angels portfolio, series 2018-3q...93 wba walgreens boots alliance, inc. 2.51 66.16 6,153 energy -...

Prospectus

July 19, 2018

As with any investment, the Securities andExchange Commission has not approvedor disapproved of these securities orpassed upon the adequacy or accuracy ofthis prospectus. Any contrary representa-tion is a criminal offense.

Angels Portfolio, Series 2018-3Q

Brand Favorites Focus Portfolio, Series 2018-3Q

Bulldog Portfolio, Series 2018-3Q -A Cyrus J. Lawrence LLC (“CJL”) PortfolioGlobal Dividend Strategy Portfolio, Series 2018-3Q - A HartfordInvestment Management Company (“HIMCO”) PortfolioGlobal Technology Portfolio, Series 2018-3Q

Inflation Sensitive Dividend Portfolio,Series 2018-3Q - A Hartford Investment ManagementCompany (“HIMCO”) PortfolioNASDAQ Q-50 IndexSM Portfolio, Series 2018-3Q

Strategic High 50®/Q-50 Dividend and Growth Portfolio,Series 2018-3Q

Todd International Intrinsic Value Portfolio, Series 2018-3Q

Transformers Strategy Portfolio, Series 2018-3Q

(Advisors Disciplined Trust 1882)

IINNVVEESSTTMMEENNTT OOBBJJEECCTTIIVVEE

The trust seeks to provide above average totalreturn primarily through capital appreciation.There is no assurance the trust will achieve itsobjective.

PPRRIINNCCIIPPAALL IINNVVEESSTTMMEENNTT SSTTRRAATTEEGGYY

The trust seeks to provide total return, prima-rily through capital appreciation, by investing in aportfolio of stocks of companies that we* believehave strong fundamentals. Despite the currentstate of the economy we believe there are alwaysstocks of companies that are mispriced based ontheir current fundamentals and their future out-look. We believe that this provides for opportuni-ty as the markets begin to recognize these compa-nies’ implied value. The portfolio was selectedusing the following strategy:

• We began with the stocks in the S&P 500and S&P MidCap 400 indices.

• We then eliminated stocks that have hadbelow average revenue growth over the pastyear.

• We then eliminate companies with a largerthan average debt to equity ratio and belowaverage cash flows.

• We selected the final portfolio by choosingstocks whose current valuation is attractiveconsidering their potential to achieve aboveaverage revenue and earnings growth over thenear term.

PPRRIINNCCIIPPAALL RRIISSKKSS

As with all investments, you can lose money byinvesting in this trust. The trust also might notperform as well as you expect. This can happen forreasons such as these:

• SSeeccuurriittyy pprriicceess wwiillll fflluuccttuuaattee. The value ofyour investment may fall over time.

• AAnn iissssuueerr mmaayy bbee uunnwwiilllliinngg oorr uunnaabbllee ttooddeeccllaarree ddiivviiddeennddss iinn tthhee ffuuttuurree,, oorr mmaayyrreedduuccee tthhee lleevveell ooff ddiivviiddeennddss ddeeccllaarreedd.. Thismay result in a reduction in the value of yourunits.

• TThhee ffiinnaanncciiaall ccoonnddiittiioonn ooff aann iissssuueerr mmaayywwoorrsseenn oorr iittss ccrreeddiitt rraattiinnggss mmaayy ddrroopp,, rreessuulltt--iinngg iinn aa rreedduuccttiioonn iinn tthhee vvaalluuee ooff yyoouurr uunniittss..This may occur at any point in time, includ-ing during the initial offering period.

• TThhee ttrruusstt mmaayy iinnvveesstt iinn sseeccuurriittiieess ooff ssmmaallllaanndd mmiidd--ssiizzee ccoommppaanniieess.. These securitiesare often more volatile and have lower trad-ing volumes than securities of larger compa-nies. Small and mid-size companies mayhave limited products or financial resources,management inexperience and less publiclyavailable information.

• WWee ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo..Except in limited circumstances, the trust willhold, and continue to buy, shares of the samesecurities even if their market value declines.

ANGELS PORTFOLIO

* “AAM”, “we” and related terms mean Advisors Asset Management,Inc., the trust sponsor, unless the context clearly suggests otherwise.

2 Investment Summary

WWHHOO SSHHOOUULLDD IINNVVEESSTT

You should consider this investment if you want:

• to own a defined portfolio of stocks select-ed based on historical quantitative andfundamental screens.

• to pursue a long-term, growth-orientedinvestment strategy that includes invest-ment in subsequent portfolios, if available.

• the potential for capital appreciation.

You should not consider this investment if you:

• are uncomfortable with the risks of anunmanaged investment in common stocks.

• are uncomfortable with the trust’s strategy.

• seek current income or capital preservation.

FFEEEESS AANNDD EEXXPPEENNSSEESS

The amounts below are estimates of the direct andindirect expenses that you may incur based on a $10 unitprice. Actual expenses may vary.

AAss aa %% AAmmoouunnttooff $$11,,000000 ppeerr 110000

SSaalleess FFeeee IInnvveesstteedd UUnniittss

Initial sales fee 0.00% $0.00Deferred sales fee 1.35 13.50Creation & development fee 0.50 5.00Maximum sales fee 1.85% $18.50

OOrrggaanniizzaattiioonn CCoossttss 0.49% $4.90

AAss aa %% AAmmoouunnttAAnnnnuuaall ooff NNeett ppeerr 110000ooppeerraattiinngg eexxppeennsseess AAsssseettss UUnniittss

Trustee fee & expenses 0.18% $1.77Supervisory, evaluation

and administration fees 0.10 1.00Total 0.28% $2.77

The initial sales fee is the difference between thetotal sales fee (maximum of 1.85% of the unit offeringprice) and the sum of the remaining deferred sales fee andthe total creation and development fee. The deferredsales fee is fixed at $0.135 per unit and is paid in threemonthly installments beginning on November 20, 2018.The creation and development fee is fixed at $0.05 perunit and is paid at the end of the initial offering period(anticipated to be approximately three months). Whenthe public offering price per unit is less than or equal to$10, you will not pay an initial sales fee. When the pub-lic offering price per unit is greater than $10 per unit, youwill pay an initial sales fee.

EEXXAAMMPPLLEE

This example helps you compare the cost of this trustwith other unit trusts and mutual funds. In the example weassume that the expenses do not change and that the trust’sannual return is 5%. Your actual returns and expenses willvary. Based on these assumptions, you would pay theseexpenses for every $10,000 you invest in the trust:

1 year $2643 years $8115 years $1,38410 years $2,942

This example assumes that you continue to followthe trust strategy and roll your investment, including alldistributions, into a new series of the trust each year sub-ject to a sales charge of 1.85%.

ESSENTIAL INFORMATION

Unit price at inception $10.0000

Inception date July 19, 2018Termination date October 21, 2019

Distribution dates 25th day of June & DecemberRecord dates 10th day of June & December

CUSIP NumbersStandard Accounts

Cash distributions 00774V113Reinvest distributions 00774V121

Fee Based AccountsCash distributions 00774V139Reinvest distributions 00774V147

Ticker Symbol ANGLWX

Minimum investment $1,000/100 units

Tax Structure Regulated Investment Company

Investment Summary 3

Angels Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)PortfolioAs of the trust inception date, July 19, 2018

COMMON STOCKS — 100.00%

Consumer Discretionary - 12.58%

48 EXPE Expedia Group, Inc. 2.49% $127.49 $6,119258 GNTX Gentex Corporation 2.51 23.83 6,148

2 NVR NVR, Inc. (3) 2.55 3,130.21 6,26061 THO Thor Industries, Inc. 2.51 100.98 6,16064 TJX The TJX Companies, Inc. 2.52 96.62 6,184

Consumer Staples - 5.05%

29 COST Costco Wholesale Corporation 2.54 214.97 6,23493 WBA Walgreens Boots Alliance, Inc. 2.51 66.16 6,153

Energy - 7.49%

50 CVX Chevron Corporation 2.48 121.53 6,07687 COP ConocoPhillips 2.50 70.35 6,12085 MPC Marathon Petroleum Corporation 2.51 72.56 6,168

Financials - 17.53%

12 BLK BlackRock, Inc. 2.50 510.85 6,130114 SCHW The Charles Schwab Corporation 2.52 54.22 6,181

36 CME CME Group, Inc. 2.51 171.02 6,15797 ETFC E*TRADE Financial Corporation (3) 2.50 63.13 6,12492 EWBC East West Bancorp, Inc. 2.51 66.85 6,150

102 PGR The Progressive Corporation 2.51 60.39 6,16067 WTFC Wintrust Financial Corporation 2.48 90.84 6,086

Health Care - 17.54%97 A Agilent Technologies, Inc. 2.49 62.99 6,11017 BIIB Biogen, Inc. (3) 2.48 358.51 6,09546 CNC Centene Corporation (3) 2.51 134.02 6,16541 EW Edwards Lifesciences Corporation (3) 2.50 149.81 6,14212 ISRG Intuitive Surgical, Inc. (3) 2.58 527.91 6,33535 SYK Stryker Corporation 2.48 173.74 6,08124 UNH UnitedHealth Group, Inc. 2.50 255.42 6,130

(continued)

Percentage of Market Cost ofNumber Ticker Aggregate Offering Value per Securitiesof Shares Symbol Issuer(1) Price Share(1) to Trust(2)


Angels Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio (Continued)As of the trust inception date, July 19, 2018

Industrials - 7.45%

54 CSL Carlisle Companies, Inc. 2.49% $113.24 $6,11544 CMI Cummins, Inc. 2.47 137.73 6,06029 TDY Teledyne Technologies, Inc. (3) 2.49 210.23 6,097

Information Technology - 24.87%

75 ATVI Activision Blizzard, Inc. 2.48 81.27 6,09524 ADBE Adobe Systems, Inc. (3) 2.54 259.78 6,235

5 GOOGL Alphabet, Inc. (3) 2.47 1,212.91 6,06529 FB Facebook, Inc. (3) 2.48 209.36 6,07134 LRCX Lam Research Corporation 2.51 181.32 6,16524 NVDA NVIDIA Corporation 2.46 251.70 6,04169 PYPL PayPal Holdings, Inc. (3) 2.48 88.22 6,08741 CRM salesforce.com, Inc. (3) 2.47 147.84 6,06158 SLAB Silicon Laboratories, Inc. (3) 2.51 106.20 6,16043 V Visa, Inc. 2.47 140.90 6,059

Materials - 4.98%

66 RS Reliance Steel & Aluminum Company 2.49 92.52 6,106106 WRK WestRock Company 2.49 57.64 6,110

Real Estate - 2.51%

36 JLL Jones Lang LaSalle, Inc. 2.51 171.16 6,162

100.00% $245,357

Notes to Portfolio

(1) Securities are represented by contracts to purchase securities. The value of each security is based on the most recent closing sale price of eachsecurity as of the close of regular trading on the New York Stock Exchange on the business day prior to the trust’s inception date. In accordancewith Accounting Standards Codification 820, “Fair Value Measurements”, the trust’s investments are classified as Level 1, which refers to securityprices determined using quoted prices in active markets for identical securities.

(2) The cost of the securities to the sponsor and the sponsor’s profit or (loss) (which is the difference between the cost of the securities to the spon-sor and the cost of the securities to the trust) are $245,357 and $0, respectively.

(3) This is a non-income producing security.

(4) This is a security issued by a foreign company.




The trust seeks to provide above average totalreturn primarily through capital appreciation. There isno assurance the trust will achieve its objective.


The trust seeks to provide above average totalreturn primarily through capital appreciation by invest-ing in a portfolio of stocks of companies that EugeneE. Peroni, Jr. of Peroni Portfolio Advisors, Inc. (the“Portfolio Consultant”) believes capture the interest ofconsumers. Mr. Peroni selected the trust’s portfoliothrough the application of his proprietary method oftechnical analysis, the Peroni Method®, and consider-ation of stocks of companies whose brands are recog-nizable and whose products and services are used indaily life. The trust’s focus on companies with namerecognizable brands attempts to follow the theory thatthe products and services consumers research and thenuse the most are often produced by companies worthinvestment consideration. This technical methodologyscreens for long-term historical price behavior, relativestrength and potential for future capital appreciation.

The Peroni Method® is a bottom-up approach tostock selection that is primarily based on technicalanalysis. The methodology examines a stock’s pricearchitecture, accumulation and distribution trends andrelative strength patterns, among other more subtletrading characteristics. This information is partly gath-ered and analyzed through hand drawn point and fig-ure charts which have been a part of the methodologyfor over half a century. While the Peroni Method® isprimarily focused on the technical characteristics ofindividual stocks, economic, monetary, geopoliticaland sentiment factors at play in the market place arealso incorporated to identify leading stocks and sectors.

Technical analysis differs from fundamental analy-sis, which generally involves financial scrutiny of theissuing company and considers such factors as earningsprojections, P/E ratios, cash flow and other balancesheet data. The Peroni Method® may be an invest-ment alternative to fundamental analysis.

Mr. Peroni uses the Peroni Method® to selectstocks that he believes are best able to provide aboveaverage total return primarily through capital apprecia-tion. He believes that technical factors can help iden-tify industry sector relative strength patterns that mayplay an important role in investment success. Themethodology allows an unconstrained approach tostock selection, spanning all market caps and invest-ment styles, i.e. growth and value.

Eugene E. Peroni Jr. has regularly published hisinsights in reports offering stock market forecasts andspecific stock recommendations for both short andlonger-term investments. Mr. Peroni regularly appearson CNBC, CBS MarketWatch, Nightly BusinessReport, Fox Business News and Bloomberg Radio,and has been quoted in publications such as The WallStreet Journal, The New York Times, U.S. News andWorld Report and Investors Business Daily.

