FIOOBX Dividend Growers and Tax-Advantaged Income Portfolio


The Trust seeks current monthly income and capital appreciation.

Strategy Description

Under normal circumstances, the Trust will invest at least 80% of its assets in dividend paying securities and municipal securities. The income from the municipal securities is exempt from federal income tax.

Investors who are looking for income while still retaining growth potential have limited alternatives. The Trust seeks to address this challenge by providing exposure to tax-exempt municipal bonds as well as companies with a history of dividend growth and the potential to increase their dividends over time. To gain this exposure, the portfolio invests in a combination of common stocks, closed-end funds and exchange-traded funds. Because stocks and bonds may react differently to changes in the economy and interest rates, diversifying assets in this manner has the potential to reduce the overall volatility of the portfolio.

Summary Data

Label Value
Series Series 21
Asset Class
Investment Strategy/Goal
Investment Type/Style