Unit Investment Trust Data
September 2002

Washington, DC, October 22, 2002 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had total deposits of $679.6 million in September 2002, according to statistics compiled by the Investment Company Institute. For comparison, deposits were $706.6 billion in August 2002 and $741.7 million in September 2001.

Total Deposits by Trust Type (millions of dollars)
	September 2002	August 2002	September 2001
Equity	383.1	478.3	580.0
Taxable Debt	101.9	87.6	49.5
Tax-Free Debt	194.6	140.7	112.2
Total	679.6	706.6	741.7

There were 68 new trusts issuing shares in September 2002. Of that total, 35 were new equity trusts, 29 tax-free bond trusts, and four new taxable bond trusts.

In terms of maturity, long-term bond trusts having an average weighted maturity of more than 15 years were the most commonly offered in September 2002, with $245.8 million in shareholder deposits.

Data on the market value of unit investment trusts issued and outstanding as of year-end 2001 indicate a total of 7,880 trusts with a value of $49.39 billion. According to reports of sponsors, at year-end 2001 there were 6,296 tax-free bond trusts, with a market value of $19.00 billion; 174 taxable bond trusts, with a market value of $3.78 billion; and 1,410 equity trusts, with a market value of $26.60 billion.