Mr. Peroni began training in the field of technicalresearch at age 16 with his father, Eugene E. Peroni,Sr., who founded the Peroni Method® more than 50years ago. Mr. Peroni has over 40 years of experiencein his field. The Peroni Method® uses a bottom-upapproach, primarily emphasizing the technical meritsof individual stocks.

Mr. Peroni has a library of approximately 1,000hand-charted stocks that is the result of extensive tech-nical research and is regularly refreshed to include newopportunities gleaned through ticker tape analysis,news outlets, corporate developments and practicalobservations. Charts with attractive price architectureare noted and stocks are ranked and screened on a reg-ular basis. Historical characteristics are analyzed forprice and volume shifts and evaluations are made usingmoney flow and relative strength trends. Sector rela-tive strength is then determined by unbiased groupingsof attractive stocks. Portfolio construction progressesas weightings are determined by analyzing individualstock price behavior, economic factors, monetarytrends, psychological oscillators and investor psycholo-gy. Those stocks with the best technical characteristicsin strong or emerging leadership sectors are candidatesfor inclusion in the portfolio while also taking intoconsideration appropriate diversification.

BRAND FAVORITES FOCUS PORTFOLIO


The Peroni Method® examines numerous techni-cal, psychological and fundamental data. The datamay include:

• a stock’s historical price architecture

• net money flow trends in individual stocks

• the relative behavior of a stock’s price per-formance compared to other stocks in thesame sector

• sentiment readings such as the volatility index

• fiscal and monetary factors

• geopolitical events and their impact on specif-ic sectors


As with all investments, you can lose money by invest-ing in this trust. The trust also might not perform as wellas you expect. This can happen for reasons such as these:

• SSeeccuurriittyy pprriicceess wwiillll fflluuccttuuaattee. The value of yourinvestment may fall over time.

• TThhee ffiinnaanncciiaall ccoonnddiittiioonn ooff aann iissssuueerr mmaayy wwoorrsseenn oorriittss ccrreeddiitt rraattiinnggss mmaayy ddrroopp,, rreessuullttiinngg iinn aa rreedduuccttiioonn iinntthhee vvaalluuee ooff yyoouurr uunniittss.. This may occur at any pointin time, including during the initial offering period.

• AAnn iissssuueerr mmaayy bbee uunnwwiilllliinngg oorr uunnaabbllee ttoo ddeeccllaarree ddiivv--iiddeennddss iinn tthhee ffuuttuurree,, oorr mmaayy rreedduuccee tthhee lleevveell ooff ddiivvii--ddeennddss ddeeccllaarreedd.. This may result in a reduction inthe value of your units.

• TThhee PPeerroonnii MMeetthhoodd®® mmaayy nnoott iiddeennttiiffyy sseeccuurriittiieesstthhaatt wwiillll ssaattiissffyy tthhee ttrruusstt’’ss iinnvveessttmmeenntt oobbjjeeccttiivvee..

• TThhee ttrruusstt iiss ccoonncceennttrraatteedd iinn sseeccuurriittiieess iissssuueedd bbyy ccoonn--ssuummeerr pprroodduuccttss aanndd sseerrvviicceess ccoommppaanniieess.. Negativedevelopments in this sector will affect the value ofyour investment more than would be the case in amore diversified investment.

• TThhee ttrruusstt mmaayy iinnvveesstt iinn sseeccuurriittiieess ooff ssmmaallll aanndd mmiidd--ssiizzee ccoommppaanniieess.. These securities are often morevolatile and have lower trading volumes than securi-

ties of larger companies. Small and mid-size com-panies may have limited products or financialresources, management inexperience and less pub-licly available information.

• WWee** ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo.. Exceptin limited circumstances, the trust will hold, andcontinue to buy, shares of the same securities even iftheir market value declines.

PPOORRTTFFOOLLIIOO CCOONNSSUULLTTAANNTT

The Portfolio Consultant, Peroni PortfolioAdvisors, Inc., is an investment adviser registered inPennsylvania.

The Portfolio Consultant is not an affiliate of thesponsor. The Portfolio Consultant makes no represen-tations that the portfolio will achieve the investmentobjectives or will be profitable or suitable for any par-ticular potential investor. The sponsor did not selectthe securities for the trust.

The Portfolio Consultant and/or its affiliates mayuse the list of securities in its independent capacity asan investment adviser and distribute this informationto various individuals and entities. The PortfolioConsultant and/or its affiliates may recommend toother clients or otherwise effect transactions in thesecurities held by the trust. This may have an adverseeffect on the prices of the securities. This also mayhave an impact on the price the trust pays for the secu-rities and the price received upon unit redemptions orliquidation of the securities. The Portfolio Consultantand/or its affiliates also may issue reports and makesrecommendations on securities, which may include thesecurities in the trust.

Neither the Portfolio Consultant nor the sponsormanages the trust. Opinions expressed by the PortfolioConsultant are not necessarily those of the sponsor, andmay not actually come to pass. The trust will pay thePortfolio Consultant a fee for selecting the trust’s port-folio. The trust will also pay a license fee for the use ofcertain service marks, trademarks, trade names and/orother property of the Portfolio Consultant.


* “AAM,” “we” and related terms mean Advisors Asset Management,Inc., the trust sponsor, unless the context clearly suggests otherwise.



• to own a defined portfolio of stocks of com-panies with recognizable brands selectedbased on technical, historical quantitative andfundamental analysis.

• to pursue a long-term investment strategythat includes investment in subsequent port-folios, if available.

• the potential to receive above average totalreturns primarily through capital appreciation.


• are uncomfortable with the risks of anunmanaged investment in common stocks ofcompanies with recognizable brands.


• seek capital preservation.











EEXXAAMMPPLLEE







Distribution dates 25th day of January, April,July and October

Record dates 10th day of January, April,July and October




Ticker Symbol BFFAYX




Brand Favorites Focus Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio — As of the trust inception date, July 19, 2018



2 AMZN Amazon.com, Inc. (4) 1.99% $1,842.92 $3,68654 BC Brunswick Corporation 1.99 68.19 3,68212 CHDN Churchill Downs, Inc. 1.98 305.65 3,66840 COLM Columbia Sportswear Company 2.02 93.43 3,73733 DRI Darden Restaurants, Inc. 2.00 112.15 3,70143 DDS Dillard’s, Inc. 2.00 86.03 3,69913 DPZ Domino’s Pizza, Inc. 1.99 283.68 3,68818 HD The Home Depot, Inc. 1.96 200.97 3,61747 IRBT iRobot Corporation (4) 2.00 78.68 3,69819 LEA Lear Corporation 1.96 190.63 3,62229 LULU Lululemon Athletica, Inc. (4) 2.02 128.81 3,73623 MCD McDonald’s Corporation 1.97 157.93 3,63210 NFLX Netflix, Inc. (4) 2.03 375.13 3,75148 NKE NIKE, Inc. 1.99 76.59 3,67650 OLLI Ollie’s Bargain Outlet Holdings, Inc. (4) 2.02 74.65 3,73330 PII Polaris Industries, Inc. 2.01 123.56 3,70754 SHAK Shake Shack, Inc. (4) 2.00 68.53 3,70153 SIX Six Flags Entertainment Corporation 2.00 69.82 3,70038 TJX The TJX Companies, Inc. 1.99 96.62 3,67213 MTN Vail Resorts, Inc. 2.03 288.78 3,75433 DIS The Walt Disney Company 1.98 110.69 3,65330 W Wayfair, Inc. (4) 2.02 124.25 3,72846 WWE World Wrestling Entertainment, Inc. 2.00 80.52 3,704


69 CHD Church & Dwight Company, Inc. 2.01 53.79 3,71217 COST Costco Wholesale Corporation 1.98 214.97 3,65526 EL The Estee Lauder Companies, Inc. 1.99 141.21 3,67140 HSY The Hershey Company 1.98 91.41 3,65634 SJM The J.M. Smucker Company 2.01 109.01 3,70636 KMB Kimberly-Clark Corporation 2.02 103.90 3,74032 MKC McCormick & Company, Inc. 2.03 117.52 3,76132 PEP PepsiCo, Inc. 1.99 114.83 3,67546 PG The Procter & Gamble Company 1.98 79.72 3,66724 WDFC WD-40 Company 2.05 157.60 3,782

Health Care - 3.95%

10 ALGN Align Technology, Inc. (4) 2.01 372.31 3,72314 UNH UnitedHealth Group, Inc. 1.94 255.42 3,576

(Continued)



Brand Favorites Focus Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio (Continued) — As of the trust inception date, July 19, 2018

Industrials - 3.99%

10 BA The Boeing Company 1.95% $360.23 $3,60216 FDX FedEx Corporation 2.04 236.19 3,779


3 GOOG Alphabet, Inc. (4) 1.94 1,195.88 3,58819 AAPL Apple, Inc. 1.96 190.40 3,61825 EA Electronic Arts, Inc. (4) 2.01 148.93 3,72318 FB Facebook, Inc. (4) 2.04 209.36 3,76833 GRUB GrubHub, Inc. (4) 2.03 113.87 3,75872 INTC Intel Corporation 2.02 51.72 3,72417 INTU Intuit, Inc. 2.01 218.31 3,71135 MSFT Microsoft Corporation 1.99 105.12 3,67942 PYPL PayPal Holdings, Inc. (4) 2.00 88.22 3,70520 SPOT Spotify Technology S.A. (3)(4) 2.01 186.15 3,72326 V Visa, Inc. 1.98 140.90 3,66358 ZG Zillow Group, Inc. (4) 2.00 63.76 3,698

Materials - 2.08%

9 SHW The Sherwin-Williams Company 2.08 426.53 3,839

100.00% $184,847

Notes to Portfolio

(1) Securities are represented by contracts to purchase securities. The value of each security is based on the most recent closing sale priceof each security as of the close of regular trading on the New York Stock Exchange on the business day prior to the trust’s inception date.In accordance with Accounting Standards Codification 820, “Fair Value Measurements”, the trust’s investments are classified as Level 1,which refers to security prices determined using quoted prices in active markets for identical securities.

(2) The cost of the securities to the sponsor and the sponsor’s profit or (loss) (which is the difference between the cost of the securities to thesponsor and the cost of the securities to the trust) are $184,847 and $0, respectively.


Common stocks comprise 100.00% of the investments in the trust, broken down by country of organization as set forth below:

Luxembourg 2.01%United States 97.99%





The trust seeks to provide above averagetotal return primarily through capital apprecia-tion. There is no assurance the trust will achieveits objective.


The trust seeks to achieve its objective byinvesting in a portfolio of stocks selected byCyrus J. Lawrence LLC (the “PortfolioConsultant”). The Portfolio Consultant consid-ered stocks of companies for inclusion in thetrust’s portfolio that it defines as “Bulldogs”. ThePortfolio Consultant believes that these so-calledBulldogs have the potential to take advantage ofthe current global economic landscape.

Bulldogs are defined by the PortfolioConsultant as companies who have all or somecombination of the following attributes:

1) a highly motivated management teamwith a no-holds-barred attitude towardsmarket share dominance,

2) are cutting edge in terms of economies ofscale, product or service differentiation,and innovation or patents,

3) can drive superior unit growth versus itscompetitors,

4) are good at dropping unit cost,

5) have the ability to demonstrate superiorpricing power for its products or services,

6) offer quality products and purchasingagents have no career risk in buying fromthem,

7) have strong balance sheets and do nothesitate using them to gain market share,including longer payment terms and con-signment of inventory to customer usageregions, and

8) use their strength to help their customersdrive unit growth via company sales pro-motions, cooperative advertising, etc.

Stock selection for the trust’s portfolio includ-ed analyzing factors such as: market capitalization,economic sector performance, revenue growth,earnings growth, balance sheet strength and rela-tive valuation. In selecting stocks for the portfolio,the Portfolio Consultant sought reasonable diversi-fication amongst issuers and only considered com-panies with a market capitalization of $5 billion ormore as of the trust’s inception. Of course, as withany similar investment, there can be no assurancethat the objective of the trust will be achieved.


As with all investments, you can lose moneyby investing in this trust. The trust also mightnot perform as well as you expect. This can hap-pen for reasons such as these:


• AAnn iissssuueerr mmaayy bbee uunnwwiilllliinngg oorr uunnaabbllee ttooddeeccllaarree ddiivviiddeennddss iinn tthhee ffuuttuurree,, oorr mmaayyrreedduuccee tthhee lleevveell ooff ddiivviiddeennddss ddeeccllaarreedd.. Thismay result in a reduction in the value of yourunits.


BULLDOG PORTFOLIO


• TThhee ttrruusstt iiss ccoonncceennttrraatteedd iinn sseeccuurriittiieess iissssuueeddbbyy iinnffoorrmmaattiioonn tteecchhnnoollooggyy ccoommppaanniieess..Negative developments in this sector willaffect the value of your investment more thanwould be the case in a more diversifiedinvestment.

• WWee** ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo..Except in limited circumstances, the trust willhold, and continue to buy, shares of the samesecurities even if their market value declines.


The Portfolio Consultant, Cyrus J. LawrenceLLC, is a registered investment adviser formed inNovember 2014.

The Portfolio Consultant is not an affiliate ofthe sponsor. The Portfolio Consultant makes norepresentations that the portfolio will achieve theinvestment objectives or will be profitable or suit-able for any particular potential investor. Thesponsor did not select the securities for the trust.

The Portfolio Consultant and/or its affiliatesmay use the list of securities in its independentcapacity as an investment adviser and distributethis information to various individuals and enti-ties. The Portfolio Consultant and/or its affiliatesmay recommend to other clients or otherwiseeffect transactions in the securities held by thetrust. This may have an adverse effect on theprices of the securities. This also may have animpact on the price the trust pays for the securi-ties and the price received upon unit redemptionsor liquidation of the securities. The PortfolioConsultant and/or its affiliates also may issuereports and makes recommendations on securi-ties, which may include the securities in the trust.

