Guggenheim's Series 839 portfolio selected by Flaherty & Crumrine

By Toni Weeks

San Diego, Nov. 10 - Guggenheim Defined Portfolios, Series 839 has registered units of its Flaherty & Crumrine Preferred Portfolio, Series 26, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Lisle, Ill.-based Guggenheim Funds Distributors, Inc.

The trust primarily seeks to provide high current income with a secondary objective of capital appreciation by investing in a diversified portfolio of exchange-listed preferred stocks, trust preferred securities and baby bonds selected by the sponsor, Flaherty & Crumrine Inc.

On the Nov. 10 inception date, the trust was comprised of $150,209 in sponsor's contracts to purchase the underlying securities. Each of the 15,173 units has a public offering price of $10.00 and a net asset value of $9.525.

The units carry a maximum sales fee of 3.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 2.45% and a creation and development fee of 0.5%. Sales charge reductions of up to 1.5% of the public offering price are available based on the amount of the investment.

The trust is scheduled to terminate on Nov. 13, 2013.

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