The Strategic Income Portfolio, Series 100 ("Trust") seeks to provide current income and the potential for capital appreciation by investing in common shares of closed-end investment companies (“Closed-End Funds”) that are considered to be income funds.
What is the Strategic Income Portfolio?
The trust is a strategic allocation by Guggenheim Funds of various income-oriented Closed-End Funds containing securities of different asset classes. These may include, but are not limited to:
|Wrap Fee Price||$9.3130|
|Remaining Deferred Sales Charge||$0.1350|
|Mandatory Maturity Date||4/4/2019|
|NASDAQ Ticker Symbol||CFSIBX|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.8650|
|Deferred Sales Charge Dates||
|Number of Holdings||34|
|Historical Annual Dividend Distribution||$0.7655|
|Trust Weighted Average||-6.52%|
|Closed-End Fund ("CEF") Universe Average||-6.48%|
* Closed-end funds may trade at a premium or discount to their net asset value (“NAV”). The Premium/Discount shown is for the underlying securities held by the closed-end funds in the UIT. This is the weighted average of all the CEFs in portfolio.
|Senior Loan Funds||8.28%|
|US Hybrid (Growth & Income)||3.16%|
|US General Equity||3.06%|
|Global Equity Dividend||2.99%|
|Global Hybrid (Growth & Income)||2.91%|
|Real Estate (US)||2.89%|
|Weighted Average Leverage Ratio**||23.96%|
** The Total value of the fund’s outstanding leverage presented as a percentage of total assets.
Example: Percentage of Total Assets represented by leverage.(e.g., Total Assets = $200M; Net Assets = $160M; Leverage = $40M. Leverage = 20%, calculated by dividing $40M by $200M.)
Premium/Discount and 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 closed-end funds in the UIT. 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.
The Closed-End Fund (“CEF”) Universe is comprised of all CEFs currently listed on U.S. exchanges.
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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 will invest 100% of its assets in Closed-End Funds that are considered to be income funds. Guggenheim Funds, through proprietary research and strategic alliances, will strive to select Closed-End Funds featuring the potential for current income, diversification and overall liquidity.
The Sponsor has selected Closed-End Funds for the portfolio believed to have the best potential to achieve the Trust’s investment objective. The Closed-End Funds’ portfolios consist primarily of income-producing securities, including: high-yield securities or “junk” bonds; convertible bonds; preferred securities; REITs; corporate bonds; government bonds; international bonds; and equities.
When selecting Closed-End Funds for inclusion in the portfolio the Sponsor looks at numerous factors. These factors include, but are not limited to:
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:
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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