Sabrient Dividend Opportunity, 10  Ticker: FYOMQX
 
Description
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.
 
Summary
Product Code: SBDO10
Portfolio Status: Secondary
Initial Offer Date: 06/30/2020
Secondary Date: 09/28/2020
Portfolio Ending Date: 09/30/2021
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.7953
POP(*): $9.9294
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 09/29/2020 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 9/29/2020) Per Unit (as of 9/28/2020)
3.73% $0.37070
^ 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 1.56%
Consumer Discretionary  Consumer Discretionary 11.26%
Consumer Staples  Consumer Staples 10.28%
Energy  Energy 0.00%
Financials  Financials 23.34%
Health Care  Health Care 17.21%
Industrials  Industrials 0.00%
Information Technology  Information Technology 20.53%
Materials  Materials 0.00%
Real Estate  Real Estate 11.48%
Utilities  Utilities 3.97%
Other  Other 0.37%
 
  Large Mid Small  
Growth  17.72% 10.38% 8.77%  
Value  23.44% 26.44% 12.88%  

 Style Weighting
Large-Cap Growth 17.72%
Large-Cap Value 23.44%
Mid-Cap Growth 10.38%
Mid-Cap Value 26.44%
Small-Cap Growth 8.77%
Small-Cap Value 12.88%
Undetermined 0.37%
 Composition
U.S. Stocks 97.53%   Other 0.37%
Non-U.S. Stocks 2.10%      
The style and sector characteristics of the portfolio are determined as of 09/29/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $47,288.88
Price/Earnings 18.63
Price/Book 1.46
As of 9/29/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Innovative Industrial Properties, Inc. IIPR Real Estate  Real Estate Small-Cap Growth 2.76%
 Target Corporation TGT Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.65%
 Lowe's Companies, Inc. LOW Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.45%
 VICI Properties Inc. VICI Real Estate  Real Estate Mid-Cap Value 2.33%
 Broadcom Inc. AVGO Information Technology  Information Technology Large-Cap Growth 2.33%
 Maxim Integrated Products, Inc. MXIM Information Technology  Information Technology Mid-Cap Growth 2.25%
 Community Healthcare Trust Incorporated CHCT Real Estate  Real Estate Small-Cap Growth 2.25%
 The Home Depot, Inc. HD Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.21%
 HP Inc. HPQ Information Technology  Information Technology Large-Cap Growth 2.20%
 Papa John's International, Inc. PZZA Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.20%
 Annaly Capital Management, Inc. NLY Financials  Financials Mid-Cap Value 2.17%
 Flowers Foods, Inc. FLO Consumer Staples  Consumer Staples Mid-Cap Growth 2.16%
 DTE Energy Company DTE Utilities  Utilities Large-Cap Value 2.13%
 WesBanco, Inc. WSBC Financials  Financials Small-Cap Value 2.13%
 Prudential Financial, Inc. PRU Financials  Financials Large-Cap Value 2.13%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Value 2.12%
 Philip Morris International Inc. PM Consumer Staples  Consumer Staples Large-Cap Growth 2.12%
 Conagra Brands, Inc. CAG Consumer Staples  Consumer Staples Mid-Cap Value 2.11%
 Citizens Financial Group, Inc. CFG Financials  Financials Mid-Cap Value 2.11%
 MGM Growth Properties LLC (Class A) MGP Real Estate  Real Estate Mid-Cap Value 2.11%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 2.10%
 Regions Financial Corporation RF Financials  Financials Mid-Cap Value 2.09%
 Broadridge Financial Solutions, Inc. BR Information Technology  Information Technology Mid-Cap Growth 2.07%
 Bristol-Myers Squibb Company BMY Health Care  Health Care Large-Cap Value 2.06%
 Quest Diagnostics Incorporated DGX Health Care  Health Care Mid-Cap Value 2.05%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Value 2.04%
 Physicians Realty Trust DOC Real Estate  Real Estate Small-Cap Value 2.03%
 Science Applications International Corporation SAIC Information Technology  Information Technology Mid-Cap Value 2.01%
 KeyCorp KEY Financials  Financials Mid-Cap Value 1.99%
 Principal Financial Group, Inc. PFG Financials  Financials Mid-Cap Value 1.98%
 Microchip Technology Incorporated MCHP Information Technology  Information Technology Large-Cap Value 1.97%
 Anthem, Inc. ANTM Health Care  Health Care Large-Cap Value 1.97%
 AmerisourceBergen Corporation ABC Health Care  Health Care Large-Cap Value 1.96%
 General Mills, Inc. GIS Consumer Staples  Consumer Staples Large-Cap Value 1.95%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Growth 1.94%
 Western Digital Corporation WDC Information Technology  Information Technology Mid-Cap Value 1.88%
 CNA Financial Corporation CNA Financials  Financials Mid-Cap Value 1.86%
 Southwest Gas Holdings, Inc. SWX Utilities  Utilities Small-Cap Value 1.84%
 Hancock Whitney Corporation HWC Financials  Financials Small-Cap Value 1.82%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 1.82%
 Cardinal Health, Inc. CAH Health Care  Health Care Mid-Cap Growth 1.80%
 CVS Health Corporation CVS Health Care  Health Care Large-Cap Value 1.77%
 Thor Industries, Inc. THO Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.75%
 Brookline Bancorp, Inc. BRKL Financials  Financials Small-Cap Value 1.74%
 Provident Financial Services, Inc. PFS Financials  Financials Small-Cap Value 1.72%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Value 1.68%
 Gilead Sciences, Inc. GILD Health Care  Health Care Large-Cap Value 1.66%
 Northfield Bancorp, Inc. NFBK Financials  Financials Small-Cap Value 1.60%
 Cogent Communications Holdings, Inc. CCOI Communication Services  Communication Services Small-Cap Growth 1.56%
 
Total Number of Holdings:    49
Underlying Securities information represented above is as of 09/29/2020 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 October 20, 2020
$0.04500 November 20, 2020
$0.04500 December 18, 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.

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.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

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.