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Utilities Portfolio Series 3

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Investment Objective

The Trust seeks to maximize total return through capital appreciation with a secondary objective of current income.

Principal Investment Strategy

Selection Criteria

Risks and Other Considerations

Portfolio Information

Deposit Information

Inception Date 11/19/2003
Non-Reoffered Date 11/29/2004
Mandatory Maturity Date 11/19/2008
NASDAQ Ticker Symbol COPUCX
Trust Structure GRANTOR
Inception Unit Price $10.0000
Maturity Price (as of 11/19/08) $10.2534
Historical Annual Dividend Distribution $0.4572

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.

This information does not constitute an offer to sell or a solicitation of any offer to buy: nor shall there be any sale of these securities in any state where the offer, solicitation, or sale is not permitted.


Principal Investment Strategy

The Trust consists of twenty stocks of utility companies. The Trust is diversified across the utility sector including integrated electric, pipeline and gas distribution companies. The Sponsor selects stocks for the Trust with the assistance of Principal Global Investors within the sector that it believes have the potential to achieve the Trust’s investment objective.

See “Investment Policies” in Part B of the prospectus for more information.

Selection Criteria

Companies are selected for the trust from within the utility sector by examining factors that include, but are not limited to:

  • Products and/or services offered by the companies;
  • The competitive environment;
  • Research and development capabilities;
  • Potential acquisitions;
  • Financing; and
  • A fundamental and technical equity valuation assessment.

By employing these steps the Sponsor hopes to identify companies for the trust that represent the best relative values in the utility sector.

As of the Trust’s inception date (the “Inception Date”), the securities in each portfolio are approximately equally dollar weighted.

Principal Global InvestorsSM

Principal Global Investors is a diversified asset management organization and a member of the Principal Financial Group®, with expertise in equities, fixed income and real estate investments, as well as specialized overlay and advisory services. Principal Global Investors manages $110 billion in assets for retirement plans and other institutional clients.

“Principal Global InvestorsSM” is a service mark of Principal Financial Services, Inc. and has been licensed for use for certain purposes by Claymore Securities, Inc. The Trust is not Sponsored, endorsed, sold or promoted by Principal Financial Services, Inc., and Principal Financial Services, Inc. makes no representation regarding the advisability of investing in the Trust.

Risks and Other Considerations

As with all investments, you can lose money by investing in this Trust. The Trust also might not perform as well as you expect. This can happen for reasons such as these:

  • Stock prices can be volatile. The value of your investment may fall over time.
  • The Sponsor does not actively manage the portfolio. The Trust will generally hold, and may continue to buy, the same stocks even though the stock’s outlook or its market value or yield may have changed.
  • Share prices or dividend rates on the stocks may decline during the life of the Trust.
  • The Trust is concentrated in the utility industry. Adverse developments in this industry may significantly affect the value of your units. Companies involved in the utility industry must contend with environmental considerations, the difficulty of the capital market in absorbing utility debt, the difficulty in obtaining fuel at reasonable prices, taxes, government regulation, price and supply fluctuations, competition and energy conservation.

See “Risk Factors” in Part B of the Prospectus and “Investment Risks” in Part A 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.

© 2018 Guggenheim Investments. All Rights Reserved.

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This website is directed to and intended for use by citizens or residents of the United States of America only. The material provided on this website is not intended as a recommendation or as investment advice of any kind, including in connection with rollovers, transfers, and distributions. Such material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. All content has been provided for informational or educational purposes only and is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation. Investing involves risk, including the possible loss of principal.