FPINSX

About FPINSX

FT 7368: Corporate Investment Grade Laddered Portfolio Series 5 is a defined-term unit investment trust that holds a diversified basket of U.S. dollar–denominated, investment‑grade corporate bonds in a laddered maturity structure. Its primary aim is to provide scheduled income and a predictable return of principal profile by staggering bond maturities, which helps manage interest rate risk and reinvestment timing across the yield curve. The series approach groups bonds into sequential rungs, so cash flows from maturing holdings can be redeployed according to the trust’s mandate, supporting stability in duration and credit exposure. The portfolio focuses on issuers with high credit quality, targeting the core of the corporate bond market that finances large, established companies across sectors such as industrials, financials, utilities, and communications. As a finite‑life trust offered by First Trust, the series moved from its initial offering into the secondary market and is designed to terminate on a set date, distributing proceeds to unitholders at maturity. This structure positions the product as a straightforward, rules‑based fixed income allocation emphasizing transparency and disciplined cash‑flow management within the investment‑grade universe.