Unit Trusts

Enhanced Sector Strategy, Sector Rotation Portfolio (ESRO0132)

The information shown relates to a trust that is no longer offered for sale. This information does not constitute an offer to sell, or a solicitation of an offer to buy units of the trust.

Strategy

The Enhanced Sector Strategy, Sector Rotation Portfolio invests in stocks from the three highest ranking sector indexes from within the Dow Jones U.S. Index, based on previous six-month simple average total return of the stocks from within each sector index.

From these three sector indexes Invesco will run their enhanced sector methodology to create a portfolio of 60 stocks (50 stocks, if the Telecommunications strategy is included). Each strategy is approximately equally weighted to make up the final Enhanced Sector Strategy, Sector Rotation Portfolio. The portfolio will generally not change throughout the life of the trust.

The Dow Jones U.S. Index
The Dow Jones U.S. Index represents 95% of the investable U.S. equity market and is part of The Dow Jones Global Indexes (DJGI), a family of comprehensive global indexes constructed to provide broad market coverage by world, region and country. Characteristics of the Dow Jones U.S. Index are as follow:

  • Consists of 10 Sector Indices - Basic Material, Consumer Goods, Consumer Services, Financials, Health Care, Industrials, Oil & Gas, Technology, Telecommunications and Utilities.
  • Complete asset class representation - consistent coverage of large-cap, mid-cap and small-cap stocks.
  • Float-adjusted market capitalization - accurately represents "investable" shares available for public purchase.
  • Quarterly component review - clearly stated rule-based regular review provides transparency and ensures invest ability of the Index.
  • Includes growth-oriented and value-oriented stocks.

The Dow Jones U.S. Index measures the performance of the U.S. equity broad market. The index is comprised of all the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index.

Selection Methodology

  1. Begin with the 10 Dow Jones U.S. sector indexes.
  2. Rank each sector index by previous average six-month simple average total return of the stocks from within each sector index and identify the three highest ranking sector indexes.
  3. Invest approximately equally into the three corresponding enhanced sector strategies.

Why Consider Investing in the Enhanced Sector Strategy, Sector Rotation Portfolio?

Targeting certain sectors may be an investment strategy for investors seeking to outperform the broader benchmark. The market has shown on a year-on-year basis there is often widespread disparity in returns across sectors. Choosing the right sectors at the right time may be difficult; investors often misjudge in which sectors to invest, how long to remain invested and what sectors to sell. The Enhanced Sector Strategy, Sector Rotation Portfolio provides investors with an investment strategy that seeks to outperform the Dow Jones U.S. Index.

Attributes of the Enhanced Sector Strategy, Sector Rotation Portfolio

  • Convenient and low-cost exposure to the three highest ranking sector indexes of the Dow Jones U.S. Index based on the six-month simple average total return of the stocks from within each sector index.
  • Quality, not quantity, approach—selecting specific stocks because of their potential to contribute more to overall performance.Through various screens, enhanced-index strategies may offer the potential to outperform their benchmark, in some cases.
 Read more
as of 02/28/2014

Style map

as of 04/23/2014

Country Breakdown

as of 04/23/2014

Sector Breakdown

as of 04/23/2014

Market Cap / Style Breakdown

  Trust Weighting (%) Dow Jones U.S. Index
Weighting (%)
Large-Cap Value 7.68 24.37
Large-Cap Blend 0.00 25.18
Large-Cap Growth 8.23 26.77
Mid-Cap Value 22.51 6.44
Mid-Cap Blend 23.32 6.52
Mid-Cap Growth 17.29 6.82
Small-Cap Value 5.71 1.56
Small-Cap Blend 6.91 1.45
Small-Cap Growth 4.76 0.89
Other 3.59 0.00
as of 04/23/2014

Keystats

Weighted Avg P/E 22.05
Weighted Avg P/B 3.37
Weighted Avg Market Cap (MM) $12,512.30
Weighted Avg 1 Yr EPS 22.62%
Weighted Avg 3 Yr EPS 33.47%
Weighted Avg PEG Ratio 1.98
Weighted Avg Beta 1.29
From 12/31/1992 - 12/31/2013
( Source Bloomberg, L.P. )

