UTX United Technologies Corporation

By James V. Grimaldi and Theo Francis 

WASHINGTON -- President-elect Donald Trump in recent years has had an investment of as much as $250,000 in the parent of the company he pushed to shelve plans to move its Indianapolis factory to Mexico.

Mr. Trump in 2014 owned an investment between $100,001 and $250,000 in United Technologies Corp., according to financial disclosure forms filed during the presidential campaign. It couldn't be learned whether he still had a financial investment in the company because disclosure forms are filed only annually. Mr. Trump's 2015 disclosure is the most recent one available and was filed in May 2016.

The Trump transition team didn't respond to requests for comment.

His 2015 form showed he owned one or more corporate bonds issued by United Technologies. The bond investment, held in a brokerage account through a Deutsche Bank AG unit, paid between $2,501 and $5,000 in interest for the year, the form said, but it valued the investment at between nothing and $1,000. His 2014 financial form for 2014 indicated he held an investment in United Technologies in the same account that paid interest in the same range, with a value between $100,001 and $250,000.

It isn't clear what happened to the investment between 2014 and 2015. Mr. Trump didn't indicate on the form that he had sold the investment and he didn't appear to report capital gains for such a sale.

The discrepancy might have something to do with the complexity of Mr. Trump's finances. His disclosure forms run about 100 pages, longer than most presidential candidates with the exception of Mitt Romney's filings, which ran about as long. Mr. Trump holds investments in dozens of companies, according to the filings.

--Damian Paletta contributed to this article.

(END) Dow Jones Newswires

December 02, 2016 19:19 ET (00:19 GMT)

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