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       

Sabrient Dividend, 24  Ticker: FUIDQX
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.
Product Code: SBDV24
Portfolio Status: Secondary
Initial Offer Date: 07/25/2018
Secondary Date: 10/22/2018
Portfolio Ending Date: 07/24/2020
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $8.7082
POP(*): $8.9086
Remaining Deferred Sales Charge: $0.1500
* As of Trade Date: 12/10/2018 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.

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution * $0.3924
Subsequent Years * $0.3921
As of 12/10/2018
* The estimated net annual distribution for subsequent years is expected to be less than the amount for the first year because a portion of the securities included in the portfolio will be sold to pay for organization costs, the deferred sales charge and the creation and development fee.  The estimates are based on annualizing the most recent dividends declared by the issuers of the securities included in the portfolio. There is no guarantee that the issuers of the securities included in the portfolio will declare distributions in the future or that, if declared, they will either remain at current levels or increase over time.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 4.46%
Consumer Discretionary  Consumer Discretionary 5.39%
Consumer Staples  Consumer Staples 2.23%
Energy  Energy 16.86%
Financials  Financials 15.41%
Health Care  Health Care 14.60%
Industrials  Industrials 15.66%
Information Technology  Information Technology 5.73%
Materials  Materials 10.59%
Real Estate  Real Estate 6.46%
Utilities  Utilities 2.60%
Other  Other 0.01%
  Large Mid Small  
Growth  16.60% 6.26% 7.20%  
Value  33.98% 11.71% 24.24%  

 Style Weighting
Large-Cap Growth 16.60%
Large-Cap Value 33.98%
Mid-Cap Growth 6.26%
Mid-Cap Value 11.71%
Small-Cap Growth 7.20%
Small-Cap Value 24.24%
Undetermined 0.01%
U.S. Stocks 78.64%   Other 0.01%
Non-U.S. Stocks 21.35%      
The style and sector characteristics of the portfolio are determined as of 12/07/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $67,096.92
Weighted Average Price/Earnings 12.27
Weighted Average Price/Book 1.51
As of 12/7/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Merck & Co., Inc. MRK Health Care  Health Care Large-Cap Growth 2.65%
 The AES Corporation AES Utilities  Utilities Mid-Cap Growth 2.60%
 Pfizer Inc. PFE Health Care  Health Care Large-Cap Value 2.56%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Growth 2.46%
 Verizon Communications Inc. VZ Communication Services  Communication Services Large-Cap Growth 2.46%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 2.46%
 Cardinal Health, Inc. CAH Health Care  Health Care Mid-Cap Value 2.41%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Growth 2.39%
 Seaspan Corporation SSW Industrials  Industrials Small-Cap Value 2.39%
 Crown Castle International Corp. CCI Real Estate  Real Estate Large-Cap Growth 2.35%
 Triton International Limited TRTN Industrials  Industrials Small-Cap Value 2.34%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Value 2.25%
 Philip Morris International Inc. PM Consumer Staples  Consumer Staples Large-Cap Growth 2.23%
 The Travelers Companies, Inc. TRV Financials  Financials Large-Cap Value 2.18%
 Apollo Commercial Real Estate Finance, Inc. ARI Financials  Financials Small-Cap Value 2.18%
 M.D.C. Holdings, Inc. MDC Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.09%
 Vale S.A. (ADR) VALE Materials  Materials Large-Cap Value 2.09%
 Gaming and Leisure Properties, Inc. GLPI Real Estate  Real Estate Mid-Cap Growth 2.09%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 2.06%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 2.05%
 Eaton Corporation Plc ETN Industrials  Industrials Large-Cap Value 2.03%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 2.03%
 Kennedy-Wilson Holdings, Inc. KW Real Estate  Real Estate Small-Cap Growth 2.02%
 Cogent Communications Holdings, Inc. CCOI Communication Services  Communication Services Small-Cap Growth 2.00%
 BP Plc (ADR) BP Energy  Energy Large-Cap Value 1.93%
 New York Community Bancorp, Inc. NYCB Financials  Financials Mid-Cap Value 1.93%
 Aircastle Limited AYR Industrials  Industrials Small-Cap Value 1.93%
 Ship Finance International Limited SFL Energy  Energy Small-Cap Value 1.93%
 People's United Financial, Inc. PBCT Financials  Financials Mid-Cap Value 1.92%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 1.92%
 Total S.A. (ADR) TOT Energy  Energy Large-Cap Value 1.91%
 F.N.B. Corporation FNB Financials  Financials Mid-Cap Value 1.89%
 Domtar Corporation UFS Materials  Materials Small-Cap Value 1.88%
 ONEOK, Inc. OKE Energy  Energy Large-Cap Value 1.87%
 International Paper Company IP Materials  Materials Large-Cap Value 1.85%
 Briggs & Stratton Corporation BGG Industrials  Industrials Small-Cap Value 1.83%
 Penske Automotive Group, Inc. PAG Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.83%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 1.83%
 Phillips 66 PSX Energy  Energy Large-Cap Value 1.77%
 Xperi Corporation XPER Information Technology  Information Technology Small-Cap Value 1.77%
 Umpqua Holdings Corporation UMPQ Financials  Financials Mid-Cap Value 1.73%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 1.71%
 Artisan Partners Asset Management Inc. APAM Financials  Financials Small-Cap Growth 1.66%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 1.57%
 Olin Corporation OLN Materials  Materials Small-Cap Value 1.54%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 1.54%
 Compass Minerals International, Inc. CMP Materials  Materials Small-Cap Growth 1.52%
 Costamare Inc. CMRE Industrials  Industrials Small-Cap Value 1.52%
 Chico's FAS, Inc. CHS Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.47%
 LSC Communications, Inc. LKSD Industrials  Industrials Small-Cap Value 1.37%
Total Number of Holdings:    50
Underlying Securities information represented above is as of 12/07/2018 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 November 20, 2018
$0.07500 December 20, 2018
$0.07500 January 18, 2019

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.

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.

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.

Fund Cusip Information
30309R485 (Cash)
30309R493 (Reinvest)
30309R501 (Cash-Fee)
30309R519 (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 and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2018 All rights reserved.