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Sabrient Small Cap Growth, 18  Ticker: FCRDLX
 
Description
This unit investment trust seeks above-average capital appreciation; however, there is no assurance the objective will be met.
 
Summary
Product Code: SBSC18
Portfolio Status: Secondary
Initial Offer Date: 04/04/2018
Secondary Date: 06/29/2018
Portfolio Ending Date: 07/05/2019
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Historical 12-Month Distribution Rate of Trust Holdings:^ 0.72%
Initial Offer Price: $10.0000
NAV(*): $7.3146
POP(*): $7.4147
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 6.53%
Consumer Discretionary  Consumer Discretionary 17.25%
Consumer Staples  Consumer Staples 2.43%
Energy  Energy 6.61%
Financials  Financials 22.36%
Health Care  Health Care 2.18%
Industrials  Industrials 21.81%
Information Technology  Information Technology 7.39%
Materials  Materials 10.36%
Real Estate  Real Estate 3.03%
Utilities  Utilities 0.00%
Other  Other 0.05%
 
  Large Mid Small  
Growth  0.00% 2.18% 27.31%  
Value  0.00% 0.00% 70.46%  

 Style Weighting
Large-Cap Growth 0.00%
Large-Cap Value 0.00%
Mid-Cap Growth 2.18%
Mid-Cap Value 0.00%
Small-Cap Growth 27.31%
Small-Cap Value 70.46%
Undetermined 0.05%
 Composition
U.S. Stocks 94.00%   Other 0.05%
Non-U.S. Stocks 5.95%      
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 $1,137.81
Weighted Average Price/Earnings 8.21
Weighted Average Price/Book 1.26
As of 12/14/2018
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 America's Car-Mart, Inc. CRMT Consumer Discretionary  Consumer Discretionary Small-Cap Growth 3.61%
 Gray Television, Inc. GTN Communication Services  Communication Services Small-Cap Value 3.61%
 Jernigan Capital, Inc. JCAP Real Estate  Real Estate Small-Cap Value 3.03%
 TEGNA Inc. TGNA Communication Services  Communication Services Small-Cap Growth 2.92%
 Granite Point Mortgage Trust Inc. GPMT Financials  Financials Small-Cap Value 2.85%
 ArcBest Corporation ARCB Industrials  Industrials Small-Cap Value 2.70%
 National General Holdings Corp. NGHC Financials  Financials Small-Cap Value 2.58%
 Allegheny Technologies Incorporated ATI Materials  Materials Small-Cap Value 2.53%
 Unit Corporation UNT Energy  Energy Small-Cap Value 2.47%
 The Andersons, Inc. ANDE Consumer Staples  Consumer Staples Small-Cap Value 2.43%
 Mercer International Inc. MERC Materials  Materials Small-Cap Value 2.35%
 Simmons First National Corporation SFNC Financials  Financials Small-Cap Value 2.27%
 Enova International, Inc. ENVA Financials  Financials Small-Cap Growth 2.27%
 Ryerson Holding Corporation RYI Materials  Materials Small-Cap Growth 2.25%
 Carbonite, Inc. CARB Information Technology  Information Technology Small-Cap Growth 2.22%
 FB Financial Corporation FBK Financials  Financials Small-Cap Value 2.19%
 Enterprise Financial Services Corp EFSC Financials  Financials Small-Cap Value 2.18%
 Amneal Pharmaceuticals, Inc. AMRX Health Care  Health Care Mid-Cap Growth 2.18%
 MasterCraft Boat Holdings Inc. MCFT Consumer Discretionary  Consumer Discretionary Small-Cap Growth 2.17%
 MRC Global Inc. MRC Industrials  Industrials Small-Cap Value 2.15%
 Xperi Corporation XPER Information Technology  Information Technology Small-Cap Value 2.15%
 Meritage Homes Corporation MTH Consumer Discretionary  Consumer Discretionary Small-Cap Value 2.14%
 Veritex Holdings, Inc. VBTX Financials  Financials Small-Cap Value 2.14%
 ServisFirst Bancshares, Inc. SFBS Financials  Financials Small-Cap Growth 2.12%
 Triumph Bancorp, Inc. TBK Financials  Financials Small-Cap Value 2.08%
 Veritiv Corporation VRTV Industrials  Industrials Small-Cap Value 2.05%
 Terex Corporation TEX Industrials  Industrials Small-Cap Growth 1.98%
 Granite Construction Incorporated GVA Industrials  Industrials Small-Cap Value 1.89%
 Taylor Morrison Home Corporation (Class A) TMHC Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.87%
 Echo Global Logistics, Inc. ECHO Industrials  Industrials Small-Cap Value 1.86%
 Saia, Inc. SAIA Industrials  Industrials Small-Cap Growth 1.82%
 KB Home KBH Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.80%
 Select Energy Services, Inc. (Class A) WTTR Energy  Energy Small-Cap Value 1.70%
 Virtus Investment Partners, Inc. VRTS Financials  Financials Small-Cap Value 1.68%
 SPX FLOW, Inc. FLOW Industrials  Industrials Small-Cap Value 1.65%
 Century Communities, Inc. CCS Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.58%
 TopBuild Corp. BLD Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.57%
 SMART Global Holdings, Inc. SGH Information Technology  Information Technology Small-Cap Growth 1.54%
 Textainer Group Holdings Limited TGH Industrials  Industrials Small-Cap Value 1.50%
 Extreme Networks, Inc. EXTR Information Technology  Information Technology Small-Cap Growth 1.48%
 Builders FirstSource, Inc. BLDR Industrials  Industrials Small-Cap Growth 1.48%
 NCI Building Systems, Inc. NCS Industrials  Industrials Small-Cap Growth 1.45%
 Winnebago Industries, Inc. WGO Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.43%
 Rayonier Advanced Materials Inc. RYAM Materials  Materials Small-Cap Value 1.42%
 Patrick Industries, Inc. PATK Industrials  Industrials Small-Cap Value 1.28%
 Century Aluminum Company CENX Materials  Materials Small-Cap Value 1.25%
 Smart Sand, Inc. SND Energy  Energy Small-Cap Value 1.25%
 Laredo Petroleum, Inc. LPI Energy  Energy Small-Cap Value 1.19%
 William Lyon Homes (Class A) WLH Consumer Discretionary  Consumer Discretionary Small-Cap Value 1.08%
 Venator Materials Plc VNTR Materials  Materials Small-Cap Value 0.56%
 
Total Number of Holdings:    50
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.

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.

IRA Risk. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

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.

Although the portfolio terminates in approximately one year, 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.

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
30307E726 (Cash)
30307E734 (Reinvest)
30307E742 (Cash-Fee)
30307E759 (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 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.
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