Advisors Disciplined Trust 808 offers Navellier/Dial High Income units

By Tali David

Minneapolis, Dec. 21 - Advisors Disciplined Trust 808 registered units of its Advisors Corporate Trust - Navellier/Dial High Income Opportunities Portfolio series 442, according to an S-6 amendment with the Securities and Exchange Commission.

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

The trust seeks to provide current interest income and capital preservation by investing in a portfolio consisting primarily of interest- bearing corporate debt obligations rated investment grade quality as of the trust's inception.

On the trust's inception date, Dec. 21, there is $29,257,487 of contracts to purchase underlying securities. The 30,318 units each have a public offering price of $1,000, which reflects $940.04 in principal amount of securities per unit, and a net asset value of $965.02.

The estimated current return is 6.14%, and the estimated long-term return is 5.08%. The estimated net annual interest income per unit is $61.35.

The units have a maximum sales fee of 3%. The fee may be reduced on a sliding scale down to 1.5% depending on the number of units purchased.

The weighted average maturity of securities in the trust is 5.38 years.

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