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Sabrient Dividend, 40  Ticker: FDSPJX
 
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: SBDV40
Portfolio Status: Primary
Initial Offer Date: 06/15/2022
Portfolio Ending Date: 06/14/2024
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.0392
POP(*): $10.2717
Remaining Deferred Sales Charge: $0.2250
* As of Trade Date: 08/05/2022 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 8/5/2022) Per Unit (as of 8/5/2022)
4.05% $0.41630
^ 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. 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 2.05%
Consumer Discretionary  Consumer Discretionary 4.33%
Consumer Staples  Consumer Staples 6.39%
Energy  Energy 14.80%
Financials  Financials 22.82%
Health Care  Health Care 2.10%
Industrials  Industrials 10.33%
Information Technology  Information Technology 8.50%
Materials  Materials 1.49%
Real Estate  Real Estate 20.58%
Utilities  Utilities 4.32%
Other  Other 2.29%
 
  Large Mid Small  
Growth  14.67% 6.76% 11.51%  
Value  23.72% 16.76% 24.29%  

 Style Weighting
Large-Cap Growth 14.67%
Large-Cap Value 23.72%
Mid-Cap Growth 6.76%
Mid-Cap Value 16.76%
Small-Cap Growth 11.51%
Small-Cap Value 24.29%
Undetermined 2.29%
 Composition
U.S. Stocks 87.13%   Other 0.31%
Non-U.S. Stocks 12.56%      
The style and sector characteristics of the portfolio are determined as of 08/05/2022 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $42,064.93
Price/Earnings 12.38
Price/Book 1.71
As of 8/5/2022
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 CareTrust REIT, Inc. CTRE Real Estate  Real Estate Small-Cap Growth 2.63%
 LTC Properties, Inc. LTC Real Estate  Real Estate Small-Cap Growth 2.43%
 Gaming and Leisure Properties, Inc. GLPI Real Estate  Real Estate Mid-Cap Growth 2.43%
 Realty Income Corporation O Real Estate  Real Estate Large-Cap Value 2.42%
 Ladder Capital Corp (Class A) LADR Financials  Financials Small-Cap Value 2.42%
 KKR Real Estate Finance Trust Inc. KREF Financials  Financials Small-Cap Value 2.37%
 The Macerich Company MAC Real Estate  Real Estate Small-Cap Value 2.33%
 First Commonwealth Financial Corporation FCF Financials  Financials Small-Cap Value 2.31%
 Trinity Industries, Inc. TRN Industrials  Industrials Small-Cap Growth 2.30%
 Heritage Commerce Corp HTBK Financials  Financials Small-Cap Value 2.30%
 Huntington Bancshares Incorporated HBAN Financials  Financials Mid-Cap Value 2.29%
 OceanFirst Financial Corp. OCFC Financials  Financials Small-Cap Value 2.29%
 F.N.B. Corporation FNB Financials  Financials Small-Cap Value 2.29%
 Simon Property Group, Inc. SPG Real Estate  Real Estate Large-Cap Growth 2.28%
 PACCAR Inc PCAR Industrials  Industrials Large-Cap Value 2.26%
 Conagra Brands, Inc. CAG Consumer Staples  Consumer Staples Mid-Cap Value 2.25%
 M.D.C. Holdings, Inc. MDC Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.24%
 Manulife Financial Corporation MFC Financials  Financials Large-Cap Value 2.24%
 Seagate Technology Holdings Plc STX Information Technology  Information Technology Mid-Cap Growth 2.24%
 Blackstone Inc. BX Financials  Financials Large-Cap Growth 2.22%
 Algonquin Power & Utilities Corp. AQN Utilities  Utilities Mid-Cap Value 2.22%
 Medical Properties Trust, Inc. MPW Real Estate  Real Estate Mid-Cap Value 2.21%
 Broadcom Inc. AVGO Information Technology  Information Technology Large-Cap Growth 2.18%
 SpartanNash Company SPTN Consumer Staples  Consumer Staples Small-Cap Value 2.15%
 The RMR Group Inc. (Class A) RMR Real Estate  Real Estate Small-Cap Growth 2.15%
 UGI Corporation UGI Utilities  Utilities Mid-Cap Value 2.10%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 2.10%
 Fifth Third Bancorp FITB Financials  Financials Large-Cap Value 2.09%
 V.F. Corporation VFC Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.09%
 Juniper Networks, Inc. JNPR Information Technology  Information Technology Mid-Cap Value 2.06%
 TELUS Corporation TU Communication Services  Communication Services Large-Cap Value 2.05%
 Kinder Morgan, Inc. KMI Energy  Energy Large-Cap Value 2.03%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Growth 2.02%
 ONEOK, Inc. OKE Energy  Energy Large-Cap Value 2.01%
 Allison Transmission Holdings, Inc. ALSN Industrials  Industrials Small-Cap Growth 2.00%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Growth 1.99%
 Enlink Midstream, LLC ENLC Undetermined 1.98%
 Pembina Pipeline Corporation PBA Energy  Energy Mid-Cap Value 1.92%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 1.91%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 1.90%
 Costamare Inc. CMRE Industrials  Industrials Small-Cap Value 1.89%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Growth 1.88%
 Diamondback Energy, Inc. FANG Energy  Energy Mid-Cap Value 1.71%
 Innovative Industrial Properties, Inc. IIPR Real Estate  Real Estate Small-Cap Value 1.70%
 Devon Energy Corporation DVN Energy  Energy Large-Cap Value 1.66%
 Valero Energy Corporation VLO Energy  Energy Large-Cap Value 1.66%
 Newmont Corporation NEM Materials  Materials Large-Cap Value 1.49%
 
Total Number of Holdings:    47
Underlying Securities information represented above is as of 08/05/2022 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.07%
  Deferred:  2.19%
C&D Fee:    0.49%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30326Y745 Cash Monthly
30326Y752 Reinvest Monthly
* Based on the offer price as of 08/05/2022 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.50%
Maximum Sales Charge:   0.50%
CUSIP Type Distribution
30326Y760 Cash-Fee Monthly
30326Y778 Reinvest-Fee Monthly
* Based on the NAV price as of 08/05/2022 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 September 20, 2022
$0.07500 October 20, 2022
$0.07500 November 18, 2022

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. Approximately one year after the United Kingdom officially departed the European Union (commonly referred to as "Brexit"), the United Kingdom and the European Union reached a trade agreement that became effective on December 31, 2020. It is not currently possible to determine the extent of the impact the Brexit trade agreement may have on the portfolio's investments and this uncertainty could negatively impact current and future economic conditions in the United Kingdom and other countries, which could negatively impact the value of the portfolio's investments.

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.

COVID-19 Economic Impact Risk. The COVID-19 global pandemic has caused and may continue to cause significant volatility and declines in global financial markets. While the U.S. has resumed "reasonably" normal business activity, many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

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

Market Disruption Risk. In February 2022, Russia invaded Ukraine which has caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance.

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.

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.

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

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.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2022 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30326Y745 (Cash)
30326Y752 (Reinvest)
30326Y760 (Cash-Fee)
30326Y778 (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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