Guggenheim's series 830 portfolio targets alternative energy stocks

By Toni Weeks

San Diego, Oct. 20 - Guggenheim Define Portfolios, Series 830 has registered units of its series 14 Renewable and Alternative Energy Portfolio, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Lisle, Ill.-based Guggenheim Funds Distributors, Inc.

The trust seeks to maximize total return through capital appreciation and consists of a portfolio of 35 domestic and foreign securities of companies that focus on at least one renewable and alternative energy business category, including solar power, wind power, biomass, hydrogen, fuel cell, nuclear, geothermal and hydroelectric.

On the Oct. 20 inception date, the principal amount of the trust was $163,526, consisting of 16,518 units priced at $10 apiece and with a net asset value of $9.525 each.

The units carry a maximum sales fee of 3.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 2.45% and a creation and development fee of 0.5%. Sales charge reductions of up to 1.5% of the public offering price are available based on the amount of the investment.

The trust is scheduled to terminate in roughly two years.

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