Hennion & Walsh has expanded its line-up of proprietary SmartTrust Unit Investment Trust (UIT) portfolios. It has launched the Tax-Free Income Trust, a two year investment trust that will look to provide income that is generally exempt from normal federal income tax.

It has also rolled out the Growth and Income Trust that will seek to offer investors with capital appreciation and current dividend income. The two year investment trust will invest in nine issues of common stock of companies, including real estate investment trusts and master limited partnerships.

Click here for the release from PR Newswire.