The Global 100 Dividend Strategy Portfolio, Series 24 ("Trust") seeks to provide dividend income.
|Wrap Fee Price||$10.7784|
|Remaining Deferred Sales Charge||$0.1350|
|Mandatory Maturity Date||12/17/2021|
|NASDAQ Ticker Symbol||CGONYX|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.8650|
|Deferred Sales Charge Dates||
|Number of Holdings||101|
|Rate Fee Based||4.71%|
* 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.
|Weighted Average Price/Earnings (P/E) Ratio||22.47|
|Weighted Average Price/Book (P/B) Ratio||3.77|
|Weighted Average Market Cap (MM)||$43,613.22|
|Non US Common Stock||49.10%|
|US Common Stock||46.18%|
|Containers & Packaging||1.10%|
|Metals & Mining||2.78%|
|Semiconductors & Semiconductor Equipment||3.43%|
|Technology Hardware Storage & Peripherals||5.20%|
|Commercial Services & Supplies||0.99%|
|Road & Rail||3.22%|
|Trading Companies & Distributors||2.23%|
|Diversified Consumer Services||1.10%|
|Hotels Restaurants & Leisure||3.22%|
|Textiles Apparel & Luxury Goods||0.78%|
|Oil Gas & Consumable Fuels||9.83%|
|Independent Power and Renewable Electricity Producers||1.07%|
|Mortgage Real Estate Investment Trusts (REITs)||3.95%|
|Food & Staples Retailing||0.96%|
|Health Care Providers & Services||2.04%|
|Diversified Telecommunication Services||4.38%|
|Wireless Telecommunication Services||2.74%|
|Equity Real Estate Investment Trusts (REITs)||0.76%|
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
Under normal circumstances, the Trust will invest at least 80% of the value of its assets in dividend-paying securities. The Trust seeks to provide dividend income by investing in a portfolio of U.S. and international equity securities. The Sponsor will select 100 equally-weighted securities as of the Security Selection Date, defined below, for inclusion in the Trust, of which 50 securities will be selected using the U.S. 50 Dividend Strategy and 50 securities will be selected using the International 50 Dividend Strategy. The international equity securities held by the Trust may include securities issued by companies located in countries considered to be emerging markets. As of the date of deposit, the Trust will invest at least 40% of its assets in the securities of non-U.S. companies located in at least three different countries, as defined by Russell Investments. In addition, the Trust may invest in securities of companies with small-, mid- and large-capitalizations. The Trust may include securities of real estate investment Trusts (“REITs”).
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 Sponsor and GPIM believe that companies that distribute significant dividends on a consistent basis generally demonstrate financial strength and positive performance relative to their peers.
The Trust’s portfolio was constructed and the securities were selected on September 10, 2020 (the “Security Selection Date”) using the two quantitative strategies listed below.
U.S. 50 Dividend Strategy
International 50 Dividend Strategy
In the event that less than 50 securities are available for the International 50 Dividend Strategy, no additional securities will be selected for this strategy and, as a result, the final portfolio will have less than 100 securities. The securities chosen for the final portfolio will be equality-weighted as of the Security Selection Date and, accordingly, each security will be greater than 1% of the Trust portfolio on the Security Selection Date. Regardless of the number of securities in the final portfolio, the minimum selection criteria discussed in each strategy will be met.
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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