Hypothetical Performance of
$10,000 Investment

Annual Total Return

Standard Deviation Strategy Dow Jones U.S. Index
12/31/1992 - 12/31/2013 29.73% 19.26%
Annual Total Return Strategy Dow Jones U.S. Index
12/31/1993 24.28% 9.78%
12/31/1994 3.08% 0.21%
12/31/1995 41.40% 36.62%
12/31/1996 20.52% 22.02%
12/31/1997 38.87% 31.81%
12/31/1998 28.54% 24.90%
12/31/1999 119.54% 22.72%
12/31/2000 11.17% -9.23%
12/31/2001 12.03% -11.95%
12/31/2002 -0.42% -22.08%
12/31/2003 50.86% 30.75%
12/31/2004 17.39% 12.01%
12/31/2005 12.00% 6.33%
12/31/2006 17.49% 15.63%
12/31/2007 0.55% 6.14%
12/31/2008 -36.90% -37.15%
12/31/2009 38.74% 28.82%
12/31/2010 25.30% 16.72%
12/31/2011 -8.15% 1.38%
12/31/2012 12.85% 16.56%
12/31/2013 35.53% 32.96%
03/31/2014 1.77% 2.02%

Average Annual Total Return

Average Annual Return
(for the period ended 12/31/2013)
Strategy Dow Jones U.S. Index
1-Year 34.17% 32.96%
3-Year 11.62% 16.25%
5-Year 19.31% 18.76%
10-Year 9.01% 8.06%
15-Year 16.38% 5.30%
20-Year 18.64% 9.34%

The above graph represents a hypothetical $10,000 investment in the trust strategy (not any actual trust) and the associated benchmark over the period indicated in the graph. The graph assumes the sum of the initial investment ($10,000) and all dividends (including those on stocks trading ex-dividend as of the last day of the year) and appreciation during a year are reinvested at the end of that year.

All strategy performance is hypothetical (not any actual trust) and reflects trust sales charges (full sales charge in first year of 2.95% and reduced rollover charge thereafter of 1.95%) and expenses but not brokerage commissions on stocks or taxes. Past performance is no guarantee of future results. Actual returns will vary from hypothetical strategy returns due to timing differences and because the trust may not be invested equally in all stocks or be fully invested at all times. In any given year the strategy may lose money or underperform the index. Returns are calculated by taking year-end prices, subtracting them from the prices at the end of the following year (adjusting for any stock splits that might have occurred during the year) and adding dividends received for the period divided by starting price. Average annual total return and total return measure change in the value of an investment plus dividends, assuming quarterly reinvestment of dividends. Average annual total return reflects annualized change while total return reflects aggregate change and is not annualized. Standard deviation is a measure of volatility that represents the degree to which an investment's performance has varied from its average performance over a particular period. Standard deviation does not compare the volatility of an investment relative to other investments or the overall stock market. The more an investment's return varies from the investment's average return, the more volatile the investment. Standard deviation is based on past performance and is no guarantee of future results.

Please keep in mind that high, double-digit and/or triple-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions.

Indices are statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Such costs would lower performance. It is not possible to invest directly in an index. The historical performance of the indices are shown for illustrative purposes only; it is not meant to forecast, imply or guarantee the future performance of any particular investment or the trust, which will vary.

1The Portfolio will make distributions of income and capital on each specified Distribution Date to Unit holders of record on the preceding Record Date, provided that the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus. Undistributed income and capital will be distributed on the next Distribution Date in which the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus.

  The Estimated Annual Income per Unit is as of the date listed in the prospectus during the trust's initial offering period, and is updated each calendar quarter thereafter. This amount is based on the most recently declared dividends or interim and final dividends accounting for any foreign withholding taxes, but may also be based upon several recently declared dividends. The actual net annual distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends and distributions received, currency fluctuations and with the sale of trust securities. The actual net annual distributions 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.

  The portfolio may make distributions that represent a return of capital for tax purposes to the extent of the Unitholder's basis in the Units, and any additional amounts in excess of basis would be taxed as a capital gain. Generally, you will treat all capital gains dividends as long-term capital gains regardless of how long you have owned your Units. Unitholders should consult with their individual tax advisors.

2As of the 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.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this unit investment 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.

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.

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 invests in the consumer goods and services sectors. Companies that manufacture, distribute and provide consumer products face risks such as intense competition, the lack of serious barriers to entry for on-line entrants, economic recession and a slowdown in consumer spending trends.

This trust is also concentrated in the industrials sector. General risks of industrials companies include the general state of the economy, intense competition, consolidation, domestic and international politics, excess capacity and consumer spending trends.

This trust is concentrated in the energy sector. There are certain risks specific to the energy sector, including the potential adverse effect of state and federal regulation and increasing costs of natural resources.

