Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Advisors Disciplined Trust 843 > News item |
Advisors Disciplined Trust 843 offers Enhanced Equity Income units
By Tali David
Minneapolis, Feb. 23 - Advisors Disciplined Trust 843 is offering units of its Enhanced Equity Income Portfolio, Series 2012-1Q, according to an S-6 filed with the Securities and Exchange Commission.
The depositor is Monument, Colo.-based Advisors Asset Management, Inc.
The trust seeks to provide income and limited capital appreciation by implementing a covered-call strategy against a portfolio of common stock of foreign and domestic companies selected by applying a specialized dividend oriented strategy and by investing in U.S. Treasury obligations.
On Feb. 23, the trust's inception date, $779,228 of contracts to purchase securities comprised the trust. The 75,696 units have an initial offering price of $10 and a net asset value of $9.555 each.
Each unit carries a maximum sales fee of 3.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 2.45% and a creation and development fee of 0.5%. Sales charge reductions of up to 2.45% of the public offering price are available based on the amount of the investment.
The trust has a mandatory termination date of Jan. 22, 2014.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.