Guggenheim Defined Portfolios Series 840 offers units

By Toni Weeks

San Diego, Dec. 14 - Guggenheim Defined Portfolios, Series 840 is offering units of its Income and Treasury Limited Duration Portfolio of Funds, Series 17, 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 current income and the potential for capital appreciation. Under normal circumstances, the trust will invest at least 80% of the value of its assets in common shares of closed-end investment companies that invest in various income-oriented securities of different asset classes and shares of an exchange-traded fund that invests substantially all of its assets in short-term U.S. Treasury bonds.

On the Dec. 14 inception date, $150,071 of contracts to purchase securities comprised the trust. The 15,007 units each have a public offering price of $10.00 and a net asset value of $9.525 per unit.

Each unit carries a maximum sales fee of 4.45%, which comprises a deferred sales fee of 3.95% 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 Dec. 11, 2013.

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