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       
 
 

Richard Bernstein Advisors Quality Income, 30  Ticker: FCMLRX
 
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.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: RBAQ30
Portfolio Status: Secondary
Initial Offer Date: 07/20/2018
Secondary Date: 10/10/2018
Portfolio Ending Date: 10/21/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.2274
POP(*): $10.3674
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 06/18/2019 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.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 6/18/2019) Per Unit (as of 6/17/2019)
2.86% $0.29690
^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. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital. PLEASE NOTE: For trusts that hold preferred securities, the historical distribution rate is calculated using only the holdings that have 12 months of distribution history. Any holdings without a 12 month history of dividends were excluded from the calculation. 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 5.90%
Consumer Discretionary  Consumer Discretionary 11.85%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 0.00%
Financials  Financials 30.80%
Health Care  Health Care 3.92%
Industrials  Industrials 10.83%
Information Technology  Information Technology 6.07%
Materials  Materials 0.00%
Real Estate  Real Estate 4.75%
Utilities  Utilities 25.65%
Other  Other 0.23%
 
  Large Mid Small  
Growth  12.98% 19.76% 6.65%  
Value  18.00% 25.56% 16.82%  

 Style Weighting
Large-Cap Growth 12.98%
Large-Cap Value 18.00%
Mid-Cap Growth 19.76%
Mid-Cap Value 25.56%
Small-Cap Growth 6.65%
Small-Cap Value 16.82%
Undetermined 0.23%
 Composition
U.S. Stocks 85.83%   Other 0.23%
Non-U.S. Stocks 13.94%      
The style and sector characteristics of the portfolio are determined as of 06/17/2019 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $29,841.48
Weighted Average Price/Earnings 17.89
Weighted Average Price/Book 2.08
As of 6/17/2019
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Erie Indemnity Company ERIE Financials  Financials Mid-Cap Growth 7.86%
 McDonald's Corporation MCD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 4.94%
 National Retail Properties, Inc. NNN Real Estate  Real Estate Mid-Cap Value 4.75%
 Cracker Barrel Old Country Store, Inc. CBRL Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 4.32%
 Fastenal Company FAST Industrials  Industrials Mid-Cap Growth 4.23%
 Infosys Limited (ADR) INFY Information Technology  Information Technology Large-Cap Growth 4.12%
 Novo Nordisk A/S (ADR) NVO Health Care  Health Care Large-Cap Growth 3.92%
 China Mobile Limited (ADR) CHL Communication Services  Communication Services Large-Cap Value 3.84%
 Eversource Energy ES Utilities  Utilities Large-Cap Value 3.58%
 WEC Energy Group, Inc. WEC Utilities  Utilities Large-Cap Value 3.43%
 Watsco, Inc. WSO Industrials  Industrials Mid-Cap Growth 3.35%
 Pinnacle West Capital Corporation PNW Utilities  Utilities Mid-Cap Value 3.33%
 Provident Financial Services, Inc. PFS Financials  Financials Small-Cap Value 3.28%
 MSC Industrial Direct Co., Inc. (Class A) MSM Industrials  Industrials Mid-Cap Value 3.25%
 Alliant Energy Corporation LNT Utilities  Utilities Mid-Cap Value 3.23%
 Southwest Gas Holdings, Inc. SWX Utilities  Utilities Mid-Cap Value 3.17%
 Consolidated Edison, Inc. ED Utilities  Utilities Large-Cap Value 3.03%
 IDACORP, Inc. IDA Utilities  Utilities Mid-Cap Value 2.97%
 ALLETE, Inc. ALE Utilities  Utilities Mid-Cap Value 2.91%
 TrustCo Bank Corp NY TRST Financials  Financials Small-Cap Value 2.87%
 The Buckle, Inc. BKE Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.59%
 Bank of Hawaii Corporation BOH Financials  Financials Small-Cap Growth 2.11%
 BB&T Corporation BBT Financials  Financials Large-Cap Value 2.06%
 China Telecom Corporation Limited (ADR) CHA Communication Services  Communication Services Large-Cap Value 2.06%
 Fulton Financial Corporation FULT Financials  Financials Small-Cap Value 1.97%
 People's United Financial, Inc. PBCT Financials  Financials Mid-Cap Value 1.95%
 NVE Corporation NVEC Information Technology  Information Technology Small-Cap Growth 1.95%
 F.N.B. Corporation FNB Financials  Financials Small-Cap Value 1.79%
 CVB Financial Corp. CVBF Financials  Financials Small-Cap Value 1.77%
 Hope Bancorp, Inc. HOPE Financials  Financials Small-Cap Value 1.59%
 Sandy Spring Bancorp, Inc. SASR Financials  Financials Small-Cap Value 1.23%
 WesBanco, Inc. WSBC Financials  Financials Small-Cap Value 0.97%
 Park National Corporation PRK Financials  Financials Small-Cap Value 0.70%
 NBT Bancorp Inc. NBTB Financials  Financials Small-Cap Value 0.65%
 
Total Number of Holdings:    34
Underlying Securities information represented above is as of 06/17/2019 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.

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.

Term Risk - 15 months. Although this unit investment trust 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.

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
30309R683 (Cash)
30309R691 (Reinvest)
30309R709 (Cash-Fee)
30309R717 (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, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their 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 © 2019 All rights reserved.