First Trust 6156 Corporate Investment Grade Laddered Trust 2 is a unit investment trust designed to provide current income and capital preservation to investors. Its primary function is to invest in a diversified, laddered portfolio of investment grade corporate bonds. By laddering its bond holdings across different maturities, the trust aims to manage interest rate risk and provide a more consistent income stream. The holdings within the trust are carefully selected to meet strict credit quality standards, focusing solely on corporate issuers with investment grade ratings. This structure is intended to balance the need for income with the goal of preserving capital. The trust periodically distributes income to its investors, typically on a monthly basis, making it suitable for those seeking regular cash flow from their investments. As part of the broader fixed income market, this asset serves as a vehicle for investors to access potential stability and predictable returns, while mitigating some of the risks associated with holding individual corporate bonds directly.
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