FKCDNX

About FKCDNX

First Trust Combined Series 395 Build America Bonds Portfolio Series 52 is a unit investment trust designed to provide investors with exposure to the U.S. municipal bond market, specifically targeting Build America Bonds. These bonds are taxable municipal bonds issued as part of the American Recovery and Reinvestment Act, intended to stimulate infrastructure development by providing issuers with federal subsidies. The primary function of the portfolio is to generate regular income while offering diversification across various U.S. state and local government projects. Notable features include a focus on investment-grade fixed-income securities that benefit from federal support, making them an appealing choice for investors seeking steady cash flows and potential tax advantages. This asset plays a significant role in broadening access to municipal infrastructure investments, supporting both public works and the broader fixed-income market. Monthly distributions and periodic income announcements underscore its income-oriented structure, serving both individual and institutional investors seeking consistent returns from U.S. infrastructure and municipal development initiatives.