FECILX

About FECILX

First Trust Investment Grade Multi-Asset Income Fund is a unit investment trust designed to provide current income and capital preservation. The fund achieves its objective by investing in a diversified, fixed portfolio consisting of investment grade corporate bonds and taxable municipal bonds. By focusing exclusively on investment grade securities, the fund prioritizes credit quality and seeks to minimize default risk for investors. This structure makes it a relevant choice for those looking to access steady income streams from higher-quality debt instruments. Monthly distributions are a key feature, offering regular income to participants. The fund's strategy is particularly significant within the income-focused segment of the market, providing exposure to both corporate and municipal sectors without compromising on credit standards. As a regulated investment company, the fund follows established tax rules to support efficient distribution practices. Overall, First Trust Investment Grade Multi-Asset Income Fund plays a vital role in providing diversified fixed income exposure for investors with an emphasis on income generation and capital preservation.