FATIEX

About FATIEX

First Trust Combined Series 489: Investment Grade Multi-Asset Income Portfolio is a unit investment trust designed to offer investors exposure to a diversified mix of income-generating assets, all while maintaining an investment grade credit profile. The portfolio seeks to provide regular income by holding a selection of bonds and other fixed-income securities that range in maturity, typically spanning 10 to 20 years. Its holdings are carefully curated for credit quality, focusing predominantly on issuers that are rated investment grade, thereby aiming to balance yield with relative capital preservation. As a multi-asset strategy, the portfolio may blend investments across different sectors such as government, corporate, and mortgage-backed securities, depending on market opportunities and the trust’s mandate. This structure makes it relevant for investors seeking steady distributions, as evidenced by its scheduled dividend payments, and interested in broad-based exposure within a disciplined, limited-life framework. The portfolio’s defined term also means it is constructed as a buy-and-hold product, with transparent maturities and principal distribution at trust termination, distinguishing it from perpetual open-end funds. Its role is to deliver consistent, investment grade income within a single, accessible product.