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, 28  Ticker: FORPBX
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.
Please note that there is no assurance the objective will be met.
Product Code: SBDV28
Portfolio Status: Secondary
Initial Offer Date: 07/12/2019
Secondary Date: 10/07/2019
Portfolio Ending Date: 07/12/2021
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $7.3998
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 09/17/2020 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 9/14/2020)
----- $0.32180
^ 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 3.85%
Consumer Discretionary  Consumer Discretionary 5.05%
Consumer Staples  Consumer Staples 2.57%
Energy  Energy 13.45%
Financials  Financials 28.88%
Health Care  Health Care 0.00%
Industrials  Industrials 15.01%
Information Technology  Information Technology 6.35%
Materials  Materials 16.94%
Real Estate  Real Estate 2.50%
Utilities  Utilities 5.12%
Other  Other 0.28%
  Large Mid Small  
Growth  9.28% 15.21% 11.02%  
Value  22.04% 22.24% 19.93%  

 Style Weighting
Large-Cap Growth 9.28%
Large-Cap Value 22.04%
Mid-Cap Growth 15.21%
Mid-Cap Value 22.24%
Small-Cap Growth 11.02%
Small-Cap Value 19.93%
Undetermined 0.28%
U.S. Stocks 87.59%   Other 0.28%
Non-U.S. Stocks 12.13%      
The style and sector characteristics of the portfolio are determined as of 09/17/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $21,433.18
Price/Earnings 21.34
Price/Book 1.29
As of 9/16/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 QUALCOMM Incorporated QCOM Information Technology  Information Technology Large-Cap Growth 3.98%
 Watsco, Inc. WSO Industrials  Industrials Mid-Cap Growth 3.72%
 Ares Management Corporation (Class A) ARES Financials  Financials Mid-Cap Growth 3.62%
 Southern Copper Corporation SCCO Materials  Materials Large-Cap Value 3.31%
 Huntsman Corporation HUN Materials  Materials Mid-Cap Value 3.15%
 The Timken Company TKR Industrials  Industrials Mid-Cap Value 3.10%
 Compass Minerals International, Inc. CMP Materials  Materials Small-Cap Growth 2.93%
 The Blackstone Group Inc. BX Financials  Financials Large-Cap Growth 2.93%
 The AES Corporation AES Utilities  Utilities Mid-Cap Growth 2.80%
 The Greenbrier Companies, Inc. GBX Industrials  Industrials Small-Cap Value 2.66%
 Cogent Communications Holdings, Inc. CCOI Communication Services  Communication Services Small-Cap Growth 2.64%
 Flowers Foods, Inc. FLO Consumer Staples  Consumer Staples Mid-Cap Growth 2.57%
 Iron Mountain Incorporated IRM Real Estate  Real Estate Mid-Cap Growth 2.50%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 2.44%
 HP Inc. HPQ Information Technology  Information Technology Large-Cap Growth 2.37%
 Oaktree Specialty Lending Corporation OCSL Financials  Financials Small-Cap Value 2.37%
 MSC Industrial Direct Co., Inc. (Class A) MSM Industrials  Industrials Small-Cap Growth 2.36%
 MDU Resources Group, Inc. MDU Utilities  Utilities Mid-Cap Value 2.32%
 Hercules Capital, Inc. HTGC Financials  Financials Small-Cap Value 2.30%
 Foot Locker, Inc. FL Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.26%
 Truist Financial Corporation TFC Financials  Financials Large-Cap Value 2.01%
 Citizens Financial Group, Inc. CFG Financials  Financials Mid-Cap Value 2.00%
 CF Industries Holdings, Inc. CF Materials  Materials Mid-Cap Value 1.97%
 The Williams Companies, Inc. WMB Energy  Energy Large-Cap Value 1.92%
 Wyndham Destinations, Inc. WYND Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.88%
 Zions Bancorporation ZION Financials  Financials Mid-Cap Value 1.77%
 Mercury General Corporation MCY Financials  Financials Small-Cap Value 1.77%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 1.76%
 Valley National Bancorp VLY Financials  Financials Small-Cap Value 1.74%
 Domtar Corporation UFS Materials  Materials Small-Cap Value 1.74%
 Umpqua Holdings Corporation UMPQ Financials  Financials Small-Cap Value 1.73%
 Alaska Air Group, Inc. ALK Industrials  Industrials Mid-Cap Value 1.71%
 Citigroup Inc. C Financials  Financials Large-Cap Value 1.66%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 1.63%
 Kinder Morgan, Inc. KMI Energy  Energy Large-Cap Value 1.61%
 Pembina Pipeline Corporation PBA Energy  Energy Mid-Cap Value 1.60%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 1.50%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 1.49%
 Delta Air Lines, Inc. DAL Industrials  Industrials Large-Cap Value 1.46%
 Invesco Ltd. IVZ Financials  Financials Mid-Cap Value 1.45%
 Mercer International Inc. MERC Materials  Materials Small-Cap Value 1.40%
 Apollo Commercial Real Estate Finance, Inc. ARI Financials  Financials Small-Cap Value 1.31%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 1.25%
 National CineMedia, Inc. NCMI Communication Services  Communication Services Small-Cap Growth 1.21%
 Carnival Corporation CCL Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.91%
 Helmerich & Payne, Inc. HP Energy  Energy Small-Cap Value 0.82%
 PBF Energy Inc. PBF Energy  Energy Small-Cap Value 0.61%
 GasLog Ltd. GLOG Energy  Energy Small-Cap Value 0.54%
 GasLog Partners LP GLOP Energy  Energy Small-Cap Value 0.48%
 Invesco Mortgage Capital Inc. IVR Financials  Financials Small-Cap Value 0.46%
Total Number of Holdings:    50
Underlying Securities information represented above is as of 09/17/2020 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.

Business Development Company Risk. Certain of the securities in the portfolio are issued by closed-end investment companies which have been elected to be treated as Business Development Companies (BDC). An investment in BDCs is subject to various risks, including management's ability to meet the BDC's investment objective, and to manage the BDC's portfolio during periods of market turmoil. BDCs may trade in the market at a discount to their net asset value. BDCs may employ the use of leverage which subjects the BDC to increased risks.

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.

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.

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.

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.

Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.

Important Note. It is important to note that an investment can be made in the underlying funds directly rather than through the trust. These direct investments can be made without paying the trust's sales charge, operating expenses and organizational costs.

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.

Fund Cusip Information
30311C427 (Cash)
30311C435 (Reinvest)
30311C443 (Cash-Fee)
30311C450 (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 professionals 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. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2020 All rights reserved.