ADTGSX

About ADTGSX

Advisors Disciplined Trust 719 GNMA Advantage Income Portfolio Series 16 is a unit investment trust comprised primarily of mortgage-backed securities guaranteed by the Government National Mortgage Association (GNMA or Ginnie Mae). The primary function of this trust is to provide investors with current income by pooling together government-insured or guaranteed residential mortgage loans, which are then packaged into securities. Notably, these securities carry the full faith and credit of the United States government, leading to a default risk profile comparable to U.S. Treasuries, but typically offering higher yields. This portfolio focuses on sectors tied to the U.S. residential mortgage market and supports the liquidity and accessibility of government-backed loans, such as those from the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA). By investing in GNMA securities, the trust plays a key role in enabling homeownership for first-time buyers and lower-income borrowers, while giving investors a way to diversify their fixed income holdings and potentially buffer against equity market volatility. The trust is structured to pass through scheduled interest and principal payments monthly, enhancing transparency and income predictability for unitholders.