FQUOBX

About FQUOBX

First Trust Tax-Exempt Opportunities Bond Fund is an open-end municipal bond fund designed to deliver federally tax-exempt income while maintaining a diversified, actively managed portfolio of municipal securities. The fund focuses on investment-grade issuers across state and local governments and related agencies, prioritizing credit quality, sector diversification, and laddered maturity profiles to balance income generation with interest rate and liquidity considerations. It can allocate across general obligation and revenue bonds tied to essential services such as transportation, utilities, healthcare, and education, reflecting the breadth of the U.S. muni market. The strategy’s role in the financial market is to channel capital to public infrastructure and community projects, while offering investors a potential source of tax-advantaged cash flows. By combining credit analysis with duration and curve positioning, the fund seeks to manage rate sensitivity and credit risk within the municipal landscape. Its utility spans taxable accounts seeking tax-exempt income and diversified fixed income allocations looking for lower historical default experience relative to comparably rated corporates. (Information based on First Trust municipal income strategies and fund materials).