EQUITY - THEMATIC PORTFOLIOS

Series 2019-3, ADT 1958

Cohen & Steers Dynamic Income Portfolio

Fee-Based Account UIT Fact Card
Morningstar Equity Style BoxTM Investment Objective & Strategy
The Cohen & Steers Dynamic Income Portfolio is a unit investment trust (UIT). The trust seeks to
provide total return with an emphasis on current income. The trust seeks to achieve this objective
by investing equally (as of the trust’s inception and may vary thereafter) in a blend of five
proprietary strategies. Those strategies are:

− Dividend-Paying Equities: The strategy seeks to identify high-quality stocks with sustainable
cash flows and growing dividends issued by companies across a variety of industries and
sectors.
Ticketing Information − Real Estate Investment Trusts (REITs): The strategy provides access to U.S. commercial
Fee-Based CUSIP (Cash/Reinvest) 00778V200/ 218 properties through a diversified portfolio of REITs and other real estate securities.
Ticker Symbol DIPALX
− Master Limited Partnerships (MLPs): The strategy provides access to MLPs and other
midstream energy companies.
Essential Information
Unit price at inception (per unit) $9.7750
− Preferred Securities (PFDs): The strategy provides access to a wide spectrum of the
Initial redemption price (per unit) $9.7750 preferred securities market while seeking to control long-term credit and interest-rate risks.
Initial date of deposit 8/9/2019 − Taxable closed-end funds (CEFs): The strategy targets investments in the common stock of
Portfolio ending date 8/5/2021 closed-end funds that invest significantly in equity, debt and other or income-producing
Distribution frequency Monthly, if any securities.
Historical 12-Month Distribution
Rate of Trust Holdings* 5.72% Cohen & Steers Capital Management, Inc. is the portfolio consultant.
*The distribution rate paid by the trust may be higher or lower Cohen & Steers’ investment process is unique to the respective team that selects each
than the amount shown above due to factors including, but not respective sleeve. However, each team’s investment process is integrated, combining rigorous
limited to, changes in the price of trust units, changes (including
reductions) in distributions paid by issuers, changes in actual bottom-up research with top down macroeconomic views which are employed in selecting
trust expenses and sales of securities in the portfolio. There is securities that are believed to present the best relative value and potential to contribute to the
no guarantee that the issuers of the securities included in the
trust will pay any distributions in the future. The Historical 12- trust’s investment objective.
Month Distribution Rate of Trust Holdings is calculated by
taking the weighted average of the regular income distributions
paid by the securities included in the trust’s portfolio over the 12
The Power of the Blend
months preceding the trust’s date of deposit reduced to account
for the effects of trust fees and expenses. The percentage (Dividend-Paying Equities + REITs + MLPs + PFDs + CEFs) = potential for:
shown is based on a $9.775 unit price. This historical rate is for
illustrative purposes only and is not indicative of amounts that
will actually be distributed by the trust.
− High monthly income from asset classes that generate cash flows that can rise along with
interest rates

Fee-Based Accounts Sales Charge and − Attractive risk-return profile as diversified sources of income can reduce portfolio risk
Expenses − All weather performance with the ability to potentially participate when markets rise and
(Based on initial Fee-Based Account unit price of $9.775)+
cushion the impact when markets decline
As % of
Fee-Based
Amount per
unit (based on
− Access to the combined expertise of each of Cohen & Steers’ investment teams
Public initial unit
Offering Price price) Past performance is no guarantee of future results.
Creation & Development Fee 0.51% $0.050
Organizational Costs + 0.50% $0.049 A Historical Perspective on Interest Rates
After a 35-year bull market in bonds amid declining Treasury yields, investors must now contend
Total One-Time Expense 1.01% $0.099
with two challenges: how to earn income with yields near record lows, and how to protect against
Divided by Term of Trust equals rising interest rates as the Federal Reserve gradually unwinds years of easy monetary policy.
÷ 2 years ÷ 2 years
Amortized One-Time Charges
The Cohen & Steers Dynamic Income Portfolio offers a unique potential solution to both of these
Amortized One-Time Charges 0.51% $0.050 questions.
Estimated Trust Annual + 0.34% + $0.034
Operating Expense
Estimated Average Total 0.85% $0.083
Annual Expenses +All amounts are as of 8/8/2019 and may vary thereafter. The Creation & Development Fee is fixed at $0.05
per unit and is paid at the end of the initial offering period (anticipated to be approximately three months). The
Annual Underlying Organization Costs are fixed at $0.049 per unit and are paid at the end of the initial offering period or after six
0.39% $0.038
Closed-End Fund Expenses** months, if earlier. The above table is for illustrative purposes only to illustrate how estimated trust fees and
expenses translate on an annualized basis. The above does not reflect the amount or how all fees and
** The trust will indirectly bear the management and expenses will actually be paid. You should consult the prospectus for a full description of applicable sales
operating expenses of the underlying closed-end charges and expenses of the trust, including those applicable to purchasers eligible for the fee-based account
funds. While the trust will not pay these expenses directly out discount. The one-time charges shown (the Creation & Development Fee and Organization Costs) are paid
of its own assets, these expenses are shown to illustrate the on a one-time basis as described and are not actually amortized over the life of the trust. The amount shown
impact of these expenses. Total direct and indirect estimated for “Amortized One-Time Charges” are calculated by taking the one-time dollar amounts and dividing them by
average amortized annual expenses of the trust is calculated the anticipated life of the based on the trust’s inception date and mandatory termination date. The “Estimated
by adding “Estimated Average Amortized Annual Expenses” Average Amortized Annual Expenses” is taken by adding the “Amortized One-Time Charges” amount and
and “Annual Underlying Closed-End Fund Expenses”. “Estimated Annual Operating Expense” amounts.

