FJHWHX Dividend & Income Select Closed-End Portfolio
The Trust seeks above-average total return through a combination of capital appreciation and dividend income.
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 dividend paying securities.
When it comes to investing for income, investors have several choices. Even with all the options, there are those investors who do not want to give up the growth potential offered by stocks in order to earn a high rate of current income. The Trust has been developed to address this need. The Trust is a unit investment trust that is comprised of a pool of closed-end funds which invest in dividend-paying common stocks and preferred securities.