FBIVHX

About FBIVHX

First Trust Combined Series 565: Investment Grade Multi-Asset Portfolio is a unit investment trust designed to provide diversified exposure to investment‑grade income assets over a defined term. The portfolio typically blends high‑quality fixed income—such as U.S. investment‑grade corporate bonds, asset‑backed and mortgage‑backed securities, and government or agency issues—with select income‑oriented equities or preferreds to balance cash flow and credit quality. According to sponsor materials and fund listings, the strategy references broad U.S. investment‑grade benchmarks for context and is organized as a medium‑term series with a specified life, aligning distributions and principal return with a set termination date. Within the market, this series functions as a packaged solution for investors seeking transparent, rules‑based allocation, daily pricing, and a fixed maturity common to unit investment trusts, rather than the perpetual structure of open‑end funds. Its role is to aggregate diversified, investment‑grade income streams into a single vehicle, emphasizing credit quality, defined timeline, and systematic selection governed by First Trust’s UIT framework.