Advisors Disciplined Trust 793 offers Global Closed-End units

By Toni Weeks

San Diego, Jan. 13 - Advisors Disciplined Trust 793 is offering units of its Global Closed-End Portfolio, Series 2012-1, 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 high current interest income and capital appreciation potential by investing in a portfolio consisting primarily of closed-end funds that invest in securities of foreign and/or U.S. issuers.

On the trust's inception date, Jan. 13, there is $148,664 in contracts to purchase underlying securities. The 15,017 units each have a public offering price of $10 and a net asset value of $9.555.

The estimated net annual distribution is $0.8947 for the first year and $0.8771 for the second year.

The units have a maximum sales fee of 3.95%, consisting of a 1% initial sales fee, a 2.45% deferred sales fee and a 0.5% creation and development fee. The fee may be reduced on a sliding scale to 2.45% depending on the amount of the investment.

The trust's termination date is Jan. 10, 2014.

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