FRWECX

About FRWECX

First Trust 8431 Corporate Investment Grade Ladder-11 is a unit investment trust designed to deliver current income and emphasize capital preservation through a laddered portfolio of investment‑grade corporate bonds. The trust structures its holdings across staggered maturities to help manage interest rate risk and support a steady income profile as bonds roll down the curve and mature. It focuses on securities rated investment grade, providing exposure to high-quality issuers across corporate sectors while maintaining a disciplined, time-defined life. As a regulated investment company, it passes through income to unitholders in a tax-efficient framework, with distributions paid monthly. The series format offers a fixed portfolio established at inception and held to maturity, giving investors transparent visibility into credit quality, maturity profile, and expected cash flows. Within the fixed income market, this trust serves as a targeted vehicle for accessing diversified corporate credit with a structured ladder approach, appealing to those seeking systematic income and predictable portfolio wind-down over the trust’s remaining life.