Advisors Disciplined Trust 839 offers High 50 Dividend Strategy units

By Tali David

Minneapolis, Feb. 1 - Advisors Disciplined Trust 839 is offering units of its High 50 Dividend Strategy Portfolio, series 2012-S, 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 above average total return by investing in a portfolio of stocks selected using a specialized dividend-oriented strategy. The portfolio will consist of the five stocks with the highest dividend yields from each of 10 industry sector components, for a total of 50 equally weighted stocks.

On Feb. 1, the trust's inception date, $148,571 of contracts to purchase securities comprised the trust. The 15,007 units have an initial offering price of $10 and a net asset value of $9.655 each. The estimated net annual income is $0.5465 per unit.

Each unit carries a maximum sales fee of 2.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 1.45% and a creation and development fee of 0.5%. The sales charge may be reduced on a sliding scale to 1.4% based on the amount of the investment.

The trust has a mandatory termination date of March 20, 2013.

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