FOR USE ONLY WITH INVESTOR ACCOUNTS ELIGIBLE FOR THE “FEE-BASED ACCOUNT”
SALES CHARGE DESCRIBED ON PAGE 3 Page 1 of 3

Advisors Asset Management, Inc. (AAM) is a SEC registered investment advisor and member FINRA/SIPC.
 Series 2019-3, ADT 1958
Cohen & Steers Dynamic Income Portfolio Fee-Based Account UIT Fact Card

Portfolio Holdings (as of date of deposit)

Ticker Ticker
Symbol Issue Name Symbol Issue Name
Dividend-Paying Equities (19.98%) Taxable Closed-End Funds (20.02%)
T AT&T, Inc. ADX Adams Diversified Equity Fund, Inc.
DG Dollar General Corporation BIT BlackRock Multi-Sector Income Trust
PM Philip Morris International, Inc. CHI Calamos Convertible Opportunities and Income Fund
PG The Procter & Gamble Company Eaton Vance Tax Managed Global Buy Write
ETW
TSN Tyson Foods, Inc. Opportunities Fund
CVX Chevron Corporation Eaton Vance Tax-Advantaged Global Dividend
ETG
MPC Marathon Petroleum Corporation Income Fund
OXY Occidental Petroleum Corporation FEI First Trust MLP and Energy Income Fund
BAC Bank of America Corporation MGU Macquarie Global Infrastructure Total Return Fund Inc
CME CME Group, Inc. JCE Nuveen Core Equity Alpha Fund
CMA Comerica, Inc. JRI Nuveen Real Asset Income and Growth Fund
RF Regions Financial Corporation HQH Tekla Healthcare Investors
WFC Wells Fargo & Company Preferred Securities (19.98%)
CVS CVS Health Corporation CHSCL CHS, Inc.
JNJ Johnson & Johnson ENBA Enbridge, Inc.
AVGO Broadcom, Inc. BAC B Bank of America Corporation
CSCO Cisco Systems, Inc. FRC G First Republic Bank
MSFT Microsoft Corporation MS I Morgan Stanley
CE Celanese Corporation RF B Regions Financial Corporation
FE FirstEnergy Corporation STT D State Street Corporation
MLPs (19.96%) WFC Q Wells Fargo & Company
BPMP BP Midstream Partners LP WRB E WR Berkley Corporation
CNXM CNX Midstream Partners LP AMH H American Homes 4 Rent
ENBL Enable Midstream Partners LP Industry Breakdown
ET Energy Transfer LP
% of Portfolio
EPD Enterprise Products Partners LP
Energy 22.96%
GLOP GasLog Partners LP
GEL Genesis Energy LP Real Estate 20.06%
MPLX MPLX LP Financials 5.00%
PBFX PBF Logistics LP Consumer Staples 3.03%
PAA Plains All American Pipeline LP Information Technology 2.94%
REITS (20.06%)
Health Care 1.96%
Materials 1.03%
CONE CyrusOne, Inc.
Consumer Discretionary 1.01%
EXR Extra Space Storage, Inc.
Utilities 1.01%
INVH Invitation Homes, Inc.
Communication Services 1.00%
KRC Kilroy Realty Corporation
Equities Sub-Total 60.00%
MAC The Macerich Company
Financials 13.98%
SBRA Sabra Health Care REIT, Inc.
Energy 2.00%
SBAC SBA Communications Corporation
Real Estate 2.00%
UDR UDR, Inc.
Consumer Staples 2.00%
VICI VICI Properties, Inc.
Preferred Sub-Total 19.98%
WELL Welltower, Inc.
Equities & Preferred Total 79.98%
Source: Global Industrial Classification Standards
As of 8/8/2019 and does not include Closed-End Funds. Breakdowns are based on the sources

FOR USE ONLY WITH INVESTOR ACCOUNTS ELIGIBLE FOR THE “FEE-BASED ACCOUNT”
Page 2 of 3 SALES CHARGE DESCRIBED ON PAGE 3

Intelligent Investments. Independent Ideas.

