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Advisors Disciplined Trust 858 registers Navellier/Dial units
By Toni Weeks
San Diego, Feb. 24 - Advisors Disciplined Trust 858 has registered units of its Advisors Corporate Trust - Navellier/Dial High Income Opportunities Portfolio, Series 51, according to an S-6 filing with the Securities and Exchange Commission.
The depositor is Monument, Colo.-based Advisors Asset Management, Inc.
The trust seeks current income and capital appreciation by investing in a portfolio of investment-grade corporate bonds. The portfolio was selected by Navellier & Associates, Inc. with assistance from Dial Capital Management, LLC.
The units will carry a maximum sales fee of 3%.
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