Unit Investment Trust Data
March 2005

Washington, DC, May 2, 2005 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had total deposits of $1.48 billion in March, according to statistics compiled by the Investment Company Institute. For comparison, deposits also were $1.48 billion in February and $1.35 billion in March 2004.

Total Deposits by Trust Type (thousands of dollars)
		March 2005	February 2005	March 2004
Equity		1,384,729	1,397,781	1,086,834
Taxable Debt		29,418	21,004	75,501
Tax-Free Debt		69,761	64,905	189,268
Total		1,483,908	1,483,690	1,351,603

There were 68 new trusts issuing shares in March. Of that total, 47 were equity trusts, 17 were tax-free bond trusts, and four 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 March with $60.03 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.