Guggenheim Series 880 offers Global High Dividend & Growth units

By Tali David

Minneapolis, March 22 - Guggenheim Defined Portfolios, Series 880 is offering 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 seeks to provide current income with the potential for capital appreciation by using three different quantitative strategies to determine the constituents of the final portfolio. The portfolio is a blend of securities selected from the following strategies: the Guggenheim ABC High Dividend, the Guggenheim Inflation Defense & Dividend Strategy and the Zacks Income Strategy.

On its March 22 inception date, $324,023 in contracts to purchase securities comprised the trust. The 32,729 units each have a public offering price of $10 and a net asset value of $9.625 per unit.

The units each carry a maximum sales charge of 2.95%, consisting of a 1% initial sales charge, a 1.45% deferred sales charge and a 0.5% creation and development fee. Sales charge reductions of up to 1.5% of the public offering price are available, depending on the amount of the investment.

The trust has a mandatory termination date of June 24, 2013.

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