Neither the Portfolio Consultant nor thesponsor manages the trust. Opinions expressedby the Portfolio Consultant are not necessarilythose of the sponsor, and may not actually cometo pass. The trust will pay the PortfolioConsultant a fee for selecting the trust’s portfolio.The trust will also pay a license fee for the use ofcertain service marks, trademarks, trade namesand/or other property of the Portfolio Consultant.





• to own a defined portfolio of stocks.

• the potential for total return primarilythrough capital appreciation.




• seek capital preservation or income as a pri-mary objective.











EEXXAAMMPPLLEE







Distribution dates 25th day of Juneand December

Record dates 10th day of Juneand December




Ticker Symbol BDOGNX




Bulldog Portfolio, Series 2018-3Q - A Cyrus J. Lawrence LLC (“CJL”) Portfolio(Advisors Disciplined Trust 1882)PortfolioAs of the trust inception date, July 19, 2018



4 AMZN Amazon.com, Inc. (4) 3.41% $1,842.92 $7,37274 APTV Aptiv PLC (3) 3.31 96.78 7,16236 HD The Home Depot, Inc. 3.34 200.97 7,235

141 SBUX Starbucks Corporation 3.33 51.15 7,21229 ULTA Ulta Beauty, Inc. (4) 3.36 250.64 7,269


34 COST Costco Wholesale Corporation 3.38 214.97 7,309

Financials - 13.36%

239 BAC Bank of America Corporation 3.33 30.13 7,20114 BLK BlackRock, Inc. 3.31 510.85 7,15265 JPM JPMorgan Chase & Company 3.35 111.53 7,24934 SPGI S&P Global, Inc. 3.37 214.26 7,285

Health Care - 13.19%

29 BDX Becton Dickinson and Company 3.30 246.15 7,13823 ILMN Illumina, Inc. (4) 3.27 307.28 7,06734 TMO Thermo Fisher Scientific, Inc. 3.32 211.43 7,18928 UNH UnitedHealth Group, Inc. 3.30 255.42 7,152

Industrials - 6.63%

30 FDX FedEx Corporation 3.27 236.19 7,08647 URI United Rentals, Inc. (4) 3.36 154.91 7,281

(Continued)



Bulldog Portfolio, Series 2018-3Q - A Cyrus J. Lawrence LLC (“CJL”) Portfolio(Advisors Disciplined Trust 1882)Portfolio (Continued)As of the trust inception date, July 19, 2018


28 ADBE Adobe Systems, Inc. (4) 3.36% $259.78 $7,27438 BABA Alibaba Group Holding Limited (3)(4) 3.35 190.79 7,250

6 GOOGL Alphabet, Inc. (4) 3.36 1,212.91 7,27738 AAPL Apple, Inc. 3.34 190.40 7,23552 ADSK Autodesk, Inc. (4) 3.30 137.43 7,14661 BR Broadridge Financial Solutions, Inc. 3.33 118.17 7,20834 FB Facebook, Inc. (4) 3.29 209.36 7,118

139 INTC Intel Corporation 3.32 51.72 7,18935 MA Mastercard, Inc. 3.37 208.36 7,29369 MSFT Microsoft Corporation 3.35 105.12 7,253

134 SSNC SS&C Technologies Holdings, Inc. 3.34 53.91 7,224188 TSM Taiwan Semiconductor Manufacturing

Company Limited (3) 3.34 38.41 7,22151 V Visa, Inc. 3.32 140.90 7,186

Materials - 3.32%

108 DWDP DowDuPont, Inc. 3.32 66.59 7,192

100.00% $216,425

Notes to Portfolio





Cayman Islands 3.35%Jersey 3.31%Taiwan 3.34%United States 90.00%





The trust seeks to provide above average totalreturn primarily through dividend income. Thereis no assurance the trust will achieve its objective.


The trust seeks to provide above average totalreturn primarily through dividends, investing in aportfolio of common stocks of foreign anddomestic companies selected by HartfordInvestment Management Company (“HIMCO”).

HIMCO sought to select high quality stockswith above average dividend yields by consideringa broad universe including securities in theRussell 3000® Index and approximately 500American Depository Receipts ("ADRs") for inclu-sion in the trust's portfolio. HIMCO used a struc-tured quantitative approach combined with funda-mental oversight. HIMCO's quantitative approachsought to identify companies within each industrysector possessing attractive fundamentals such assolid balance sheets, high quality earnings andattractive growth prospects. HIMCO reviewedfinal selections for the trust's portfolio to assessthe impact of recent events (including manage-ment issues, legal proceedings and future mergersor acquisition) on each stock's prospects.

Under normal market conditions, the trustwill invest at least 40% of its total assets in for-eign common stocks. For this purpose, foreigncommon stocks include common stocks issued byissuers (1) organized outside of the U.S., (2) withheadquarters or principal places of business locat-ed outside the U.S. or (3) doing a substantialamount of business outside the U.S. (either 50%or more of the issuer’s assets are located outside

the U.S. or 50% or more of the issuer’s revenuesare derived outside the U.S.). Foreign commonstocks may include investments in ADRs andother depositary receipts.




• TThhee iissssuueerr ooff aa sseeccuurriittyy mmaayy bbee uunnwwiilllliinngg oorruunnaabbllee ttoo mmaakkee ddiivviiddeenndd ppaayymmeennttss iinn tthheeffuuttuurree.. This may reduce the level of divi-dends the trust receives which would reduceyour income and cause the value of yourunits to fall.

• TThhee ffiinnaanncciiaall ccoonnddiittiioonn ooff aann iissssuueerr mmaayy wwoorrss--eenn oorr iittss ccrreeddiitt rraattiinnggss mmaayy ddrroopp,, rreessuullttiinngg iinn aarreedduuccttiioonn iinn tthhee vvaalluuee ooff yyoouurr uunniittss.. This mayoccur at any point in time, including duringthe primary offering period of the trust.

• SSeeccuurriittiieess ooff ffoorreeiiggnn ccoommppaanniieess hheelldd bbyy tthheettrruusstt pprreesseenntt rriisskkss bbeeyyoonndd tthhoossee ooff UU..SS.. iissssuueerrss..These risks may include market and politicalfactors related to the company’s foreign mar-ket, international trade conditions, less regula-tion, smaller or less liquid markets, increasedvolatility, differing accounting practices andchanges in the value of foreign currencies.

• TThhee ttrruusstt iiss ccoonncceennttrraatteedd iinn sseeccuurriittiieess iissssuueeddbbyy ccoommppaanniieess iinn tthhee ffiinnaanncciiaallss sseeccttoorr..Negative developments in the financials sec-tor will affect the value of your investmentmore than would be the case in a more diver-sified investment.

GLOBAL DIVIDEND STRATEGY PORTFOLIO


• TThhee ttrruusstt iinnvveessttss iinn sseeccuurriittiieess sseelleecctteedd bbyyHHIIMMCCOO.. In the event that HIMCO incor-rectly assesses an issuer’s prospects forgrowth or if HIMCO’s judgment abouthow other investors will value an issuer’sgrowth is wrong, then the price of anissuer’s stock may decrease or not increaseto the level anticipated.

• WWee** ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo..Except in limited circumstances, the trustwill generally hold, and continue to buy,shares of the same securities even if theirmarket value declines.


HIMCO, Hartford Investment ManagementCompany, is a registered investment adviser.

HIMCO is not an affiliate of the sponsor.HIMCO selected a list of securities to be includ-ed in the portfolio based on the criteria providedby the sponsor. HIMCO makes no representa-tions that the portfolio will achieve the invest-ment objectives or will be profitable or suitablefor any particular potential investor. The sponsordid not select the securities for the trust.

HIMCO may use the list of securities in itsindependent capacity as an investment adviserand distribute this information to various individ-uals and entities. HIMCO may recommend toother clients or otherwise effect transactions inthe securities held by the trust. This may have anadverse effect on the prices of the securities. Thisalso may have an impact on the price the trustpays for the securities and the price received uponunit redemptions or liquidation of the securities.HIMCO may also issue reports and make recom-mendations on securities, which may include thesecurities in the trust.

Neither HIMCO nor the sponsor managesthe trust. Opinions expressed by HIMCO arenot necessarily those of the sponsor, and may notactually prove correct. The trust will payHIMCO a fee for selecting the trust’s portfolio.The trust will also pay a license fee for the use ofcertain service marks, trademarks, trade namesand/or other property of HIMCO.





• to own a portfolio primarily consisting ofstocks of foreign and domestic companies.

• the potential for above average total returnprimarily through dividend income.


• are uncomfortable with the risks of anunmanaged investment in stocks of foreignand domestic companies.












EEXXAAMMPPLLEE







Distribution dates 25th day of each monthRecord dates 10th day of each month




Ticker Symbol HGDAYX




Global Dividend Strategy Portfolio,Series 2018-3Q - A Hartford Investment Management Company (“HIMCO”) Portfolio(Advisors Disciplined Trust 1882)PortfolioAs of the trust inception date, July 19, 2018


Consumer Discretionary - 5.99%137 F Ford Motor Company 1.00% $10.87 $1,489

51 GME GameStop Corporation 0.50 14.58 74437 GM General Motors Company 0.99 39.87 1,47510 KSS Kohl’s Corporation 0.49 72.33 72320 LVS Las Vegas Sands Corporation 1.01 74.67 1,49321 SIX Six Flags Entertainment Corporation 0.99 69.82 1,46610 TGT Target Corporation 0.52 76.85 76918 TUP Tupperware Brands Corporation 0.49 40.45 728

Consumer Staples - 6.50%13 MO Altria Group, Inc. 0.50 57.43 74749 KO The Coca-Cola Company 1.49 45.12 2,21134 GIS General Mills, Inc. 0.99 43.09 1,46522 K Kellogg Company 1.02 68.96 1,51714 KMB Kimberly-Clark Corporation 0.98 103.90 1,45519 PG The Procter & Gamble Company 1.02 79.72 1,51541 VGR Vector Group Limited 0.50 18.09 742

Energy - 9.97%100 BP BP PLC (3) 2.98 44.25 4,425

43 ENB Enbridge, Inc. (3) 0.99 34.21 1,47120 E Eni SpA (3) 0.51 37.78 75636 XOM Exxon Mobil Corporation 1.99 82.22 2,96072 TOT TOTAL S.A. (3) 3.01 62.00 4,46417 TRP TransCanada Corporation (3) 0.49 42.84 728

Financials - 30.05%138 AZSEY Allianz SE (3) 1.99 21.45 2,960

35 ANZBY Australia & New Zealand Banking Group Limited (3) 0.51 21.44 75028 BMO Bank of Montreal (3) 1.49 78.97 2,21113 BNS The Bank of Nova Scotia (3) 0.51 57.72 75017 CM Canadian Imperial Bank of Commerce (3) 1.01 88.02 1,49639 CIM Chimera Investment Corporation 0.49 18.82 73431 CNA CNA Financial Corporation 1.01 48.33 1,49826 FHB First Hawaiian, Inc. 0.50 28.81 74955 FNB FNB Corporation 0.50 13.44 73947 HSBC HSBC Holdings PLC (3) 1.50 47.43 2,229

148 HBAN Huntington Bancshares, Inc. 1.50 15.05 2,227

(Continued)



Global Dividend Strategy Portfolio,Series 2018-3Q - A Hartford Investment Management Company (“HIMCO”) Portfolio(Advisors Disciplined Trust 1882)Portfolio (Continued)As of the trust inception date, July 19, 2018

Financials (Continued)

103 ING ING Groep NV (3) 1.00% $14.45 $1,48841 MFC Manulife Financial Corporation (3) 0.50 18.24 74854 NAVI Navient Corporation 0.50 13.87 74981 NRZ New Residential Investment Corporation 1.00 18.35 1,48673 ORI Old Republic International Corporation 1.00 20.43 1,49129 PACW PacWest Bancorp 0.99 50.81 1,47464 POFNF Power Financial Corporation (3) 1.01 23.35 1,49453 PFG Principal Financial Group, Inc. 1.99 55.71 2,95310 RY Royal Bank of Canada (3) 0.52 77.08 771

263 SCGLY Societe Generale S.A. (3) 1.51 8.52 2,241671 SMFG Sumitomo Mitsui Financial Group, Inc. (3) 3.50 7.74 5,194

22 TRMK Trustmark Corporation 0.50 33.74 74247 TWO Two Harbors Investment Corporation 0.50 15.87 74696 UBS UBS Group AG (3) 1.00 15.40 1,47853 WFC Wells Fargo & Company 2.02 56.57 2,998

101 WBK Westpac Banking Corporation (3) 1.50 22.00 2,222


30 CAH Cardinal Health, Inc. 1.00 49.49 1,485109 GSK GlaxoSmithKline PLC (3) 3.01 40.97 4,466

47 MRK Merck & Company, Inc. 1.99 62.94 2,95846 NVS Novartis AG (3) 2.51 80.96 3,724

118 PFE Pfizer, Inc. 3.00 37.66 4,444

Industrials - 7.34%

34 ABB ABB Limited (3) 0.50 22.00 74872 AYR Aircastle Limited (3) 1.00 20.57 1,48128 ETN Eaton Corporation PLC (3) 1.48 78.37 2,19421 EMR Emerson Electric Company 0.99 69.69 1,464

4 MITSY Mitsui & Company Limited (3) 0.91 336.82 1,34732 SIEGY Siemens AG (3) 1.48 68.80 2,20113 UPS United Parcel Service, Inc. 0.98 112.16 1,458


