Guggenheim Series 905 registers U.S. Capital Strength, Series 1 units

By Tali David

Minneapolis, April 3 - Guggenheim Defined Portfolios, Series 905 registered units of its Guggenheim US Capital Strength Portfolio, Series 1, according to an S-6 filing with the Securities and Exchange Commission.

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

The trust will seek to provide total return through capital appreciation by investing in a portfolio of 30 U.S. companies to take advantage of great valuations.

The units will have a public offering price of $10 per unit. Each unit carries 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 will have a termination date in 2014.

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