FLULOX

About FLULOX

First Trust 825 Capital Strength Buy-Write Series 78 is a unit investment trust designed to provide income, with limited capital appreciation as a secondary objective. This trust features a fixed portfolio comprising U.S. Treasury securities and common stocks of well-capitalized companies that exhibit strong market positions. To generate income and potentially reduce volatility, the trust employs a buy-write strategy: long-term equity anticipation securities (LEAPS®) call options are written on each stock position in the portfolio. This approach allows the trust to seek additional yield from option premiums while retaining exposure to equity markets. Holdings are diversified across leading sectors, with a focus on large-cap growth companies, and the trust operates under a regulated investment company tax structure. Distributions are made semi-annually, and the trust maintains a defined life, with a specific termination date. The combination of capital strength screening and disciplined covered call writing positions this asset as a specialized solution for investors seeking enhanced income from equities, complemented by the relative safety of U.S. Treasuries in the portfolio.