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SMid Capital Strength Opportunity, 15  Ticker: FBOGAX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in a portfolio of small- and mid-capitalization companies which have strong balance sheets.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: SMCO15
Portfolio Status: Primary
Initial Offer Date: 11/09/2020
Portfolio Ending Date: 02/09/2022
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $11.9172
POP(*): $12.0909
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 01/22/2021 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 1/22/2021) Per Unit (as of 1/22/2021)
0.33% $0.04000
^ 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 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 0.00%
Consumer Discretionary  Consumer Discretionary 17.50%
Consumer Staples  Consumer Staples 4.10%
Energy  Energy 3.85%
Financials  Financials 7.79%
Health Care  Health Care 21.54%
Industrials  Industrials 16.77%
Information Technology  Information Technology 26.45%
Materials  Materials 1.94%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.06%
 
  Large Mid Small  
Growth  3.61% 54.39% 20.19%  
Value  0.00% 16.84% 4.91%  

 Style Weighting
Large-Cap Growth 3.61%
Large-Cap Value 0.00%
Mid-Cap Growth 54.39%
Mid-Cap Value 16.84%
Small-Cap Growth 20.19%
Small-Cap Value 4.91%
Undetermined 0.06%
 Composition
U.S. Stocks 95.02%   Other 0.06%
Non-U.S. Stocks 4.92%      
The style and sector characteristics of the portfolio are determined as of 01/22/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $9,215.09
Price/Earnings 27.78
Price/Book 6.23
As of 1/22/2021
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Renewable Energy Group, Inc. REGI Energy  Energy Small-Cap Growth 3.85%
 Enphase Energy, Inc. ENPH Information Technology  Information Technology Large-Cap Growth 3.61%
 Corcept Therapeutics Incorporated CORT Health Care  Health Care Small-Cap Growth 3.20%
 Evercore Inc. EVR Financials  Financials Small-Cap Growth 2.88%
 Williams-Sonoma, Inc. WSM Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.76%
 Alarm.com Holdings, Inc. ALRM Information Technology  Information Technology Small-Cap Growth 2.76%
 SolarEdge Technologies, Inc. SEDG Information Technology  Information Technology Mid-Cap Growth 2.74%
 Ciena Corporation CIEN Information Technology  Information Technology Mid-Cap Value 2.68%
 TopBuild Corp. BLD Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.68%
 Synaptics Incorporated SYNA Information Technology  Information Technology Small-Cap Growth 2.66%
 NIC Inc. EGOV Information Technology  Information Technology Small-Cap Growth 2.66%
 Trimble Inc. TRMB Information Technology  Information Technology Mid-Cap Growth 2.61%
 Crocs, Inc. CROX Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.61%
 Federated Hermes, Inc. (Class B) FHI Financials  Financials Small-Cap Value 2.57%
 ITT Inc. ITT Industrials  Industrials Mid-Cap Value 2.55%
 PRA Health Sciences, Inc. PRAH Health Care  Health Care Mid-Cap Growth 2.51%
 Generac Holdings Inc. GNRC Industrials  Industrials Mid-Cap Growth 2.50%
 Gentex Corporation GNTX Consumer Discretionary  Consumer Discretionary Mid-Cap Value 2.47%
 YETI Holdings, Inc. YETI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.46%
 Deckers Outdoor Corporation DECK Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.42%
 The Toro Company TTC Industrials  Industrials Mid-Cap Growth 2.40%
 Lincoln Electric Holdings, Inc. LECO Industrials  Industrials Mid-Cap Growth 2.40%
 Emergent BioSolutions Inc. EBS Health Care  Health Care Mid-Cap Value 2.39%
 Amedisys, Inc. AMED Health Care  Health Care Mid-Cap Growth 2.38%
 Bio-Techne Corporation TECH Health Care  Health Care Mid-Cap Growth 2.37%
 Graco Inc. GGG Industrials  Industrials Mid-Cap Growth 2.37%
 Fair Isaac Corporation FICO Information Technology  Information Technology Mid-Cap Growth 2.35%
 Casey's General Stores, Inc. CASY Consumer Staples  Consumer Staples Mid-Cap Value 2.34%
 UFP Industries Inc. UFPI Industrials  Industrials Small-Cap Value 2.34%
 SEI Investments Company SEIC Financials  Financials Mid-Cap Growth 2.34%
 Charles River Laboratories International, Inc. CRL Health Care  Health Care Mid-Cap Growth 2.26%
 Hubbell Incorporated HUBB Industrials  Industrials Mid-Cap Value 2.21%
 Exelixis, Inc. EXEL Health Care  Health Care Mid-Cap Value 2.20%
 Paylocity Holding Corporation PCTY Information Technology  Information Technology Mid-Cap Growth 2.20%
 EVERTEC, Inc. EVTC Information Technology  Information Technology Small-Cap Growth 2.18%
 Masimo Corporation MASI Health Care  Health Care Mid-Cap Growth 2.12%
 Molina Healthcare, Inc. MOH Health Care  Health Care Mid-Cap Growth 2.11%
 Ollie's Bargain Outlet Holdings, Inc. OLLI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.10%
 RPM International Inc. RPM Materials  Materials Mid-Cap Growth 1.94%
 The Boston Beer Company, Inc. SAM Consumer Staples  Consumer Staples Mid-Cap Growth 1.76%
 
Total Number of Holdings:    40
Underlying Securities information represented above is as of 01/22/2021 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.32%
  Deferred:  1.12%
C&D Fee:    0.41%
Maximum Sales Charge:   1.85%
CUSIP Type Distribution
30316G142 Cash Semi-Annual
30316G159 Reinvest Semi-Annual
* Based on the offer price as of 01/22/2021 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.42%
Maximum Sales Charge:   0.42%
CUSIP Type Distribution
30316G167 Cash-Fee Semi-Annual
30316G175 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 01/22/2021 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
$0.04500 February 19, 2021
$0.04500 March 19, 2021
$0.04500 April 20, 2021

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 COVID-19 global pandemic has resulted in major disruptions to economies and markets around the world. Financial markets have experienced extreme volatility and severe losses, negatively impacting global economic growth prospects. The duration of the COVID-19 outbreak and its effects cannot be determined with certainty and may exacerbate other political, social and economic risks.

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.

Technology Risk. The companies engaged in the information technology sector are subject to fierce competition, high research and development costs, and their products and services may be subject to rapid obsolescence. Technology company stocks, especially those which are Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their operating performance.

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.

Fund Cusip Information
30316G142 (Cash)
30316G159 (Reinvest)
30316G167 (Cash-Fee)
30316G175 (Reinvest-Fee)
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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)
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