Unit Investment Trust Data
May 2005

Washington, DC, June 23, 2005 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had total deposits of $1.29 billion in May, according to statistics compiled by the Investment Company Institute. For comparison, deposits were $1.91 billion in April and $975.6 million in May 2004.

Total Deposits by Trust Type (thousands of dollars)
		May 2005	April 2005	May 2004
Equity		1,197,338	1,840,961	829,780
Taxable Debt		20,225	14,345	46,725
Tax-Free Debt		73,678	52,788	99,069
Total		1,291,241	1,908,094	975,574

There were 49 new trusts issuing shares in May. Of that total, 32 were equity trusts, 16 were tax-free bond trusts, and one taxable bond trust.

In terms of maturity, long-term bond trusts having an average weighted maturity over 15 years were the most commonly offered in May with $73.3 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.