Advisors Disciplined Trust 775 circumvents rising inflation

By Toni Weeks

San Diego, Nov. 10 - Advisors Disciplined Trust 775 has registered units of its Inflation Income Strategy Portfolio, Series 2011-3, 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 high current income with capital appreciation as a secondary objective even if inflation and/or interest rates rise by targeting five types of investments: dividend-paying equities, real estate investment trusts, master limited partnerships, closed-end investment companies that have elected to be treated as business development companies under the Investment Company Act of 1940 and taxable closed-end funds.

On the trust's inception date, Nov. 10, there is $146,467 in contracts to purchase underlying securities and 14,795 units, each with a public offering price of $10.00 and a net asset value of $9.555. The estimated net annual distributions per unit are $0.7398 for the first year and $0.7254 for the second year.

The units have a maximum sales fee of 3.95%, consisting of a 1% initial sales fee, a 2.35% deferred sales fee and a 0.6% creation and development fee. Reductions in the sales fee are available on a sliding scale down to 2.45% depending on the number of units purchased.

The trust's termination date is Nov. 8, 2013.

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