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 Global Dividend Kings®, 34  Ticker: FONKFX
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 (RBA) using a comprehensive process.
Please note that there is no assurance the objective will be met.
Product Code: RBGD34
Portfolio Status: Primary
Initial Offer Date: 03/11/2020
Portfolio Ending Date: 03/11/2022
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $9.6608
POP(*): $9.8826
Remaining Deferred Sales Charge: $0.0750
* As of Trade Date: 08/05/2020 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 (as of 8/5/2020) Per Unit (as of 8/3/2020)
4.75% $0.46960
^ 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. 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 Rate of Trust Holdings," 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 rate 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 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. 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. 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 8.16%
Consumer Discretionary  Consumer Discretionary 5.03%
Consumer Staples  Consumer Staples 4.59%
Energy  Energy 18.54%
Financials  Financials 18.95%
Health Care  Health Care 4.70%
Industrials  Industrials 2.14%
Information Technology  Information Technology 4.87%
Materials  Materials 6.79%
Real Estate  Real Estate 11.85%
Utilities  Utilities 13.77%
Other  Other 0.61%
  Large Mid Small  
Growth  8.17% 4.13% 0.52%  
Value  45.35% 33.59% 7.55%  

 Style Weighting
Large-Cap Growth 8.17%
Large-Cap Value 45.35%
Mid-Cap Growth 4.13%
Mid-Cap Value 33.59%
Small-Cap Growth 0.52%
Small-Cap Value 7.55%
Undetermined 0.69%
U.S. Stocks 39.01%   Other 0.61%
Non-U.S. Stocks 60.38%      
The style and sector characteristics of the portfolio are determined as of 08/04/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $42,592.77
Price/Earnings 15.61
Price/Book 1.24
As of 8/4/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
 Broadcom Inc. AVGO Information Technology  Information Technology Large-Cap Value 2.71%
 Endesa, S.A. ELE.SM Utilities  Utilities Large-Cap Value 2.60%
 Skandinaviska Enskilda Banken AB (Class A) SEBA.SS Financials  Financials Large-Cap Value 2.46%
 Enagas S.A. ENG.SM Utilities  Utilities Mid-Cap Value 2.44%
 Pfizer Inc. PFE Health Care  Health Care Large-Cap Value 2.37%
 Occidental Petroleum Corporation OXY Energy  Energy Mid-Cap Value 2.36%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 2.33%
 Canadian Imperial Bank of Commerce CM.CN Financials  Financials Large-Cap Value 2.32%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 2.31%
 BASF SE BAS.GY Materials  Materials Large-Cap Value 2.25%
 International Paper Company IP Materials  Materials Mid-Cap Value 2.23%
 CenterPoint Energy, Inc. CNP Utilities  Utilities Mid-Cap Value 2.23%
 Pembina Pipeline Corporation PPL.CN Energy  Energy Mid-Cap Value 2.20%
 Enbridge Inc. ENB.CN Energy  Energy Large-Cap Value 2.19%
 Keyera Corp. KEY.CN Energy  Energy Small-Cap Value 2.19%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Value 2.16%
 TELUS Corporation T.CN Communication Services  Communication Services Large-Cap Value 2.16%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 2.15%
 AXA S.A. CS.FP Financials  Financials Large-Cap Value 2.14%
 Hochtief AG HOT.GY Industrials  Industrials Mid-Cap Growth 2.14%
 Publicis Groupe PUB.FP Communication Services  Communication Services Mid-Cap Value 2.14%
 Galp Energia, SGPS, S.A. GALP.PL Energy  Energy Mid-Cap Value 2.13%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Growth 2.11%
 National Grid Plc NG/.LN Utilities  Utilities Large-Cap Value 2.11%
 Assicurazioni Generali SpA G.IM Financials  Financials Large-Cap Value 2.10%
 BCE Inc. BCE.CN Communication Services  Communication Services Large-Cap Value 2.07%
