Unit Investment Trust Data
November 2004

Washington DC, December 17, 2004 - Unit investment trusts, investment companies that hold fixed portfolios of selected stocks or bonds, had total deposits of $1.52 billion in November 2004, according to statistics compiled by the Investment Company Institute. For comparison, deposits were $1.42 billion in October 2004 and $997.0 million in November 2003.

Total Deposits by Trust Type (thousands of dollars)
		November 2004	October 2004	November 2003
Equity		1,316,608	1,191,597	832,136
Taxable Debt		93,414	97,217	52,840
Tax-Free Debt		107,644	127,588	112,017
Total		1,517,666	1,416,402	996,993

There were 53 new trusts issuing shares in November. Of that total, 32 were equity trusts, 19 were tax-free bond trusts, and two were taxable bond trusts.

In terms of maturity, intermediate bond trusts having an average weighted maturity between 5 and 15 years were the most commonly offered in November with $109.8 million in shareholder deposits.

Data on the market value of unit investment trusts issued and outstanding as of year-end 2003 indicates a total of 7,233 trusts with a value of $35.83 billion. According to reports of sponsors, at year-end 2003 there were 5,707 tax-free bond trusts, with a market value of $13.50 billion; 320 taxable bond trusts, with a market value of $3.31 billion; and 1,206 equity trusts, with a market value of $19.02 billion.

This website includes a section devoted to statistics on unit investment trusts and other investment companies.