Guggenheim Funds Investment Advisors, LLC, is pleased to announce that today the following Guggenheim Funds Exchange-Traded Funds (“ETFs”) have declared regular and periodic year-end distributions. The table below summarizes the distribution schedule for each Fund declaring a distribution.
Please note that some of the funds listed below were impacted by Passive Foreign Investment Company (PFIC) tax adjustments. PFICs are generally defined as non-U.S. corporations with 50% or more of their assets invested in cash or securities, or 75% or more of their gross income originating from passive sources. Passive sources include, but are not limited to rents, interest and dividends. As such, these foreign companies primarily generate their revenue from investments versus operations. The approximate percentage of the total distribution that resulted from the fund holding PFICs was as follows: EEB (1.3%), EEN (23.8%), XGC (6.9%), FAA (100%) and CQQQ (2.9%).
For All Funds: Ex-Date: 12/27/2010 Record Date: 12/29/2010 Payable Date: 12/31/2010
|$ 0.179||-||-||-||$ 0.179|
|$ 0.186||-||-||-||$ 0.186|
|$ 0.107||-||-||-||$ 0.107|
|$ 0.163||-||-||-||$ 0.163|
|$ 0.071||$ 0.294||$ 0.249||$0.182||$ 0.796|
1The name of the Fund will be changing to the Guggenheim Enhanced Core Bond ETF and the Fund’s ticker symbol will change to GIY, anticipated to occur on January 24, 2011 (or as soon as possible thereafter upon receipt of necessary regulatory approvals from the Securities and Exchange Commission). At that time, the Fund’s investment objective will change. The Guggenheim Enhanced Core Bond ETF’s investment objective will be to seek total return, comprised of income and capital appreciation. At that time, the Fund will cease to operate as an index-based ETF, and will begin to operate as an actively managed ETF. 2The name of the Fund will be changing to the Guggenheim Enhanced Ultra-Short Bond ETF and the Fund’s ticker symbol will change to GSY, anticipated to occur on January 24, 2011 (or as soon as possible thereafter upon receipt of necessary regulatory approvals from the Securities and Exchange Commission). At that time, the Fund’s investment objective will change. The Guggenheim Enhanced Ultra-Short Bond ETF’s investment objective will be to seek maximum current income, consistent with preservation of capital and daily liquidity. At that time, the Fund will cease to operate as an index-based ETF, and will begin to operate as an actively managed ETF. 3Prior to August 20, 2010, the Fund’s name was Claymore/Sabrient Stealth ETF and the Fund sought to replicate an index called the Sabrient Stealth Index.
Past performance is not indicative of future performance. To the extent any portion of the distribution is estimated to be sourced from something other than income, such as return of capital, the source would be disclosed on a Section 19(a)-1 letter located on the Fund’s website under the “Literature” tab. A distribution rate that is largely comprised of sources other than income may not be reflective of the Fund’s performance.
Guggenheim Funds Distributors, Inc. offers strategic investment solutions for financial advisors and their valued clients. As an innovator in exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs), Guggenheim Funds often leads its peers with creative investment strategy solutions. Guggenheim Funds and its affiliates provide supervision, management or servicing of assets with a commitment to consistently delivering exceptional service. Guggenheim Funds is a wholly-owned subsidiary of Guggenheim Partners, LLC, a global, diversified financial services firm with more than $100 billion in assets under supervision. Guggenheim Partners, through its affiliates, provides investment management, investment advisory, insurance, investment banking, and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe, and Asia. Guggenheim Funds Investment Advisors, LLC, an affiliate of Guggenheim Funds Distributors, Inc., serves as the Funds’ investment adviser.
There can be no assurance that the Funds will achieve their investment objectives. An investment in a Guggenheim Funds ETF is subject to certain risks and other considerations, including the loss of principal. Some general risks and considerations associated with investing in an ETF may include: Investment Risk, Equity Risk, Foreign Investment Risk, Income Risk, Non-Correlation Risk, Small Company Risk, Emerging Markets Risk, Industry/Sector Risk, Replication Management Risk, Issuer-Specific Changes and Non-Diversified Fund Risk. ULQ is not a money market fund and thus does not seek to maintain a stable net asset value of $1.00 per share. Please refer to the ETFs’ respective prospectuses for a more detailed discussion of Fund-specific risks and considerations.
Guggenheim Distributors, Inc. does not offer tax advice. The tax information contained herein is general and is not exhaustive by nature. It was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. Federal and state tax laws are complex and constantly changing. Please consult your tax professional or financial adviser for more information regarding your tax situation.
Consider the investment objectives, risks, charges and ongoing expenses of any ETF carefully before investing. The prospectus or summary prospectus, if available, contains this and other relevant information. Please read the prospectus carefully before investing. To obtain a prospectus, visit www.guggenheimfunds.com or contact a securities representative or Guggenheim Funds Distributors, Inc. 2455 Corporate West Drive, Lisle, Ill. 60532, 800‐345‐7999.
NOT FDIC - INSURED • NOT BANK - GUARANTEED • MAY LOSE VALUE