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European High Dividend Portfolio Series 6

Trust Resources
Fact Card
Prospectus
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Investment Objective

The European High Dividend Portfolio, Series 6 ("Trust") seeks to provide total return through capital appreciation and dividend income.

Principal Investment Strategy

Selection Criteria

Risks and Other Considerations

Portfolio Information

Daily Data

Offer Price $10.722700
Wrap Fee Price $10.349000
Bid Price $10.594000
Liquidation Price $10.349000
Remaining Deferred Sales Charge $0.245000

CUSIPs

Monthly-Cash 40171J842
Monthly-Reinvest 40171J859
Monthly-Fee/Cash 40171J867
Monthly-Fee/Reinvest 40171J875

 

Deposit Information

Inception Date 6/15/2016
Non-Reoffered Date 12/21/2016
Mandatory Maturity Date 6/15/2018
NASDAQ Ticker Symbol CEUHFX
Trust Structure RIC
Inception Unit Price $10.000000
Inception Bid Price $9.900000
Inception Liquidation Price $9.655000
Deferred Sales Charge Dates Jan 2017
Feb 2017
Mar 2017
Term 2 Years
Number of Holdings 31
Historical Annual Dividend Distribution $0.363500

Portfolio Holdings Analysis

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.

Fundamental Data

Weighted Average Price/Earnings (P/E) Ratio 15.33
Weighted Average Price/Book (P/B) Ratio 2.70
Weighted Average Market Cap (MM) $49,220.09

Market Cap & Style Breakdown

Value Growth N/A Total
Large-Cap 36.11% 28.46% -- 64.56%
Mid-Cap 13.99% 21.02% -- 35.01%
Small-Cap -- -- -- --
N/A -- -- 0.43% 0.43%
Total 50.09% 49.48% 0.43% 100.00%

Asset Class

Non US Common Stock 97.08%
REIT 2.91%
Total 100.00%

Market Cap Breakdown

Style Breakdown

Sector & Industry Breakdown

Financials 26.60%
 Banks 12.71%
 Insurance 13.89%
Industrials 17.27%
 Aerospace & Defense 3.57%
 Construction & Engineering 3.58%
 Industrial Conglomerates 3.74%
 Machinery 6.38%
Consumer Discretionary 12.61%
 Automobiles 3.68%
 Household Durables 5.03%
 Textiles Apparel & Luxury Goods 3.90%
Materials 10.89%
 Chemicals 7.01%
 Paper & Forest Products 3.88%
Energy 8.90%
 Oil Gas & Consumable Fuels 8.90%
Consumer Staples 6.27%
 Beverages 3.27%
 Tobacco 3.00%
Utilities 5.94%
 Gas Utilities 3.28%
 Multi-Utilities 2.66%
Real Estate 5.79%
 Equity Real Estate Investment Trusts (REITs) 2.91%
 Real Estate Management & Development 2.88%
Health Care 5.71%
 Pharmaceuticals 5.71%
Total 100.00%

Country Breakdown

United Kingdom 30.77%
France 18.61%
Germany 18.03%
Netherlands 7.59%
Sweden 7.05%
Switzerland 5.67%
Italy 5.54%
Finland 3.88%
Spain 2.86%
Total 100.00%

Regional Breakdown

West Europe 100.00%
Total 100.00%

Developed Status

Developed 100.00%
Total 100.00%

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

Under normal circumstances, the Trust invests at least 80% of the value of its assets in dividend-paying common stocks of European companies. The strategy will invest in a portfolio of companies that are included in the Russell Developed Europe Index, that distribute significant dividends and that have attractive dividend payout ratios that the Sponsor believes are sustainable. The Sponsor believes that companies that distribute significant dividends on a consistent basis generally demonstrate strong financial strength and positive performance relative to their peers. As a result of this strategy, the Trust is concentrated in the financials sector.

Selection Criteria

The Trust’s portfolio is selected by the Sponsor using the methodology described below:

Begin with a starting universe composed of all the securities in the Russell Developed Europe Index. If a company has multiple classes of equity securities in the universe, then remove all but the most liquid class. If a security has a U.S.-traded American Depositary Receipt (“ADR”) available that meets the minimum trading volume specified below, then replace the foreign security with its ADR equivalent.

The Sponsor then excludes securities that do not have a market capitalization of at least $500 million USD and that do not have at least $0.5 million USD of median daily trading volume over the past 90 days. The Trust may invest in common stocks of companies that have small-, mid- and large-capitalizations.

The Sponsor then reduces the universe by selecting companies, which may be primarily based on, but not limited to, the following factors:

  • Dividend Yield – the Sponsor prefers higher dividend yields and excludes all non-dividend paying companies;
  • Payout Ratio – the Sponsor prefers securities with lower dividend payout ratios;
  • Valuation – the Sponsor prefers securities trading at cheaper valuations as measured by enterprise value to earnings before interest and taxes (EV/EBIT);
  • Profitability – the Sponsor prefers companies with higher return on assets;
  • Growth – the Sponsor prefers companies with higher sales growth;
  • Momentum – the Sponsor avoids securities that have the worst trailing returns; and
  • Volatility – the Sponsor prefers companies with lower price volatility.