156 ASX ASE Technology Holding Company Limited (3) 0.50 4.72 73617 CA CA, Inc. 0.50 44.02 74870 CAJ Canon, Inc. (3) 1.50 31.70 2,21988 CSCO Cisco Systems, Inc. 2.50 42.21 3,71531 IBM International Business Machines Corporation 3.02 144.52 4,480

(Continued)



Global Dividend Strategy Portfolio,Series 2018-3Q - A Hartford Investment Management Company (“HIMCO”) Portfolio(Advisors Disciplined Trust 1882)Portfolio (Continued)As of the trust inception date, July 19, 2018

Materials - 5.06%30 BASFY BASF SE (3) 0.50% $24.51 $73534 BBL BHP Billiton PLC (3) 1.01 44.22 1,50428 IP International Paper Company 1.00 53.05 1,48514 LYB LyondellBasell Industries N.V. (3) 1.03 108.61 1,52141 RIO Rio Tinto PLC (3) 1.52 54.94 2,253

Real Estate - 4.53%41 GLPI Gaming and Leisure Properties, Inc. 1.00 36.14 1,48226 HPT Hospitality Properties Trust 0.50 28.73 74743 IRM Iron Mountain, Inc. 1.01 34.70 1,49248 PK Park Hotels & Resorts, Inc. 1.01 31.11 1,49334 SIR Select Income REIT 0.51 22.12 752

100 VER VEREIT, Inc. 0.50 7.42 742

Telecommunication Services - 5.00%116 DCMYY NTT DOCOMO, Inc. (3) 2.00 25.60 2,970

87 VZ Verizon Communications, Inc. 3.00 51.14 4,449

Utilities - 6.03%27 CNP CenterPoint Energy, Inc. 0.50 27.61 74621 D Dominion Energy, Inc. 0.99 69.95 1,46928 DUK Duke Energy Corporation 1.52 80.44 2,25253 PPL PPL Corporation 1.00 27.99 1,48463 SO The Southern Company 2.02 47.55 2,996

100.00% $148,401

Notes to Portfolio(1) Securities are represented by contracts to purchase securities. The value of each security is based on the most recent closing sale price of each

security as of the close of regular trading on the New York Stock Exchange on the business day prior to the trust’s inception date. In accordancewith Accounting Standards Codification 820, “Fair Value Measurements”, the trust’s investments are classified as Level 1, which refers to securityprices determined using quoted prices in active markets for identical securities.

(2) The cost of the securities to the sponsor and the sponsor’s profit or (loss) (which is the difference between the cost of the securities to the sponsorand the cost of the securities to the trust) are $148,422 and $(21), respectively.



Australia 2.01% Bermuda 1.00% Canada 6.52%France 4.52% Germany 3.97% Ireland 1.48%Italy 0.51% Japan 7.91% Netherlands 2.03%Switzerland 4.01% Taiwan 0.50% United Kingdom 10.02%United States 55.52%





The trust seeks to provide above average totalreturn primarily through capital appreciation. Thereis no assurance the trust will achieve its objective.


The trust seeks to provide above average totalreturn primarily through capital appreciation byinvesting in a portfolio of common stocks of foreignand domestic companies involved in the informa-tion technology sector.

In selecting the securities for the portfolio, we*considered industry designation, market capitaliza-tion, past revenue and earnings growth rates, currentrevenues and earnings, revenue and earnings projec-tions, balance sheet strength and valuation. We alsoconsidered companies which derive a substantialportion of business and/or are located or organizedin countries throughout the world, including theUnited States. Of course, as with any similar invest-ment, there can be no assurance that the objective ofthe trust will be achieved.

Under normal market conditions, the trust willinvest at least 40% of its total assets in foreign com-mon stocks. For this purpose, foreign commonstocks include common stocks issued by issuers (1)organized outside of the U.S., (2) with headquartersor principal places of business located outside theU.S. or (3) doing a substantial amount of businessoutside the U.S. (either 50% or more of the issuer’sassets are located outside the U.S. or 50% or moreof the issuer’s revenues are derived outside the U.S.).Foreign common stocks may include investments inAmerican Depositary Receipts and other depositaryreceipts (“ADRs”). Under normal circumstances,the trust will invest at least 80% of its assets in secu-rities of information technology companies.


As with all investments, you can lose money byinvesting in this trust. The trust also might not per-form as well as you expect. This can happen for rea-sons such as these:


• TThhee iissssuueerr ooff aa sseeccuurriittyy mmaayy bbee uunnwwiilllliinngg oorruunnaabbllee ttoo mmaakkee ddiivviiddeenndd ppaayymmeennttss iinn tthheeffuuttuurree.. This may reduce the level of dividendsthe trust receives which would reduce yourincome and cause the value of your units to fall.

• TThhee ffiinnaanncciiaall ccoonnddiittiioonn ooff aann iissssuueerr mmaayy wwoorrsseennoorr iittss ccrreeddiitt rraattiinnggss mmaayy ddrroopp,, rreessuullttiinngg iinn aarreedduuccttiioonn iinn tthhee vvaalluuee ooff yyoouurr uunniittss.. This mayoccur at any point in time, including during theprimary offering period.

• TThhee ttrruusstt iiss ccoonncceennttrraatteedd iinn sseeccuurriittiieess iissssuueedd bbyyccoommppaanniieess iinn tthhee iinnffoorrmmaattiioonn tteecchhnnoollooggyy sseecc--ttoorr.. Negative developments in the informationtechnology sector will affect the value of yourinvestment more than would be the case in amore diversified investment.

• SSeeccuurriittiieess ooff ffoorreeiiggnn ccoommppaanniieess hheelldd bbyy tthheettrruusstt pprreesseenntt rriisskkss bbeeyyoonndd tthhoossee ooff UU..SS.. iissssuueerrss..These risks may include market and politicalfactors related to the company’s foreign market,international trade conditions, less regulation,smaller or less liquid markets, increased volatili-ty, differing accounting practices and changes inthe value of foreign currencies.

• TThhee ttrruusstt mmaayy iinnvveesstt iinn sseeccuurriittiieess ooff ssmmaallll aannddmmiidd--ssiizzee ccoommppaanniieess.. These securities are oftenmore volatile and have lower trading volumesthan securities of larger companies. Small andmid-size companies may have limited productsor financial resources, management inexperienceand less publicly available information.

• WWee ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo.. Exceptin limited circumstances, the trust will generallyhold, and continue to buy, shares of the samesecurities even if their market value declines.


GLOBAL TECHNOLOGY PORTFOLIO




• to own a defined portfolio of stocks of foreignand domestic companies involved in the infor-mation technology sector.




• are uncomfortable investing in foreign com-panies or companies involved in the informa-tion technology sector.











The initial sales fee is the difference between the totalsales fee (maximum of 1.85% of the unit offering price) andthe sum of the remaining deferred sales fee and the total cre-ation and development fee. The deferred sales fee is fixed at$0.135 per unit and is paid in three monthly installmentsbeginning November 20, 2018. The creation and devel-opment fee is fixed at $0.05 per unit and is paid at theend of the initial offering period (anticipated to be approx-imately three months). When the public offering priceper unit is less than or equal to $10, you will not pay aninitial sales fee. When the public offering price per unit isgreater than $10 per unit, you will pay an initial sales fee.

EEXXAAMMPPLLEE













Ticker Symbol GTPAQX



Global Technology Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)PortfolioAs of the trust inception date, July 19, 2018



4 AMZN Amazon.com, Inc. (4) 2.83% $1,842.92 $7,37219 NFLX Netflix, Inc. (4) 2.74 375.13 7,127

Industrials - 2.75%

47 HRS Harris Corporation 2.75 152.15 7,151


43 ACN Accenture PLC (3) 2.75 166.38 7,15428 ADBE Adobe Systems, Inc. (4) 2.79 259.78 7,27438 BABA Alibaba Group Holding Limited (3)(4) 2.78 190.79 7,250

6 GOOGL Alphabet, Inc. (4) 2.80 1,212.91 7,27781 APH Amphenol Corporation 2.77 89.13 7,22073 ADI Analog Devices, Inc. 2.78 99.09 7,23438 AAPL Apple, Inc. 2.78 190.40 7,235

150 AMAT Applied Materials, Inc. 2.78 48.28 7,24226 ANET Arista Networks, Inc. (4) 2.74 274.69 7,14227 BIDU Baidu, Inc. (3)(4) 2.79 269.42 7,27483 CDW CDW Corporation 2.78 87.18 7,23649 EA Electronic Arts, Inc. (4) 2.80 148.93 7,298

145 EVBG Everbridge, Inc. (4) 2.77 49.68 7,20434 FB Facebook, Inc. (4) 2.73 209.36 7,118

140 INTC Intel Corporation 2.78 51.72 7,24140 LRCX Lam Research Corporation 2.79 181.32 7,25376 MCHP Microchip Technology, Inc. 2.80 95.76 7,27869 MSFT Microsoft Corporation 2.79 105.12 7,25328 NTES NetEase, Inc. (3) 2.81 261.62 7,32529 NVDA NVIDIA Corporation 2.80 251.70 7,29933 PANW Palo Alto Networks, Inc. (4) 2.74 216.22 7,13582 PYPL PayPal Holdings, Inc. (4) 2.78 88.22 7,23457 PFPT Proofpoint, Inc. (4) 2.80 127.70 7,27949 CRM salesforce.com, Inc. (4) 2.78 147.84 7,24468 SLAB Silicon Laboratories, Inc. (4) 2.77 106.20 7,222

Continued




Global Technology Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio (Continued)As of the trust inception date, July 19, 2018

Information Technology (Continued)

67 SPLK Splunk, Inc. (4) 2.77% $107.48 $7,201106 SQ Square, Inc. (4) 2.78 68.29 7,239149 TCEHY Tencent Holdings Limited (3) 2.78 48.51 7,228

51 V Visa, Inc. 2.76 140.90 7,18681 WB Weibo Corporation (3)(4) 2.79 89.51 7,25037 WEX WEX, Inc. (4) 2.78 195.62 7,23883 WP Worldpay, Inc. (4) 2.76 86.65 7,19274 YY YY, Inc. (3)(4) 2.78 97.72 7,231

100.00% $260,336

Notes to Portfolio(1) Securities are represented by contracts to purchase securities. The value of each security is based on the most recent closing sale price of each

security as of the close of regular trading on the New York Stock Exchange on the business day prior to the trust’s inception date. In accordancewith Accounting Standards Codification 820, “Fair Value Measurements”, the trust’s investments are classified as Level 1, which refers to securityprices determined using quoted prices in active markets for identical securities.




Cayman Islands 16.73%Ireland 2.75%United States 80.52%




The trust seeks to provide an attractive cur-rent income through dividends and a total returnthat outperforms broad equity markets and otherinflation hedge asset classes during periods ofinflation. There is no assurance the trust willachieve its objective.


The trust seeks to achieve its objective byselecting a portfolio of common stocks selectedfrom the universe of securities included in theRussell 3000® Index. The portfolio was selectedby Hartford Investment Management Company(“HIMCO”).

HIMCO used a structured quantitativeapproach to security selection focusing on infla-tion sensitivity, dividend yield and quality with agreater emphasis on inflation sensitivity. Froman inflation sensitivity perspective, HIMCOsought to identify a portfolio of securities withabove average levels of inflation sensitivity toidentify securities HIMCO believes have thepotential to perform well during periods of aboveaverage inflation. From a dividend yield perspec-tive, HIMCO focused on securities with attrac-tive dividend yields which HIMCO believes willhave the potential to be sustained and growbased on their fundamentals. Finally, from aquality perspective, HIMCO focused on identify-ing companies with attractive fundamentals,focusing on solid balance sheets, high qualityearnings, and attractive growth prospects (e.g.margin expansion, asset quality, low leverage,etc.). The selection process also considered theimpact of potential corporate events thatHIMCO believes have the potential to alter acompany’s future fundamentals.

In selecting the trust’s portfolio, HIMCOalso considered the portfolio’s industry exposuresrelative to Global Industry Classification Standard(GICS®) industry weights of the S&P 500®

Index. However, the trust’s industry weightingsmay vary significantly from the industry weight-ings of the S&P 500® Index, including the exclu-sion of certain industries altogether.





• TThhee ffiinnaanncciiaall ccoonnddiittiioonn ooff aann iissssuueerr mmaayywwoorrsseenn oorr iittss ccrreeddiitt rraattiinnggss mmaayy ddrroopp,, rreessuulltt--iinngg iinn aa rreedduuccttiioonn iinn tthhee vvaalluuee ooff yyoouurr uunniittss..This may occur at any point in time, includ-ing during the primary offering period.

• TThhee ttrruusstt iinnvveessttss iinn sseeccuurriittiieess sseelleecctteedd bbyyHHIIMMCCOO.. In the event that HIMCO incor-rectly assesses an issuer’s prospects forgrowth or if HIMCO’s judgment about howother investors will value an issuer’s growthis wrong, then the price of an issuer’s stockmay decrease or not increase to the levelanticipated.

• TThhee ttrruusstt mmaayy iinnvveesstt iinn sseeccuurriittiieess ooff ssmmaallllaanndd mmiidd--ssiizzee ccoommppaanniieess.. These securities are


INFLATION SENSITIVE DIVIDEND PORTFOLIO

often more volatile and have lower tradingvolumes than securities of larger companies.Small and mid-size companies may have lim-ited products or financial resources, manage-ment inexperience and less publicly availableinformation.

• WWee** ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo..Except in limited circumstances, the trust willgenerally hold, and continue to buy, shares ofthe same securities even if their market valuedeclines.


The portfolio consultant, HartfordInvestment Management Company, is a registeredinvestment adviser.

HIMCO is not an affiliate of the sponsor.HIMCO selected a list of securities to be includ-ed in the portfolio based on the criteria providedby the sponsor. HIMCO makes no representa-tions that the portfolio will achieve the invest-ment objectives or will be profitable or suitablefor any particular potential investor. The sponsordid not select the securities for the trust.

