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Guggenheim REIT Portfolio Series 15


Investment Objective

The Guggenheim REIT Portfolio, Series 15 ("Trust") seeks to provide current income and the potential for capital appreciation by investing in a portfolio consisting of common stocks of real estate investment trusts (“REITs”).

Principal Investment Strategy

Selection Criteria

Risks and Other Considerations

Portfolio Information

Daily Data

Offer Price $9.828000
Wrap Fee Price $9.489600
Bid Price $9.734600
Liquidation Price $9.489600
Remaining Deferred Sales Charge $0.245000

CUSIPs

Monthly-Cash 40171M464
Monthly-Reinvest 40171M472
Monthly-Fee/Cash 40171M480
Monthly-Fee/Reinvest 40171M498

 

Deposit Information

Inception Date 10/19/2016
Non-Reoffered Date 4/19/2017
Mandatory Maturity Date 10/19/2018
NASDAQ Ticker Symbol CGRTOX
Trust Structure GRANTOR
Inception Unit Price $10.000000
Inception Bid Price $9.900000
Inception Liquidation Price $9.655000
Deferred Sales Charge Dates May 2017
Jun 2017
Jul 2017
Term 2 Years
Number of Holdings 35
Historical Annual Dividend Distribution $0.396900

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 61.33
Weighted Average Price/Book (P/B) Ratio 3.09
Weighted Average Market Cap (MM) $8,671.65

Market Cap & Style Breakdown

Value Growth Total
Large-Cap 3.16% 5.66% 8.82%
Mid-Cap 47.77% 12.39% 60.16%
Small-Cap 18.98% 12.04% 31.02%
Total 69.91% 30.09% 100.00%

Asset Class

REIT 100.00%
Total 100.00%

Market Cap Breakdown

Style Breakdown

Sector & Industry Breakdown

Real Estate 100.00%
 Equity Real Estate Investment Trusts (REITs) 100.00%
Total 100.00%

Country Breakdown

United States 100.00%
Total 100.00%

Regional Breakdown

North America 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 will invest at least 80% of the value of its assets in common stocks issued by U.S.-based REITs. REITs are financial vehicles that pool investors’ capital to purchase or finance real estate. The Sponsor will select securities that it believes have the best potential to meet the Trust’s investment objective. The focal points of the strategy will be diversification and dividend stability. The strategy as it pertains to diversification is multi-faceted. Diversification will be achieved at the issuer level, but also at the portfolio level with regards to both the property type and geographic location of the REITs’ holdings. The strategy relating to dividend safety will focus on cash flow coverage, overall leverage levels and debt maturity schedules. Both diversification and dividend stability will be considered within the context of relative value in terms of security pricing and dividend payment attractiveness. Certain of the common stocks of REITs held by the Trust may be issued by small-capitalization and mid-capitalization companies. As a result of this strategy, the Trust is concentrated in the real estate sector.

Selection Criteria

When selecting the securities for the final portfolio, the Sponsor, with the assistance of Guggenheim Partners Investment Management, LLC, (“GPIM”), an affiliate of the Sponsor and Guggenheim Partners, LLC, has selected the securities to be included in the Trust’s portfolio. The Sponsor and GPIM consider (but are not limited to) the following factors:

• The securities must be issued by companies structured as REITs.

• The diversification benefits of the securities with respect to the issuer, the property types owned by the issuer and the geographic dispersion of the properties owned by the issuer.

• The attractiveness of the dividend payments relative to REIT securities with similar characteristics.

• The ability of the issuer to maintain its current dividend payment.

• The overall condition of the issuers’ balance sheet.

• The price of the securities relative to other securities with comparable characteristics.

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, and the state of the real estate market. 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 real estate sector. As a result, the factors that impact the real estate sector will likely have a greater effect on this Trust than on a more broadly diversified Trust. REITs may concentrate their investments in specific geographic areas or in specific property types, such as, hotels, shopping malls, residential complexes and office buildings. The value of the REITs and other real estate securities and the ability of such securities to distribute income may be adversely affected by several factors, including: rising interest rates; changes in the global and local economic climate and real estate conditions; perceptions of prospective tenants of the safety, convenience and attractiveness of the properties; the ability of the owner to provide adequate management, maintenance and insurance; increased competition from new properties; the impact of present or future environmental legislation and compliance with environmental laws; changes in real estate taxes and other operating expenses; adverse changes in governmental rules and fiscal policies; adverse changes in zoning laws; declines in the value of real estate; the downturn in the subprime mortgage lending market and the real estate markets in the United States; and other factors beyond the control of the issuer of the security.

• 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, rating, 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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