Advisors Disciplined Trust 763 registers series 2011-4Q units

By Toni Weeks

San Diego, Oct. 18 - Advisors Disciplined Trust 763 has registered units of its 15-month series 2011-4Q portfolio, according to a form S-6 amendment filed with the Securities and Exchange Commission.

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

The trust invests in a diversified portfolio consisting of two equally weighted components: the High 50 Dividend Strategy, a specialized dividend-oriented strategy that seeks to provide above average total return, and the Tactical Income Closed-End Strategy, which invests in stocks of closed-end investment companies seeking high current income with capital appreciation potential.

As of Oct. 18, the trust's principal amount is $147,244, which consists of 14,873 units, each priced at $10.00 and with a net asset value of $9.655. The termination date is Jan. 15, 2013, and the estimated net annual distribution is $0.7201 per unit.

The units have a maximum sales fee of 2.95%. The fee will decrease on a sliding scale to 1.4% as the size of the investment increases.

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