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Published on 12/22/2011 in the Prospect News Fund Daily.

Guggenheim Series 844 offers Global High Dividend and Growth Blueprints Select units

By Tali David

Minneapolis, Dec. 22 - Guggenheim Defined Portfolios, Series 844 has registered units of its Global High Dividend and Growth Blueprints Select Portfolio, Series 3, according to an S-6 amendment with the Securities and Exchange Commission.

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

The trust seeks to provide current income with the potential for capital appreciation by investing equally in a blend of 100 securities selected from three strategies: the Guggenheim ABC High Dividend, the Guggenheim Inflation Defense and Dividend Strategy and the Zacks Income Advantage Strategy.

On Dec. 22, the initial date of deposit, $341,783 of contracts to purchase securities comprised the trust. The 34,523 units have an initial offering price of $10 and a net asset value of $9.625 each

The units will have a maximum sales fee of 2.95%, consisting of a 1% initial sales fee, a 1.45% deferred sales fee and a 0.5% creation and development fee. Investors may receive sales charge reductions of up to 1.5%, depending on the amount of investment.

The trust has a mandatory termination date of March 22, 2013.


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