FPQHMX Equity Closed-End Portfolio
The Trust seeks high current income, with total return as a secondary objective by investing in a well diversified pool of closed-end funds that invest in dividend-paying equity securities. There can be no guarantee that the objectives of the Trust will be achieved.
Under normal circumstances, the Trust will invest at least 80% of its assets in closed-end funds which invest at least 80% of their assets in equity securities.
The Trust is a unit investment trust that is comprised of a pool of closed-end funds which invest in dividend-paying equity securities.