CFRDVX Floating Rate & Dividend Growth Portfolio
Objective
The trust seeks to provide current income and, as a secondary objective, the potential for capital appreciation. No assurance can be given that the trust’s investment objective will be achieved.
Strategy Description
Under normal circumstances, the trust will invest at least 80% of the value of its assets in a combination of dividend-paying equity securities, common shares of closed-end investment companies (“Closed-End Funds”) that invest substantially all of their assets in floating rate securities and shares of exchange traded funds (“ETFs”) that invest substantially all of their assets in floating rate securities. The trust seeks to provide current income with the potential for capital appreciation by investing approximately 50% of the portfolio in dividend paying equity securities that have historically increased their dividends and at least approximately 30% of the portfolio in ETFs and Closed-End Funds that invest substantially all of their assets in floating rate securities, which will include floating rate loans. The trust may also invest up to 20% of the portfolio in Closed-End Funds or ETFs that invest principally in various debt securities.
Summary Data
| Label | Value |
|---|---|
| Symbol | CFRDVX |
| Status | Primary |
| Sponsor | Guggenheim Funds Distributors |
| Series | Series 22 |
| Asset Class | Multi-Asset Allocation |
| Investment Strategy/Goal | Income & Capital Appreciation |
| Investment Type/Style | Tactical Allocation - Income |
Performance Disclosure
Cumulative returns of each unit investment trust series are based on distributions received in cash and recognized on the ex-dividend date and paid out on the payable date during the life of the unit investment trust. Returns are calculated excluding the Transactional Sales Charge for each unit investment trust series but does reflect the Creation & Development Fee and trust operating expenses as incurred for each unit investment trust series. The returns do not adjust for taxes. If adjusted or taxes, the effects of taxation would reduce the performance depicted.
Past performance is no indicator of future results. Investment return and principal value will fluctuate with changes in market conditions. An investment in units of a unit investment trust when redeemed may be worth more or less than the original investment.
Unit Investment Trust ("UIT") Investment Risks
There is no assurance that a unit investment trust will achieve its investment objective.
Unit investment trusts are unmanaged. You can lose money investing in unit investment trusts. When sold, units may be worth more or less than the original amount invested. Depending upon the specific product offering, investment risks include, but are not limited to, interest rate risk, credit risk, call risk and liquidity risk.
Product(s) discussed herein are not FDIC insured, may lose value, and are not bank guaranteed. You should not purchase an investment product or make an investment recommendation until you have read the specific offering documentation and understand the specific investment terms, features, risks, fees, charges and expenses of such investment.