Unit Investment Trust Data
October 2001

Washington, DC, January 14, 2002 - Unit investment trusts, investment companies that purchase fixed portfolios of selected stocks or bonds, increased their deposits through offerings in October 2001 of $1.00 billion. That compares with $2.81 billion in October 2000, according to statistics compiled by the Investment Company Institute.

Deposits to equity trusts totaled $817.9 million in October 2001, compared with $2.48 billion in October 2000. Tax-free bond trusts issued shares in October 2001 with deposits of $113.7 million compared with $66.4 million in October 2000. Shares issued in October 2001 by taxable bond trusts reached $73.1 million compared with $264.1 million in October 2000.

There were 20 new tax-free bond trusts issuing shares in October 2001, two new taxable bond trusts, and 55 new equity 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 October 2001, with $160.7 million in shareholder deposits.

Historical unit investment trust deposit data are available dating back to January 1996.