The Dow Jones Value Dividend Focus Portfolio, Series 31 ("Trust") seeks to provide total return primarily through capital appreciation and current dividend income by investing in a portfolio of common stocks.
|Wrap Fee Price||N/A|
|Remaining Deferred Sales Charge||$0.0000|
|Mandatory Maturity Date||3/15/2019|
|NASDAQ Ticker Symbol||CRBDFX|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.8650|
|Deferred Sales Charge Dates||
|Number of Holdings||49|
|Historical Annual Dividend Distribution||$0.3848|
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||28.74|
|Weighted Average Price/Book (P/B) Ratio||6.00|
|Weighted Average Market Cap (MM)||$47,432.53|
|US Common Stock||84.62%|
|Mortgage Real Estate Investment Trusts (REITs)||8.08%|
|Thrifts & Mortgage Finance||2.36%|
|Independent Power and Renewable Electricity Producers||4.04%|
|Food & Staples Retailing||1.57%|
|Hotels Restaurants & Leisure||3.10%|
|Health Care Providers & Services||4.95%|
|Diversified Telecommunication Services||3.38%|
|Air Freight & Logistics||1.65%|
|Oil Gas & Consumable Fuels||7.38%|
|Semiconductors & Semiconductor Equipment||1.75%|
|Equity Real Estate Investment Trusts (REITs)||4.20%|
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 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 U.S.-listed common stocks held by the Trust may include the common stocks of U.S. and non-U.S. companies. The Trust may include securities of real estate investment Trusts (“REITs”).
As a result of the strategy, the Trust is concentrated in the consumer products sector and invests significantly in the financial sector.
The Trust’s portfolio is constructed and the securities are selected using the methodology described below.
GIQ Implied Stock Risk Premium
The Santa Monica Quantitative (SMQ) Alpha Score seeks to measure the market implied discount rate (in excess to risk free rates) that is embedded in the price of a company’s stock. To determine the Alpha Score for a given company, the company’s future cash flows are estimated through a forward-looking discounted free cash flow (“FCF”) model that takes into account each firm’s current balance sheet composition, returns on capital, and normalization assumptions that include excess returns on capital approaching industry average levels over a long-term horizon. The market price of the stock of each firm is used to solve for the discount rate that is required to equate future modeled cash flow streams to current equity value.
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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• Not FDIC Insured • No Bank Guarantee • May Lose Value
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