 ING Groep N.V. (ADR) ING Financials  Financials Large-Cap Value 2.03%
 Medical Properties Trust, Inc. MPW Real Estate  Real Estate Mid-Cap Value 1.98%
 Philip Morris International Inc. PM Consumer Staples  Consumer Staples Large-Cap Growth 1.96%
 PPL Corporation PPL Utilities  Utilities Large-Cap Value 1.94%
 W.P. Carey Inc. WPC Real Estate  Real Estate Mid-Cap Value 1.91%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 1.89%
 Swiss Re AG SREN.SW Financials  Financials Large-Cap Value 1.89%
 The British Land Company Plc BLND.LN Real Estate  Real Estate Mid-Cap Value 1.82%
 Great-West Lifeco Inc. GWO.CN Financials  Financials Mid-Cap Value 1.80%
 AT&T Inc. T Communication Services  Communication Services Large-Cap Value 1.79%
 Las Vegas Sands Corp. LVS Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.77%
 Daito Trust Construction Co., Ltd. 1878.JP Real Estate  Real Estate Mid-Cap Value 1.76%
 Suncor Energy, Inc. SU.CN Energy  Energy Large-Cap Value 1.71%
 Invesco Ltd. IVZ Financials  Financials Mid-Cap Value 1.68%
 CK Infrastructure Holdings Limited 1038.HK Utilities  Utilities Mid-Cap Value 1.67%
 SmartCentres Real Estate Investment Trust SRU-U.CN Real Estate  Real Estate Small-Cap Value 1.65%
 ONEOK, Inc. OKE Energy  Energy Mid-Cap Value 1.64%
 Klepierre LI.FP Real Estate  Real Estate Mid-Cap Value 1.52%
 Kohl's Corporation KSS Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.34%
 Nedbank Group Limited NED.SJ Financials  Financials Small-Cap Value 1.30%
 Absa Group Ltd ABG.SJ Financials  Financials Mid-Cap Value 1.23%
 Simon Property Group, Inc. SPG Real Estate  Real Estate Mid-Cap Growth 1.21%
 The Foschini Group Limited TFG.SJ Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.07%
 Harley-Davidson, Inc. HOG Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.85%
 APA Group APA.AU Utilities  Utilities Mid-Cap Growth 0.78%
 The Spar Group Limited SPP.SJ Consumer Staples  Consumer Staples Small-Cap Growth 0.52%
 Occidental Petroleum-Cw27-Wi OXY/WS-W Energy  Energy Undetermined 0.08%
 The Foschini Group Ltd - Rights TFGN.SJ Consumer Discretionary  Consumer Discretionary Undetermined 0.00%
Total Number of Holdings:    54
Underlying Securities information represented above is as of 08/04/2020 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  1.48%
  Deferred:  0.76%
C&D Fee:    0.51%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30313H507 Cash Monthly
30313H515 Reinvest Monthly
* Based on the offer price as of 08/05/2020 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.52%
Maximum Sales Charge:   0.52%
CUSIP Type Distribution
30313H523 Cash-Fee Monthly
30313H531 Reinvest-Fee Monthly
* Based on the NAV price as of 08/05/2020 4:00pm ET
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 June 19, 2020
$0.07500 July 20, 2020
$0.07500 August 20, 2020

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.

Brexit Risk. On January 31, 2020, the United Kingdom officially departed the European Union (commonly referred to as "Brexit"). Brexit has led to volatility in global financial markets, in particular those of the United Kingdom and across Europe, and may also lead to weakening in political, regulatory, consumer, corporate and financial confidence in the United Kingdom and Europe.

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.

Europe Risk. Because the portfolio is concentrated in companies headquartered in Europe, the portfolio may present more risks than a portfolio which is broadly diversified over several regions.

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.

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
30313H507 (Cash)
30313H515 (Reinvest)
30313H523 (Cash-Fee)
30313H531 (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.