Advisors Disciplined Trust 814 offers Strategic High 80 Dividend units

By Tali David

Minneapolis, Feb. 14 - Advisors Disciplined Trust 814 is offering units of its Strategic High 80 Dividend 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 above average total return by investing in a diversified portfolio of 80 equity securities with 50 securities selected using the High 50 Dividend Strategy and 30 securities selected using the International High 30 Dividend Strategy as of Feb. 6.

On Feb. 14, the trust's inception date, $148,865 of contracts to purchase securities comprised the trust. The 15,037 units have an initial offering price of $10 and a net asset value of $9.655 each. The estimated net annual income is $0.5284 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%. Sales charge reductions of up to 1.4% of the public offering price are available based on the amount of the investment.

The trust has a mandatory termination date of May 14, 2013.

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