FQXRBX

About FQXRBX

Tax Exempt Municipal Income Trust Series 319 is a unit investment trust designed to provide investors with a stream of income that is generally exempt from federal income taxes. The trust primarily invests in a diversified selection of municipal bonds, most of which are typically rated investment grade. These bonds are issued by states, municipalities, and public authorities to finance essential infrastructure and community projects, impacting sectors such as transportation, education, and health care. The trust follows a buy-and-hold approach, meaning the portfolio typically remains static until maturity, and it aims to preserve capital while delivering consistent tax-advantaged income to unitholders. As a result, it appeals to individuals seeking tax-efficient income with relatively lower risk profiles, compared to other fixed-income securities. The trust’s value and income distributions may fluctuate due to factors such as changes in interest rates or the creditworthiness of underlying issuers, but the core objective remains focused on providing federally tax-exempt income throughout the trust’s term.