Unit Investment Trust Data
January 2005

Washington, DC, February 28, 2005 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had total deposits of $2.06 billion in January, according to statistics compiled by the Investment Company Institute. For comparison, deposits were $1.54 billion in December 2004 and $1.91 billion in January 2004.

Total Deposits by Trust Type (thousands of dollars)
		January 2005	December 2004	January 2004
Equity		1,956,367	1,340,976	1,680,974
Taxable Debt		16,628	81,256	82,930
Tax-Free Debt		86,894	112,837	142,321
Total		2,059,889	1,535,069	1,906,225

There were 79 new trusts issuing shares in January. Of that total, 58 were equity trusts, 19 were tax-free bond trusts, and two were taxable bond trusts.

In terms of maturity, long-term bond trusts having an average weighted maturity over 15 years were the most commonly offered in January with $83.67 million in shareholder deposits.

Data on the market value of unit investment trusts issued and outstanding as of year-end 2003 indicates a total of 7,233 trusts with a value of $35.83 billion. According to reports of sponsors, at year-end 2003 there were 5,707 tax-free bond trusts, with a market value of $13.50 billion; 320 taxable bond trusts, with a market value of $3.31 billion; and 1,206 equity trusts, with a market value of $19.02 billion.

This website includes a section devoted to statistics on unit investment trusts and other investment companies.