Guggenheim Series 889 registers units from three portfolios

By Tali David

Minneapolis, March 9 - Guggenheim Defined Portfolios, Series 889 registered units of its Guggenheim U.S. High Dividend Strategy Portfolio, Series 4, Guggenheim U.S. SMID High Dividend Strategy Portfolio, Series 4 and Guggenheim Inflation Defense & Dividend Portfolio, Series 7, according to an S-6 filed with the Securities and Exchange Commission.

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

The U.S. High Dividend and SMID High Dividend Strategies will seek to provide dividend income.

Inflation Defense & Dividend Portfolio will seek to provide current income and total return through capital appreciation.

The trusts will have a public offering price of $10 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 up to 1.5% are available based on the amount of the investment.

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