Investment Objective
The Diversified Dividend & Income Portfolio, Series 37 ("Trust") seeks to provide dividend income potential coupled with the potential for long-term capital appreciation.
Principal Investment Strategy
Selection Criteria
Risks and Other Considerations
Portfolio Information
Offer Price | N/A |
Wrap Fee Price | N/A |
Liquidation Price | $10.3423 |
Remaining Deferred Sales Charge | $0.0000 |
Cash | 40177J721 |
Reinvest | 40177J739 |
Fee/Cash | 40177J747 |
Fee/Reinvest | 40177J754 |
Inception Date | 9/8/2022 |
Non-Reoffered Date | 3/8/2023 |
Mandatory Maturity Date | 9/9/2024 |
Ticker Symbol | CDDILX |
Trust Structure | Grantor |
Inception Unit Price | $10.0000 |
Inception Liquidation Price | $9.7750 |
Deferred Sales Charge Dates | Apr 2023 May 2023 Jun 2023 |
Term | 2 Years |
Number of Holdings | 40 |
Per Unit | $0.2405 |
Rate | - |
Rate Fee Based | - |
* 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.
Portfolio Holdings Analysis
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 | 27.25 |
Weighted Average Price/Book (P/B) Ratio | 5.38 |
Weighted Average Market Cap (MM) | $134,005.90 |
Value | Growth | Total | |
Large-Cap | 48.75% | 19.42% | 68.17% |
Mid-Cap | 23.66% | 2.57% | 26.23% |
Small-Cap | 5.59% | -- | 5.59% |
Total | 78.00% | 22.00% | 100.00% |
US Common Stock | 95.69% |
REIT | 4.31% |
Total | 100.00% |
Market Cap Breakdown
Style Breakdown
United States | 100.00% |
Total | 100.00% |
North America | 100.00% |
Total | 100.00% |
Developed | 100.00% |
Total | 100.00% |
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 StrategyThe Trust consists of a diversified portfolio of dividend-paying equity securities. The Sponsor believes that dividends are often a good indicator of a corporation’s current financial condition and, furthermore, may signal management’s belief in a profitable future for the corporation. Investors seeking to return to the often volatile equity markets may consider the income available from a group of dividend-paying securities as a logical first step toward reentry into such markets. However, there can be no assurance that any security held by the Trust will meet the Trust’s objective. |
Selection CriteriaThe Sponsor selects domestically-traded companies that it believes are core holdings of a diversified dividend-paying portfolio. To select the portfolio the Sponsor follows a disciplined process which includes both quantitative screening and qualitative analysis. The Sponsor begins with the companies currently in the Russell 3000® Index and identifies a universe of securities with higher indicated dividend yields than their average counterpart within the same Global Industry Classification Standards (“GICS”) sector. From this universe of approximately 400 companies, the Sponsor identifies companies for inclusion in the portfolio through a qualitative analysis, which may be primarily based on, but not limited to, the following factors:
For the final step the Sponsor weights the selected securities such that the portfolio has no more than approximately 20% of its net assets (as of the date of deposit) in any one given GICS sector. Please note that due to the fluctuating nature of security prices, the weighting of a sector in the Trust portfolio may change after the date of deposit. The Sponsor believes that one factor that may provide increased returns for shareholders over long periods of time is dividend reinvestment. Reinvesting dividends has historically had a significant compounding effect on investor returns. However, there is no guarantee that dividend reinvestment will have such a compounding effect on investor returns in the future. |
Risks and Other ConsiderationsAs 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 Partners Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management. Securities offered through Guggenheim Funds Distributors, LLC.
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The information you provided is related to the Diversified Dividend & Income Portfolio, Series 37 ("Trust") offered by Guggenheim Investments. This trust aims to provide dividend income potential along with the potential for long-term capital appreciation. The trust consists of a diversified portfolio of dividend-paying equity securities. The selection criteria for the portfolio include factors such as cash-flow adequacy, balance sheet strength, valuation attractiveness, industry leadership, and growth prospects [[1]].
The trust's portfolio holdings analysis shows that it primarily invests in US common stocks, with a small allocation to REITs (Real Estate Investment Trusts). The market cap breakdown of the portfolio indicates a significant allocation to large-cap stocks, followed by mid-cap and small-cap stocks. The trust's holdings are spread across various sectors, including financials, information technology, health care, industrials, consumer staples, consumer discretionary, communication services, energy, materials, real estate, and utilities. The largest sector allocation is in financials, followed by information technology and health care [[1]].
The trust's investment strategy focuses on selecting domestically-traded companies that are core holdings of a diversified dividend-paying portfolio. The sponsor follows a disciplined process that includes quantitative screening and qualitative analysis. The sponsor starts with companies in the Russell 3000® Index and identifies securities with higher indicated dividend yields than their average counterparts within the same industry sector. From this universe of companies, the sponsor selects securities based on qualitative factors such as cash-flow adequacy, balance sheet strength, valuation attractiveness, industry leadership, and growth prospects. The selected securities are then weighted in the portfolio to ensure diversification across industry sectors [[1]].
It's important to note that investing in the trust carries certain risks. The value of the securities held by the trust can be volatile, and the market value can fluctuate in response to various factors such as stock market movements, government policies, litigation, and changes in interest rates. Changes in legal, political, regulatory, tax, and economic conditions can also impact the value of the trust. Additionally, the trust invests in small- and mid-cap companies, which generally involve more investment risk than large-cap companies. The trust is also subject to risks related to cybersecurity breaches, operational factors, and inflation. Investors should carefully consider these risks before investing in the trust [[1]].
Please note that the information provided is based on the search results and the details you provided. It's always a good idea to refer to the trust's prospectus for complete and up-to-date information before making any investment decisions.