Saturday, January 15, 2011

Guggenheim Funds ETFs Declare Year-End and Capital Gains Distributions

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
                         
          Long-Term  
Ticker Monthly/Quarterly Distributions Rate Supplemental Short-Term Capital Total
            Distribution   Capital Gain   Gain   Distribution
CVY
    $ 0.247  
-
  -   -   $ 0.247
ENY
    $ 0.179   -   -   -   $ 0.179
HGI
    $ 0.186   -   -   -   $ 0.186
LVL
    $ 0.107   -   -   -   $ 0.107
SEA
    $ 0.163   -   -   -   $ 0.163
UBD
    $ 0.071   $ 0.294   $ 0.249   $0.182   $ 0.796
ULQ
    $0.000   $0.005   -   -   $0.005
    $0.209   -   -   -   $0.209
Long-Term
Ticker Annual Distributions Rate Supplemental Short-Term Capital Total
            Distribution   Capital Gain   Gain   Distribution
CGW
    $0.417   -   -   -   $0.417
    $0.133  
-
 
-
 
-
  $0.133
CSD
    $0.107   -   -   -   $0.107
CUT
    $0.594   -   -   -   $0.594
CZA
    $0.195   -   -   -   $0.195
DEF
    $0.388   -   -   -   $0.388
EEB
    $0.863   -   -   -   $0.863
EEN
    $0.770   -   -   -   $0.770
FAA
    $0.028   -   -   -   $0.028
FRN
    $0.126   -   -   -   $0.126
HAO
    $0.443   -   -   -   $0.443
NFO
    $0.201  
-
 
-
 
-
  $0.201
OTP
    $0.333   -   -   -   $0.333
OTR
    $0.365   -   -   -   $0.365
TAN
    $0.029  
-
 
-
 
-
  $0.029
TAO
    $0.153   -   -   -   $0.153
    $0.400  
-
 
-
 
-
  $0.400
    $0.060   -   -   -   $0.060
    $0.335  
-
 
-
 
-
  $0.335
XGC
    $0.429   -   -   -   $0.429
XRO
    $0.078   -   -   -   $0.078
YAO
    $0.282   -   -   -   $0.282
 
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.



Disclosure I am long CVY shares and waiting on a shot at SEA.

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