HIMCO may use the list of securities in itsindependent capacity as an investment adviserand distribute this information to various individ-uals and entities. HIMCO may recommend toother clients or otherwise effect transactions inthe securities held by the trust. This may have anadverse effect on the prices of the securities. Thisalso may have an impact on the price the trustpays for the securities and the price received uponunit redemptions or liquidation of the securities.HIMCO may also issue reports and make recom-mendations on securities, which may include thesecurities in the trust.

Neither HIMCO nor the sponsor managesthe trust. Opinions expressed by HIMCO arenot necessarily those of the sponsor, and may notactually prove correct. The trust will payHIMCO a fee for selecting the trust's portfolio.The trust will also pay a license fee for the use ofcertain service marks, trademarks, trade namesand/or other property of HIMCO.





• to own a portfolio consisting of equitysecurities.

• the potential for attractive current incomethrough dividends.

• the potential for total return that outperformsbroad equity markets and other inflationhedge asset classes during periods of inflation.


• are uncomfortable with the risks of anunmanaged investment in equity securities.

• seek capital appreciation or capital preserva-tion as a primary objective.


The amounts below are estimates of the direct andindirect expenses that you may incur based on a $10unit price. Actual expenses may vary.








The initial sales fee is the difference between thetotal sales fee (maximum of 1.85% of the unit offeringprice) and the sum of the remaining deferred sales feeand the total creation and development fee. The deferredsales fee is fixed at $0.135 per unit and is paid in threemonthly installments beginning November 20, 2018.The creation and development fee is fixed at $0.05 perunit and is paid at the end of the initial offering period(anticipated to be approximately three months). Whenthe public offering price per unit is less than or equal to$10, you will not pay an initial sales fee. When thepublic offering price per unit is greater than $10 perunit, you will pay an initial sales fee.

EEXXAAMMPPLLEE











Ticker Symbol ISDACX




Inflation Sensitive Dividend Portfolio, Series 2018-3Q - A Hartford InvestmentManagement Company (“HIMCO”) Portfolio(Advisors Disciplined Trust 1882)PortfolioAs of the trust inception date, July 19, 2018



10 DPZ Domino’s Pizza, Inc. 1.91% $283.68 $2,83756 FL Foot Locker, Inc. 1.99 52.82 2,95846 GRMN Garmin Limited (4) 1.99 64.05 2,94640 LVS Las Vegas Sands Corporation 2.01 74.67 2,987

104 VIAB Viacom, Inc. 2.00 28.56 2,970


52 MO Altria Group, Inc. 2.01 57.43 2,98621 EL The Estee Lauder Companies, Inc. 2.00 141.21 2,96543 K Kellogg Company 2.00 68.96 2,965

Energy - 14.01%

36 XOM Exxon Mobil Corporation 1.99 82.22 2,96066 HAL Halliburton Company 1.99 44.80 2,95742 OKE ONEOK, Inc. 1.99 70.13 2,94627 PSX Phillips 66 2.02 110.90 2,99457 TRGP Targa Resources Corporation 1.99 51.76 2,95028 VLO Valero Energy Corporation 2.01 106.65 2,986

108 WMB The Williams Companies, Inc. 2.02 27.76 2,998

Financials - 14.02%

42 C Citigroup, Inc. 1.98 69.85 2,93426 CFR Cullen/Frost Bankers, Inc. 2.00 114.21 2,97091 BEN Franklin Resources, Inc. 2.00 32.57 2,96421 PNC The PNC Financial Services Group, Inc. 2.02 142.41 2,99131 PRU Prudential Financial, Inc. 2.04 97.49 3,022

134 STWD Starwood Property Trust, Inc. 2.00 22.11 2,96342 STI SunTrust Banks, Inc. 1.98 69.86 2,934


31 ABBV AbbVie, Inc. 1.97 94.40 2,92615 AMGN Amgen, Inc. 1.95 192.80 2,89240 BAX Baxter International, Inc. 2.01 74.70 2,98860 CAH Cardinal Health, Inc. 2.00 49.49 2,96930 DHR Danaher Corporation 2.00 98.78 2,96339 GILD Gilead Sciences, Inc. 2.03 77.12 3,00834 MDT Medtronic PLC (4) 2.02 88.01 2,992

(Continued)



Inflation Sensitive Dividend Portfolio, Series 2018-3Q - A Hartford InvestmentManagement Company (“HIMCO”) Portfolio(Advisors Disciplined Trust 1882)Portfolio (Continued)As of the trust inception date, July 19, 2018

Industrials - 13.97%

21 CAT Caterpillar, Inc. 2.00% $141.12 $2,96422 CMI Cummins, Inc. 2.04 137.73 3,03040 DOV Dover Corporation 2.00 74.19 2,96819 HRS Harris Corporation 1.95 152.15 2,89132 IR Ingersoll-Rand PLC (4) 1.97 91.26 2,92084 JCI Johnson Controls International plc (4) 2.01 35.42 2,97521 UNP Union Pacific Corporation 2.00 141.25 2,966


18 ACN Accenture PLC (4) 2.02 166.38 2,99516 AAPL Apple, Inc. 2.05 190.40 3,046

127 HPQ HP, Inc. 2.01 23.53 2,98821 IBM International Business Machines Corporation 2.05 144.52 3,03528 MSFT Microsoft Corporation 1.98 105.12 2,943

148 WU The Western Union Company 2.01 20.16 2,98443 XLNX Xilinx, Inc. 1.99 68.74 2,956

Materials - 9.99%

62 UFS Domtar Corporation 2.00 47.91 2,97045 DWDP DowDuPont, Inc. 2.02 66.59 2,99729 EMN Eastman Chemical Company 1.98 101.40 2,941

104 MOS The Mosaic Company 1.99 28.44 2,95832 RS Reliance Steel & Aluminum Company 2.00 92.52 2,961

Real Estate - 2.03%

24 BXP Boston Properties, Inc. 2.03 125.17 3,004

Utilities - 1.98%

42 D Dominion Energy, Inc. 1.98 69.95 2,938

100.00% $148,351

See “Notes to Portfolio”



Notes to Portfolio

(1) Securities are represented by contracts to purchase securities. The value of each security is based on the most recent closing saleprice of each security as of the close of regular trading on the New York Stock Exchange on the business day prior to the trust’sinception date. In accordance with Accounting Standards Codification 820, “Fair Value Measurements”, the trust’s investments areclassified as Level 1, which refers to security prices determined using quoted prices in active markets for identical securities.

(2) The cost of the securities to the sponsor and the sponsor’s profit or (loss) (which is the difference between the cost of thesecurities to the sponsor and the cost of the securities to the trust) are $148,351 and $0, respectively.




Ireland 8.02%Switzerland 1.99%United States 89.99%



The trust seeks to provide capital apprecia-tion. There is no assurance the trust will achieveits objective.


The trust seeks to provide capital apprecia-tion by investing in stocks included in theNASDAQ Q-50 IndexSM (the “Index”).

The Index is a market capitalization-weight-ed index designed to track the performance ofsecurities of companies that are next-eligible forinclusion in the NASDAQ-100 Index®. TheIndex is comprised of the eligible securities ofcompanies (the “Index Securities”) ranked bymarket capitalization and reflects companiesacross major industry groups including computerhardware and software, telecommunications,retail/wholesale trade, and biotechnology. It doesnot contain securities of financial companies,including banking and investment companies, asthese are ineligible for NASDAQ-100 Index®

inclusion. The Index is described in greaterdetail below. The security types eligible for theIndex include foreign or domestic stocks, ordi-nary shares, American Depositary Receipts(“ADRs”) and tracking stocks. References to“stocks” in the prospectus refer to all such typesof securities. The Index eligibility criteria may berevised from time to time by Nasdaq, Inc. with-out regard to the trust.

The trust seeks to invest on an ongoing basisin substantially all of the stocks that comprise theIndex. There can be no assurance that this objec-tive will be met. The initial portfolio seeks toreplicate the composition of the Index to the

extent practicable. During the trust’s life, thetrust will change to reflect any change in thecomponent stocks in the Index. The trust willgenerally change to reflect any changes in theweightings of the components within the indexonly at the time that the Index is rebalanced.Precise replication of the securities in the Indexmay not be achieved at the time of an Indexrebalancing because it may be economicallyimpracticable or impossible to acquire very smallnumbers of shares of certain stocks and becauseof other procedural policies of the trust.

IInnddeexx EElliiggiibbiilliittyy.. Index eligibility is limited tospecific security types only. The security types eli-gible for the Index include common stocks, ordi-nary shares, ADRs and tracking stocks. Securityor company types not included in the Index areclosed-end funds, convertible debentures,exchange traded funds, limited liability compa-nies, limited partnership interests, preferredstocks, rights, shares or units of beneficial interest,warrants, units and other derivative securities.The Index does not contain securities of invest-ment companies.

IInniittiiaall EElliiggiibbiilliittyy CCrriitteerriiaa.. To be eligible forinitial inclusion in the Index, a security mustmeet the existing NASDAQ-100 Index® criteria,stated as follows:

• The issuer of the security’s primary U.S.listing must be exclusively on the NAS-DAQ Global Select Market or the NAS-DAQ Global Market (unless the securitywas dually listed on another U.S. marketprior to January 1, 2004 and has contin-uously maintained such listing);

• The security must be issued by a non-financial company;

NASDAQ Q-50 INDEXSM PORTFOLIO


• The security may not be issued by anissuer currently in bankruptcy pro-ceedings;

• The security must have average dailytrading volume of at least 200,000 shares;

• If the issuer of the security is organizedunder the laws of a jurisdiction outside theU.S., then such security must have listedoptions on a recognized options market inthe U.S. or be eligible for listed-optionstrading on a recognized options market inthe U.S. (measured annually during therankings review process);

• The issuer of the security may not haveentered into a definitive agreement orother arrangement which would likelyresult in the security no longer beingIndex eligible;

• The issuer of the security may not haveannual financial statements with an auditopinion that is currently withdrawn; and

• The issuer of the security must have “sea-soned” on NASDAQ, NYSE or NYSEMKT (generally, a company is consid-ered to be seasoned if it has been listedon a market for at least three fullmonths, excluding the first month of theinitial listing).

For purposes of Index eligibility criteria, if thesecurity is a depositary receipt representing asecurity of a non-U.S. issuer, then references tothe “issuer” are references to the issuer of theunderlying security.

CCoonnttiinnuueedd EElliiggiibbiilliittyy CCrriitteerriiaa.. In addition tothe criteria above, the issuer of a security musthave an adjusted market capitalization equal to or

exceeding 0.10% of the aggregate adjusted marketcapitalization of the Index at each month-end forcontinued inclusion in the Index. In the event acompany does not meet this criterion for twoconsecutive month-ends, it is removed from theIndex effective after the close of trading on thethird Friday of the following month.

For purposes of Index eligibility criteria, if thesecurity is a depositary receipt representing a secu-rity of a non-U.S. issuer, then references to the“issuer” are references to the issuer of the underly-ing security.

QQuuaarrtteerrllyy EEvvaalluuaattiioonn.. Coinciding with thequarterly calendar cycle (i.e. March, June,September, and December), all securities thatmeet the initial inclusion criteria are evaluatedand ranked by market value. The data used inthe ranking includes January, April, July andOctober month-end NASDAQ market data andare updated for total shares outstanding submit-ted in a publicly filed Securities and ExchangeCommission document through the end of themonth prior to the quarterly evaluation. At suchquarterly evaluations, the eligible securities of thetop 50 companies by market value not currentlyin the NASDAQ-100 Index® are selected forinclusion in the Index. Any security additionsand deletions shall be made effective after theclose of trading on the third Friday of eachMarch, June, September and December.

Additionally, if at any time during the yearother than the quarterly evaluations, an IndexSecurity no longer meets the Index eligibility cri-teria, or is otherwise determined by the Indexadministrator to have become ineligible for con-tinued inclusion in the Index, the security willbe removed from the Index and will not bereplaced. As a result, the Index may be com-prised of securities of less than 50 companies at


certain times. When a component security fromthe Index is added to the NASDAQ-100Index®, the security will be deleted from theIndex and will not be replaced. Since the Indexis subject to a quarterly evaluation while thereview for eligible NASDAQ-100 Index® securi-ties is done on a monthly basis, it is possible thata security added to the NASDAQ-100 Index®

intra-quarter may not be a constituent of theIndex at the time of addition to the NASDAQ-100 Index®. If a company selected for inclusionin the Index has more than one class of eligiblesecurities, all such classes of eligible securitieswill be included in the Index and weighted bymarket capitalization. As a result the Index maybe comprised of more than 50 securities at cer-tain times.

IInnddeexx IInnffoorrmmaattiioonn.. The trust is not sponsored,endorsed, sold or promoted by Nasdaq, Inc. or itsaffiliates (Nasdaq, Inc., with its affiliates, arereferred to as the “Corporations”). TheCorporations have not passed on the legality orsuitability of, or the accuracy or adequacy ofdescriptions and disclosures relating to, the trust.The Corporations make no representation or war-ranty, express or implied to the owners of thetrust or any member of the public regarding theadvisability of investing in securities generally orin the trust particularly, or the ability of theNasdaq Q-50 IndexSM to track general stockmarket performance. The Corporations’ onlyrelationship to Advisors Asset Management, Inc.and the trust (“Licensee”) is in the licensing ofthe Nasdaq®, OMX®, NASDAQ OMX®,Nasdaq Q-50SM, Nasdaq Q-50 IndexSM andNASDAQ-100 Index® trademarks, and certaintrade names and service marks of theCorporations and the use of the Nasdaq Q-50IndexSM which is determined, composed andcalculated by NASDAQ OMX® without regardto Licensee. NASDAQ OMX® has no obligation

to take the needs of the Licensee or the unithold-ers of the trust into consideration in determining,composing or calculating the Nasdaq Q-50IndexSM. The Corporations are not responsiblefor and have not participated in the determinationof the timing of, prices at, or quantities of thetrust to be issued or in the determination or calcu-lation of the equation by which the trust is to beconverted into cash. The Corporations have noliability in connection with the administration,marketing or trading of the trust.

