Guggenheim Series 861 tracks stocks with positive 'insider' sentiment

By Toni Weeks

San Diego, Dec. 5 - Guggenheim Defined Portfolios, Series 861 has registered units of its Guggenheim Insider Sentiment Index Tracking UIT, Series 1, according to an S-6 filing with the Securities and Exchange Commission.

The depositor is Lisle, Ill.-based Guggenheim Funds Distributors, Inc.

The portfolio is designed to track the performance, after applicable fees, of the Sabrient Insider Sentiment index, which is an equal-dollar weighted index consisting of 100 publicly traded companies that reflect positive sentiment among the "insiders" closest to the company's finances and business prospects. Examples of insiders are top management, directors and analysts.

The trust seeks to achieve its investment objective by investing in a portfolio of U.S. Treasury bills and a forward contract linked to the index.

The units will carry a maximum sales fee of 2.95%. Sales charge reductions of up to 1.5% of the public offering price are available depending on the amount of investment.

The trust will have an inception date in 2012 and a mandatory termination date in 2013.

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