FLLMYX

About FLLMYX

First Trust 613 Tax Exempt Municipal Income Fund is a unit investment trust with a primary objective of providing investors with regular income that is exempt from federal and, potentially, applicable state and local income taxes. The fund invests primarily in a diversified portfolio of investment-grade, tax-exempt municipal bonds, typically with maturities ranging from 10 to 20 years. This focus allows the fund to target investors seeking tax-advantaged monthly income, while also emphasizing the preservation of capital. The nature of its tax-exempt income appeals particularly to investors in higher tax brackets who desire to mitigate their overall tax burden. As part of the First Trust family, this fund represents a segment of the fixed-income market crucial for municipal infrastructure financing, supporting state and local projects across sectors such as transportation, utilities, and public services. Its consistent monthly distributions and attention to credit quality underscore its role as a stable portfolio component for those seeking predictable tax-exempt cash flows.