The Guggenheim International Dividend Strategy Portfolio, Series 40 ("Trust") seeks to provide total return primarily through capital appreciation and dividend income.
|Wrap Fee Price||N/A|
|Remaining Deferred Sales Charge||$0.0000|
|Mandatory Maturity Date||10/2/2019|
|NASDAQ Ticker Symbol||CMVPOX|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.8650|
|Deferred Sales Charge Dates||
|Number of Holdings||31|
|Historical Annual Dividend Distribution*||$0.4849|
* The Historical Annual Dividend Distribution is as of the date of deposit and subject to change. The amount of distributions paid by the Trust’s securities may be lower or greater than the above-stated amount 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. Fees and expenses of the Trust may vary as a result of a variety of factors including the Trust’s size, redemption activity, brokerage and other transaction costs and extraordinary expenses.
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||15.77|
|Weighted Average Price/Book (P/B) Ratio||2.93|
|Weighted Average Market Cap (MM)||$71,664.71|
|Non US Common Stock||96.91%|
|US Common Stock||3.09%|
|Oil Gas & Consumable Fuels||24.23%|
|Diversified Telecommunication Services||7.27%|
|Wireless Telecommunication Services||12.98%|
|Health Care Equipment & Supplies||0.51%|
|Semiconductors & Semiconductor Equipment||2.26%|
|Technology Hardware Storage & Peripherals||6.19%|
|Metals & Mining||2.62%|
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 total return primarily through capital appreciation and dividend income by investing in a portfolio of international equity securities listed on public U.S. securities exchanges. The international equity securities held by the Trust may include the securities issued by companies headquartered in countries considered to be emerging markets. The Trust’s strategy is to capture international growth potential, while applying dividend income to counterbalance global economic volatility and to potentially insulate the Trust from further potential domestic slowdown. As a result of this strategy, the Trust invests significantly in the energy sector, the financials sector and the telecommunication services sector and is concentrated in securities issued by companies headquartered or incorporated in Europe.
The Sponsor, with the assistance of Guggenheim Partners Investment Management, LLC (“GPIM”), an affiliate of the Sponsor and 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 demonstrate strong financial strength and positive performance relative to their peers.
The Trust’s portfolio was constructed and the securities were selected five business days prior to the initial date of deposit (the “Security Selection Date”) using the Security Selection Rules and the Portfolio Diversification & Concentration Rules outlined below.
Security Selection Rules:
In constructing the Trust’s portfolio, 30 securities were selected based on the following fundamentally based quantitative criteria as of the Security Selection Date. Except as set forth herein, the investment strategy utilizes information provided by FactSet.
Portfolio Diversification & Concentration Rules:
The Trust’s portfolio will consist of 30 securities, equally weighted as of the Security Selection Date, using the Security Selection Rules outlined above that also satisfy the Portfolio Diversification & Concentration Rules below:
If the initial portfolio violates either diversification rule, then the lowest ranked security (using the Dividend Yield Rank) that violates either rule is replaced by the next highest ranked security that does not violate a diversification rule. This is continued until the diversification rules are satisfied.
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.
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 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.
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