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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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