FQYBQX

About FQYBQX

First Trust Preferred Income Series 11061 is a unit investment trust structured to deliver consistent monthly income by strategically allocating across a diversified basket of preferred securities. Its primary purpose is to provide investors with exposure to both fixed- and floating-rate preferred shares from leading financial institutions, insurance companies, and other industries, thereby offering potential income stability. This trust stands out for its disciplined selection process, targeting securities that exhibit strong credit quality and reliable dividend histories. The portfolio typically holds a range of issuers, including prominent names within the banking, insurance, and utilities sectors, supporting a balanced risk profile and enhanced yield potential. By pooling resources and expertise, First Trust Preferred Income Series 11061 serves as a convenient vehicle for investors seeking regular income streams while benefiting from the advantages of portfolio diversification. Its monthly distribution feature further underscores its appeal to income-focused market participants.