FMCVGX

About FMCVGX

First Trust 611 Tax Exempt Municipal Income Fund is a unit investment trust focused on generating income that is exempt from federal as well as applicable state and local income taxes. The fund primarily invests in a diversified portfolio of investment grade municipal bonds, aiming to deliver stable, tax-advantaged monthly income while seeking to preserve invested capital. This strategy is particularly attractive to investors looking for tax-efficient income solutions, especially those in higher tax brackets. The fund’s municipal bond holdings are selected for their credit quality and typically span a range of maturities, providing exposure to various issuers and sectors within the municipal finance market. As a regulated investment company, the fund adheres to strict requirements for asset selection and income distribution. The First Trust 611 Tax Exempt Municipal Income Fund plays a significant role in the municipal bond market by channeling investor capital into public infrastructure and community projects, thereby supporting local and state government financing needs while offering investors a reliable, tax-advantaged income stream.