Richard Bernstein Advisors Tactical Series, American Industrial Renaissance®, 2024-1
Ticker Symbol: FYKASX
The Richard Bernstein Advisors Tactical Series, American Industrial Renaissance® is a unit investment trust (UIT) which seeks above-average capital appreciation by investing in small and mid-cap
U.S. companies in the industrial and community banking sectors; however, there is no assurance the objective will be met. A UIT is an investment vehicle which consists of a professionally selected
unmanaged portfolio of securities which are held for a predetermined period of time. The value of the units of the trust will fluctuate each day with the value of the underlying securities; therefore it is
possible to lose money by investing in the trust.
42 Holdings (As of Day of Deposit) |
Ticker |
Company Name |
Initial
Weight |
Price* |
Financials |
ASB |
Associated Banc-Corp |
0.98% |
$21.87 |
FNB |
F.N.B. Corporation |
1.58% |
13.64 |
FCF |
First Commonwealth Financial Corporation |
0.95% |
13.59 |
FFBC |
First Financial Bancorp. |
0.97% |
23.08 |
FRME |
First Merchants Corporation |
0.89% |
34.39 |
FULT |
Fulton Financial Corporation |
0.83% |
16.97 |
LKFN |
Lakeland Financial Corporation |
0.54% |
61.29 |
ONB |
Old National Bancorp |
0.86% |
17.03 |
PRK |
Park National Corporation |
0.80% |
136.40 |
PEBO |
Peoples Bancorp Inc. |
0.50% |
30.00 |
WTFC |
Wintrust Financial Corporation |
1.12% |
100.06 |
Industrials |
AMRC |
Ameresco, Inc. |
1.79% |
21.45 |
ACA |
Arcosa, Inc. |
2.74% |
77.60 |
ARIS |
Aris Water Solution, Inc. |
0.72% |
14.22 |
ASTE |
Astec Industries, Inc. |
0.70% |
33.16 |
ATKR |
Atkore Inc. |
4.02% |
175.26 |
BLBD |
Blue Bird Corporation |
2.44% |
34.30 |
CLH |
Clean Harbors, Inc. |
3.87% |
205.55 |
FIX |
Comfort Systems USA, Inc. |
3.98% |
307.71 |
ROAD |
Construction Partners, Inc. |
3.77% |
51.31 |
PLOW |
Douglas Dynamics, Inc. |
1.15% |
23.33 |
DY |
Dycom Industries, Inc. |
3.96% |
140.13 |
EME |
EMCOR Group, Inc. |
3.98% |
356.29 |
FSS |
Federal Signal Corporation |
3.97% |
82.31 |
GVA |
Granite Construction Incorporated |
2.90% |
57.26 |
GBX |
The Greenbrier Companies, Inc. |
3.01% |
51.17 |
HUBB |
Hubbell Incorporated |
3.95% |
372.94 |
LMB |
Limbach Holdings, Inc. |
0.87% |
44.85 |
MTZ |
MasTec, Inc. |
3.96% |
91.00 |
MDU |
MDU Resources Group, Inc. |
3.97% |
25.08 |
MLI |
Mueller Industries, Inc. |
3.98% |
56.88 |
MWA |
Mueller Water Products, Inc. |
2.95% |
16.18 |
POWL |
Powell Industries, Inc. |
3.69% |
160.58 |
PRIM |
Primoris Services Corporation |
3.76% |
47.03 |
PRLB |
Proto Labs, Inc. |
0.68% |
31.14 |
RBC |
RBC Bearings Incorporated |
3.99% |
251.18 |
SHLS |
Shoals Technologies Group, Inc. |
3.75% |
8.73 |
SHYF |
The Shyft Group, Inc. |
0.51% |
12.39 |
SPXC |
SPX Technologies |
3.95% |
121.95 |
STRL |
Sterling Infrastructure Inc. |
3.97% |
100.65 |
TPC |
Tutor Perini Corporation |
1.01% |
17.39 |
WNC |
Wabash National Corporation |
1.99% |
22.89 |
*As of the close of business on 5/2/23.
Market values are for reference only and are not indicative of your individual
cost basis.
Not FDIC Insured Not Bank Guaranteed May Lose Value |
Portfolio Summary |
Initial Date of Deposit |
5/3/2024 |
Initial Public Offering Price |
$10.00 per Unit |
Portfolio Ending Date |
5/4/2026 |
Cash CUSIP |
30335M146 |
Reinvestment CUSIP |
30335M153 |
Fee Accounts Cash CUSIP |
30335M161 |
Fee Accounts Reinvestment CUSIP |
30335M179 |
Sales Charges (based on a $10 public offering
price) |
Standard Accounts |
Transactional Sales Charges |
Initial: |
0.00% |
|
Deferred: |
2.25% |
Creation & Development Fee (C&D Fee) |
|
0.50% |
Maximum Sales Charge |
|
2.75% |
Fee/Wrap Accounts |
Maximum Sales Charge |
|
0.50% |
The deferred sales charge will be deducted in three monthly installments commencing 8/20/24. When the
public offering price is less than or equal to $10.00 per unit, there will be no initial sales charge. If the price
exceeds $10.00 per unit, you will pay an initial sales charge. The maximum sales charge for investors in fee
accounts consists of the C&D fee. Investors in fee accounts are not assessed any transactional sales charges.
Standard accounts sales charges apply to units purchased as an ineligible asset. The C&D fee is a charge of
$0.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10.00 per
unit, the C&D fee will be less than 0.50%; if the price you pay is less than $10.00 per unit, the C&D fee will
exceed 0.50%. In addition to the sales charges listed, UITs are subject to annual operating expenses and
organization costs.
You should carefully consider the portfolio investment objective, 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 portfolio. Read it carefully
before you invest.
Risk Considerations
An investment in this unmanaged unit investment trust should be made with an understanding of the risks involved with owning common stocks, 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.
You should be aware that the portfolio is concentrated in stocks in the industrials sector making it subject to additional risks, including limited diversification. The companies engaged in the industrials sector are subject to certain risks, including a deterioration in the general state of the economy, intense competition, domestic and international politics, excess capacity and changing spending trends.
The trust also invests in companies in the financials sector. The companies
engaged in the financials sector are subject to the adverse effects of
volatile interest rates, economic recession, decreases in the availability of
capital, increased competition from new entrants in the field, and
potential increased regulation.
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.
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.
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.
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.
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.
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.