Unit Investment Trust Data
January 2002

Washington, DC, July 1, 2002 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had deposits of $1.28 billion in January 2002. For comparison, deposits were $912.4 million in December 2001 and $3.54 billion in January 2001, according to statistics compiled by the Investment Company Institute.

Deposits to equity trusts totaled $1.07 billion in January 2002, compared with $758.1 million in December 2001 and $3.37 billion in January 2001. Tax-free bond trusts recorded deposits of $141.4 million in January 2002, compared with $103.8 million in December 2001 and $126.3 million in January 2001. Deposits to taxable bond trusts reached $60.7 million, compared with $50.5 million in December 2001 and $46.1 million in January 2001.

There were 103 new trusts issuing shares in January 2002. Of that total, 35 were new tax-free bond trusts, 67 new equity trusts, and one new taxable bond trust.

In terms of maturity, long-term bond trusts having an average weighted maturity of more than 15 years were the most commonly offered in January 2002, with $155.0 million in shareholder deposits.

Historical unit investment trust deposit data are available dating back to January 1996.