FTBCLX

About FTBCLX

First Trust Combined Series 328 Build America Bonds Portfolio 10-20 Year 8 is a unit investment trust focused on generating income and preserving capital through a fixed portfolio of investment‑grade taxable municipal bonds issued under the Build America Bond program of the American Recovery and Reinvestment Act of 2009. The portfolio targets bonds with maturities generally between 10 and 20 years, providing exposure to longer‑dated municipal credit while maintaining a defined, static basket selected at deposit. As a regulated investment company structure, it distributes portfolio income to unitholders, typically on a monthly schedule, and winds down as underlying bonds mature or are sold. The trust’s holdings span essential public finance sectors—such as general obligations and revenue bonds tied to infrastructure, utilities, education, and healthcare—reflecting the program’s emphasis on capital projects. By concentrating on Build America Bonds, the trust offers a disciplined way to access taxable municipal cash flows within a time‑limited vehicle, with transparent pricing and reported metrics like net asset value, par value, and historical highs and lows to track value over the trust’s life.