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Americus Trust

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Americus Trust
A trust containing common stock that issued two types of units representing that stock: primes and scores. Holders of primes received all dividends that were issued for the life of the trust plus, at maturity, the total value of the share up to a certain amount. Score holders received the excess of that certain amount. Americus trusts no longer exist as the result of a tax ruling in 1987 that eliminated most of their tax advantages. See also: PERC.


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Topping the most active list was Hillhaven, down 1/8 to 2-1/4 on 373,000 shares, followed by Americus Trust for GTE shares, up 1/2 to 10-7/8 on 297,900 shares.
6) This paper seeks to add to this literature by studying the ex-day behavior of a set of stocks and of their newly created derivative securities known as Americus Trust Primes.
Topping the most active list was Chambers Development Class A, up 1/2 to 8-1/8 on 700,200 shares, followed by Americus Trust For G.
 
 
 
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