mid-Cap Value 1.50%
 American Woodmark Corporation AMWD Industrials  Industrials Small-Cap Value 1.33%
 Thor Industries, Inc. THO Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.26%
 
Total Number of Holdings:    40
Underlying Securities information represented above is as of 12/17/2018 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.

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.

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.