Overview

Distributions to Income Beneficiaries

as of Feb 24, 2021
Annualized Distribution per Unit1 $0.625
Annualized Distribution Rate at Current NAV2 6.07%
Annualized Distribution Rate at Initial NAV3 6.25%
Distribution Frequency Monthly
See important disclosures below.
 

Trust Facts

Inception Date 04/30/2019
Minimum Initial Contribution $20,000
CUSIP 90344D321

Fees and Expenses (%)

Advisory Fee 0.55%
Trustee Fee 0.10%
Administrative Fee 0.38%
Servicing Agent Fee 0.00%
Estimated Other Expenses 0.06%
    Estimated Total Expenses 1.09%
Fees and Expenses stated above are annual percentages of average daily net assets.
 

Investment Team

Michael Allison, CFA
Vice President, Eaton Vance Trust Company
32 years of industry experience
20 years at Eaton Vance
BSBA, University of Denver
Derek J.V. DiGregorio
Vice President, Eaton Vance Trust Company
14 years of industry experience
14 years at Eaton Vance
BS, Bates College
MBA, Boston University Questrom School of Business

Disclosures 

While the Trusts will seek to provide tax-advantaged monthly distributions to income beneficiaries growing over time with inflation and increasing amounts available for charitable purposes upon termination of beneficiaries’ income interests, the Trusts’ overall investment results are subject to market risk and are not guaranteed by any person. Distributions to income beneficiaries may fluctuate with changes in economic conditions, may not grow over time at rates consistent with inflation and may decline. The tax character of distributed Trust income may vary. The principal amount available for charitable purposes upon termination of a Trust Account’s income interests may be higher or lower than the value of the Trust Account at initial funding.


Performance

Historical Returns (%) as of Dec 31, 2020

Annualized
1 Mo. 3 Mo. YTD 1 Yr. 3 Yrs. 5 Yrs. Since Trust Inception4
01/31/2021
Total Return -0.21 16.40 -0.21 9.78 6.11
   Income Return 0.53 1.61 0.53 7.39 7.12
   Principal Return -0.74 14.56 -0.74 2.22 -0.94
MSCI World Index5 -0.99 16.40 -0.99 15.45 8.29 13.34 13.93
40% MSCI USA / 60% MSCI World ex USA6 -1.02 17.56 -1.02 12.84 6.14 11.81 11.78
12/31/2020
Total Return 4.21 11.99 8.82 8.82 6.56
   Income Return 0.53 1.69 7.40 7.40 7.16
   Principal Return 3.66 10.14 1.32 1.32 -0.55
MSCI World Index5 4.24 13.96 15.90 15.90 10.53 12.18 15.38
40% MSCI USA / 60% MSCI World ex USA6 4.36 14.72 12.76 12.76 8.28 10.60 13.11
Past performance is no guarantee of future results. Performance is for the stated time periods only; due to market volatility, the Trust's current performance may be lower or higher than quoted. Total Return is calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Income Return represents the portion of Total Return attributable to distributions. Principal Return represents the portion of Total Return attributable to change in NAV. Total Return and Income Return are stated net of foreign taxes on dividends received on non-U.S. investments. Trust income beneficiaries are generally eligible to receive a federal income tax credit or an itemized deduction for their attributable share of unrecovered foreign withholding tax. Please see the below schedule of available federal income tax credits for foreign taxes paid. Performance for time periods less than or equal to one year is cumulative.
 

Calendar Year Returns (%)

20194 2020
Total Return 2.21 8.82
   Income Return 4.53 7.40
   Principal Return -2.21 1.32
MSCI World Index 5 9.62 15.90
40% MSCI USA / 60% MSCI World ex USA6 8.99 12.76
 

NAV History

Date NAV NAV Change
Feb 24, 2021 $10.29 $0.09
Feb 23, 2021 $10.20 -$0.00
Feb 22, 2021 $10.20 -$0.03
Feb 19, 2021 $10.23 $0.01
Feb 18, 2021 $10.22 -$0.06
Feb 17, 2021 $10.28 -$0.02
Feb 16, 2021 $10.30 $0.04
Feb 12, 2021 $10.27 $0.02
Feb 11, 2021 $10.25 $0.02
Feb 10, 2021 $10.23 -$0.00
Feb 09, 2021 $10.23 $0.01
Feb 08, 2021 $10.22 $0.07
Feb 05, 2021 $10.15 $0.03
Feb 04, 2021 $10.12 $0.06
Feb 03, 2021 $10.06 $0.04
Feb 02, 2021 $10.02 $0.08
Feb 01, 2021 $9.94 $0.11
Jan 29, 2021 $9.83 -$0.19
Jan 28, 2021 $10.02 $0.08
Jan 27, 2021 $9.94 -$0.24
Jan 26, 2021 $10.18 $0.00
Jan 25, 2021 $10.18 -$0.01
Jan 22, 2021 $10.19 -$0.02
Jan 21, 2021 $10.21 $0.02
Jan 20, 2021 $10.19 $0.10
 

Distribution History

Ex-Date Distribution
Jan 29, 2021 $0.05208
Dec 31, 2020 $0.05208
Nov 30, 2020 $0.05208
Oct 30, 2020 $0.05208
Sep 30, 2020 $0.05208
Aug 31, 2020 $0.05208
Jul 31, 2020 $0.05208
Jun 30, 2020 $0.05208
May 29, 2020 $0.05208
Apr 30, 2020 $0.05208
View All
 

Foreign Tax Credit History

Tax Year Foreign Tax Credit7
20194 $0.051

Disclosures 

While the Trusts will seek to provide tax-advantaged monthly distributions to income beneficiaries growing over time with inflation and increasing amounts available for charitable purposes upon termination of beneficiaries’ income interests, the Trusts’ overall investment results are subject to market risk and are not guaranteed by any person. Distributions to income beneficiaries may fluctuate with changes in economic conditions, may not grow over time at rates consistent with inflation and may decline. The tax character of distributed Trust income may vary. The principal amount available for charitable purposes upon termination of a Trust Account’s income interests may be higher or lower than the value of the Trust Account at initial funding.


Literature

Literature

U.S. Legacy Income Trust IV Fact Sheet

Download - Last updated: Dec 31, 2020

U.S. Legacy Income Trusts Brochure

Download - Last updated: Dec 31, 2019

Legacy Income Common Trust Fund Financial Statement and Auditors' Report

Download - Last updated: Apr 3, 2020

U.S. Legacy Income Trusts Forms Booklet Self-Directed Donor

Download - Last updated: Jan 21, 2021

U.S. Legacy Income Trusts Information Statement

Download - Last updated: Jan 15, 2021