Advisors Disciplined Trust 834 offers Strategic High 50/Q-50 units

By Tali David

Minneapolis, April 4 - Advisors Disciplined Trust 834 is offering units of its Strategic High 50/Q-50 Dividend and Growth Portfolio, Series 2012-1Q, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Monument, Colo.-based Advisors Asset Management, Inc.

The trust seeks to provide above average income and potential for growth by investing in in a diversified portfolio consisting of two equally weighted components: The High 50 Dividend Strategy and the Nasdaq Q-50 Index Strategy.

On April 4, the trust's inception date, $148,753 of contracts to purchase securities comprised the trust. The 15,026 units have an initial offering price of $10 and a net asset value of $9.655 each. The estimated net annual distribution is $0.2721 per unit.

Each unit carries a maximum sales fee of 2.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 1.45% and a creation and development fee of 0.5%. Sales charge reductions of up to 1.4% of the public offering price are available based on the amount of the investment.

The trust has a mandatory termination date of July 9, 2013.

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