FGRAYX

About FGRAYX

The First Trust Combined Series 381 Build America Bonds Portfolio Series 43 is a unit investment trust designed to provide investors with regular income and capital preservation. This portfolio invests in a professionally selected, fixed basket of investment-grade taxable municipal bonds issued under the Build America Bond provision of the American Recovery and Reinvestment Act of 2009. The Build America Bonds program was created to help state and local governments finance public projects at lower borrowing costs during economic recovery efforts. Typically, these bonds offer taxable interest income and are backed by the creditworthiness of the issuing municipalities. The trust's holdings are structured to provide monthly income distributions, appealing to investors seeking predictable cash flows. With a disciplined selection process and a focus on high credit quality, the portfolio contributes to the broader municipal fixed income market by supporting infrastructure development while offering investors exposure to a unique segment of government-backed debt securities.