The Balanced Income Builder Portfolio, Series 31 ("Trust") seeks current income as the primary objective, with the potential for capital appreciation as a secondary objective.
|Wrap Fee Price||$10.2768|
|Remaining Deferred Sales Charge||$0.2250|
|Mandatory Maturity Date||4/20/2022|
|NASDAQ Ticker Symbol||CGBIFX|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.7750|
|Deferred Sales Charge Dates||
|Number of Holdings||37|
|Historical Annual Dividend Distribution*||$0.4087|
* The Historical Annual Dividend Distribution (HADD) is as of the day prior to trust deposit and subject to change. 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 rate. The HADD is the weighted average of the trailing twelve-month distributions paid by the securities included in the portfolio and is reduced to account for the effects of fees and expenses, which will be incurred when investing in the Trust. The HADD 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.
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||49.16%|
|Weighted Average Price/Earnings (P/E) Ratio||13.56|
|Weighted Average Price/Book (P/B) Ratio||4.08|
|Weighted Average Market Cap (MM)||$64,849.86|
|US Common Stock||46.74%|
|Containers & Packaging||3.86%|
|Metals & Mining||2.34%|
|Health Care Providers & Services||2.12%|
|Semiconductors & Semiconductor Equipment||2.07%|
|Technology Hardware Storage & Peripherals||2.02%|
|Diversified Telecommunication Services||1.92%|
|Oil Gas & Consumable Fuels||2.13%|
|Air Freight & Logistics||1.93%|
|Equity Real Estate Investment Trusts (REITs)||1.71%|
|Muni National Interm||4.91%|
|Intermediate Core Bond||4.89%|
|Emerging-Markets Local-Currency Bond||3.10%|
|High Yield Muni||3.06%|
|High Yield Bond||2.96%|
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 exchangetraded 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 common stocks in the Trust are selected according to the quantitatively-selected US High Dividend Strategy described below. The U.S.-listed common stocks held the Trust may include the common stocks of U.S. and non-U.S. companies of small-, mid- or large-capitalizations. The non-U.S. companies may be companies located in emerging markets. Certain of the common stocks included in the Trust portfolio are issued by real estate investment Trusts (“REITs”).
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 according to the US High Dividend Strategy will constitute approximately 50% of the Trust portfolio.
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 may invest in all types of fixed-income securities, including but not limited to mortgage-backed securities, senior loans, municipal bonds, Treasury bonds, preferred securities and floating rate securities. 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 investmentgrade securities.
The fixed-income ETFs included in the portfolio will invest in debt securities with shortterm, medium-term and long-term maturities. Typically fixed-income securities with longer periods before maturity are more sensitive to interest rate changes.
Finally, the fixed-income ETFs included in the portfolio will also invest in debt securities issued by foreign companies, including companies located in emerging markets.
US High Dividend Strategy Approximately 50% of the Trust portfolio will constitute the common stocks selected according to the US High Dividend Strategy. These stocks were selected on April 13, 2020 (the “Security Selection Date”) using the security selection rules described below.
Security Selection Rules:
In constructing the common stock component of the Trust’s portfolio, securities will be selected based on the following fundamentally based quantitative criteria:
Please note that due to the fluctuating nature of security prices, the weighting of an individual security or sector in the Trust portfolio may change after the Security Selection Date.
Fixed-Income Exchange-Traded Funds
Approximately 50% of the Trust portfolio will constitute ETFs that invest substantially all of their assets in fixed-income securities. The Sponsor, with the assistance of GPIM, has selected fixed-income ETFs believed to have the best potential for current income. 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, 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 Corporate Funding, LLC, Guggenheim Partners Europe Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management. Securities offered through Guggenheim Funds Distributors, LLC.
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