First Trust Combined Series 467: Investment Grade Multi-Asset Income Trust is a unit investment trust designed to provide current income and preserve capital through a fixed portfolio of investment-grade securities over a defined term. According to its sponsor materials and Nasdaq profile, the strategy centers on a diversified mix of high-quality corporate bonds and taxable municipal bonds, guided against a broad U.S. investment-grade benchmark and managed within a medium-to-long maturity horizon under a buy-and-hold structure. The trust format delivers transparent holdings at inception and no active trading thereafter, allowing investors to track distributions and net asset value over the life of the series. Positioned within First Trust’s broader Investment Grade Multi-Asset Income lineup, this series emphasizes credit quality and predictable cash flows while balancing sector and issuer exposure within investment-grade standards. Its role in the market is to offer packaged access to a curated, time-limited fixed-income allocation that simplifies diversification, standardizes periodic income payments, and targets capital return at termination consistent with UIT conventions.
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