The Global Balanced Income Builder Portfolio, Series 22 ("Trust") seeks current income as the primary objective, with the potential for capital appreciation as a secondary objective.
|Wrap Fee Price||$10.1652|
|Remaining Deferred Sales Charge||$0.2250|
|Mandatory Maturity Date||9/29/2025|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.7750|
|Deferred Sales Charge Dates||
|Number of Holdings||80|
|Rate Fee Based||4.41%|
* 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.
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||49.61%|
|Weighted Average Price/Earnings (P/E) Ratio||16.40|
|Weighted Average Price/Book (P/B) Ratio||3.86|
|Weighted Average Market Cap (MM)||$73,589.24|
|Non US Common Stock||25.31%|
|US Common Stock||23.06%|
|Oil Gas & Consumable Fuels||5.55%|
|Consumer Staples Distribution & Retail||1.82%|
|Diversified Telecommunication Services||3.54%|
|Wireless Telecommunication Services||0.77%|
|Independent Power and Renewable Electricity Producers||0.92%|
|Metals & Mining||2.68%|
|Air Freight & Logistics||0.77%|
|Commercial Services & Supplies||0.89%|
|Semiconductors & Semiconductor Equipment||0.92%|
|Hotels Restaurants & Leisure||0.93%|
|High Yield Bond||9.87%|
|Emerging Markets Bond||3.75%|
|Emerging-Markets Local-Currency Bond||2.56%|
|High Yield Muni||1.26%|
|Intermediate Core Bond||1.24%|
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 global companies along with shares of exchange-traded funds (“ETFs”) that invest substantially all of their assets in fixed-income securities.
The Sponsor, with the assistance of Guggenheim Partners Investment Management, LLC (“GPIM”), an affiliate of Guggenheim Partners, LLC, has selected the securities to be included in the Trust’s portfolio. The Trust portfolio will invest a substantial amount of its assets, either directly or indirectly through its investment in ETFs, in securities from at least three different countries, as defined by Russell Investments. The Trust will, as of the initial date of deposit, invest at least 40% of its assets directly or indirectly in the securities of non-U.S. companies located in at least three different countries, as defined by Russell Investments.
The Sponsor and GPIM believe that companies that distribute significant dividends on a consistent basis generally demonstrate strong financial strength and positive performance relative to their peers. The common stocks selected will constitute approximately 50% of the Trust portfolio. These common stocks may be issued by small-, mid- and large-capitalization companies and by real estate investment Trusts.
Shares of ETFs that invest substantially all of their assets in fixed-income securities will make up the remaining 50% of the Trust portfolio. The fixed-income ETFs included in the portfolio invest in a wide range of both domestic and international debt securities rated investment-grade through below investment-grade or may be unrated but deemed to be of comparable quality by an ETF’s adviser. High-yield, below investment-grade securities or “junk” bonds are considered to be primarily speculative with respect to the issuer’s ability to make principal and interest payments and may be more volatile than higher rated securities of similar maturity. Additionally, they are subject to greater market, credit and liquidity risks than investment-grade securities.
Finally, the fixed-income ETFs included in the portfolio will invest in debt securities issued by foreign companies, including companies located in emerging markets. The Trust may invest in fixed-income ETFs that invest in municipal bonds, mortgage-backed securities, convertible securities, senior loans, floating rate securities, preferred securities, and U.S. Treasury securities.
United States Equity Strategy
Approximately 25% of the Trust portfolio will hold dividend-paying stocks of U.S. companies that have a history of at least 10 years of year-over-year dividend growth. To select the stocks the sponsor follows a disciplined process that includes both quantitative screening and qualitative analysis. The companies selected have attractive valuations, financial strength, cash flow adequacy, and a history of growth, profitability and dividend growth rates.
International Equity Strategy
Approximately 25% of the Trust portfolio will constitute common stocks selected according to a quantitative dividend strategy. These stocks may be dividend paying American Depositary Receipt (“ADR”) or New York Registry Share equity securities traded on an U.S. exchange or dividend paying U.S.-listed common stocks of foreign companies. The stocks may be from companies located in both developed and emerging markets.
Fixed-Income Exchange-Traded Funds
Approximately 50% of the Trust portfolio will constitute ETFs that invest substantially all of their assets in both domestic and international fixed-income securities. The Sponsor, with the assistance of GPIM, has selected fixed-income ETFs believed to have the best potential for current income and total return. When selecting the ETFs for the Trust, the Sponsor considers a number of factors, including but not limited to, the size, liquidity and daily trading volume, the current dividend yield, the strategy and investment objective, the fixed-income securities held by the ETF including their durations and credit exposure, the expense ratio and the overlap of the underlying fixed-income securities held by the ETFs.
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 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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