Guggenheim Series 876 registers Limited Duration Portfolio units

By Tali David

Minneapolis, Jan. 27 - Guggenheim Defined Portfolios, Series 876 has registered units of its Limited Duration Portfolio of Funds, Series 19, according to an S-6 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 and the potential for capital appreciation. Under normal circumstances, the trust will invest at least 80% of the value of its assets in common shares of closed-end investment companies that invest in various income-oriented securities of different asset classes and shares of an ETF that invests substantially all of its assets in short-term U.S. Treasury bonds.

The trust will have a public offering price of $10 per unit. Each unit carries a maximum sales fee of 4.45%, which is comprised of a deferred sales fee of 3.95% and a creation and development fee of 0.5%. Sales charge reductions are available based on the amount of the investment.

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