FGUESX

About FGUESX

First Trust Combined Series 474 – Investment Grade Multi-Asset Income Portfolio Fund is a unit investment trust designed to generate income and total return by investing across multiple asset classes. The fund primarily allocates approximately 60% of its portfolio to selected common stocks identified through a disciplined screening process, while the remaining 40% is invested in exchange-traded funds (ETFs) that hold various investment-grade fixed-income securities. This multi-asset construction aims to balance growth potential from equities with the stability and income characteristics of high-quality bonds. The fund includes exposure to sectors such as technology, through holdings like Palantir Technologies, as well as a broad set of bond ETFs covering high yield, floating rate, and short-term corporate bonds. Income is typically distributed monthly, appealing to investors seeking regular cash flow. By diversifying across equities and fixed income, the portfolio seeks to offer a blend of capital appreciation and risk management, catering to a wide range of financial goals while maintaining investment-grade credit quality across its bond holdings.