Stocks of small capitalization companies are often more volatile than those of larger companies as a result of several factors such as limited trading volumes, products or financial resources, management inexperience and less publicly available information.

as of 04/24/2014

Cumulative Return (%)

Maximum Sales Charge: N/A
Year to Date (%) Since Deposit (%) 3 month (%) 6 month (%)
With Sales Charge N/A 26.73 N/A 7.62
Without Sales Charge 5.21 29.92 5.14 10.33
Dow Jones U.S. Index 1.51 20.26 1.42 6.66
as of 04/24/2014

Average Annual Return (%)

1 yr (%) 5 yr (%) 10 yr (%) Since Deposit (%)
With Sales Charge 33.83 N/A N/A 23.80
Without Sales Charge 37.15 N/A N/A 26.60
Dow Jones U.S. Index 20.65 N/A N/A 18.09

Performance data quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate and units, when redeemed, may be worth more or less than their original cost.

Returns are cumulative total returns (not annualized) unless labeled as average annual total returns. All returns reflect trust expenses as incurred and assume reinvestment of income and principal distributions, except for trusts that do not offer the option of reinvesting distributions into additional trust units. Please see the related trust prospectus for additional information. Returns do not reflect taxes.

A trust's performance, especially for short time periods, should not be the sole factor in making your investment decision. Please keep in mind that high, double-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions.

"Returns With Transactional Sales Charge" reflect the maximum transactional sales charge that would be payable by an investor upon sale or redemption of units at the end of the applicable period(s). The transactional sales charge includes any initial or deferred sales charges other than creation and development fee, if applicable. These returns do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee, if applicable, is reflected in the returns as of the time of payment by a trust. These returns reflect any deferred sales charges only if the charges would be payable upon a unit sale or redemption at or prior to the end of the applicable performance period(s). Certain trusts are no longer offered for sale to the public and, as a result, do not publish an offer price or have a sales charge. In these cases, returns will not reflect a sales charge if a trust was not actually offered for sale to the public on the first day of the applicable period because units of the trust could not have been purchased by an investor at that time. These returns will show 'N/A' for "With Transactional Sales Charge" data.

"Returns Without Transactional Sales Charge" do not reflect any transactional sales charge and do not reflect any applicable creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee, if applicable, is reflected in the returns as of the time of payment by a trust.

There is no assurance the trust will achieve its investment objective. An investment in this unit investment 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. Accordingly, you can lose money investing in this trust. The trusts are unmanaged and their portfolios are not intended to change during the trusts' lives except in limited circumstances. For a more complete discussion of the risks of investing in this trust, click on the Fact Card.

Performance Calculator

From   to

  Total Return
With Sales Charge 26.73%
Without Sales Charge 29.92%
Dow Jones U.S. Index 20.26%

Historical Pricing

From   to

Distributions

From   to

BID PRICE
Represents the net asset value per unit plus any remaining organization costs, deferred sales charge and creation and development fee. This price is not the purchase price of units and in many cases is not the price a unitholder would receive if the unitholder redeemed or sold units. Any remaining deferred sales charge payments are payable at the time a unit holder redeems or sells units.

LIQUIDATION PRICE
Represents the value per unit that a unitholder would receive if the unitholder redeemed or sold units. This price is equal to the net asset value per unit plus any remaining organization costs and creation and development fee. This price reflects any remaining deferred sales charges payable in connection with a liquidation of units.

OFFER PRICE
Represents the net asset value per unit plus any applicable organization costs and sales charges. This is the regular public offering price per unit paid to purchase units. This price is often subject to certain sales charge discounts described in a trust prospectus.

NET ASSET VALUE (NAV)
Represents the value per unit of a trust's portfolio securities and other assets reduced by trust expenses and other liabilities, including remaining organization costs, deferred sales charges and creation and the development fee.


This page contains historical pricing or historical income distributions information for the unit trust listed above. It should not be used for federal or state tax purposes. Please contact your financial advisor for tax information.

This information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state, or other jurisdiction to any person to whom it is not lawful to make such an offer. A trust that contains a state name in the trust name is generally available for sale only to investors in that state. The information shown may relate to a trust that is no longer offered to the public. In such a case, this information does not constitute an offer to sell, or a solicitation of an offer to buy units of the trust.

1The Portfolio will make distributions of income and capital on each specified Distribution Date to Unit holders of record on the preceding Record Date, provided that the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus. Undistributed income and capital will be distributed on the next Distribution Date in which the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus.

  The Estimated Annual Income per Unit is as of the date listed in the prospectus during the trust's initial offering period, and is updated each calendar quarter thereafter. This amount is based on the most recently declared dividends or interim and final dividends accounting for any foreign withholding taxes, but may also be based upon several recently declared dividends. The actual net annual distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends and distributions received, currency fluctuations and with the sale of trust securities. The actual net annual distributions 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.

