The Global Water Equities Portfolio, Series 31 ("Trust") seeks to maximize total return through capital appreciation with a secondary objective of current income.
|Wrap Fee Price||$10.038800|
|Remaining Deferred Sales Charge||$0.245000|
|Mandatory Maturity Date||11/16/2018|
|NASDAQ Ticker Symbol||CGWEFX|
|Inception Unit Price||$10.000000|
|Inception Bid Price||$9.900000|
|Inception Liquidation Price||$9.655000|
|Deferred Sales Charge Dates||
|Number of Holdings||46|
|Historical Annual Dividend Distribution||$0.094100|
All data is subject to change daily. Data may differ from the prospectus due to different data sources or market changes. Please refer to prospectus for additional information about the trust including the portfolio section criteria. Source: FactSet Research Systems Inc. unless otherwise noted. The total percentages may not be equal to 100% due to rounding. N/A indicates that certain securities have not been identified and/or classified by the data provider. A unit is a combination of securities or types of securities traded together.
|Weighted Average Price/Earnings (P/E) Ratio||24.46|
|Weighted Average Price/Book (P/B) Ratio||3.15|
|Weighted Average Market Cap (MM)||$5,558.21|
|Non US Common Stock||50.21%|
|US Common Stock||49.79%|
|Commercial Services & Supplies||4.70%|
|Construction & Engineering||4.65%|
|Electronic Equipment Instruments & Components||4.61%|
|Health Care Equipment & Supplies||2.49%|
Past performance is no guarantee of future results. Investment returns and principal value will fluctuate with changes in market conditions. Investors' units, when redeemed, may be worth more or less than their original cost.
Principal Investment Strategy
The Trust consists of a portfolio of securities of companies that the Sponsor believes have a focus in at least one of the many categories that comprise the global water business. These categories include, but are not limited to, procurement, treatment, purification, filtration and distribution of water and wastewater treatment. The Sponsor selects securities for the Trust from within the global water business that it believes have the potential to achieve the Trust’s investment objective. At least 80% of the Trust’s assets have a significant connection to the global water business in that the companies represented devote a portion of their operations to, or derive a material portion of their revenues from, water utilities, water treatment, water testing, water infrastructure and water resource management. As of the date of deposit, the Trust will invest at least 40% of its assets in the securities of non-U.S. companies located in at least three different countries, as defined by Russell Investments. The common stocks held by the Trust may include the common stocks of U.S. and non-U.S. companies. As a result of this strategy, the Trust is concentrated in the water utilities sector and the industrials sector and in securities issued by companies located in Europe.
The Sponsor selects global companies that it believes are core holdings of a well-diversified global water portfolio. To select the portfolio the Sponsor begins by identifying a universe of companies that it believes have a significant focus (based on revenues and/or earnings) in the global water business. The initial universe is defined through research of companies identified in various research reports, websites, company filings and financial databases as connected to the global water business. The Sponsor then identifies companies that are diversified across the many categories and countries of origin that comprise the global water business for inclusion in the portfolio through a qualitative analysis, which may be primarily based on, but not limited to, the following factors:
Under certain circumstances the Sponsor may limit the number of securities in the final portfolio based upon certain fundamental factors including, but not limited to, the following:
The portfolio primarily consists of securities of companies that devote a portion of their operations to, or derive a material portion of their revenues from, one of the following categories of the global water business:
Risks and Other Considerations
As with all investments, you may lose some or all of your investment in the Trust. No assurance can be given that the Trust’s investment objective will be achieved. The Trust also might not perform as well as you expect. This can happen for reasons such as these:
Please see the Trust prospectus for more complete risk information.
Unit Investment Trusts are fixed, not actively managed and should be considered as part of a long-term strategy. Investors should consider their ability to invest in successive portfolios, if available, at the applicable sales charge. UITs are subject to annual fund operating expenses in addition to the sales charge. Investors should consult an attorney or tax advisor regarding tax consequences associated with an investment from one series to the next, if available, and with the purchase or sale of units. Guggenheim Funds Distributors, LLC does not offer tax advice.
Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.
Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"), which includes Security Investors, LLC ("SI"), Guggenheim Funds Investments Advisors, LLC ("GFIA") and Guggenheim Partners Investment Management ("GPIM") the investment advisors to the referenced funds.
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