Richard Bernstein Advisors Quality Income, 28  Ticker: FNTGYX
 
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 LLC using their comprehensive Quality Income strategy.
 
Summary
Product Code: RBAQ28
Portfolio Status: Secondary
Initial Offer Date: 01/24/2018
Secondary Date: 04/23/2018
Portfolio Ending Date: 04/24/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Historical 12-Month Distribution Rate of Trust Holdings:^ 3.08%
Initial Offer Price: $10.0000
NAV(*): $9.4839
POP(*): $9.6137
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 12/14/2018 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 3.47%
Consumer Discretionary  Consumer Discretionary 9.09%
Consumer Staples  Consumer Staples 3.13%
Energy  Energy 0.00%
Financials  Financials 26.55%
Health Care  Health Care 7.85%
Industrials  Industrials 3.47%
Information Technology  Information Technology 5.59%
Materials  Materials 0.00%
Real Estate  Real Estate 13.71%
Utilities  Utilities 27.03%
Other  Other 0.11%
 
  Large Mid Small  
Growth  18.91% 15.46% 8.67%  
Value  6.87% 32.62% 17.36%  

 Style Weighting
Large-Cap Growth 18.91%
Large-Cap Value 6.87%
Mid-Cap Growth 15.46%
Mid-Cap Value 32.62%
Small-Cap Growth 8.67%
Small-Cap Value 17.36%
Undetermined 0.11%
 Composition
U.S. Stocks 96.42%   Other 0.11%
Non-U.S. Stocks 3.47%      
The style and sector characteristics of the portfolio are determined as of 12/14/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $20,530.42
Weighted Average Price/Earnings 18.76
Weighted Average Price/Book 2.11
As of 12/14/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 National Retail Properties, Inc. NNN Real Estate  Real Estate Mid-Cap Value 5.09%
 LTC Properties, Inc. LTC Real Estate  Real Estate Small-Cap Growth 4.37%
 Public Storage PSA Real Estate  Real Estate Large-Cap Growth 4.25%
 Amgen Inc. AMGN Health Care  Health Care Large-Cap Growth 4.14%
 Erie Indemnity Company ERIE Financials  Financials Mid-Cap Growth 4.04%
 Cracker Barrel Old Country Store, Inc. CBRL Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 4.03%
 Paychex, Inc. PAYX Information Technology  Information Technology Large-Cap Growth 3.92%
 Williams-Sonoma, Inc. WSM Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.92%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 3.71%
 Provident Financial Services, Inc. PFS Financials  Financials Small-Cap Value 3.54%
 Watsco, Inc. WSO Industrials  Industrials Mid-Cap Growth 3.47%
 PT Telekomunikasi Indonesia (ADR) TLK Communication Services  Communication Services Large-Cap Growth 3.47%
 IDACORP, Inc. IDA Utilities  Utilities Mid-Cap Value 3.29%
 Evergy, Inc. EVRG Utilities  Utilities Mid-Cap Value 3.28%
 Pinnacle West Capital Corporation PNW Utilities  Utilities Mid-Cap Value 3.17%
 WEC Energy Group, Inc. WEC Utilities  Utilities Large-Cap Value 3.16%
 People's United Financial, Inc. PBCT Financials  Financials Mid-Cap Value 3.15%
 Huntington Bancshares Incorporated HBAN Financials  Financials Mid-Cap Value 3.14%
 Alliant Energy Corporation LNT Utilities  Utilities Mid-Cap Value 3.14%
 Philip Morris International Inc. PM Consumer Staples  Consumer Staples Large-Cap Growth 3.13%
 ALLETE, Inc. ALE Utilities  Utilities Mid-Cap Value 3.01%
 F.N.B. Corporation FNB Financials  Financials Small-Cap Value 2.93%
 Spire Inc. SR Utilities  Utilities Mid-Cap Value 2.75%
 Northwest Natural Holding Co NWN Utilities  Utilities Small-Cap Growth 2.63%
 Southwest Gas Holdings, Inc. SWX Utilities  Utilities Mid-Cap Value 2.60%
 Old National Bancorp ONB Financials  Financials Small-Cap Value 2.57%
 TrustCo Bank Corp NY TRST Financials  Financials Small-Cap Value 2.49%
 Trustmark Corporation TRMK Financials  Financials Small-Cap Value 2.09%
 NVE Corporation NVEC Information Technology  Information Technology Small-Cap Growth 1.67%
 WesBanco, Inc. WSBC Financials  Financials Small-Cap Value 1.26%
 Weyco Group, Inc. WEYS Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.14%
 Financial Institutions, Inc. FISI Financials  Financials Small-Cap Value 0.68%
 Community Trust Bancorp, Inc. CTBI Financials  Financials Small-Cap Value 0.66%
 
Total Number of Holdings:    33
Underlying Securities information represented above is as of 12/14/2018 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.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

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.

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.

IRA Risk. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

Although the portfolio terminates in approximately one year, 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.

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.