FJMZKX

About FJMZKX

First Trust Balanced Income Select Portfolio Series 130 is a unit investment trust designed to deliver a high rate of monthly income alongside the potential for capital appreciation. It achieves this by maintaining an approximately equal allocation between two core investment types: about 50% in common stocks of companies known for above-average dividend yields, and roughly 50% in closed-end funds investing primarily in both U.S. and foreign taxable bonds. This hybrid structure allows the portfolio to tap both equity and fixed income markets, providing diversification across sectors such as consumer discretionary, energy, healthcare, financials, real estate, and technology. As a regulated investment company, it follows a defined life cycle: initially offered in November 2023 and scheduled to conclude in November 2025, with monthly distributions throughout the trust’s span. The trust structure is designed to appeal to investors seeking a blend of regular income and long-term growth potential, while its transparent and finite mandate provides clarity on investment approach and portfolio composition within the broader financial market.