FRLYJX

About FRLYJX

The First Trust GNMA Reinvestment Income Trust Series 110 is a unit investment trust designed to provide investors with monthly distributions of interest income. Its primary function is to invest exclusively in a diversified portfolio of mortgage-backed securities issued by the Government National Mortgage Association (GNMA, or "Ginnie Mae"). These securities are notable for being backed by the full faith and credit of the U.S. government, which imparts a high level of credit quality to the underlying portfolio. The trust is structured to serve investors seeking a stable stream of taxable income, making it particularly relevant for those focused on predictable cash flows. The asset is regulated as an investment company and operates under a fixed maturity date, typical of unit investment trusts. By concentrating on Ginnie Mae securities, the trust plays a role in the broader fixed income market by providing access to government-backed mortgage debt in a single, convenient package. Established in January 2010, the trust continues to be utilized as a product for income-focused investors seeking exposure to agency-backed mortgage securities without the need to directly manage individual bonds or securities themselves.