The Kensho Space Exploration & Innovation Portfolio, Series 11 ("Trust") seeks to maximize total return primarily through capital appreciation.
|Wrap Fee Price||$9.5509|
|Remaining Deferred Sales Charge||$0.2250|
|Mandatory Maturity Date||12/18/2023|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.7750|
|Deferred Sales Charge Dates||
|Number of Holdings||33|
|Rate Fee Based||0.48%|
* 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||25.46|
|Weighted Average Price/Book (P/B) Ratio||4.19|
|Weighted Average Market Cap (MM)||$36,575.78|
|US Common Stock||97.41%|
|Non US Common Stock||2.59%|
|Aerospace & Defense||53.99%|
|Electronic Equipment Instruments & Components||11.55%|
|Semiconductors & Semiconductor Equipment||2.47%|
|Diversified Telecommunication Services||3.58%|
|Containers & Packaging||2.59%|
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 equity securities of companies engaged in the investment theme of space exploration. Space exploration is defined as leading, enabling or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. The Trust invests in equity securities of companies with products and/or services associated with specific areas of innovation related to space exploration. The Trust seeks to substantially replicate the S&P Kensho SpaceSM Index (the “Index”) as of the security selection date. The Trust may invest in U.S.-listed securities, including U.S.-listed foreign securities and American Depositary Receipts (“ADRs”). The U.S.-listed securities may include companies located in emerging markets. Additionally, the Trust may invest in companies with small-, mid- and large-capitalizations.
As a result of this strategy, the Trust is concentrated in the industrials sector.
The Trust generally invests in the securities comprising the Index in proportion to their weightings in the Index. The Index selects securities based on the following criteria:
The Index will be rebalanced after the date of deposit and the securities in the Index may fluctuate during the life of the Trust. The Trust will not rebalance its portfolio or track the Index during its lifetime. The Index provider for the Trust is S&P Dow Jones Indices LLC (“S&P DJI”), who is not affiliated with the Trust.
The Trust will only invest in the securities that comprise the Index as of the security selection date and weighs them in accordance with the Index. However, the Trust may exclude securities that are in the Index if a security has a pending merger or acquisition that will lead to delisting of the security or if a security is subject to possible future delisting due to announced pending corporate actions. If any security in the Index is removed, the Trust will redistribute the weight of the removed securities across the remaining securities in a pro-rata manner. As of the security selection date, the Trust will include 33 of the 34 securities in the Index. Please note that due to the fluctuating nature of security prices, the weighting of an individual security in the Trust portfolio may change after the security selection date.
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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