FCOIGX

About FCOIGX

First Trust 639 Corporate Investment Grade Portfolio is a fixed portfolio investment trust primarily composed of corporate bonds rated within the four highest categories by major rating agencies such as Standard & Poor’s. Designed with the goal of generating regular interest income and preserving capital, this portfolio features a diversified allocation of investment-grade debt from multiple well-established issuers. The portfolio typically consists of a limited number of holdings, each selected for its credit quality and maturity profile, providing investors with exposure to the credit markets through a professionally curated, transparent structure. This investment product is particularly relevant for those seeking steady income streams and aiming to mitigate default risk by focusing on higher-rated corporate issuers. Its relevance in the financial market lies in offering an alternative to individual bond selection, helping investors partake in a broad investment-grade bond strategy with ease and efficient diversification, while limiting exposure to speculative-grade credit instruments and minimizing idiosyncratic issuer risk.