Guggenheim Series 850 registers International Dividend Strategy units

By Tali David

Minneapolis, Jan. 3 - Guggenheim Defined Portfolios, Series 850 registered units of its Guggenheim International Dividend Strategy Portfolio, Series 14, 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 seeks to provide total return primarily through capital appreciation and dividend income by investing in a diversified portfolio of international equity securities listed on major U.S. exchanges.

On the Jan. 3 inception date, $150,237 in contracts to purchase securities comprised the trust. The 15,175 units each have a public offering price of $10.00 and a net asset value of $9.625 per unit.

Each unit carries a maximum sales fee of 2.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 1.45% 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 will terminate on April 1, 2013.

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