Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 

Sabrient Dividend, 22  Ticker: FRNUTX
 
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.
 
Summary
Product Code: SBDV22
Portfolio Status: Secondary
Initial Offer Date: 02/02/2018
Secondary Date: 04/27/2018
Portfolio Ending Date: 02/03/2020
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Historical 12-Month Distribution Rate of Trust Holdings:^ 4.94%
Initial Offer Price: $10.0000
NAV(*): $8.6223
POP(*): $8.8208
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 12/14/2018 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.
^There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical distribution rate of the securities included in the trust is for illustrative purposes only and is not indicative of the trust's distribution rate. The historical distribution rate is the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio and is reduced to account for the effects of fees and expenses which will be incurred when investing in a trust. The distribution 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 2.47%
Consumer Discretionary  Consumer Discretionary 5.16%
Consumer Staples  Consumer Staples 5.08%
Energy  Energy 17.28%
Financials  Financials 21.09%
Health Care  Health Care 1.71%
Industrials  Industrials 1.69%
Information Technology  Information Technology 5.28%
Materials  Materials 4.96%
Real Estate  Real Estate 26.48%
Utilities  Utilities 8.65%
Other  Other 0.15%
 
  Large Mid Small  
Growth  12.19% 12.07% 12.79%  
Value  20.51% 18.58% 23.71%  

 Style Weighting
Large-Cap Growth 12.19%
Large-Cap Value 20.51%
Mid-Cap Growth 12.07%
Mid-Cap Value 18.58%
Small-Cap Growth 12.79%
Small-Cap Value 23.71%
Undetermined 0.15%
 Composition
U.S. Stocks 88.00%   Other 0.15%
Non-U.S. Stocks 11.85%      
The style and sector characteristics of the portfolio are determined as of 12/14/2018 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $42,408.82
Weighted Average Price/Earnings 11.95
Weighted Average Price/Book 1.73
As of 12/13/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 The AES Corporation AES Utilities  Utilities Mid-Cap Growth 3.25%
 CareTrust REIT, Inc. CTRE Real Estate  Real Estate Small-Cap Growth 3.13%
 Virtu Financial, Inc. (Class A) VIRT Financials  Financials Mid-Cap Value 3.03%
 Exelon Corporation EXC Utilities  Utilities Large-Cap Value 2.92%
 CubeSmart CUBE Real Estate  Real Estate Mid-Cap Growth 2.74%
 Simon Property Group, Inc. SPG Real Estate  Real Estate Large-Cap Growth 2.71%
 HollyFrontier Corporation HFC Energy  Energy Mid-Cap Value 2.65%
 South Jersey Industries, Inc. SJI Utilities  Utilities Small-Cap Growth 2.48%
 Sabra Health Care REIT, Inc. SBRA Real Estate  Real Estate Small-Cap Value 2.48%
 Verizon Communications Inc. VZ Communication Services  Communication Services Large-Cap Growth 2.47%
 Chesapeake Lodging Trust CHSP Real Estate  Real Estate Small-Cap Value 2.43%
 MGM Growth Properties LLC (Class A) MGP Real Estate  Real Estate Mid-Cap Value 2.43%
 Iron Mountain Incorporated IRM Real Estate  Real Estate Mid-Cap Growth 2.38%
 ONEOK, Inc. OKE Energy  Energy Large-Cap Value 2.37%
 Weingarten Realty Investors WRI Real Estate  Real Estate Mid-Cap Value 2.34%
 MFA Financial, Inc. MFA Financials  Financials Small-Cap Value 2.30%
 Tanger Factory Outlet Centers, Inc. SKT Real Estate  Real Estate Small-Cap Growth 2.30%
 Main Street Capital Corporation MAIN Financials  Financials Small-Cap Value 2.30%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 2.13%
 New Residential Investment Corp. NRZ Financials  Financials Mid-Cap Value 2.13%
 BP Plc (ADR) BP Energy  Energy Large-Cap Value 2.10%
 Hercules Capital, Inc. HTGC Financials  Financials Small-Cap Value 2.06%
 Marathon Petroleum Corporation MPC Energy  Energy Large-Cap Value 2.05%
 Six Flags Entertainment Corporation SIX Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 2.03%
 Phillips 66 PSX Energy  Energy Large-Cap Value 2.02%
 OUTFRONT Media Inc. OUT Real Estate  Real Estate Small-Cap Growth 2.02%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 2.00%
 Royal Dutch Shell Plc (Class B) (ADR) RDS/B Energy  Energy Large-Cap Value 1.96%
 Park National Corporation PRK Financials  Financials Small-Cap Value 1.89%
 Mercer International Inc. MERC Materials  Materials Small-Cap Value 1.88%
 Philip Morris International Inc. PM Consumer Staples  Consumer Staples Large-Cap Growth 1.87%
 Xperi Corporation XPER Information Technology  Information Technology Small-Cap Value 1.87%
 People's United Financial, Inc. PBCT Financials  Financials Mid-Cap Value 1.81%
 Domtar Corporation UFS Materials  Materials Small-Cap Value 1.80%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Growth 1.77%
 Cypress Semiconductor Corporation CY Information Technology  Information Technology Mid-Cap Value 1.74%
 Valley National Bancorp VLY Financials  Financials Small-Cap Value 1.73%
 AbbVie Inc. ABBV Health Care  Health Care Large-Cap Growth 1.71%
 Aircastle Limited AYR Industrials  Industrials Small-Cap Value 1.69%
 Seagate Technology Plc STX Information Technology  Information Technology Mid-Cap Growth 1.67%
 Las Vegas Sands Corp. LVS Consumer Discretionary  Consumer Discretionary Large-Cap Growth 1.66%
 Weyerhaeuser Company WY Real Estate  Real Estate Large-Cap Value 1.52%
 Tupperware Brands Corporation TUP Consumer Discretionary  Consumer Discretionary Small-Cap Growth 1.47%
 Anheuser-Busch InBev S.A./N.V. (ADR) BUD Consumer Staples  Consumer Staples Large-Cap Value 1.44%
 Artisan Partners Asset Management Inc. APAM Financials  Financials Small-Cap Growth 1.39%
 Annaly Capital Management, Inc. NLY Financials  Financials Mid-Cap Value 1.34%
 Olin Corporation OLN Materials  Materials Small-Cap Value 1.28%
 Invesco Ltd. IVZ Financials  Financials Mid-Cap Value 1.11%
 
Total Number of Holdings:    48
Underlying Securities information represented above is as of 12/14/2018 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.

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.

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.

Foreign Securities Risk. An investment in securities of foreign issuers should be made with an understanding of the additional risks involved, such as currency fluctuations, political risk, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

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.

Important Note. It is important to note that an investment can be made in the underlying funds directly rather than through the trust. These direct investments can be made without paying the trust's sales charge, operating expenses and organizational costs.

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 cyber security.

All data used for the sector and style classification comparisons is from Bloomberg Finance L.P, which we believe to be reliable, but do not take responsibility for its accuracy.

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 advisor 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
30306Y541 (Cash)
30306Y558 (Reinvest)
30306Y566 (Cash-Fee)
30306Y574 (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 and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2018 All rights reserved.