FOWZGX High-Yield Income Closed-End Portfolio
The Trust seeks a high rate of current monthly income, with capital appreciation as a secondary objective. 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 high-yield and/or income producing bonds.
The Trust is comprised of a well-diversified pool of closed-end funds that invest in U.S. and foreign high-yield bonds.