FTXIOX

About FTXIOX

First Trust Corp Grade 3-7 Year 2018 Term Trust is a fixed income investment portfolio focused on U.S. dollar–denominated, investment‑grade corporate bonds with targeted maturities in the three‑ to seven‑year range. The trust’s primary purpose is to provide diversified exposure to high‑quality corporate credit while moderating interest‑rate sensitivity relative to longer‑duration strategies. It generally emphasizes securities rated at the upper tiers of the credit spectrum, seeking broad representation across sectors such as financials, industrials, and utilities. Structured as a defined‑term vehicle tied to a 2018 series, it is designed to liquidate at a specified end date, offering a time‑bounded approach to corporate bond investing and potential alignment with investor cash‑flow horizons. In the broader market, the trust serves as a tool for investors aiming to balance income generation with intermediate‑term duration and credit quality discipline, complementing core bond allocations and providing a laddering component within investment‑grade corporate exposure.