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Blue Chip Dividend Portfolio Series 11

Investment Objective

The Blue Chip Dividend Portfolio, Series 11 ("Trust") seeks to provide above average dividend income coupled with the potential for long-term capital appreciation.

Principal Investment Strategy

Selection Criteria

Risks and Other Considerations

Portfolio Information

Daily Data

Offer Price N/A
Wrap Fee Price N/A
Liquidation Price $9.0526
Remaining Deferred Sales Charge $0.0000


Cash 40177P107
Reinvest 40177P115
Fee/Cash 40177P123
Fee/Reinvest 40177P131


Deposit Information

Inception Date 2/16/2023
Non-Reoffered Date 5/17/2023
Mandatory Maturity Date 2/18/2025
Ticker Symbol CBCDKX
Trust Structure Grantor
Inception Unit Price $10.0000
Inception Liquidation Price $9.7750
Deferred Sales Charge Dates Jun 2023
Jul 2023
Aug 2023
Term 2 Years
Number of Holdings 30

Historical Annual Dividend Distribution*

Per Unit $0.2760
Rate -
Rate Fee Based -

* The Historical Annual Dividend Distribution (HADD) per unit is as of the day prior to trust deposit and subject to change. The HADD per unit is the weighted average of the trailing twelve-month distributions paid by the securities included in the portfolio. The HADD rate is based on the HADD divided by the current offer price and recalculated daily. Both the HADD per unit and the rate shown are reduced to account for the effects of fees and expenses, which will be incurred when investing in the Trust. The HADD per unit and rate will vary due to certain factors that may include, but are not limited to, a change in the dividends paid by issuers, a change in Trust expenses or the sale or maturity of securities in the portfolio. There is no guarantee the issuers of the securities included in the Trust will declare dividends or distributions in the future. The HADD of the securities included in the Trust is for illustrative purposes only and is not indicative of the Trust’s distribution. Due to the negative economic impact across many industries caused by the recent COVID-19 outbreak, certain issuers of the securities included in the trust may elect to reduce the amount of, or cancel entirely, dividends and/or distributions paid in the future. As a result, the HADD figure will likely be higher, and in some cases significantly higher, than the actual distribution rate achieved by the trust.

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 21.74
Weighted Average Price/Book (P/B) Ratio 5.28
Weighted Average Market Cap (MM) $132,934.19

Market Cap & Style Breakdown

Value Growth Total
Large-Cap 74.61% 25.39% 100.00%
Mid-Cap -- -- --
Small-Cap -- -- --
Total 74.61% 25.39% 100.00%

Asset Class

US Common Stock 100.00%
Total 100.00%

Market Cap Breakdown

Style Breakdown

Sector & Industry Breakdown

Industrials 22.09%
 Air Freight & Logistics 3.03%
 Building Products 3.07%
 Commercial Services & Supplies 3.75%
 Electrical Equipment 8.44%
 Ground Transportation 3.81%
Information Technology 15.51%
 Communications Equipment 3.96%
 IT Services 3.93%
 Semiconductors & Semiconductor Equipment 7.61%
Financials 14.18%
 Banks 4.53%
 Capital Markets 6.43%
 Insurance 3.22%
Health Care 12.09%
 Health Care Equipment & Supplies 3.42%
 Health Care Providers & Services 2.96%
 Pharmaceuticals 5.71%
Consumer Staples 10.29%
 Beverages 7.03%
 Consumer Staples Distribution & Retail 3.26%
Energy 6.84%
 Oil Gas & Consumable Fuels 6.84%
Materials 6.81%
 Chemicals 6.81%
Consumer Discretionary 6.80%
 Hotels Restaurants & Leisure 6.80%
Communication Services 2.98%
 Diversified Telecommunication Services 2.98%
Real Estate 2.41%
 Specialized REITs 2.41%
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 dividend-paying securities of blue chip companies. A blue chip company is a nationally recognized company with a long-term reputation for quality, reliability and financial strength. The Trust consists of a portfolio of securities that the Sponsor believes are large-cap, high quality U.S.-traded dividend-paying securities that have historically paid above average dividend income. The Sponsor believes that dividends are often a good indicator of a corporation’s current financial condition and may signal management’s belief in a profitable future for the corporation. The U.S.-traded common stocks held by the Trust may include the common stocks of U.S. and non-U.S. companies. The Trust may also invest in real estate investment Trusts.

As a result of this strategy, the Trust investssignificantly in the industrials sector.

