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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.
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