  The portfolio may make distributions that represent a return of capital for tax purposes to the extent of the Unitholder's basis in the Units, and any additional amounts in excess of basis would be taxed as a capital gain. Generally, you will treat all capital gains dividends as long-term capital gains regardless of how long you have owned your Units. Unitholders should consult with their individual tax advisors.

2As of the 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.



About risk

There is no assurance the trust will achieve its investment objective. An investment in this unit investment 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.

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.

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 invests in the consumer goods and services sectors. Companies that manufacture, distribute and provide consumer products face risks such as intense competition, the lack of serious barriers to entry for on-line entrants, economic recession and a slowdown in consumer spending trends.

This trust is also concentrated in the industrials sector. General risks of industrials companies include the general state of the economy, intense competition, consolidation, domestic and international politics, excess capacity and consumer spending trends.

This trust is concentrated in the energy sector. There are certain risks specific to the energy sector, including the potential adverse effect of state and federal regulation and increasing costs of natural resources.

Stocks of small capitalization companies are often more volatile than those of larger companies as a result of several factors such as limited trading volumes, products or financial resources, management inexperience and less publicly available information.

as of 04/23/2014
Stocks Symbol Sector Market Cap/
Style
Weighting
(%)
Acacia Resh Corp ACTG Industrial Small-Cap Growth 0.75
Aecom Technology Corp ACM Industrial Small-Cap Value 1.32
Alliant Techsystems Inc ATK Industrial Mid-Cap Value 2.60
Archer Daniels Midland Co ADM Consumer Staples Large-Cap Value 1.74
Avnet Inc AVT Information Technology Mid-Cap Value 1.62
Be Aerospace Inc BEAV Industrial Mid-Cap Growth 1.90
Carrizo Oil & Gas Inc CRZO Energy Small-Cap Growth 2.75
Chevron Corp CVX Energy Large-Cap Value 1.39
Coca Cola Enterprises Inc CCE Consumer Staples Mid-Cap Value 1.59
Cst Brands, Inc. CST Consumer Discretionary Small-Cap Blend 0.10
Cummins Engine Inc CMI Industrial Large-Cap Growth 1.64
D R Horton Inc DHI Consumer Discretionary Mid-Cap Blend 1.14
Electronic Arts EA Information Technology Mid-Cap Growth 1.89
First Solar Inc FSLR Information Technology Mid-Cap Value 3.22
Fti Consulting Inc FCN Industrial Small-Cap Blend 1.24
Gentex Corp GNTX Consumer Discretionary Mid-Cap Blend 1.92
Harley Davidson Inc HOG Consumer Discretionary Mid-Cap Growth 1.66
Harman Intl Inds Inc HAR Consumer Discretionary Mid-Cap Growth 3.19
Herbalife Ltd HLF Consumer Staples Mid-Cap Blend 1.85
Hess Corporation HES Energy Large-Cap Value 1.59
Hollyfrontier Corporation HFC Energy Mid-Cap Value 1.23
Huntington Ingalls Industry HII Industrial Mid-Cap Blend 2.49
Idex Corp Dp IEX Industrial Mid-Cap Growth 1.78
Ingredion Inc INGR Consumer Staples Mid-Cap Value 1.24
Keurig Green Mountain Inc. GMCR Consumer Staples Other Other 2.18
Key Energy Svcs Inc KEG Energy Small-Cap Value 1.58
Lennar Corp LEN Consumer Discretionary Mid-Cap Growth 1.17
Linkedin Corporation LNKD Information Technology Large-Cap Growth 1.24
Manpowergroup, Inc. MAN Industrial Mid-Cap Blend 1.83
Marathon Oil Corporation MRO Energy Large-Cap Value 1.35
Michael Kors Holdings, Ltd. KORS Consumer Discretionary Large-Cap Growth 2.01
Mine Safety Appliances Co MSA Industrial Other Other 1.41
Monsanto Co MON Materials Large-Cap Growth 1.36
Murphy Oil Corp MUR Energy Mid-Cap Value 1.34
Murphy Usa, Inc. MUSA-W Consumer Discretionary Mid-Cap Blend 0.22
Nabors Indust Ltd NBR Energy Mid-Cap Blend 1.91
Oil States International, Inc. OIS Energy Mid-Cap Value 1.61
Oshkosh Truck Corp OSK Industrial Mid-Cap Value 1.78
Patterson-Uti Energy Inc PTEN Energy Mid-Cap Value 1.73
Polaris Industries PII Consumer Discretionary Mid-Cap Growth 1.92
Pulte Corp PHM Consumer Discretionary Mid-Cap Blend 1.18
Pvh Corporation PVH Consumer Discretionary Mid-Cap Blend 1.35
Rosetta Resources Inc. ROSE Energy Small-Cap Growth 1.26
Ryland Group Inc RYL Consumer Discretionary Small-Cap Blend 1.22
Sandrisge Energy, Inc. SD Energy Small-Cap Value 1.53
Seacor Hldgs Inc CKH Energy Small-Cap Blend 1.57
Superior Energy Svcs Inc SPN Energy Mid-Cap Blend 1.55
Tenneco Automotive TEN Consumer Discretionary Mid-Cap Blend 2.04
Tesoro Pete Corp TSO Energy Mid-Cap Value 1.21
Tidewater Inc TDW Energy Small-Cap Blend 1.37
Timken Co TKR Industrial Mid-Cap Blend 1.31
Toll Bros Inc TOL Consumer Discretionary Mid-Cap Blend 1.24
Toro Co TTC Industrial Mid-Cap Growth 1.68
Towers Watson & Company - Cl A TW Industrial Mid-Cap Growth 2.10
Triumph Group Inc TGI Industrial Mid-Cap Value 1.08
Tyson Foods Inc TSN Consumer Staples Mid-Cap Value 2.27
United Stationers Inc USTR Industrial Small-Cap Value 1.28
Valero Energy Corp VLO Energy Large-Cap Value 1.62
Vishay Intertechnology Inc VSH Information Technology Small-Cap Blend 1.42
Weatherford International, Inc. WFT Energy Large-Cap Growth 1.98
Wesco WCC Industrial Mid-Cap Blend 1.41
Whiting Petroleum Corporation WLL Energy Mid-Cap Blend 1.89

