FECUVX Income Allocation Closed-End Portfolio
The Trust seeks high current monthly income, with capital appreciation as a secondary objective. However, there is no guarantee the trust will achieve its objective.
Under normal circumstances, the Trust will invest at least 80% of its assets in closed-end funds.
The Multi-Sector Approach.
The Trust is designed to enable investors who are seeking a high rate of current monthly income to reduce some of the volatility typically associated with high-income investments. To accomplish this, the portfolio is diversified across a broad range of closed-end funds. Because different sectors follow different cycles and react differently to changes in global economies and interest rates, spreading assets across this spectrum of securities has the potential to reduce the overall risk of the portfolio.
|Series||1st Quarter 2020|