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Sabrient Dividend, 47  Ticker: FKQLFX
 
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: SBDV47
Portfolio Status: Primary
Initial Offer Date: 02/26/2024
Portfolio Ending Date: 02/26/2026
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.9824
POP(*): $10.2133
Remaining Deferred Sales Charge: $0.2250
* As of Trade Date: 04/22/2024 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 (as of 4/22/2024) Per Unit (as of 4/22/2024)
3.83% $0.39090
^ 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 3.61%
Consumer Discretionary  Consumer Discretionary 13.28%
Consumer Staples  Consumer Staples 8.33%
Energy  Energy 10.71%
Financials  Financials 26.46%
Health Care  Health Care 5.49%
Industrials  Industrials 2.11%
Information Technology  Information Technology 11.13%
Materials  Materials 2.68%
Real Estate  Real Estate 5.78%
Utilities  Utilities 10.29%
Other  Other 0.13%
 
  Large Mid Small  
Growth  12.34% 12.12% 12.05%  
Value  20.04% 27.47% 15.85%  

 Style Weighting
Large-Cap Growth 12.34%
Large-Cap Value 20.04%
Mid-Cap Growth 12.12%
Mid-Cap Value 27.47%
Small-Cap Growth 12.05%
Small-Cap Value 15.85%
Undetermined 0.13%
 Composition
U.S. Stocks 84.26%   Other 0.13%
Non-U.S. Stocks 15.61%      
The style and sector characteristics of the portfolio are determined as of 04/22/2024 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $36,608
Price/Earnings 17.03
Price/Book 1.79
As of 4/22/2024
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Southern Copper Corporation SCCO Materials  Materials Large-Cap Growth 2.68%
 Victory Capital Holdings, Inc. (Class A) VCTR Financials  Financials Small-Cap Growth 2.54%
 Canadian Natural Resources Limited CNQ Energy  Energy Large-Cap Value 2.32%
 Levi Strauss & Co. (Class A) LEVI Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.30%
 Ovintiv Inc. OVV Energy  Energy Mid-Cap Value 2.22%
 Tyson Foods, Inc. (Class A) TSN Consumer Staples  Consumer Staples Mid-Cap Value 2.20%
 National Fuel Gas Company NFG Utilities  Utilities Small-Cap Value 2.16%
 Ally Financial Inc. ALLY Financials  Financials Mid-Cap Value 2.16%
 Target Corporation TGT Consumer Staples  Consumer Staples Large-Cap Growth 2.15%
 Citigroup Inc. C Financials  Financials Large-Cap Value 2.15%
 Baker Hughes Company (Class A) BKR Energy  Energy Large-Cap Value 2.14%
 The Southern Company SO Utilities  Utilities Large-Cap Value 2.12%
 The Wendy's Company WEN Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.12%
 Trinity Industries, Inc. TRN Industrials  Industrials Small-Cap Growth 2.11%
 Innovative Industrial Properties, Inc. IIPR Real Estate  Real Estate Small-Cap Value 2.11%
 Campbell Soup Company CPB Consumer Staples  Consumer Staples Mid-Cap Growth 2.10%
 The AES Corporation AES Utilities  Utilities Mid-Cap Growth 2.06%
 MetLife, Inc. MET Financials  Financials Large-Cap Value 2.05%
 DHT Holdings, Inc. DHT Energy  Energy Small-Cap Value 2.05%
 Lincoln National Corporation LNC Financials  Financials Small-Cap Value 2.04%
 KeyCorp KEY Financials  Financials Mid-Cap Value 2.02%
 PPL Corporation PPL Utilities  Utilities Mid-Cap Value 2.01%
 Principal Financial Group, Inc. PFG Financials  Financials Mid-Cap Value 2.00%
 Pembina Pipeline Corporation PBA Energy  Energy Mid-Cap Value 1.98%
 CNA Financial Corporation CNA Financials  Financials Mid-Cap Value 1.97%
 Provident Financial Services, Inc. PFS Financials  Financials Small-Cap Value 1.96%
 Fidelity National Financial, Inc. FNF Financials  Financials Mid-Cap Value 1.94%
 Fortis Inc. FTS Utilities  Utilities Mid-Cap Value 1.94%
 International Business Machines Corporation IBM Information Technology  Information Technology Large-Cap Growth 1.93%
 Best Buy Co., Inc. BBY Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 1.93%
 Merck & Co., Inc. MRK Health Care  Health Care Large-Cap Growth 1.92%
 Southside Bancshares, Inc. SBSI Financials  Financials Small-Cap Value 1.92%
 Corning Incorporated GLW Information Technology  Information Technology Large-Cap Value 1.91%
 Seagate Technology Holdings Plc STX Information Technology  Information Technology Mid-Cap Growth 1.91%
 Reynolds Consumer Products Inc. REYN Consumer Staples  Consumer Staples Mid-Cap Value 1.88%
 Verizon Communications Inc. VZ Communication Services  Communication Services Large-Cap Value 1.86%
 Ellington Financial Inc. EFC Financials  Financials Small-Cap Value 1.86%
 Sun Life Financial Inc. SLF Financials  Financials Large-Cap Value 1.85%
 VICI Properties Inc. VICI Real Estate  Real Estate Large-Cap Value 1.84%
 Starbucks Corporation SBUX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.83%
 Simon Property Group, Inc. SPG Real Estate  Real Estate Large-Cap Growth 1.83%
 Gen Digital Inc. GEN Information Technology  Information Technology Mid-Cap Growth 1.82%
 Open Text Corporation OTEX Information Technology  Information Technology Mid-Cap Value 1.81%
 Gilead Sciences, Inc. GILD Health Care  Health Care Large-Cap Value 1.80%
 Patterson Companies, Inc. PDCO Health Care  Health Care Small-Cap Growth 1.77%
 Steven Madden, Ltd. SHOO Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.76%
 LCI Industries LCII Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.75%
 TELUS Corporation TU Communication Services  Communication Services Mid-Cap Value 1.75%
 Xerox Holdings Corporation XRX Information Technology  Information Technology Small-Cap Value 1.75%
 Thor Industries, Inc. THO Consumer Discretionary  Consumer Discretionary Mid-Cap Value 1.59%
 
Total Number of Holdings:    50
Underlying Securities information represented above is as of 04/22/2024 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.06%
  Deferred:  2.20%
C&D Fee:    0.49%
Maximum Sales Charge:   2.75%
CUSIP Type Distribution
30334U644 Cash Monthly
30334U651 Reinvest Monthly
* Based on the offer price as of 04/22/2024 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.50%
Maximum Sales Charge:   0.50%
CUSIP Type Distribution
30334U669 Cash-Fee Monthly
30334U677 Reinvest-Fee Monthly
* Based on the NAV price as of 04/22/2024 4:00pm ET
In addition to the sales charges listed, UITs for both brokerage and advisory accounts are subject to annual operating expenses and organization costs. See the prospectus for additional information.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 June 20, 2024
$0.07500 July 19, 2024
$0.07500 August 20, 2024

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.

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 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.

Energy Risk. The companies engaged in the energy sector are subject to certain risks, including price and supply fluctuations caused by international politics, energy conservation, taxes, price controls, and other regulatory policies of various governments. Falling oil and gas prices may negatively impact the profitability and business prospects of certain energy companies.

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. 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 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.

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

Fund Cusip Information
30334U644 (Cash)
30334U651 (Reinvest)
30334U669 (Cash-Fee)
30334U677 (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.
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