FJVZXX

About FJVZXX

First Trust Strategic Income Closed-End Portfolio, Series 91 is a unit investment trust designed to generate high current income by investing in a diversified selection of closed-end funds. Its primary objective is to provide investors with monthly distributions by allocating assets across closed-end funds that hold both U.S. and international taxable fixed-income securities. Aiming for capital appreciation as a secondary goal, this portfolio is structured to balance income generation with the potential for value growth over its designated term. The trust follows a regulated investment company tax structure and is intended to offer exposure to a broad range of bond markets, allowing investors to benefit from the expertise of asset managers in selecting and maintaining the underlying fund holdings. As a defined-term investment vehicle, the portfolio has a specified life cycle and distributes income monthly, making it suitable for those seeking steady cash flows from a professionally managed, diversified bond fund pool. The trust is periodically re-issued in separate series, providing renewed opportunities for investors to access its income-oriented strategy.