FEDCMX

About FEDCMX

First Trust 480 Investment Grade Fund is a mutual fund focused on delivering regular income and relative capital stability through investments in a diversified portfolio of investment-grade fixed income securities. Its primary objective is to provide investors access to a blend of assets with high credit quality, primarily emphasizing bonds rated at or above investment grade by leading credit rating agencies. The fund's portfolio may comprise U.S. Treasury securities, corporate bonds, government agency debt, and other fixed-income instruments that demonstrate strong repayment capacity. By allocating across a range of issuers and maturities, the fund aims to reduce exposure to default risk while offering potential for steady income generation. Typically, such funds serve the needs of conservative investors seeking an alternative to equities with a focus on capital preservation, regular income, and moderate sensitivity to interest rate movements. In the broader financial market, investment-grade fixed income funds like this play a fundamental role in portfolio diversification, providing stability and predictability to both individual and institutional investors.