IBBLLX Buyback Leaders Portfolio

Objective

The Portfolio seeks to provide the potential for above average capital appreciation. The Sponsor cannot guarantee that the portfolio will achieve its objective.

Strategy Description

The Portfolio seeks to achieve its objective by investing in a portfolio of common stocks of companies that have repurchased significant amounts of their own stock, also known as "buybacks", over the past 12 months. The stocks in the Portfolio are derived from the S&P 500 Buyback Index which consists of the top 100 stocks in the S&P 500 Index with the highest buyback ratios over the past 12 months. A company's buyback ratio measures the amount of cash paid for common share buybacks over the past 12 months, divided by the total market capitalization of common shares at the beginning of the buyback period.

Summary Data

Label Value
Symbol IBBLLX
Status
Sponsor
Series 2020-2
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.