First Tennessee Brokerage, Inc., can also help you build your portfolio with any of the following investment opportunities:
Municipal Securities, Government, and Mortgage-Backed Securities
Investment instruments backed by federal, state, and local government agencies, these securities offered through First Tennessee Brokerage, Inc., present a range of maturities and payment schedules.
Municipal Securities, Government Securities, and Mortgage-Backed Securities are available to help you build your investment portfolio, and our trained professionals will help you determine which are right for you.
Municipal Securities Features
- Debt obligations issued by states, cities, and local governments to fund public works projects
- Interest on some municipal securities is federal income tax free
- Offer market liquidity
- Maturities from 1-30 years
Government Securities Features
- Backed by the US Treasury
- Treasury Bills, Treasury Notes, and Treasury Bonds available
- Maturities from 1 month – 30 years
Mortgage-Backed Securities Features
- Backed by either the Government National Mortgage Association, Federal Home Loan Mortgage Corporation, or Federal National Mortgage Association
- Secured by pools of mortgages which pay both principal and interest
- Offer market liquidity
First Tennessee Brokerage offers customers access to several types of bonds including zero coupon bonds, municipal bonds, and select corporate bonds.
Unit Investment Trusts
A Unit Investment Trust is a fixed portfolio of securities sold to investors in trust "units," which represent fractional undivided ownership interests in the portfolio until maturity or redemption. Unit Investment Trusts are "closed-end" funds, i.e. they have a fixed number of units available to investors. With a fixed rate of interest, these securities offer liquidity, although their value will fluctuate. Maturities range from five to 30 years. Dividends are distributed monthly and annually.
- Not a Deposit
- Not Guaranteed by the Bank or its Affiliates
- Not FDIC Insured
- Not Insured by Any Federal Government Agency
- Not Guaranteed to Retain Value
Investments available through First Tennessee Brokerage, Inc., (FTBR), member FINRA, SIPC, and a subsidiary of First Tennessee Bank National Association.
The Securities and Exchange Commission requires broker-dealers to publish certain order related data. Click here to view this data as required by Rule 11Ac1-6.
The state tax benefits of 529 plans may be limited to those investments offered by your state or that of the designated beneficiary. Potential state-based benefits should be considered as one of the factors in making an informed investment decision. Please consult your tax advisor about state tax consequences or benefits of a 529 plan.
First Tennessee does not offer tax or legal advice. You should consult your personal and/or legal advisor concerning your individual situation.
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