No security will represent more than 5% of the portfolio as of the initial date of deposit (the “Inception Date”). The portfolio, as of the security selection date, has total country weights and total sector weights similar to those in the Russell Developed Europe Index.

Please note that due to the fluctuating nature of security prices, the weighting of an individual security or sector in the Trust portfolio may change after the security selection date.

Guggenheim Partners Investment Management, LLC

Guggenheim Partners Investment Management, LLC is a subsidiary of Guggenheim Partners, LLC and an affiliate of the Sponsor, which offers financial services expertise within its asset management, investment advisory, capital markets, institutional finance and merchant banking business lines. Clients consist of a mix of individuals, family offices, endowments, foundations, insurance companies, pension plans and other institutions that together have entrusted the firm with supervision of more than $100 billion in assets. A global diversified financial services firm, Guggenheim Partners, LLC office locations include New York, Chicago, Los Angeles, Miami, Boston, Philadelphia, St. Louis, Houston, London, Dublin, Geneva, Hong Kong, Singapore, Mumbai and Dubai.

The Sponsor is also a subsidiary of Guggenheim Partners, LLC. See “General Information” for additional information.

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:

  • Securities prices can be volatile. The value of your investment may fall over time. Market value fluctuates in response to various factors. These can include stock market movements, purchases or sales of securities by the Trust, government policies, litigation, and changes in interest rates, inflation, the financial condition of the securities’ issuer or even perceptions of the issuer. Units of the Trust are not deposits of any bank and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
  • The Trust is concentrated in the financial sector. As a result, the factors that impact the financial sector will likely have a greater effect on this Trust than on a more broadly diversified Trust. Companies in the financial sector include banks, insurance companies and investment firms. The profitability of companies in the financial sector is largely dependent upon the availability and cost of capital which may fluctuate significantly in response to changes in interest rates and general economic developments. Financial sector companies are especially subject to the adverse effects of economic recession, decreases in the availability of capital, volatile interest rates, portfolio concentrations in geographic markets and in commercial and residential real estate loans, and competition from new entrants in their fields of business. Negative developments initially relating to the subprime mortgage market and subsequently spreading to other parts of the economy, have adversely affected credit and capital markets worldwide and significantly impacted financial sector companies.
  • The Trust invests in foreign securities listed on a foreign exchange and ADRs. The Trust’s investment in foreign securities listed on a foreign exchange and ADRs presents additional risk. ADRs are issued by a bank or Trust company to evidence ownership of underlying securities issued by foreign corporations. Securities of foreign issuers present risks beyond those of domestic securities. More specifically, foreign risk is the risk that foreign securities will be more volatile than U.S. securities due to such factors as adverse economic, currency, political, social or regulatory developments in a country, including government seizure of assets, excessive taxation, limitations on the use or transfer of assets, the lack of liquidity or regulatory controls with respect to certain industries or differing legal and/or accounting standards.
  • The Trust includes securities whose value may be dependent on currency exchange rates. The U.S. dollar value of these securities may vary with fluctuations in foreign exchange rates. Most foreign currencies have fluctuated widely in value against the U.S. dollar for various economic and political reasons such as the activity level of large international commercial banks, various central banks, speculators, hedge funds and other buyers and sellers of foreign currencies.
  • The Trust is concentrated in securities issued by European companies. As a result, political, economic or social developments in Europe may have a significant impact on the securities included in the Trust. Furthermore, the European sovereign debt crisis and the related austerity measures in certain countries have had, and continue to have, a significant negative impact on the economies of certain European countries and their future economic outlooks.
  • The Trust is concentrated in securities issued by companies headquartered in the United Kingdom. As a result, political, economic or social developments in the United Kingdom may have a significant impact on the securities included in the Trust.
  • The Trust invests in securities issued by mid-capitalization companies. These securities customarily involve more investment risk than securities of large-capitalization companies. Mid-capitalization companies may have limited product lines, markets or financial resources and may be more vulnerable to adverse general market or economic developments.
  • Share prices or dividend rates on the securities in the Trust may decline during the life of the Trust. There is no guarantee that share prices of the securities in the Trust will not decline and that the issuers of the securities will declare dividends in the future and, if declared, whether they will remain at current levels or increase over time.
  • Inflation may lead to a decrease in the value of assets or income from investments.
  • The Sponsor does not actively manage the portfolio. The Trust will generally hold, and may, when creating additional units, continue to buy, the same securities even though a security’s outlook, market value or yield may have changed.

See “Investment Risks” in Part A of the prospectus and “Risk Factors” in Part B of the prospectus for additional information.

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.

© 2016 Guggenheim Investments. All Rights Reserved.

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