FJMTPX

About FJMTPX

First Trust Combined Series 560 Tax Exempt Municipal Income Trust – Series 2 is a unit investment trust designed to provide investors with regular income that is exempt from federal income tax. The trust primarily invests in a diversified selection of investment-grade municipal bonds issued by various state and local governments across the United States. These municipal securities typically support public projects such as infrastructure, education, and transportation, playing a crucial role in funding community development. By focusing on tax-exempt income, the trust is particularly relevant for investors seeking to enhance after-tax returns while maintaining a conservative risk profile. Units in the trust are structured to preserve capital and distribute monthly income, with the portfolio held until the trust’s maturity date. The assets are managed within a regulated framework, and holdings are selected based on credit quality and potential to meet the trust’s income objective. As a result, the First Trust Combined Series 560 Tax Exempt Municipal Income Trust – Series 2 serves a vital role for those aiming to access stable, federally tax-advantaged income from the municipal bond market.