Selection Criteria

The Sponsor selects U.S.-traded companies that it believes should be core holdings of a diversified dividend-paying portfolio. To select the portfolio the Sponsor follows a disciplined process which includes a qualitative financial analysis.

The Sponsor begins with a universe of all dividend-paying equity securities currently traded in the United States as of the security selection date. The Sponsor then reduces the universe by screening for securities with higher indicated dividend yields than their average counterparts within the same sector. From this sub-universe of companies, the Sponsor identifies companies for inclusion in the portfolio through a qualitative financial analysis which is based on, but not limited to, the following factors:

  • Profitability & Growth. The Sponsor favors profitable companies with consistent profit margin expansion and prospects for above average growth of dividends, sales and earnings.
  • Cash-flow Adequacy. The Sponsor favors companies with recent earnings, operating and free cash-flow higher than the dividends paid over the last/trailing 12 months.
  • Balance Sheet Strength. The Sponsor favors companies that possess overall financial strength and exhibit balance sheet improvements relative to their peers and the marketplace.
  • Valuation. The Sponsor favors companies whose valuations appear to be attractive based on measures such as price-to-earnings, price-to-book and price to cash-flow.
  • Industry Leadership. The Sponsor favors companies that possess a strong competitive position among their domestic and global peers. Examples of a strong competitive position include, but are not limited to, possessing proprietary technology or processes, a brand strength, network effects, superior management or an absolute cost advantage.

From the remaining universe, the Sponsor selects a final portfolio of dividend-paying securities by selecting the most attractive candidates, as determined by the Sponsor, from each sector for expected performance and risk, while maintaining diversification with limits on sector and market capitalization.

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. Changes in legal, political, regulatory, tax and economic conditions may cause fluctuations in markets and securities prices, which could negatively impact the value of the Trust. Additionally, events such as war, terrorism, natural and environmental disasters and the spread of infectious illnesses or other public health emergencies may adversely affect the economy, various markets and issuers. An outbreak of a novel form of coronavirus disease (“COVID-19”) was first detected in December 2019 and rapidly spread around the globe leading the World Health Organization to declare the COVID-19 outbreak a pandemic in March 2020 and resulting in major disruptions to economies and markets around the world. The complete economic impacts of COVID-19 are
    not yet fully known. The COVID-19 pandemic, or any future public health crisis, is impossible to predict and could result in adverse market conditions which may negatively impact the performance of the trust and the trust's ability to achieve its investment objectives. 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.
  • 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.
  • The Trust invests in dividend-paying securities. The Trust’s investment in dividend-paying securities could cause the trust to underperform similar funds that invest without consideration of a company’s track record of paying dividends. Securities of companies with a history of paying dividends may not participate in a broad market advance to the same degree as most other securities, and a sharp rise in interest rates or economic downturn could cause a company to
    unexpectedly reduce or eliminate its dividend. There is no guarantee that the issuers of the securities held by the Trust will declare dividends in the future or that, if declared, they will
    remain at their current levels or increase over time.
  • The Trust invests significantly in the industrials sector. As a result, the factors that impact the industrials sector will likely have a greater effect on this Trust than on a more broadly diversified trust. Industrials companies are affected by various factors, including the general state of the
    economy, exchange rates, commodity prices, intense competition, consolidation, domestic and
    international politics, government regulation, import controls, excess capacity, consumer demand and spending trends. In addition, industrials companies may also be significantly affected by overall capital spending levels, economic cycles, rapid technological changes, delays in modernization, labor relations, environmental liabilities, governmental and product liability and
    e-commerce initiatives.
  • The Trust may be susceptible to potential risks through breaches in cybersecurity. A breach in cybersecurity refers to both intentional and unintentional events that may cause the Trust to lose proprietary information, suffer data corruption or lose operational capacity. Such events could cause the Sponsor of the Trust to incur regulatory penalties, reputational damage, additional compliance costs associated with corrective measures and/or financial loss. In addition, cybersecurity breaches of the Trust’s third-party service providers, or issuers in which the Trust invests, can also subject the Trust to many of the same risks associated with direct cybersecurity breaches.
  • The Trust is subject to risks arising from various operational factors and their service providers. Operational factors include, but not limited to, human error, processing and communication errors, errors of the Trust’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. Additionally, the Trust may be subject to the risk that a service provider may not be willing or able to perform their duties as required or contemplated by their agreements with the Trust. Although the Trust seeks to reduce these operational risks through controls and procedures, there is no way to completely protect against such risks.
  • 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.

Investing involves risk, including the possible loss of principal.

Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Partners Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management. Securities offered through Guggenheim Funds Distributors, LLC.

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