Sabrient Forward Looking Value, 7  Ticker: FNOWLX
 
Description
A unit investment trust that seeks above-average capital appreciation. The portfolio seeks to find companies that Sabrient believes are positioned to perform well in the near future by “looking forward” at anticipated earnings over the next few years. The stocks are selected for the trust by Sabrient Systems, LLC by applying a comprehensive investment strategy process.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: SBFL7
Portfolio Status: Secondary
Initial Offer Date: 07/01/2019
Secondary Date: 10/07/2019
Portfolio Ending Date: 10/07/2020
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $7.5772
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 09/22/2020 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  Per Unit (as of 9/21/2020)
----- $0.07320
^ 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 of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. Due to the negative economic impact across many industries caused by the recent COVID-19 outbreak, certain issuers of the securities included in the trust may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "Historical 12-Month Distribution Per Unit," which is based on the trailing twelve-month distributions paid by the securities included in a trust, will likely be higher, and in some cases significantly higher, than the actual distribution per unit achieved by the trust. 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 distributions 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 is calculated only using 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 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 1.28%
Consumer Discretionary  Consumer Discretionary 7.87%
Consumer Staples  Consumer Staples 2.32%
Energy  Energy 8.90%
Financials  Financials 18.14%
Health Care  Health Care 13.77%
Industrials  Industrials 24.59%
Information Technology  Information Technology 8.64%
Materials  Materials 14.21%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.28%
 
  Large Mid Small  
Growth  0.00% 7.33% 20.31%  
Value  21.08% 31.76% 19.24%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 21.08%
Mid-Cap Growth 7.33%
Mid-Cap Value 31.76%
Small-Cap Growth 20.31%
Small-Cap Value 19.24%
Undetermined 0.28%
 Composition
U.S. Stocks 86.67%   Other 0.28%
Non-U.S. Stocks 13.05%      
The style and sector characteristics of the portfolio are determined as of 09/21/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $13,998.83
Price/Book 1.24
As of 9/21/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Pacira BioSciences Inc. PCRX Health Care  Health Care Small-Cap Growth 5.67%
 Pretium Resources Inc. PVG Materials  Materials Small-Cap Growth 5.46%
 United Rentals, Inc. URI Industrials  Industrials Mid-Cap Value 5.20%
 Commercial Metals Company CMC Materials  Materials Small-Cap Value 4.57%
 GoDaddy Inc. (Class A) GDDY Information Technology  Information Technology Mid-Cap Growth 4.33%
 Jabil, Inc. JBL Information Technology  Information Technology Mid-Cap Value 4.31%
 Cigna Corporation CI Health Care  Health Care Large-Cap Value 4.31%
 The Timken Company TKR Industrials  Industrials Mid-Cap Value 4.30%
 Boyd Gaming Corporation BYD Consumer Discretionary  Consumer Discretionary Small-Cap Growth 4.17%
 Anthem, Inc. ANTM Health Care  Health Care Large-Cap Value 3.79%
 The Allstate Corporation ALL Financials  Financials Large-Cap Value 3.76%
 Marriott Vacations Worldwide Corporation VAC Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.70%
 Allegiant Travel Company ALGT Industrials  Industrials Small-Cap Growth 3.62%
 WESCO International, Inc. WCC Industrials  Industrials Small-Cap Value 3.50%
 Voya Financial, Inc. VOYA Financials  Financials Mid-Cap Value 3.48%
 Athene Holding Ltd. (Class A) ATH Financials  Financials Mid-Cap Value 3.23%
 Cheniere Energy, Inc. LNG Energy  Energy Mid-Cap Growth 3.00%
 CF Industries Holdings, Inc. CF Materials  Materials Mid-Cap Value 2.79%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 2.65%
 Citigroup Inc. C Financials  Financials Large-Cap Value 2.59%
 JetBlue Airways Corporation JBLU Industrials  Industrials Small-Cap Value 2.58%
 Alaska Air Group, Inc. ALK Industrials  Industrials Mid-Cap Value 2.43%
 NMI Holdings, Inc. (Class A) NMIH Financials  Financials Small-Cap Value 2.43%
 Fomento Economico Mexicano, S.A.B. de C.V. (ADR) FMX Consumer Staples  Consumer Staples Mid-Cap Value 2.32%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 2.29%
 Suncor Energy Inc. SU Energy  Energy Large-Cap Value 1.69%
 Foundation Building Materials, Inc. FBM Industrials  Industrials Small-Cap Value 1.61%
 Par Pacific Holdings, Inc. PARR Energy  Energy Small-Cap Value 1.57%
 Koppers Holdings Inc. KOP Materials  Materials Small-Cap Growth 1.39%
 MRC Global Inc. MRC Industrials  Industrials Small-Cap Value 1.35%
 Cinemark Holdings, Inc. CNK Communication Services  Communication Services Small-Cap Value 1.28%
 GasLog Partners LP GLOP Energy  Energy Small-Cap Value 0.35%
 
Total Number of Holdings:    32
Underlying Securities information represented above is as of 09/21/2020 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.

COVID-19 Economic Impact Risk. The recent outbreak of a respiratory disease designated as COVID-19 was first detected in China in December 2019. The global economic impact of the COVID-19 outbreak is impossible to predict but is expected to disrupt manufacturing, supply chains and sales in affected areas and negatively impact global economic growth prospects. The COVID-19 outbreak has also caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of the COVID-19 outbreak may be short term or may last for an extended period of time, and in either case could result in a substantial economic downturn or recession.

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.

Industrials Risk. The companies engaged in the industrials sector are subject to a deterioration in the general state of the economy, intense competition, domestic and international politics, excess capacity and changing spending trends.

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 cybersecurity.

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 professional 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.