FFGOYX

About FFGOYX

FT 8909: Corporate Investment Grade Laddered Portfolio, Series 12 is a unit investment trust designed to provide current income and capital preservation through a diversified, time‑staggered portfolio of investment‑grade corporate bonds. The laddered structure spreads maturities across multiple years, aiming to balance reinvestment risk and interest‑rate sensitivity while delivering a predictable sequence of principal repayments as bonds mature. The trust holds only investment‑grade issuers, emphasizing credit quality and stability, and distributes periodic income with principal returned over time as underlying bonds are redeemed or reach maturity. As a defined‑term portfolio, it is assembled at inception and not actively managed thereafter, offering transparent holdings and a finite life that aligns with its maturity ladder. This structure positions the trust as a fixed‑income building block for investors seeking bond market exposure with disciplined duration management and systematic cash flow cadence, reflecting First Trust’s approach to corporate credit diversification and straightforward payout mechanics in a UIT format.