The Core Four 60/40 Retirement Portfolio, Series 3 ("Trust") seeks current income as the primary objective, with the potential for capital appreciation as a secondary objective.
|Wrap Fee Price||$9.8842|
|Remaining Deferred Sales Charge||$0.1350|
|Mandatory Maturity Date||8/16/2019|
|NASDAQ Ticker Symbol||CCFOCX|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.8650|
|Deferred Sales Charge Dates||
|Number of Holdings||85|
|Historical Annual Dividend Distribution||$0.2991|
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.
|Exchange Traded Fund||40.25%|
|Weighted Average Price/Earnings (P/E) Ratio||39.57|
|Weighted Average Price/Book (P/B) Ratio||21.17|
|Weighted Average Market Cap (MM)||$95,728.60|
|US Common Stock||50.45%|
|Electronic Equipment Instruments & Components||1.32%|
|Internet Software & Services||2.04%|
|Semiconductors & Semiconductor Equipment||1.29%|
|Technology Hardware Storage & Peripherals||0.68%|
|Mortgage Real Estate Investment Trusts (REITs)||4.00%|
|Diversified Consumer Services||0.68%|
|Hotels Restaurants & Leisure||1.36%|
|Internet & Direct Marketing Retail||1.00%|
|Health Care Equipment & Supplies||0.69%|
|Health Care Providers & Services||2.59%|
|Equity Real Estate Investment Trusts (REITs)||5.30%|
|Aerospace & Defense||1.92%|
|Air Freight & Logistics||0.66%|
|Commercial Services & Supplies||0.67%|
|Road & Rail||0.68%|
|Diversified Telecommunication Services||2.04%|
|Oil Gas & Consumable Fuels||1.28%|
|High Yield Muni||3.03%|
|Emerging-Markets Local-Currency Bond||2.01%|
|High Yield Bond||2.01%|
Holdings Analysis data is provided by Morningstar Traded Fund Center. Data is subject to change on a nightly basis. The data is for the underlying securities held by the exchange traded funds in the UIT. The total percentages may not be equal to 100% due to rounding.
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 seeks to provide current income with the potential for capital appreciation by investing in dividend-paying stocks of U.S.-listed companies along with shares of exchange-traded funds (“ETFs”) that invest substantially all of their assets in fixed-income securities.
The Trust is comprised of four sleeves, each with a unique strategy to address the needs or concerns of individuals near or in retirement: i) income, ii) growth of income, iii) stability of principal, and iv) capital appreciation. As of the security selection date, the Trust portfolio is constructed with an asset allocation of 60% equity securities and 40% ETFs substantially invested in fixed income securities.
The Sponsor has selected the securities to be included in the Trust’s portfolio. The U.S.-listed common stocks held by the Trust may include the common stocks of U.S. and non-U.S. companies of small-, mid- or large-capitalizations. Such securities may be issued by companies located in emerging markets. Certain of the common stocks included in the Trust portfolio are issued by real estate investment Trusts (“REITs”).
The fixed-income ETFs included in the portfolio invest in a wide range of debt securities rated investment-grade through below investment-grade. High-yield, below investment-grade securities or “junk” bonds are considered to be speculative and are subject to greater market and credit risks than investment-grade securities. Additionally, the fixed-income ETFs may invest in debt securities with any maturity term. The fixed-income ETFs included in the portfolio may also invest in debt securities issued by foreign companies, including companies located in emerging markets.
Higher-Yielding Income Sleeve
Approximately 30% of the Trust portfolio will constitute securities that seek to deliver an above average income stream. The Sponsor will select higher dividend-yielding, U.S.-listed equity securities (approximately 20% of the Trust portfolio) and higher yielding fixed income asset classes accessed through ETFs (approximately 10% of the Trust portfolio).
Equity Income Security Selection:
Fixed Income ETF Security Selection:
The Sponsor focuses on macro and sector views when selecting ETFs that it believes hold higher yielding fixed income asset classes (i.e., high yield corporate bonds, floating rate bonds, emerging market debt, convertible securities, preferred securities, etc.). The Sponsor selects ETFs based upon criteria including, but not limited to:
Initial individual ETF weightings will range between approximately 2% and 5% of the Trust portfolio.
Dividend Growth Sleeve
Approximately 20% of the Trust portfolio will hold U.S.-listed equity companies that have shown the historical ability and willingness to increase their dividend distributions annually for a minimum number of years, described below.
Principal Stability Sleeve
Approximately 30% of the Trust portfolio seeks to reduce potential volatility of the overall portfolio by investing in ETFs that hold at least 80% of their portfolios in investment grade fixed-income securities. The Sponsor focuses on macro and sector views when selecting these ETFs. The Sponsor selects ETFs based upon criteria including, but not limited to:
Initial individual ETF weightings will range between 2% and 10% of the Trust portfolio.
Capital Appreciation Sleeve
Approximately 20% of the Trust portfolio seeks to provide growth of principal by investing in large-cap, U.S.-listed growth companies.
Securities in the final portfolio will be cross-referenced against other sleeves to ensure no security overlap.
INDEX DEFINITIONS: The Dow Jones Top Cap Value Index is a combination of the Dow Jones U.S. Large-Cap Value Total Stock Market Index and the Dow Jones U.S. Mid-Cap Value Total Stock Market Index. The Dow Jones U.S. Large-Cap Value Total Stock Market Index is designed to measure the performance of large-cap U.S. equity securities that are classified as “value” based on multi-factor analysis. The Dow Jones U.S. Mid-Cap Value Total Stock Market Index is designed to measure the performance of mid-cap U.S. equity securities that are classified as “value” based on multi-factor analysis. Indexes are unmanaged and it is not possible to invest directly in an index. The Russell 3000 Index is composed of 3000 large U.S. companies, as determined by market capitalization. This portfolio of Securities represents approximately 98% of the investable U.S. equity market. The Russell 3000 Index is comprised of stocks within the Russell 1000 and the Russell 2000 Indices.
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:
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 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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