SMPPMX Preferreds Plus Trust

Objective

The trust seeks to provide investors with current income and the possibility of capital appreciation. There is no guarantee that the investment objective of the trust will be achieved.

Strategy Description

The trust seeks to provide investors with current income and the possibility of capital appreciation by investing in an unmanaged, diversified portfolio of preferred securities plus common stock of target-maturity exchange-traded funds (“ETFs”) with each ETF investing substantially all of its assets in foreign and domestic corporate bonds.

The trust’s portfolio is divided into two asset segments as of the trust’s inception: at least 90% of the trust’s net assets invested in preferred securities; and up to 10% of the trust’s net assets invested in common stock of ETFs. Preferred securities are defined for this purpose as preferred stocks, trust preferred securities and subordinated or junior notes and debentures.

Summary Data

Label Value
Symbol SMPPMX
Status
Sponsor
Series Series 13
Asset Class
Investment Strategy/Goal
Investment Type/Style

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.