E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/7/2012 in the Prospect News Fund Daily.

Guggenheim Series 880 registers units of its Global High Dividend & Growth Blueprints Portfolio

By Tali David

Minneapolis, March 7 - Guggenheim Defined Portfolios, Series 880 registered units of its Global High Dividend & Growth Blueprints Select Portfolio, Series 4, 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 will seek to provide current income with the potential for capital appreciation by using three different strategies to determine the constituents of the final portfolio: the Guggenheim ABC High Dividend, the Guggenheim Inflation Defense & Dividend Strategy and the Zacks Income Advantage Strategy.

The units will have a public offering price of $10. Each unit carries a maximum sales fee of 2.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 1.45% and a creation and development fee of 0.5%. Sales charge reductions of up to 1.5% are available based on the amount of the investment.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.