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Advisors Asset Management, Inc. (AAM) is a SEC registered investment advisor and member FINRA/SIPC.
Cohen & Steers Senior Variable Rate and Income Closed-End Portfolio Series 2020-1, ADT 1993
AFT Apollo Senior Floating Rate Fund, Inc. $13.63 EFT Eaton Vance Floating-Rate Income Trust $12.09
AIF Apollo Tactical Income Fund, Inc. 13.40 EFR Eaton Vance Senior Floating-Rate Trust 12.01
ARDC Ares Dynamic Credit Allocation Fund, Inc. 13.42 EVF Eaton Vance Senior Income Trust 5.67
DSU BlackRock Debt Strategies Fund, Inc. 9.98 FCT First Trust Senior Floating Rate Income Fund II 10.96
FRA BlackRock Floating Rate Income Strategies Fund, Inc. 11.66 VTA Invesco Dynamic Credit Opportunities Fund 10.26
BGT BlackRock Floating Rate Income Trust 11.22 JRO Nuveen Floating Rate Income Opportunity Fund 8.66
*As of 3/9/2020 and may vary thereafter.
Unit Investment Trusts (UITs) are sold only by prospectus. You should consider the trust’s investment objectives, risks, charges and expenses carefully
before investing. Contact your financial professional or visit Advisors Asset Management online at www.aamlive.com/uit to obtain a prospectus, which
contains this and other information about the trust. Read it carefully before you invest.
Risks and Considerations: Unit values will fluctuate with the portfolio of underlying securities and may be worth more or less than the original purchase price at
the time of redemption. There is no guarantee that the objective of the portfolio will be achieved. Additionally, the trust may terminate earlier than the specific
termination date as stated in the prospectus. Consult your tax advisor for possible tax consequences associated with this investment. An investment in this
unmanaged unit investment trust should be made with an understanding of the following risks:
Closed-End Funds: Closed-end funds are actively managed investment companies. Shares of closed-end funds frequently trade at a discount to their net asset
value in the secondary market and the net asset value of the closed-end funds shares may decrease. Closed-end funds are subject to various risks, including
management’s ability to meet the fund’s investment objective, and to manage the portfolio when the underlying securities are redeemed or sold, during periods of
market turmoil and as investor’s perceptions regarding closed-end funds or their underlying investments change. The underlying closed-end funds have
management and operating expenses. Investors in the trust will bear not only their share of the trust’s fees and expenses but also will indirectly bear the
management and operating expenses of the underlying closed-end funds. Therefore, an investment in the trust will result in greater expenses than a direct
investment in the funds.
Senior Loans: An investment in this trust should be made with the understanding of the risks associated with an investment in closed-end funds investing in senior
loans such as credit and interest rate risk. Senior loans are generally issued by banks and other financial institutions to corporations, partnerships and other entities
to finance leveraged buyouts, recapitalizations, mergers, acquisitions, stock repurchases, debt refinancing and, to a lesser extent, for general operating and other
purposes. Senior loans are generally structured as floating rate instruments in which the interest rate payable on the obligation fluctuates with interest rate changes.
As such, the yield on closed-end funds which invest in senior loans will generally decline in a falling interest rate environment and increase in a rising interest rate
environment. Senior loans are generally below investment grade quality and may be unrated at the time of investment; are generally not registered with the
Securities and Exchange Commission or state securities commissions; and are generally not listed on any securities exchange. In addition, the amount of public
information available on senior loans is generally less extensive than that available for other types of assets. An investment in senior loans involves the risk that the
borrowers may default on their obligations to pay principal or interest when due.
This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a
fiduciary capacity within the meaning of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code. The information provided
does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should
be made based on an investor’s objectives and circumstances and in consultation with his or her advisers.
Securities are available through your financial professional. Not FDIC Insured. Not Bank Guaranteed. May Lose Value.
For informational purposes only and not a recommendation to purchase or sell any security.
©2020 Advisors Asset Management
Advisors Asset Management, Inc. (AAM) is a SEC registered investment advisor and member FINRA/SIPC.
18925 Base Camp Road | Monument, CO 80132 | www.aamlive.com | CRN: 2018-0830-6868 R Link 5536
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