Unit Investment Trust Data
February 2005

Washington, DC, March 21, 2005 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had total deposits of $1.48 billion in February, according to statistics compiled by the Investment Company Institute. For comparison, deposits were $2.06 billion in January and $1.13 billion in February 2004.

Total Deposits by Trust Type (thousands of dollars)
		February 2005	January 2005	February 2004
Equity		1,397,781	1,953,234R	875,501
Taxable Debt		21,004	16,628	103,016
Tax-Free Debt		64,905	90,027R	146,716
Total		1,483,690	2,059,889	1,125,233

R=Revised

There were 38 new trusts issuing shares in February. Of that total, 25 were equity trusts, 11 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 February with $69.86 million in shareholder deposits.

Year-end 2004 Figures: Data on the market value of unit investment trusts issued and outstanding as of year-end 2004 indicates a total of 6,485 trusts with a value of $36.79 billion. According to reports of sponsors, at year-end 2004 there were 5,038 tax-free bond trusts, with a market value of $11.43 billion; 295 taxable bond trusts, with a market value of $2.63 billion; and 1,152 equity trusts, with a market value of $22.72 billion.

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