FODRAX Municipal Income Select, Closed-End Portfolio

Objective

The Trust seeks monthly income that is exempt from federal income taxes by investing in a well-diversified pool of closed-end funds that invest in municipal bonds. There can be no guarantee that the objective of the Trust will be achieved.

Strategy Description

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 tax-exempt municipal bonds.

Summary Data

Label Value
Symbol FODRAX
Status
Sponsor
Series Series 110
Asset Class
Investment Strategy/Goal
Investment Type/Style