THE CORPORATIONS DO NOT GUARANTEE THE

ACCURACY AND/OR UNINTERRUPTED CALCULATION

OF THE NASDAQ Q-50SM INDEX OR ANY DATA

INCLUDED THEREIN. THE CORPORATIONS MAKE

NO WARRANTY, EXPRESS OR IMPLIED, AS TO

RESULTS TO BE OBTAINED BY LICENSEE, OWNERS

OF THE TRUST, OR ANY OTHER PERSON OR ENTITY

FROM THE USE OF THE NASDAQ Q-50 INDEXSM

OR ANY DATA INCLUDED THEREIN. THE

CORPORATIONS MAKE NO EXPRESS OR IMPLIED

WARRANTIES, AND EXPRESSLY DISCLAIM ALL WAR-RANTIES OF MERCHANTABILITY OR FITNESS FOR A

PARTICULAR PURPOSE OR USE WITH RESPECT TO

THE NASDAQ Q-50SM INDEX OR ANY DATA

INCLUDED THEREIN. WITHOUT LIMITING ANY

OF THE FOREGOING, IN NO EVENT SHALL THE

CORPORATIONS HAVE ANY LIABILITY FOR ANY

LOST PROFITS OR SPECIAL, INCIDENTAL, PUNI-TIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES,EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH

DAMAGES.






• TThhee ffiinnaanncciiaall ccoonnddiittiioonn ooff aann iissssuueerr mmaayywwoorrsseenn oorr iittss ccrreeddiitt rraattiinnggss mmaayy ddrroopp,, rreessuulltt--iinngg iinn aa rreedduuccttiioonn iinn tthhee vvaalluuee ooff yyoouurr uunniittss..This may occur at any point in time, includ-ing during the primary offering period.

• TThhee ttrruusstt iiss ccoonncceennttrraatteedd iinn sseeccuurriittiieess iissssuueeddbbyy ccoommppaanniieess iinn tthhee ccoonnssuummeerr pprroodduuccttss aannddsseerrvviicceess aanndd iinnffoorrmmaattiioonn tteecchhnnoollooggyy sseeccttoorrss..Negative developments in these sectors willaffect the value of your investment more thanwould be the case in a more diversifiedinvestment.

• TThhee ttrruusstt mmaayy iinnvveesstt iinn sseeccuurriittiieess ooff ssmmaallllaanndd mmiidd--ssiizzee ccoommppaanniieess.. These securities areoften more volatile and have lower tradingvolumes than securities of larger companies.Small and mid-size companies may have lim-ited products or financial resources, manage-ment inexperience and less publicly availableinformation.

• TThhee ttrruusstt iinnvveessttss ssiiggnniiffiiccaannttllyy iinn sseeccuurriittiieessiissssuueedd bbyy oonnee oorr mmoorree ccoommppaanniieess.. Negativedevelopments related to these companies willaffect the value of your investment more thanwould be the case in a more diversifiedinvestment.

• TThhee ttrruusstt’’ss ppeerrffoorrmmaannccee mmiigghhtt nnoott ssuuffffiicciieenntt--llyy ccoorrrreessppoonndd wwiitthh tthhaatt ooff iittss ttaarrggeett iinnddeexx..This can happen for reasons such as aninability to replicate the weighting of eachstock, the timing of trust rebalancings, indextracking errors, round lot trading require-ments, regulatory restrictions, the time thatelapses between an index change and achange in the trust, and trust expenses.

• WWee** ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo..Except in limited circumstances, the trust willgenerally hold, and continue to buy, shares ofthe same securities even if their market valuedeclines.





• to own a portfolio of stocks of companiesincluded in an index.



• are uncomfortable with the risks of anunmanaged investment in stocks of compa-nies included in an index.












EEXXAAMMPPLLEE












Ticker Symbol NQFNRX




NASDAQ Q-50 IndexSM Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio — As of the trust inception date, July 19, 2018

COMMON STOCKS - 100.00%


46 GRMN Garmin Limited (3) 1.63% $64.05 $2,94676 LKQ LKQ Corporation (4) 1.42 33.70 2,56130 LULU Lululemon Athletica, Inc. (4) 2.14 128.81 3,86461 MLCO Melco Resorts & Entertainment Limited (3) 0.83 24.51 1,49595 NWSA News Corporation - Class A 0.82 15.55 1,47750 NWS News Corporation - Class B 0.43 15.65 78330 TSCO Tractor Supply Company 1.31 78.77 2,36392 VIAB Viacom, Inc. 1.46 28.56 2,628


345 PEP PepsiCo, Inc. 21.98 114.83 39,616

Energy - 1.81%

25 FANG Diamondback Energy, Inc. 1.81 130.59 3,265


11 ABMD ABIOMED, Inc. (4) 2.63 431.55 4,74725 ALNY Alnylam Pharmaceuticals, Inc. (4) 1.46 105.37 2,63413 BLUE Bluebird Bio, Inc. (4) 1.29 179.55 2,33415 JAZZ Jazz Pharmaceuticals PLC (3)(4) 1.46 176.05 2,64142 NKTR Nektar Therapeutics (4) 1.12 47.88 2,01122 NBIX Neurocrine Biosciences, Inc. (4) 1.26 103.22 2,27141 SGEN Seattle Genetics, Inc. (4) 1.55 68.03 2,789


34 CHRW C.H. Robinson Worldwide, Inc. 1.68 88.84 3,02158 CPRT Copart, Inc. (4) 1.91 59.32 3,441

9 CSGP CoStar Group, Inc. (4) 2.12 424.68 3,82243 EXPD Expeditors International of Washington, Inc. 1.75 73.18 3,14714 MIDD The Middleby Corporation (4) 0.78 99.94 1,39914 NDSN Nordson Corporation 1.02 131.08 1,83520 ODFL Old Dominion Freight Line, Inc. 1.64 148.27 2,96524 RYAAY Ryanair Holdings PLC (3)(4) 1.57 118.30 2,839

Continued



NASDAQ Q-50 IndexSM Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio — As of the trust inception date, July 19, 2018 (Continued)

Information Technology - 38.15%42 AKAM Akamai Technologies, Inc. (4) 1.82% $78.12 $3,28136 DOX Amdocs Limited (3) 1.37 68.43 2,46421 ANSS ANSYS, Inc. (4) 2.11 180.88 3,79833 CDK CDK Global, Inc. 1.22 66.68 2,20037 CDW CDW Corporation 1.79 87.18 3,22643 CGNX Cognex Corporation 1.09 45.58 1,96015 FFIV F5 Networks, Inc. (4) 1.49 179.45 2,69226 FSLR First Solar, Inc. (4) 0.78 54.00 1,40441 FTNT Fortinet, Inc. (4) 1.52 66.81 2,73919 IAC IAC/InterActiveCorp (4) 1.62 153.56 2,91813 IPGP IPG Photonics Corporation (4) 1.75 242.53 3,15319 JKHY Jack Henry & Associates, Inc. 1.43 135.80 2,580

124 MRVL Marvell Technology Group Limited (3) 1.48 21.58 2,67667 NTAP NetApp, Inc. 3.06 82.23 5,509

103 ON ON Semiconductor Corporation (4) 1.39 24.24 2,49767 OTEX Open Text Corporation (3) 1.40 37.72 2,52729 PTC PTC, Inc. (4) 1.59 98.51 2,85731 QRVO Qorvo, Inc. (4) 1.42 82.40 2,55435 SPLK Splunk, Inc. (4) 2.09 107.48 3,76260 SSNC SS&C Technologies Holdings, Inc. 1.79 53.91 3,23561 TRMB Trimble, Inc. (4) 1.17 34.60 2,11130 VRSN VeriSign, Inc. (4) 2.48 149.02 4,47116 WB Weibo Corporation (3)(4) 0.79 89.51 1,43271 YNDX Yandex N.V. (3)(4) 1.50 38.06 2,702

Materials - 1.54%58 STLD Steel Dynamics, Inc. 1.54 47.91 2,779

Utilities - 3.24%128 XEL Xcel Energy, Inc. 3.24 45.62 5,839

100.00% $180,260

Notes to Portfolio(1) Securities are represented by contracts to purchase securities. The value of each security is based on the most recent closing sale price or fair

market value of each security as of the close of regular trading on the New York Stock Exchange on the business day prior to the trust’s inceptiondate. In accordance with Accounting Standards Codification 820, “Fair Value Measurements”, the trust’s investments are classified as Level 1,which refers to security prices determined using quoted prices in active markets for identical securities.



Common stocks comprise 100.00% of the investments in the trust, broken down by country of organization of the issuer as set forth below:

Bermuda 1.48% Canada 1.40% Cayman Islands 1.62%Guernsey 1.37% Ireland 3.03% Netherlands 1.50%Switzerland 1.63% United States 87.97%





HHYYPPOOTTHHEETTIICCAALL PPEERRFFOORRMMAANNCCEE IINNFFOORRMMAATTIIOONN

The following table compares hypotheticalannual performance information for the Indexafter deducting the trust’s sales fees and expens-es and the actual performance of the NASDAQ-100 Index® in each of the years listed below(and as of the most recent month). Thesehypothetical returns do not guarantee andshould not be used to predict future perform-ance of the trust. Returns from the trust willdiffer from the Index returns shown for severalreasons, including:

• The impracticability of owning each ofthe Index components with the exactweightings at a given time;

• The possibility of Index tracking errors;

• Total return figures do not reflect com-missions paid by the trust on the pur-chase of securities or taxes you willincur;

• Extraordinary market events that are notexpected to be repeated and may haveaffected performance; and

• The trust often purchases or sells securi-ties at prices differing from the closingprices used in buying and selling units.

You should note that while the trust isdesigned to replicate the component stocks of theIndex during its life, there is no assurance thatthis will be achieved. The Index underperformedits comparative index in certain years and we can-not guarantee the trust will outperform that indexover the life of the trust or over consecutiverollover periods, if available.

Hypothetical Comparison of Total Returns

NASDAQ Q-50 NASDAQ-100Year IndexSM Index®

2008 -40.38% -41.57%2009 37.32 54.632010 27.55 20.072011 -3.52 3.612012 24.52 18.332013 43.61 36.902014 -0.85 19.362015 7.01 9.752016 3.28 7.252017 29.98 32.972018 thru 06/30 1.31 10.65+ these returns are the result of extraordinary market

events and are not expected to be repeated.

Past performance is no guarantee of future results.The above is not the past performance of the trust ora previous series of any trust and does not indicate thefuture performance of the trust. The actual returns ofthe trust will vary from the performance of the Indexdue to sales charges and expenses and because after thetrust’s formation, the stocks in the Index may change,or their amounts may be adjusted or rebalanced andthese changes will only be reflected in the composi-tion of the trust as described in this prospectus.

The Index is a market capitalization-weightedindex designed to track the performance of securi-ties that are next-eligible for inclusion in the NAS-DAQ-100 Index® as described in greater detailherein. The NASDAQ-100 Index® is an index thatincludes 100 of the largest domestic and interna-tional non-finance companies listed on The NAS-DAQ Stock Market based on market capitalization.The indexes are unmanaged, not subject to fees, andnot available or direct investment. It is not possibleto invest directly in an index.

The publishers of the indexes are not affiliatedwith us and have not participated in creating thetrust or selecting the securities for the trust, norhave they reviewed or approved of any of the infor-mation contained herein.

Your trust will pay a license fee to Nasdaq, Inc.for the use of NASDAQ Q-50 IndexSM and relateddata and trademarks/service marks.


The trust seeks to provide above averageincome and potential for growth. There is noassurance the trust will achieve its objective.


The trust invests in a diversified portfolioconsisting of two equally-weighted components:

• High 50® Dividend Strategy—a specializeddividend-oriented strategy that seeks to pro-vide above average total return selected as ofJuly 12, 2018.

• NASDAQ Q-50 IndexSM Strategy—a strategythat selects the largest eligible class of securi-ties by market capitalization of each companyincluded in the NASDAQ Q-50 IndexSM asof July 17, 2018. The NASDAQ Q-50IndexSM is designed to track the performanceof securities of companies that are next eligiblefor inclusion in the NASDAQ-100 Index®.

The strategies are described in greater detailbelow. We* selected these components in an effortto provide an enhanced total return while reducingoverall portfolio volatility through diversification ofsecurities and investment strategies. The trustinvests in each component in approximately equalweightings with the stocks within each componentsin approximately equal weightings as of the trust’sinception and the weightings will vary thereafterin accordance with fluctuations in stock prices.

Certain securities may be selected for inclusionin both components. When a security is selectedby both components, the portfolio’s weighting ofsuch security at inception will be approximately

double what it would have been had the securityonly been selected by only one component.

Please note that we applied the strategy toselect the portfolio at a particular time. If we cre-ate additional units of the trust after the trust’sinception date, the trust will purchase the securi-ties originally selected by applying the strategy.This is true even if a later application of the strat-egy would have resulted in the selection of differ-ent securities. We currently offer separate unitinvestment trusts that invest according to thesame or similar investment strategies. The com-ponents, portfolio securities and structure of thetrust offered in this prospectus may differ in cer-tain respects from those other trusts we may beoffering that use similar investment strategies.

The following describes the two componentsof the trust’s portfolio. The NASDAQ Q-50IndexSM may comprise less than 50 companies atthe trust’s inception resulting in the NASDAQQ-50 IndexSM Strategy component consisting offewer than 50 securities for the life of the trust.

