FSTYLX

About FSTYLX

First Trust Combined Series 448 is a multi-asset unit investment trust designed to generate income and provide portfolio diversification. This portfolio, officially known as the Investment Grade Multi-Asset Income Portfolio, 10-20 Year Series, primarily targets investment-grade securities across a range of asset classes and maturities. Its holdings typically include a diversified mix of common stocks—selected for their histories of dividend growth—as well as exchange-traded funds (ETFs) that provide exposure to convertible securities, master limited partnerships (MLPs), inflation-protected securities (TIPS), limited duration bonds, and real estate investment trusts (REITs). The portfolio is tailored for investors seeking an above-average total return by balancing potential income with exposure to multiple market sectors and asset types. Structured as a fixed-life trust, it offers transparency in holdings and a defined investment period, making it a suitable option for those looking to diversify income sources while focusing on higher-quality, investment-grade assets within a professionally managed framework.