Press Releases

Advisors Asset Management Celebrates 10th Anniversary
of Ubiquitous Strategy Portfolio

MONUMENT, COLO. — June 1, 2023 — Advisors Asset Management (AAM), a leading investment solutions provider, announced today that its Ubiquitous Strategy Portfolio, where Pence Capital Management (PCM) serves as the portfolio consultant, is celebrating its 10-year anniversary.

The Ubiquitous Strategy Portfolio is a unit investment trust (UIT) that has surpassed $3.7 billion in cumulative sales since inception. The UIT seeks to provide capital appreciation by investing in a portfolio of stocks that derive a substantial portion of their revenue worldwide and who PCM believe are involved in aspects of the transformation of consumer behavior and a shift in how people transact purchases.

“PCM has done a remarkable job capitalizing on the growth of e-commerce since inception by identifying companies at critical ‘choke points’ in the value chain,” said Richard Stewart, CFA, Executive Vice President of UITs at AAM. “AAM is dedicated to collaborating with best-in-class managers, like PCM, and are excited about the prospects of our continued partnership in creating and distributing UITs that help meet advisor demands.”

In selecting the securities for the portfolio, the following considerations were made: increasing consumer demand, a shift in how people transact purchases, expected market dominance over the next three to five years, relative size within industry sectors based on market capitalization, steadiness of past earnings growth rates and revenue growth, strength of earnings and revenue projections, balance sheet strength, valuation and levels of cash holdings.

“The long-term performance of the Ubiquitous strategy validates the fundamental process and philosophy we use with all our investments,” said Dryden Pence, President & CIO of Pence Capital Management. “I am so proud of our entire team from concept through distribution. It’s an honor to help advisors.”

About Advisors Asset Management

For over 40 years, AAM has been a trusted resource for financial advisors and broker/dealers. It offers access to UITs (unit investment trusts), open- and closed-end mutual funds, separately managed accounts (SMAs), structured products, the fixed income markets, portfolio analytics and exchange-traded funds (ETFs). For more information, visit www.aamlive.com.

As of March 31, 2023, the brokerage and advised business at AAM represents approximately $40.8 billion in assets. (Assets under supervision represent $5.4 billion in UIT assets. The firm has $31.6 billion in assets under administration that represents the non-proprietary assets for which AAM provides various levels of service, but not management. The firm's $3.8 billion in assets under management represents AAM's proprietary separately managed account, mutual fund and ETF assets.)

Unit Investment Trusts (UITs) are sold only by prospectus. You should consider the trust’s investment objectives, risks, charges and expenses carefully before investing. Contact your financial professional or call Advisors Asset Management at 866-606-7220 to request a prospectus, which contains this and other information about the trust. Read it carefully before you invest or send money.

Advisors Asset Management, Inc. (AAM) is a SEC-registered investment advisor and member FINRA/SIPC. | 18925 Base Camp Road | Monument, CO 80132 | www.aamlive.com

CRN: 2023-0530-10915 R