Unit Investment Trust Data
April 2005

Washington, DC, May 26, 2005 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had total deposits of $1.91 billion in April, according to statistics compiled by the Investment Company Institute. For comparison, deposits were $1.48 billion in March and $1.51 billion in April 2004.

Total Deposits by Trust Type (thousands of dollars)
		April 2005	March 2005	April 2004
Equity		1,840,961	1,384,729	1,313,239
Taxable Debt		14,345	29,418	89,477
Tax-Free Debt		52,788	69,761	111,601
Total		1,908,094	1,483,908	1,514,317

There were 51 new trusts issuing shares in April. Of that total, 40 were equity trusts, 9 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 April with $48.4 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.