Advisors Disciplined Trust 811 registers Confluence REIT units

By Toni Weeks

San Diego, Nov. 22 - Advisors Disciplined Trust 811 has registered units of its Confluence REIT Portfolio, Series 2011-2, 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 dividend income and the potential for capital appreciation by investing in a portfolio primarily consisting of common stock of Real Estate Investment Trusts.

On the trust's inception date, Nov. 22, there is $148,507 in contracts to purchase underlying securities and 15,001 units, each with a public offering price of $10 and a net asset value of $9.555. The estimated net annual distribution is $0.3663 per unit for the first year and $0.3592 per unit for the second year.

The units have a maximum sales fee of 3.95%, consisting of an initial sales fee of 1%, a deferred sales fee of 2.35% and a creation and development fee of 0.6%. 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. 21, 2013.

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