FAGGFX

About FAGGFX

FT 11371 FT Income Portfolio Series 24 is a unit investment trust designed to provide investors with a combination of monthly income and capital appreciation. This portfolio primarily achieves its objectives by investing in a diversified array of exchange-traded funds managed by First Trust. The selection encompasses both equity and fixed income ETFs, enabling the trust to capture dynamics across various asset classes and respond to changing market environments. The portfolio’s structure—regulated as an investment company—aims to optimize the balance between income generation and growth potential. Investors in the trust receive distributions on a monthly basis, reflecting income collected from its underlying ETF holdings. The trust has a defined lifespan, with a specified end date, ensuring transparency regarding its investment horizon and payout schedule. FT Income Portfolio Series 24 serves as a vehicle for those seeking a diversified, multi-asset approach to income, without direct exposure to individual stocks or bonds. It plays a notable role in the financial market by offering access to professional asset allocation and regular cash flow through a single investment product, catering especially to income-seeking and risk-conscious investors.