FUELAX

About FUELAX

First Trust Combined Series 471 Tax Exempt Municipal Income Trust Series 286 is a unit investment trust that primarily focuses on generating income that is exempt from federal, and in some cases, state and local income taxes. The trust invests in a carefully selected portfolio of investment grade municipal bonds, each chosen for their creditworthiness and potential to provide reliable tax-exempt income. Its holdings typically span multiple issuers and states, diversifying across the U.S. municipal sector and supporting critical infrastructure and public services such as schools, utilities, and transportation. This trust is designed for income-focused investors seeking tax efficiency, with monthly distribution of interest income. While its principal goal is to provide federally tax-exempt income and preserve capital, the trust’s relatively defined portfolio and maturity make it a finite-life investment with a focus on managing interest rate and credit risk. The trust’s market significance lies in providing access to professionally selected municipal bonds in a single diversified package, supporting both portfolio diversification and tax mitigation objectives within the fixed income universe.