The Trust seeks to provide investors with income which is generally exempt from regular federal and California income tax. The possibility of capital growth is a secondary objective. There is no guarantee that the investment objectives of the Trust will be achieved.
  • Description

    • Status Secondary
    • Category Tax Free Income Portfolio
    • Objective Tax Free Income
  • Pricing (12-13-2017)

    • Bid Price $9.6294
    • Liquidation Price $9.5478
  • Deposit Data

    • Deposit Date 04-06-2017
    • Termination Date 04-09-2019
    • Initial Offer Price $10.00
    • Max Sales Charge 3.95%
  • CUSIPs

    • Cash 83186V103
    • Reinvest 83186V111
    • Fee - Cash 83186V129
    • Fee - Reinvest 83186V137
  • Sector Breakdown (As of Deposit Date)

  • Pricing Summary (As of 12-13-2017)

  • Breakpoint Schedule

    • Discount/Breakdown

      Less than $50,000

      $50,000 but less than $100,000

      $100,000 but less than $250,000

      $250,000 but less than $500,000

      $500,000 but less than $1,000,000

      $1,000,000 or greater

    • % Sales Charge

      3.95%

      3.70%

      3.45%

      3.10%

      2.95%

      2.45%

*Estimated Net Annual First Year Distribution per unit is computed by dividing the estimated annual income of the underlying securities less the expense per unit by the number of units outstanding. The estimated net annual distributions for subsequent years are expected to be less than estimated distributions for the first year because a portion of the securities included in the trust portfolio will be sold during the first year to pay for organization costs, the creation and development fee and the deferred sales charge. The actual net annual distributions will vary with changes in the trust’s fees and expenses and income of the underlying securities.