Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 

Sabrient Small Cap Growth, 37  Ticker: FIQUKX
 
Description
This unit investment trust seeks above-average capital appreciation by investing in top-ranked small-cap stocks (at the time of their selection) that Sabrient believes are positioned to perform well in the coming year.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: SBSC37
Portfolio Status: Secondary
Initial Offer Date: 02/10/2023
Secondary Date: 05/08/2023
Portfolio Ending Date: 05/10/2024
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $9.5577
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 02/27/2024 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 2/26/2024)
----- $0.10780
^ 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. 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. 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 2.64%
Consumer Discretionary  Consumer Discretionary 15.37%
Consumer Staples  Consumer Staples 4.91%
Energy  Energy 14.01%
Financials  Financials 18.86%
Health Care  Health Care 12.80%
Industrials  Industrials 13.18%
Information Technology  Information Technology 13.27%
Materials  Materials 4.87%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.09%
 
  Large Mid Small  
Growth  0.00% 0.00% 50.68%  
Value  0.00% 10.23% 39.00%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 0.00%
Mid-Cap Value 10.23%
Small-Cap Growth 50.68%
Small-Cap Value 39.00%
Undetermined 0.09%
 Composition
U.S. Stocks 76.67%   Other 0.09%
Non-U.S. Stocks 23.24%      
The style and sector characteristics of the portfolio are determined as of 02/26/2024 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Price/Earnings 13.99
As of 2/26/2024
All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Celestica Inc. CLS Information Technology  Information Technology Mid-Cap Value 7.79%
 Palomar Holdings, Inc. PLMR Financials  Financials Small-Cap Growth 3.71%
 Dave & Buster's Entertainment, Inc. PLAY Consumer Discretionary  Consumer Discretionary Small-Cap Growth 3.56%
 Arcos Dorados Holdings Inc. (Class A) ARCO Consumer Discretionary  Consumer Discretionary Small-Cap Growth 3.53%
 Collegium Pharmaceutical, Inc. COLL Health Care  Health Care Small-Cap Growth 3.39%
 Scorpio Tankers Inc. STNG Energy  Energy Small-Cap Value 2.94%
 Lantheus Holdings, Inc. LNTH Health Care  Health Care Small-Cap Growth 2.86%
 Cal-Maine Foods, Inc. CALM Consumer Staples  Consumer Staples Small-Cap Value 2.71%
 H&E Equipment Services, Inc. HEES Industrials  Industrials Small-Cap Growth 2.71%
 Copa Holdings, S.A. CPA Industrials  Industrials Small-Cap Growth 2.69%
 TripAdvisor, Inc. TRIP Communication Services  Communication Services Small-Cap Growth 2.64%
 Oceaneering International, Inc. OII Energy  Energy Small-Cap Growth 2.61%
 Hudbay Minerals Inc. HBM Materials  Materials Small-Cap Value 2.59%
 Preferred Bank PFBC Financials  Financials Small-Cap Value 2.45%
 Select Medical Holdings Corporation SEM Health Care  Health Care Small-Cap Growth 2.45%
 Patterson-UTI Energy, Inc. PTEN Energy  Energy Mid-Cap Value 2.44%
 The Cheesecake Factory Incorporated CAKE Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.32%
 U.S. Silica Holdings, Inc. SLCA Energy  Energy Small-Cap Value 2.31%
 Ecovyst Inc. ECVT Materials  Materials Small-Cap Value 2.28%
 Certara, Inc. CERT Health Care  Health Care Small-Cap Growth 2.27%
 Trinity Industries, Inc. TRN Industrials  Industrials Small-Cap Growth 2.22%
 Oxford Industries, Inc. OXM Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.22%
 Calavo Growers, Inc. CVGW Consumer Staples  Consumer Staples Small-Cap Growth 2.20%
 MRC Global Inc. MRC Industrials  Industrials Small-Cap Growth 2.19%
 Everbridge, Inc. EVBG Information Technology  Information Technology Small-Cap Growth 2.11%
 WSFS Financial Corporation WSFS Financials  Financials Small-Cap Value 2.07%
 Brighthouse Financial, Inc. BHF Financials  Financials Small-Cap Value 2.00%
 ProPetro Holding Corp. PUMP Energy  Energy Small-Cap Value 1.95%
 Adient Plc ADNT Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.94%
 Carter Bankshares, Inc. CARE Financials  Financials Small-Cap Value 1.89%
 Amerant Bancorp Inc. AMTB Financials  Financials Small-Cap Value 1.85%
 Pacira BioSciences, Inc. PCRX Health Care  Health Care Small-Cap Value 1.83%
 American Axle & Manufacturing Holdings, Inc. AXL Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.80%
 Talos Energy Inc. TALO Energy  Energy Small-Cap Value 1.76%
 Endava Plc (ADR) DAVA Information Technology  Information Technology Small-Cap Growth 1.76%
 Aris Water Solution, Inc. (Class A) ARIS Industrials  Industrials Small-Cap Value 1.74%
 Heritage Commerce Corp HTBK Financials  Financials Small-Cap Value 1.66%
 TriCo Bancshares TCBK Financials  Financials Small-Cap Value 1.63%
 Array Technologies, Inc. ARRY Industrials  Industrials Small-Cap Growth 1.63%
 Extreme Networks, Inc. EXTR Information Technology  Information Technology Small-Cap Growth 1.61%
 KKR Real Estate Finance Trust Inc. KREF Financials  Financials Small-Cap Value 1.60%
 
Total Number of Holdings:    41
Underlying Securities information represented above is as of 02/26/2024 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.

COVID-19 Economic Impact Risk. The ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed, there is no guarantee that vaccines will be effective against future 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.

Market Disruption Risk. Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, the Middle East 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 Risk. An investment in a portfolio containing small-cap companies is subject to additional risks, as the share prices of small-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.

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.

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, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30330M588 (Cash)
30330M596 (Reinvest)
30330M604 (Cash-Fee)
30330M612 (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.
Follow First Trust:  
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 © 2024 All rights reserved.