FTBEHX

About FTBEHX

First Trust Build America Bonds Portfolio 30-7 Year Series is a unit investment trust focused on income distribution and capital preservation through a fixed portfolio of investment‑grade, taxable municipal bonds issued under the Build America Bond provisions of the American Recovery and Reinvestment Act of 2009. The trust holds a professionally selected basket of long‑dated municipal securities, emphasizing credit quality and a defined life, rather than ongoing active management. Its structure targets predictable monthly cash flows from bond coupons, with the portfolio held to termination rather than traded, aligning payouts to the bonds’ scheduled interest and principal profile. As a taxable municipal strategy, it channels financing to public infrastructure—including transportation, education, and essential services—via issuers that accessed the federal program’s subsidy framework during its issuance window. The trust is organized as a regulated investment company and is offered in secondary markets after its initial offering period, with transparent reporting on weighted average maturity, estimated income, and net asset value per unit. This design positions the series as a specialized vehicle for accessing the legacy Build America Bonds segment within a defined‑term, rules‑based format.