FDMIAX

About FDMIAX

First Trust Combined Series 569: Tax Exempt Municipal Income Trust - Series 300 Fund is a unit investment trust designed to provide investors with income that is exempt from federal and, where applicable, state and local income taxes. The fund primarily invests in a diversified portfolio of investment grade municipal bonds, which are typically issued by state and local governments or their agencies to finance public projects such as schools, infrastructure, and transportation. By focusing on tax-exempt securities, the fund aims to offer an income stream that may appeal to individuals seeking to maximize after-tax returns while preserving capital. This trust is structured with a fixed portfolio, meaning the underlying bond holdings generally remain static throughout its specified life, distinguishing it from actively managed funds. In the broader market context, the fund provides access to municipal credit exposure and serves an important role for investors looking to diversify fixed income holdings while benefiting from potential tax advantages associated with municipal securities.