The Dow Jones Select Dividend Index Strategy Portfolio, an enhanced index unit investment trust, consists of 20 dividend-paying stocks.
The portfolio seeks above-average total return. The portfolio seeks to achieve its objective by investing in a portfolio of stocks. The Dow Jones Select Dividend Index Strategy Portfolio consists of 20 securities selected from the 100 stocks within The Dow Jones Select Dividend Index and follows a simple investment strategy created and implemented by Horizon Investment Services, LLC,1 using its Quadrix®2 stock rating system.
The Dow Jones Select Dividend Index seeks to represent the top 100 U.S. stocks by dividend yield. The index is derived from the Dow Jones U.S. Index and generally consists of 100 dividend paying stocks that have 5 year non-negative Dividend Growth, 5 year Dividend Payout Ratio3 of 60% or less, and 3-month average daily trading volume of at least 200,000 shares.
1 Horizon Investment Services, LLC is the property of Horizon Investment Services, LLC, which is not affilliated with Invesco. Horizon Investment Services, LLC is being paid a license fee for the use of certain marks and is also being compensated for portfolio consultant services, including selection of securities for the trust.
2 Quadrix® is a proprietary system that seeks to identify factors that contribute to historical performance of a group of stocks.
3Measures what a company pays to investors in the form of dividends. Calculated by dividing the annual dividends per share by
the Earnings Per Share.
There is no assurance that a unit investment trust will achieve its investment objective. An investment in this unit trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. This trust is unmanaged and its portfolio is not intended to change during the trust's life except in limited circumstances. Accordingly, you can lose money investing in this trust.
Common stocks do not assure dividend payments. Dividends are paid only when declared by an issuer's board of directors and the amount of any dividend may vary over time.
This trust is concentrated in the utility industry. Because this trust is concentrated in the utility industry, it may be highly susceptible to any economic, political, or regulatory occurrences affecting this industry.
This trust is also concentrated in the financial institutions sector. There are potential risks of investing in a concentrated market sector such as financial services which has certain specific risks, including the potential adverse effects of economic recession, volatile interest rates, and state and federal regulations.
The trust should be considered as a part of a long-term investment strategy and you should consider your ability to pursue it by investing in successive trusts, if available. You will realize tax consequences associated with investing from one series to the next.
1The Trust will make distributions of income and capital on each monthly Distribution Date to Unit holders of record on the preceding Record Date, provided that the total cash held for distribution equals at least the amount set forth under the Essential Information section of the prospectus. Undistributed income and capital will be distributed in the next quarter in which the total cash held for distribution equals at least the amount set forth under the Essential Information section of the prospectus.
Estimated Annual Income Per Unit is as of the date listed in the prospectus and is based on the most recently declared monthly dividends or interim and final dividends accounting for any foreign withholding taxes. The actual net annual dividend distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends received, currency fluctuations and with the sale of securities. The actual net annual dividends are expected to decrease over time because a portion of the securities included in the trust will be sold over time to pay for organization costs. Securities may also be sold to pay regular fees and expenses during the trust's life.
2As of close of business day prior to Initial Date of Deposit. The actual distributions you may receive will vary from the estimated amount due to changes in the Portfolio's fees and expenses, in actual income received by the Portfolio, currency fluctuations and with changes in the Portfolio such as acquisition or liquidation of securities.
The trust portfolio is provided for informational purposes only and should not be deemed as a recommendation to buy or sell the individual securities shown above.
Weighted Average P/E is defined as the weighted average of the price/earnings ratio associated with each
security in the trust.The price/earnings for each security is defined as the ratio of the most recent day's closing
price for a given security divided by the related company's earnings per share for the previous year.
Weighted Average P/B is defined as the weighted average of the price to book ratio associated with each
security in the trust. The price to book for each security is defined as the ratio of the most recent day's closing
price for a given security divided by the most recently reported per share book value of the company.
Weighted Average Market Cap is defined as the weighted average of the market capitalization of each
security in the trust. The market capitalization for each security is defined as the most recent day's closing price for
a given security multiplied by the company's most recently reported diluted shares outstanding.
Weighted Average 1 Yr EPS Growth is defined as the weighted average of the 1 year earnings per share
growth associated with each security in the trust.The 1 year earnings per share growth for each security is defined as
the earnings per share growth from the most recently reported year relative to preceding year.
Average 3 Yr EPS Growth is defined as the weighted average of the 3 year earnings per share growth
associated with each security in the trust. The 3 year earnings per share growth for each security is defined as the
earnings per share growth from the most recently reported year relative to that from three years prior.
Weighted Average PEG Ratio is defined as the weighted average of the price to earnings growth ratio
associated with each security in the trust. The price to earnings growth ratio for each security is defined as the ratio
of the price/earnings divided by the 1 year earnings per share growth rate, as defined above.
Weighted Average Beta is defined as the weighted average of the beta associated with each security in the
trust. Beta is a measurement of risk that measures an investment's sensitivity to stock market movements.
Before investing, investors should carefully read the prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the trusts, investors should ask their advisors for a prospectus.
All data provided by Invesco unless otherwise noted.
Invesco's history of offering unit investment trusts began with the acquisition of the sponsor by Invesco Ltd. in June 2010. Invesco unit investment trusts are distributed by the sponsor, Invesco Capital Markets, Inc. (formerly Van Kampen Funds Inc.) and broker dealers including Invesco Distributors, Inc. Both firms are wholly owned, indirect subsidiaries of Invesco Ltd.