FKYCKX

About FKYCKX

First Trust FT 78 Corporate Intermediate Laddered Portfolio 2024 is a unit investment trust designed to deliver current income and preserve capital through a laddered portfolio of investment‑grade corporate bonds. The trust employs a structured maturity schedule across intermediate terms, spreading reinvestment and interest‑rate risk while maintaining diversified exposure to high‑quality issuers. As a regulated investment company, it distributes interest income to unitholders on a monthly basis, reflecting its focus on dependable cash flows from the underlying bond holdings. The laddered construction helps smooth portfolio duration and mitigate the impact of yield curve shifts, offering a measured approach to corporate credit within a predefined life of the trust. Positioned as a buy‑and‑hold strategy typical of unit investment trusts, it holds a fixed basket until termination, providing transparency into holdings, weighted average maturity, and expected income metrics over its estimated life. This structure serves investors seeking a systematic allocation to intermediate‑term, investment‑grade corporate debt within a time‑bound vehicle that emphasizes stability and clarity of cash flows in the broader fixed‑income market.