FIYHGX Core Three Closed-End Allocation Portfolio


The Trust seeks current monthly income, with capital appreciation as a secondary objective.

Strategy Description

Under normal circumstances, the Trust will invest at least 80% of its assets in closed-end funds.

The Trust is a professionally selected unit investment trust which seeks to provide diversification among federally tax-exempt municipal bond closed-end funds (“CEFs”), senior loan and limited duration CEFs, and domestic equity CEFs of which no individual sector will represent more than approximately 30%. The Sponsor believes that investing in municipal CEFs has the potential to provide a good balance when combined with both credit-sensitive funds and equity funds. Because different areas of the market follow different cycles and react differently to changes in global economies and interest rates, the Sponsor believes spreading assets across this spectrum of securities has the potential to reduce the overall risk of the portfolio.

Summary Data

Label Value
Series Series 43
Asset Class
Investment Strategy/Goal
Investment Type/Style