 Series 2019-3, ADT 1958
Cohen & Steers Dynamic Income Portfolio Fee-Based Account UIT Fact Card

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 risks associated therewith that includes, but is not limited to:
Closed-End Funds Investment: Risks include higher interest rates, economic recession, deterioration of the bond and equity market, possible downgrades, early
call provisions, changes to the tax status of the bonds and defaults of interest and/or principal. Shares of closed-end funds are also subject to various risks,
including management's ability to meet the fund's investment objective, and to manage the fund's portfolio when securities are redeemed or sold, during periods of
market turmoil and as investor perceptions regarding the funds or their underlying investments change. In addition, closed-end funds frequently trade at a discount
to their net asset value in the secondary market.
Common Stocks: An investment in common stocks should be made with an understanding of the various risks of owning common stock, such as an economic
recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market.
Dividend Payment Risk: An issuer of a security may be unwilling or unable to pay income on a security. Common stocks do not assure dividend payments and
are paid only when declared by an issuer’s board of directors. The amount of any dividend may vary over time.
Foreign Securities: Securities of foreign issuers present risks beyond those of U.S. issuers which may include market and political factors related to the issuer’s
foreign market, international trade conditions, less regulation, smaller or less liquid markets, increased volatility, differing accounting practices and changes in the
value of foreign currencies.
Interest Rate Risk: Interest rate risk is the risk that the value of bonds held by a closed-end fund will fall if interest rates increase. The securities held by the closed
-end funds typically fall in value when interest rates rise and rise in value when interest rates fall. The securities held by the closed-end funds with longer periods
before maturity are often more sensitive to interest rate changes.
Long-Term Strategy: Although this unit investment trust terminates in approximately 2 years, the strategy is long term. Investors should consider their ability to
pursue investing in successive portfolios, if available, as well as the tax consequences involved with rolling one trust into another.
Master Limited Partnerships (MLPs): MLPs are generally taxed as partnerships whose interests are generally traded on a securities exchanges. Most MLPs
generally operate in the energy natural resources or real estate sector and are subject to the risks generally applicable to companies in those sectors. Those risks
include, but are not limited to, commodity pricing risk, supply and demand risk, depletion risk and exploration risk. MLPs are also subject to the risk that authorities
could challenge the tax treatment of MLPs for federal income tax purposes which could have a negative impact on the after-tax income available for distribution by
the MLPs and/or the value of the trust’s investments.
Preferred Securities: An investment in preferred securities should be made with an understanding of the various risks of owning preferred securities such as an
economic recession, volatile interest rates and the possible deterioration of either the financial condition of the issuers of the preferred securities or the general
condition of the stock market. Preferred securities do not generally have the growth potential of common stocks. They are also sensitive to changes in interest rates
and their market price generally falls with rising interest rates. Preferred securities are more likely to be called for redemption in a declining interest rate
environment. In addition, in the event of an issuer's bankruptcy, preferred securities will not be repaid until the issuer's other debt securities, which have priority,
have been satisfied. Preferred securities are equity securities of the issuing company which pay income in the form of dividends.
REITs: An investment in a portfolio containing Real Estate Investment Trust (REIT) securities is subject to additional risks, as companies involved in the real estate
market, vacancy rates and competition, volatile interest rates and economic recession.
For Use Only with Eligible Fee-Based Account Investors: During the trust’s initial offering period, investors who purchase units through registered investment
advisers, certified financial planners or registered broker-dealers who in each case either charge investor accounts periodic fees for brokerage services, financial
planning, investment advisory or asset management services, or provide such services in connection with an investment account for which a comprehensive “wrap
fee” charge is imposed may be eligible to purchase units of the trust in fee-based accounts that are not subject to the transactional sales fee but will be subject to
the creation and development fee that is collected by the sponsor (i.e. the “Fee-Based Account” sales charge). You should consult your financial advisor to
determine whether you can benefit from these accounts and whether your unit purchases are eligible for this discount. To purchase units in these accounts, your
financial advisor must purchase units designated with one of the Fee Account CUSIP numbers, if available. The amounts shown are different from what would be
applicable for units purchased in other accounts (i.e. commission-based accounts) not eligible for this discount. See your prospectus and consult your financial
advisor for more information about eligibility and applicability of the fee-based account discount. This communication may only be used with investors that are
eligible for this discount.
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.
©2019 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: 2019-0129-7208 R Link 5804

FOR USE ONLY WITH INVESTOR ACCOUNTS ELIGIBLE FOR THE

Page 3 of 3 “FEE-BASED ACCOUNT” SALES CHARGE

Intelligent Investments. Independent Ideas.