Correspondence 0001528621-24-000067 from GUGGENHEIM DEFINED PORTFOLIOS, SERIES 2386 (CIK 0001983239)
GUGGENHEIM DEFINED PORTFOLIOS, SERIES 2386 (CIK 0001983239)
Date: Jan. 23, 2024 · CIK: 0001983239 · Accession: 0001528621-24-000067
AI Filing Summary & Sentiment
File numbers found in text: 333-276189, 811-03763
Show Raw Text
CORRESP
1
filename1.htm
Unassociated Document
Chapman and Cutler LLP
320 South Canal Street, 27th Floor
Chicago, Illinois 60606
January 23, 2024
Via EDGAR Filing
Mr. Aaron Brodsky
Division of Investment Management
Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Re: Guggenheim Defined Portfolios, Series 2386
Core Four 60/40 Allocation Portfolio, Series
26
File Nos. 333-276189 and 811-03763
Dear Mr. Brodsky:
This letter responds to
the comment given during a telephone conversation with our office regarding the registration statement on Form S-6 for Guggenheim
Defined Portfolios, Series 2386, filed on December 21, 2023, with the Securities and Exchange Commission. The registration statement
proposes to offer the Core Four 60/40 Allocation Portfolio, Series 26 (the “trust”).
PROSPECTUS
Investment
Summary — Principal Investment Strategy
1.
Please disclose the Fund’s actual investments as of the date of deposit in the section entitled “Principal Investment Strategy”
and confirm that the risks set forth in the section entitled “Principal Risks” reflect such investments.
Response: Once
the portfolio is selected, a sentence will be added to the section entitled “Principal Investment Strategy” stating the types
of investments that represent a significant amount of the trust’s assets as of the date of deposit. The section entitled “Principal
Risks” will be revised to match this list, as appropriate.
We appreciate your prompt
attention to this registration statement. If you have any questions or comments or would like to discuss our responses to your questions,
please feel free to contact the undersigned at (312) 845-3484.
Very truly yours,
Chapman
and Cutler LLP
By /s/ Morrison
C. Warren
Morrison C. Warren