FFPNJX Strategic Income Advantage Opportunity, Closed-End Portfolio

Objective

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.

Strategy Description

Under normal circumstances, the Trust will invest at least 80% of its assets in closed-end funds.

The Trust seeks to provide a high rate of current monthly income and 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 that invest in U.S. and foreign common stocks and taxable bonds.

Summary Data

Label Value
Symbol FFPNJX
Status
Sponsor
Series Series 18
Asset Class
Investment Strategy/Goal
Investment Type/Style