FLQTVX

About FLQTVX

First Trust Intermediate Duration Portfolio Series 16 is a unit investment trust focused on delivering a high rate of current monthly income through a diversified mix of fixed income exposures. The portfolio holds a curated basket of exchange-traded funds spanning investment grade corporates, limited and intermediate duration strategies, high yield credit, senior loans, preferred securities, and emerging markets local currency bonds. This structure targets intermediate interest rate sensitivity while broadening credit and sector exposure across corporate, financial, and sovereign-linked issuers. The trust follows a defined life, distributing income monthly and winding up at a scheduled termination date, which provides transparency around portfolio management and cash flow timing. By combining multiple fixed income segments within a single vehicle, First Trust Intermediate Duration Portfolio Series 16 aims to balance income generation with measured duration risk, offering investors a systematic approach to diversified bond market participation within a regulated investment company format.