1The Portfolio will make distributions of income and capital on each specified Distribution Date to Unit holders of record on the preceding Record Date, provided that the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus. Undistributed income and capital will be distributed on the next Distribution Date in which the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus.

  The Estimated Annual Income per Unit is as of the date listed in the prospectus during the trust's initial offering period, and is updated each calendar quarter thereafter. This amount is based on the most recently declared dividends or interim and final dividends accounting for any foreign withholding taxes, but may also be based upon several recently declared dividends. The actual net annual distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends and distributions received, currency fluctuations and with the sale of trust securities. The actual net annual distributions 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.

  The portfolio may make distributions that represent a return of capital for tax purposes to the extent of the Unitholder's basis in the Units, and any additional amounts in excess of basis would be taxed as a capital gain. Generally, you will treat all capital gains dividends as long-term capital gains regardless of how long you have owned your Units. Unitholders should consult with their individual tax advisors.

2As of the 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.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this unit investment 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.

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.

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 invests in the consumer goods and services sectors. Companies that manufacture, distribute and provide consumer products face risks such as intense competition, the lack of serious barriers to entry for on-line entrants, economic recession and a slowdown in consumer spending trends.

This trust is also concentrated in the industrials sector. General risks of industrials companies include the general state of the economy, intense competition, consolidation, domestic and international politics, excess capacity and consumer spending trends.

This trust is concentrated in the energy sector. There are certain risks specific to the energy sector, including the potential adverse effect of state and federal regulation and increasing costs of natural resources.

Stocks of small capitalization companies are often more volatile than those of larger companies as a result of several factors such as limited trading volumes, products or financial resources, management inexperience and less publicly available information.

as of 04/24/2014

ESRO0132

  • Offer Price -
  • WRAP Price -
  • Bid Price $12.65060
  • Liquidation Price $12.65060

Trust Specifics

  • Mar 14, 2013 Deposit Date
  • Mar 14, 2013 -
    Jun 12, 2013
    Scheduled
    Primary Offering
    Period
  • ISRPFX Nasdaq Symbol
  • 15 months Term of Trust
  • Jun 13, 2014 Termination Date
  • Tax Status:
    Regulated Investment Company
  • Public Offering Price
    (End of deposit date) $10.00000
  • Sales Charge Schedule
  • Sales Charge Volume Discount
  • Est. Net Annual
    Income1 $0.062650
  • Initial Payable Date2 Jul 25, 2013
  • Initial Record Date2 Jul 10, 2013
  • Re-Investment Options:
    Reinvest, Cash, Wrap Reinvest, Wrap Cash
  • Estimated Frequency of Offering:
    3 months
CUSIPs Regular CUSIP Wrap Fee
Cash CUSIP 46133L668 46133L684
Re-invest CUSIP 46133L676 46133L692
Investors in fee-based accounts will not be assessed the initial or deferred sales charges for eligible fee-based purchases and must purchase units with a Wrap Fee CUSIP.