HHiigghh 5500®® DDiivviiddeenndd SSttrraatteeggyy.. This compo-nent invests in stocks selected using a specializeddividend-oriented strategy that seeks to provideabove average total return. We selected this com-ponent using the following strategy:

• We begin with the companies included inthe New York Stock Exchange (NYSE)Composite Index, Nasdaq Composite®

Index and NYSE MKT CompositeIndex.

• Stocks are eliminated if at the time ofselection:

• the company’s stock market capital-ization is $1 billion or less,

• the company’s headquarters is locatedoutside the United States,

STRATEGIC HIGH 50®/Q-50 DIVIDEND

AND Growth Portfolio



• the stocks are securities of limitedpartnerships, exchange-traded funds,investment companies or shares ofbeneficial interest to the extent suchsecurities are not otherwise excludedfrom the composition of the indexes.

• Of the remaining stocks we select the fivesecurities with the highest dividend yieldsas of July 12, 2018 from the remainingsecurities of companies in each of thenine Global Industry ClassificationStandard (GICS®) sectors other than theFinancials and Real Estate sectors and thefive securities with the highest dividendyields as of July 12, 2018 from theremaining securities of companies in theFinancials and Real Estate GICS® sectorscombined (for a total of 50 securities).The trust invests in these 50 stocks inapproximately equal weightings.Effectively, after September 1, 2016 thestrategy seeks to treat the new Real EstateGICS® sector as if it was still positionedunder the Financials GICS® sector (as itwas prior to September 1, 2016).

The eleven industry sectors used in the strate-gy are the GICS® sectors published by S&P DowJones Indices and MSCI Inc. Please note that weapplied the strategy to select the portfolio at a par-ticular time. If we create additional units of thetrust after the trust’s inception date, the trust willpurchase the securities originally selected by apply-ing the strategy. This is true even if a later appli-cation of the strategy would have resulted in theselection of different securities. In addition, com-panies which, based on publicly available informa-tion as of two business days prior to the date ofthis prospectus, are the target of an announcedbusiness acquisition which we expect will happen,within six months of the date of this prospectushave been excluded from the universe of securitiesfrom which the trust’s securities are selected.

This component begins with the NYSEComposite Index, the Nasdaq Composite® Indexand the NYSE MKT Composite Index. TheNYSE Composite Index is designed to measurethe performance of all common stocks listed onthe NYSE, including American DepositoryReceipts (ADRs), real estate investment trusts(REITs) and tracking stocks. All closed-endfunds, exchange-traded funds, limited partnershipsand derivatives are excluded from the index. TheNasdaq Composite® Index measures all domesticand international based common type stocks trad-ed on The Nasdaq Stock Market. To be eligiblefor inclusion in this index the security’s U.S. list-ing must be exclusively on The Nasdaq StockMarket (with certain exceptions), and have a secu-rity type of ADRs, common stock, limited part-nership interests, ordinary shares, REITs, shares ofbeneficial interest or tracking stocks. Securitytypes not included in this index are closed-endfunds, convertible debentures, exchange-tradedfunds, preferred stocks, rights, warrants, units andother derivative securities. The NYSE MKTComposite Index is an index representing theaggregate value of the common shares or ADRs ofall NYSE MKT-listed companies, REITs, masterlimited partnerships and closed-end investmentcompanies. The publishers of the indexes are notaffiliated with us and have not participated in cre-ating the trust or selecting the securities for thetrust, nor have they reviewed or approved of anyof the information contained herein.

NNAASSDDAAQQ QQ--5500 IInnddeexxSSMM SSttrraatteeggyy.. Thiscomponent invests in the largest eligible class ofsecurities by market capitalization included in theNASDAQ Q-50 IndexSM (the “Index”) as of theportfolio selection date. While the Index is mar-ket capitalization-weighted, the trust will seek toinvest in each of the strategy’s securities inapproximately equal weightings as of the trust’sinception and the weightings will vary thereafterin accordance with fluctuations in stock prices.


The Index is a market capitalization-weight-ed index designed to track the performance ofsecurities of companies that are next-eligible forinclusion in the NASDAQ-100 Index®. TheIndex is generally comprised of the eligible securi-ties of companies (the “Index Securities”) rankedby market capitalization and reflects companiesacross major industry groups including computerhardware and software, telecommunications,retail/wholesale trade, and biotechnology. Asdescribed under “Quarterly Evaluations” below, theIndex may be comprised of securities of less than50 companies at certain points in time. It does notcontain securities of financial companies, includingbanking and investment companies, as these areineligible for NASDAQ-100 Index® inclusion.

Index Eligibility. Index eligibility is limited tospecific security types only. The security types eligi-ble for the Index include foreign or domestic com-mon stocks, ordinary shares, ADRs and trackingstocks. Security types not included in the Index areclosed-end funds, convertible debentures, exchangetraded funds, limited liability companies, limitedpartnership interests, preferred stocks, rights, sharesor units of beneficial interest, warrants, units andother derivative securities. The Index does notcontain securities of investment companies.

Initial Eligibility Criteria. To be eligible forinitial inclusion in the Index, a security mustmeet the existing NASDAQ-100 Index® criteria,stated as follows:

• The issuer of the security’s primaryU.S. listing must be exclusively on theNASDAQ Global Select Market or theNASDAQ Global Market (unless thesecurity was dually listed on another U.S.market prior to January 1, 2004 and hascontinuously maintained such listing);

• The security must be of a non-financialcompany;

• The security may not be issued by an issuercurrently in bankruptcy proceedings;

• The security must have average dailytrading volume of at least 200,000 shares;

• If the issuer of the security is organizedunder the laws of a jurisdiction outsidethe U.S., then such security must havelisted options on a recognized optionsmarket in the U.S. or be eligible for list-ed-options trading on a recognizedoptions market in the U.S. (measuredannually during the rankings reviewprocess;

• The issuer of the security may not haveentered into a definitive agreement orother arrangement which would likelyresult in the security no longer beingIndex eligible;

• The issuer of the security may not haveannual financial statements with an auditopinion that is currently withdrawn;

• The issuer of the security must have “sea-soned” on NASDAQ, NYSE or NYSEMKT (generally, a company is consideredto be seasoned if it has been listed on amarket for at least three full monthsexcluding the first month of initial listing).

For purposes of Index eligibility criteria, ifthe security is a depositary receipt representing asecurity of a non-U.S. issuer, then references tothe “issuer” are references to the issuer of theunderlying security.

Continued Eligibility Criteria. In addition tothe criteria above, the issuer of a security musthave an adjusted market capitalization equal toor exceeding 0.10% of the aggregate adjustedmarket capitalization of the Index at eachmonth-end for continued inclusion in the Index.


Quarterly Evaluation. Coinciding with thequarterly calendar cycle (i.e. March, June,September, and December), all securities thatmeet the initial inclusion criteria are evaluatedand ranked by market value. The data used inthe ranking includes January, April, July andOctober month-end NASDAQ market data andare updated for total shares outstanding submit-ted in a publicly filed Securities and ExchangeCommission document through the end of themonth prior to the quarterly evaluation. At suchquarterly evaluations, the eligible securities of thetop 50 companies by market value are selected forinclusion in the Index. Any security additionsand deletions shall be made effective after theclose of trading on the third Friday of eachMarch, June, September and December.

Additionally, if at any time during the yearother than the quarterly evaluations, an IndexSecurity no longer meets the Index inclusion crite-ria, or is otherwise determined by the Index admin-istrator to have become ineligible for continuedinclusion in the Index, the security will be deletedand will not be replaced. As a result, the Index mayconsist of securities of less than 50 companies at thetrust’s inception resulting in the NASDAQ Q-50IndexSM Strategy component consisting of fewerthan 50 stocks for the life of the trust. When acomponent security from the Index is added to theNASDAQ-100 Index®, the security will be deletedfrom the Index and will not be replaced. Since theIndex is subject to a quarterly evaluation while thereview for eligible NASDAQ-100 Index® securitiesis done on a monthly basis, it is possible that asecurity added to the NASDAQ-100 Index® intra-quarter may not be a constituent of the Index atthe time of addition to the NASDAQ-100 Index®.If a company selected for inclusion in the Indexhas more than one class of eligible securities, allsuch classes of eligible securities will be included inthe Index. However, the NASDAQ Q-50 IndexSM

Strategy only selects the largest eligible class of

securities by market capitalization of each compa-ny for inclusion in the trust’s portfolio.

Index Information. The trust is not sponsored,endorsed, sold or promoted by Nasdaq, Inc. or itsaffiliates (Nasdaq, Inc., with its affiliates, arereferred to as the “Corporations”). TheCorporations have not passed on the legality orsuitability of, or the accuracy or adequacy ofdescriptions and disclosures relating to, the trust.The Corporations make no representation orwarranty, express or implied to the owners of thetrust or any member of the public regarding theadvisability of investing in securities generally orin the trust particularly, or the ability of theNasdaq Q-50 IndexSM to track general stock mar-ket performance. The Corporations’ only relation-ship to Advisors Asset Management, Inc. and thetrust (“Licensee”) is in the licensing of theNasdaq®, OMX®, NASDAQ OMX®, NasdaqQ-50SM, and Nasdaq Q-50 IndexSM registeredtrademarks, and certain trade names and servicemarks of the Corporations and the use of theNasdaq Q-50 IndexSM which is determined, com-posed and calculated by NASDAQ OMX® with-out regard to Licensee. NASDAQ OMX® hasno obligation to take the needs of the Licenseeor the owners of the trust into consideration indetermining, composing or calculating theNasdaq Q-50 IndexSM. The Corporations are notresponsible for and have not participated in thedetermination of the timing of, prices at, or quanti-ties of the trust to be issued or in the determinationor calculation of the equation by which the trust isto be converted into cash. The Corporations haveno liability in connection with the administration,marketing or trading of the trust.

THE CORPORATIONS DO NOT GUARANTEE THE

ACCURACY AND/OR UNINTERRUPTED CALCULATION

OF THE NASDAQ Q-50 INDEXSM OR ANY DATA

INCLUDED THEREIN. THE CORPORATIONS MAKE

NO WARRANTY, EXPRESS OR IMPLIED, AS TO


RESULTS TO BE OBTAINED BY LICENSEE, OWNERS

OF THE TRUST, OR ANY OTHER PERSON OR ENTITY

FROM THE USE OF THE NASDAQ Q-50 INDEXSM

OR ANY DATA INCLUDED THEREIN. THE

CORPORATIONS MAKE NO EXPRESS OR IMPLIED

WARRANTIES, AND EXPRESSLY DISCLAIM ALL WAR-RANTIES OF MERCHANTABILITY OR FITNESS FOR A

PARTICULAR PURPOSE OR USE WITH RESPECT TO

THE NASDAQ Q-50 INDEXSM OR ANY DATA

INCLUDED THEREIN. WITHOUT LIMITING ANY OF

THE FOREGOING, IN NO EVENT SHALL THE

CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST

PROFITS OR SPECIAL, INCIDENTAL, PUNITIVE, INDI-RECT, OR CONSEQUENTIAL DAMAGES, EVEN IF

NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

Please note that we applied the strategy toselect the portfolio at a particular time. If we cre-ate additional units of the trust after the trust’sinception date, the trust will purchase the securi-ties originally selected by applying the strategy.This is true even if a later application of the strat-egy would have resulted in the selection of differ-ent securities. In addition, companies which,based on publicly available information as of twobusiness days prior to the date of this prospectus,are the target of an announced business acquisi-tion which we expect will happen within sixmonths of the date of this prospectus have beenexcluded from the universe of securities fromwhich the trust’s securities are selected.




• AAnn iissssuueerr mmaayy bbee uunnwwiilllliinngg oorr uunnaabbllee ttooddeeccllaarree ddiivviiddeennddss iinn tthhee ffuuttuurree,, oorr mmaayy rreedduucceetthhee lleevveell ooff ddiivviiddeennddss ddeeccllaarreedd.. This mayresult in a reduction in the value of your units.


• TThhee ttrruusstt iiss ccoonncceennttrraatteedd iinn sseeccuurriittiieess iissssuueeddbbyy ccoommppaanniieess iinn tthhee iinnffoorrmmaattiioonn tteecchhnnoollooggyysseeccttoorr.. Negative developments in this sectorwill affect the value of your investment morethan would be the case in a more diversifiedinvestment.

• TThhee ttrruusstt mmaayy iinnvveesstt iinn sseeccuurriittiieess ooff ssmmaallllaanndd mmiidd--ssiizzee ccoommppaanniieess.. These securitiesare often more volatile and have lower trad-ing volumes than securities of larger compa-nies. Small and mid-size companies mayhave limited products or financial resources,management inexperience and less publiclyavailable information.

• TThhee ttrruusstt’’ss ppeerrffoorrmmaannccee mmiigghhtt nnoott ssuuffffiicciieennttllyyccoorrrreessppoonndd ttoo ppuubblliisshheedd hhyyppootthheettiiccaall bbaacckk--tteesstteedd ppeerrffoorrmmaannccee ooff tthhee ttrruusstt’’ss ssttrraatteeggyy.. Thiscan happen for reasons such as an inability toexactly replicate the weightings of stocks in thestrategy or be fully invested, timing of the trustoffering or timing of your investment, andtrust expenses. Hypothetical back-tested per-formance is not actual past performance of thisor any trust. Hypothetical back-tested per-formance is based on application of a trust'sinvestment strategy as of a particular time.

• WWee ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo..Except in limited circumstances, the trust willhold, and continue to buy, shares of the samesecurities even if their market value declines.




• to own a defined portfolio of securities selectedbased on two distinct investment strategies.

• to pursue a long-term investment strategy thatincludes investment in subsequent portfolios, ifavailable.

