FLTRZX

About FLTRZX

First Trust Combined Series 552: Tax-Exempt Municipal Income Trust 10–20 Year is a unit investment trust designed to provide federally tax‑exempt income while seeking capital preservation through a diversified portfolio of investment‑grade municipal bonds with intermediate to long maturities, generally in the 10–20 year range. The trust follows a defined, buy‑and‑hold structure, assembling bonds at inception and holding them to termination, which emphasizes transparency of holdings and a finite life rather than continuous active management. Its portfolio targets interest payments exempt from federal—and, when applicable, state and local—income taxes, reflecting its focus on public finance issuers such as state and local governments and related authorities. As a regulated investment company, it distributes income to unitholders, typically on a monthly basis, aligning with the cash flow profile of municipal coupons. The strategy serves investors seeking tax‑advantaged cash flows and exposure to the municipal bond market’s intermediate segment, a duration band often used for balancing income needs with interest‑rate sensitivity. Market metrics and characteristics, such as weighted average maturity and estimated income, are published by the sponsor to support ongoing assessment within fixed income allocations.