Unit Investment Trust Data
October 2002

Washington, DC, November 19, 2002 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had total deposits of $798.7 million in October, according to statistics compiled by the Investment Company Institute. For comparison, deposits were $679.6 million in September 2002 and $1.00 billion in October 2001.

Total Deposits By Trust Type (millions of dollars)
	October 2002	September 2002	October 2001
Equity	526.5	383.1	817.9
Taxable Debt	116.1	101.9	73.1
Tax-Free Debt	156.0	194.6	113.7
Total	798.7	679.6	1,004.7

There were 73 new trusts issuing shares in October 2002. Of that total, 43 were new equity trusts, 22 tax-free bond trusts, and eight 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 October 2002, with $216.2 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.