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Sabrient Small Cap Growth, 42  Ticker: FCVYCX
 
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: SBSC42
Portfolio Status: Primary
Initial Offer Date: 05/01/2024
Portfolio Ending Date: 08/01/2025
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.3786
POP(*): $10.5233
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 07/15/2024 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 7/15/2024) Per Unit (as of 7/15/2024)
1.67% $0.17590
^ 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 10.20%
Consumer Discretionary  Consumer Discretionary 11.74%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 13.53%
Financials  Financials 24.20%
Health Care  Health Care 7.02%
Industrials  Industrials 7.81%
Information Technology  Information Technology 15.12%
Materials  Materials 6.43%
Real Estate  Real Estate 1.78%
Utilities  Utilities 2.02%
Other  Other 0.15%
 
  Large Mid Small  
Growth  0.00% 5.05% 52.75%  
Value  0.00% 0.00% 42.05%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 5.05%
Mid-Cap Value 0.00%
Small-Cap Growth 52.75%
Small-Cap Value 42.05%
Undetermined 0.15%
 Composition
U.S. Stocks 81.32%   Other 0.15%
Non-U.S. Stocks 18.53%      
The style and sector characteristics of the portfolio are determined as of 07/15/2024 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $1,950
Price/Earnings 15.28
Price/Book 1.82
As of 7/12/2024
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Hims & Hers Health, Inc. HIMS Health Care  Health Care Small-Cap Growth 3.53%
 The Bancorp, Inc. TBBK Financials  Financials Small-Cap Growth 2.92%
 Paysafe Limited PSFE Financials  Financials Small-Cap Value 2.71%
 Xponential Fitness, Inc. (Class A) XPOF Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.69%
 Carpenter Technology Corporation CRS Materials  Materials Mid-Cap Growth 2.65%
 Arlo Technologies, Inc. ARLO Information Technology  Information Technology Small-Cap Growth 2.63%
 EverCommerce Inc. EVCM Information Technology  Information Technology Small-Cap Growth 2.50%
 Shift4 Payments, Inc. (Class A) FOUR Financials  Financials Mid-Cap Growth 2.40%
 Stagwell Inc. STGW Communication Services  Communication Services Small-Cap Growth 2.32%
 WisdomTree, Inc. WT Financials  Financials Small-Cap Growth 2.29%
 Knowles Corporation KN Information Technology  Information Technology Small-Cap Value 2.29%
 TEGNA Inc. TGNA Communication Services  Communication Services Small-Cap Value 2.20%
 Patrick Industries, Inc. PATK Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.20%
 Navigator Holdings Ltd. NVGS Energy  Energy Small-Cap Value 2.20%
 Enova International, Inc. ENVA Financials  Financials Small-Cap Value 2.18%
 The Cheesecake Factory Incorporated CAKE Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.17%
 GCM Grosvenor Inc. (Class A) GCMG Financials  Financials Small-Cap Growth 2.16%
 Catalyst Pharmaceuticals, Inc. CPRX Health Care  Health Care Small-Cap Growth 2.15%
 Scorpio Tankers Inc. STNG Energy  Energy Small-Cap Value 2.13%
 Silicon Motion Technology Corporation (ADR) SIMO Information Technology  Information Technology Small-Cap Growth 2.10%
 Integral Ad Science Holding Corp. IAS Communication Services  Communication Services Small-Cap Value 2.10%
 Skyward Specialty Insurance Group, Inc. SKWD Financials  Financials Small-Cap Growth 2.09%
 Franklin Covey Co. FC Industrials  Industrials Small-Cap Growth 2.07%
 VAALCO Energy, Inc. EGY Energy  Energy Small-Cap Value 2.07%
 Ellington Credit Company EARN Financials  Financials Small-Cap Value 2.06%
 First Internet Bancorp INBK Financials  Financials Small-Cap Value 2.06%
 RingCentral, Inc. (Class A) RNG Information Technology  Information Technology Small-Cap Growth 2.05%
 Portland General Electric Company POR Utilities  Utilities Small-Cap Value 2.02%
 Concrete Pumping Holdings, Inc. BBCP Industrials  Industrials Small-Cap Value 1.99%
 SFL Corp. Ltd. SFL Energy  Energy Small-Cap Value 1.92%
 Star Bulk Carriers Corp. SBLK Industrials  Industrials Small-Cap Value 1.91%
 Constellium SE (Class A) CSTM Materials  Materials Small-Cap Growth 1.90%
 Ramaco Resources, Inc. (Class A) METC Materials  Materials Small-Cap Growth 1.88%
 DHT Holdings, Inc. DHT Energy  Energy Small-Cap Value 1.87%
 Distribution Solutions Group, Inc. DSGR Industrials  Industrials Small-Cap Growth 1.84%
 Jamf Holding Corp. JAMF Information Technology  Information Technology Small-Cap Growth 1.81%
 Horace Mann Educators Corporation HMN Financials  Financials Small-Cap Value 1.79%
 Travelzoo TZOO Communication Services  Communication Services Small-Cap Growth 1.79%
 North American Construction Group Ltd. NOA Energy  Energy Small-Cap Value 1.79%
 Bumble Inc. (Class A) BMBL Communication Services  Communication Services Small-Cap Value 1.79%
 Park Hotels & Resorts Inc. PK Real Estate  Real Estate Small-Cap Value 1.78%
 Rapid7, Inc. RPD Information Technology  Information Technology Small-Cap Growth 1.74%
 Monro, Inc. MNRO Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.64%
 American Eagle Outfitters, Inc. AEO Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.62%
 Berry Petroleum Corporation BRY Energy  Energy Small-Cap Value 1.55%
 HCI Group, Inc. HCI Financials  Financials Small-Cap Growth 1.54%
 Dave & Buster's Entertainment, Inc. PLAY Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.42%
 Evolent Health, Inc. (Class A) EVH Health Care  Health Care Small-Cap Growth 1.34%
 
Total Number of Holdings:    48
Underlying Securities information represented above is as of 07/15/2024 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.09%
  Deferred:  1.28%
C&D Fee:    0.48%
Maximum Sales Charge:   1.85%
CUSIP Type Distribution
30335K785 Cash Semi-Annual
30335K793 Reinvest Semi-Annual
* Based on the offer price as of 07/15/2024 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.48%
Maximum Sales Charge:   0.48%
CUSIP Type Distribution
30335K801 Cash-Fee Semi-Annual
30335K819 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 07/15/2024 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
$0.04500 August 20, 2024
$0.04500 September 20, 2024
$0.04500 October 18, 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.

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
30335K785 (Cash)
30335K793 (Reinvest)
30335K801 (Cash-Fee)
30335K819 (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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