Sabrient Defensive Equities Series
Sponsored by First Trust Portfolios, L.P.
Portfolio Name Ticker Initial Offer Date Company Literature Termination Date
Defensive Equity, 11 (Primary) FSEORX 03/08/17 06/08/18
Defensive Equity, 10 FBQNVX 12/09/16 03/09/18
Defensive Equity, 9 FLPERX 09/12/16 -- 12-12-17
Defensive Equity, 8 FRMDGX 06/15/16 -- 09/15/17
Defensive Equity, 7 FJAILX 03/21/16 -- 06/21/17
Defensive Equity, 6 FMOBIX 12/23/15 -- 03/23/17
Terminated
Defensive Equity, 1 FCJWBX 10/01/14 Terminated January 4, 2016 1
Defensive Equity, 2 FGEIFX 12/30/14 Terminated March 30, 2016 2
Defensive Equity, 3 FABESX 03/30/15 Terminated June 30, 2016 3
Defensive Equity, 4 FEATWX 06/29/15 Terminated September 30, 2016 4
Defensive Equity, 5 FAFRSX 09/25/15 Terminated December 27, 2016 5

1  Initial Offer Price: $10.00. Termination Price: $8.9785.
Initial Offer Price: $10.00. Termination Price: $10.7554.
Initial Offer Price: $10.00. Termination Price: $8.4100.
Initial Offer Price: $10.00. Termination Price: $9.0250.
Initial Offer Price: $10.00. Termination Price: $10.0470.

For more information: Click the UIT name which will take you to the First Trust website or enter the symbol at the  First Trust website.

DESCRIPTION: The Sabrient Defensive Equity UIT Series seeks to find companies that Sabrient believes are positioned to perform well in environments of falling stock prices but give solid performance in rising markets.

The portfolio consists of approximately 50 stocks. selected by with a comprehensive strategy developed by Sabrient, which includes the Sabrient/Gradient Earnings Quality Rank ( EQR), our proprietary forensic accounting factor. EQR measures the aggressiveness of accounting for each company, and stocks that score in the bottom two deciles of this score are eliminated in an effort to avoid companies that could be overstating or even “creating” the reported growth.