• the potential to receive above average incomeand potential for growth.


• are uncomfortable with the risks of an unman-aged investment in the securities held by thetrust.

• are uncomfortable with the trust’s strategies.

• seek aggressive growth without current income.












EEXXAAMMPPLLEE











Ticker Symbol HFQFVX




Strategic High 50®/Q-50 Dividend and Growth Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)PortfolioAs of the trust inception date, July 19, 2018



62 BKE The Buckle, Inc. 1.01% $24.10 $1,494137 F Ford Motor Company 1.01 10.87 1,489

23 GRMN Garmin Limited (3) 1.00 64.05 1,47346 LB L Brands, Inc. 1.01 32.34 1,48844 LKQ LKQ Corporation (4) 1.00 33.70 1,48312 LULU Lululemon Athletica, Inc. (4) 1.04 128.81 1,54661 MLCO Melco Resorts & Entertainment Limited (3) 1.01 24.51 1,49580 NEWM New Media Investment Group, Inc. 1.01 18.69 1,49596 NWSA News Corporation 1.01 15.55 1,49319 TSCO Tractor Supply Company 1.01 78.77 1,49737 TUP Tupperware Brands Corporation 1.01 40.45 1,49752 VIAB Viacom, Inc. 1.00 28.56 1,485


26 MO Altria Group, Inc. 1.01 57.43 1,49348 BGS B&G Foods, Inc. 1.00 30.90 1,48334 GIS General Mills, Inc. 0.99 43.09 1,46513 PEP PepsiCo, Inc. 1.01 114.83 1,49318 PM Philip Morris International, Inc. 1.00 82.15 1,47982 VGR Vector Group Limited 1.00 18.09 1,483

Energy - 5.98%

39 CVI CVR Energy, Inc. 1.00 37.86 1,47711 FANG Diamondback Energy, Inc. 0.97 130.59 1,43624 HP Helmerich & Payne, Inc. 0.99 60.75 1,45821 OKE ONEOK, Inc. 1.00 70.13 1,47362 SEMG SemGroup Corporation 1.01 24.00 1,48854 WMB The Williams Companies, Inc. 1.01 27.76 1,499

(Continued)

Percentage ofAggregate Market Cost of

Number Ticker Offering Value per Securitiesof Shares Symbol Issuer(1) Price Share(1) to Trust(2)


Strategic High 50®/Q-50 Dividend and Growth Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio (Continued)As of the trust inception date, July 19, 2018

Financials - 3.02%

78 AGNC AGNC Investment Corporation 1.00% $19.04 $1,48539 PRA ProAssurance Corporation 1.01 38.30 1,49494 TWO Two Harbors Investment Corporation 1.01 15.87 1,492


16 ABBV AbbVie, Inc. 1.02 94.40 1,5103 ABMD ABIOMED, Inc. (4) 0.87 431.55 1,295

14 ALNY Alnylam Pharmaceuticals, Inc. (4) 1.00 105.37 1,4758 BLUE Bluebird Bio, Inc. (4) 0.97 179.55 1,436

30 CAH Cardinal Health, Inc. 1.00 49.49 1,4858 JAZZ Jazz Pharmaceuticals PLC (3)(4) 0.95 176.05 1,408

31 NKTR Nektar Therapeutics (4) 1.00 47.88 1,48414 NBIX Neurocrine Biosciences, Inc. (4) 0.98 103.22 1,44586 OMI Owens & Minor, Inc. 1.00 17.25 1,48367 PDCO Patterson Companies, Inc. 1.01 22.28 1,49339 PFE Pfizer, Inc. 0.99 37.66 1,46922 SGEN Seattle Genetics, Inc. (4) 1.01 68.03 1,497


72 AYR Aircastle Limited (3) 1.00 20.57 1,48117 CHRW C.H. Robinson Worldwide, Inc. 1.02 88.84 1,51025 CPRT Copart, Inc. (4) 1.00 59.32 1,483

3 CSGP CoStar Group, Inc. (4) 0.86 424.68 1,27490 CVA Covanta Holding Corporation 1.00 16.45 1,48020 EXPD Expeditors International of Washington, Inc. 0.99 73.18 1,46433 MIC Macquarie Infrastructure Corporation 1.00 44.69 1,47515 MIDD The Middleby Corporation (4) 1.01 99.94 1,49911 NDSN Nordson Corporation 0.98 131.08 1,44210 ODFL Old Dominion Freight Line, Inc. 1.00 148.27 1,483

174 PBI Pitney Bowes, Inc. 1.01 8.61 1,49874 QUAD Quad/Graphics, Inc. 1.01 20.09 1,48713 RYAAY Ryanair Holdings PLC (3)(4) 1.04 118.30 1,538

(Continued)






19 AKAM Akamai Technologies, Inc. (4) 1.00% $78.12 $1,48422 DOX Amdocs Limited (3) 1.02 68.43 1,505

8 ANSS ANSYS, Inc. (4) 0.98 180.88 1,44722 CDK CDK Global, Inc. 0.99 66.68 1,46717 CDW CDW Corporation 1.00 87.18 1,48233 CGNX Cognex Corporation 1.02 45.58 1,504

8 FFIV F5 Networks, Inc. (4) 0.97 179.45 1,43627 FSLR First Solar, Inc. (4) 0.99 54.00 1,45822 FTNT Fortinet, Inc. (4) 0.99 66.81 1,47010 IAC IAC/InterActiveCorp (4) 1.04 153.56 1,53610 IBM International Business Machines Corporation 0.98 144.52 1,445

6 IPGP IPG Photonics Corporation (4) 0.98 242.53 1,45511 JKHY Jack Henry & Associates, Inc. 1.01 135.80 1,49469 MRVL Marvell Technology Group Limited (3) 1.01 21.58 1,48918 NTAP NetApp, Inc. 1.00 82.23 1,48061 ON ON Semiconductor Corporation (4) 1.00 24.24 1,47939 OTEX Open Text Corporation (3) 0.99 37.72 1,47115 PTC PTC, Inc. (4) 1.00 98.51 1,47818 QRVO Qorvo, Inc. (4) 1.00 82.40 1,48325 QCOM QUALCOMM, Inc. 0.99 58.76 1,46914 SPLK Splunk, Inc. (4) 1.02 107.48 1,50528 SSNC SS&C Technologies Holdings, Inc. 1.02 53.91 1,509

117 TIVO TiVo Corporation 1.01 12.75 1,49243 TRMB Trimble, Inc. (4) 1.01 34.60 1,48810 VRSN VeriSign, Inc. (4) 1.01 149.02 1,49017 WB Weibo Corporation (3)(4) 1.03 89.51 1,52274 WU The Western Union Company 1.01 20.16 1,49259 XRX Xerox Corporation 1.01 25.33 1,49439 YNDX Yandex N.V. (3)(4) 1.00 38.06 1,484

Materials - 6.04%

22 CMP Compass Minerals International, Inc. 1.01 67.80 1,49231 UFS Domtar Corporation 1.00 47.91 1,48526 GEF/B Greif, Inc. 1.01 57.25 1,48928 IP International Paper Company 1.00 53.05 1,48535 SWM Schweitzer-Mauduit International, Inc. 1.02 42.91 1,50231 STLD Steel Dynamics, Inc. 1.00 47.91 1,485

(Continued)





Real Estate - 2.02%

250 CLNY Colony Capital, Inc. 1.01% $5.95 $1,488197 WPG Washington Prime Group, Inc. 1.01 7.59 1,495

Telecommunication Services - 5.02%

47 T AT&T, Inc. 1.01 31.71 1,49076 CTL CenturyLink, Inc. 1.00 19.51 1,48328 CCOI Cogent Communications Holdings, Inc. 1.00 52.60 1,47360 TDS Telephone & Data Systems, Inc. 1.01 24.82 1,48929 VZ Verizon Communications, Inc. 1.00 51.14 1,483

Utilities - 5.99%

21 D Dominion Energy, Inc. 0.99 69.95 1,46918 DUK Duke Energy Corporation 0.98 80.44 1,44883 PEGI Pattern Energy Group, Inc. 1.00 17.79 1,47753 PPL PPL Corporation 1.00 27.99 1,48331 SO The Southern Company 1.00 47.55 1,47433 XEL Xcel Energy, Inc. 1.02 45.62 1,505

100.00% $147,930

Notes to Portfolio





Bermuda 2.01% Canada 0.99%Cayman Islands 2.04% Guernsey 1.02%Ireland 1.99% Netherlands 1.00%Switzerland 1.00% United States 89.95%





HHYYPPOOTTHHEETTIICCAALL BBAACCKK--TTEESSTTEEDD PPEERRFFOORRMMAANNCCEE

IINNFFOORRMMAATTIIOONN

The following table compares hypotheticalback-tested performance information for the strate-gy employed by the trust, the High 50® DividendStrategy, the NASDAQ Q-50 IndexSM Strategy, andthe actual performance of the Standard & Poor’s500 Index in each of the years listed (and as of themost recent month end). These hypothetical back-tested returns do not guarantee and should not beused to predict future performance of the trust.Returns from the trust will differ from the hypothet-ical strategy returns for several reasons, including:

• total return figures shown do not reflectcommissions paid by the trust on the pur-chase of securities or taxes you will incur;

• strategy returns are for calendar years (andthrough the most recent month), whiletrusts begin and end on various dates;

• extraordinary market events that we havenot expected to be repeated and mayhave affected performance;

• the trust has a scheduled term longerthan one year;

• the trust may not be fully invested at alltimes or equally weighted in all stockscomprising its strategy; and

• the trust often purchases or sells securitiesat prices different from the closing pricesused in buying and selling units.

You should note that the trust is not designedto parallel movements in any index, and it is notexpected that it will do so. In fact, the trust’s strat-egy underperformed its comparative indexes in cer-tain years and we cannot guarantee that the trustwill outperform any index over the life of the trustor over consecutive rollover periods, if available.


Hypothetical Back-Tested Comparison of Total Returns

Strategic High 50®/Q-50Dividend and Growth High 50® Dividend NASDAQ Q-50 IndexSM Standard &Strategy Hypothetical Strategy Hypothetical Strategy Hypothetical Poor’s 500

Year Performance* Performance Performance* Index

2002 -22.47% -14.49% -30.17% -22.09%2003 43.02 33.07 53.41+ 28.652004 13.50 15.06 12.31 10.872005 7.43 3.77 11.44 4.902006 14.12 21.97 6.67 15.762007 8.19 4.43 12.30 5.562008 -41.67 -42.12 -41.04 -36.992009 45.43 41.16 50.17+ 26.452010 22.26 18.45 26.46 15.082011 1.01 5.92 -3.55 2.082012 12.03 7.45 16.96 15.982013 31.82 24.07 39.98 32.362014 4.88 9.36 0.76 13.652015 -3.59 -13.46 6.56 1.382016 14.09 21.80 6.79 11.932017 16.54 7.56 25.88 21.802018 thru 06/30 -0.62 -1.83 0.91 2.65

Source: Bloomberg L.P.+these returns are the result of extraordinary market events and are not expected to be repeated* The NASDAQ Q-50 IndexSM was launched on October 10, 2007. Return information prior to such date was based on

information provided by Nasdaq, Inc. through application of the methodolgy used to create the NASDAQ Q-50 IndexSM

Hypothetical back-tested performance is noguarantee of future results. Hypothetical back-tested performance of the trust strategy (StrategicHigh 50®/Q-50 Dividend and Growth Strategy),High 50® Dividend Strategy and NASDAQ Q-50IndexSM Strategy stocks (the “strategy stocks”) ishypothetical (and does not represent any actualtrust), is shown for illustrative purposes only andis not intended to indicate the future performanceof any investment, including the trust. The strat-egy stocks for a given year consist of the commonstocks selected by applying the strategy as of thebeginning of the period (and not the date thetrust actually sells units).

Securities are selected through application of astrategy at a particular point in time and if a securi-ty which is a component of a strategy is merged outof existence, de-listed or suffers a similar fate duringthe period in which the strategy performance isbeing measured, such security will not be replacedby another security during that period. The strategyis not rebalanced during each one year period andas a result the stocks used for determining hypo-thetical back-tested performance will not take intoaccount subsequent changes to the indexes used asa starting point for the strategy. Total return repre-sents the sum of the change in market value ofeach group of stocks between the first and last trad-ing day of a period plus the total dividends paid oneach group of stocks during such period divided bythe opening market value of each group of stocks asof the first trading day of a period. Total return fig-ures shown above in the table assume that all divi-dends are reinvested semi-annually. Strategy figuresreflect the deduction of sales charges and expensesbut have not been reduced by estimated brokeragecommissions and other transaction costs paid by thetrust in acquiring securities or any taxes incurred byinvestors. Hypothetical back-tested returns arehypothetical, meaning that they do not representactual trading, and, thus, may not reflect materialeconomic and market factors, such as liquidity

constraints, that may have had an impact on actu-al decision making. The hypothetical performanceis the retroactive application of the strategydesigned with the full benefit of hindsight.

Prior to the market close on August 31, 2016,there were ten GICS® sectors and after the marketclose on August 31, 2016, a new Real EstateGICS® sector was added, elevating its positionfrom under the Financials GICS® sector, bringingthe total number of GICS® sectors to eleven.Prior to August 31, 2016, the High 50® DividendStrategy selected five securities from (after the appli-cation of certain screens) each of the then existingten GICS® sectors. After August 31, 2016, theHigh 50® Dividend Strategy selects five securitiesfrom each of the nine GICS® sectors other thanthe Financials and Real Estate sectors and fiveadditional securities from the Financials and RealEstate GICS® sectors combined (for a total of 50securities) after the application of certain screens.The hypothetical back-tested performance for2016 and earlier are based on the High 50®

Dividend Strategy with ten GICS® sectors.

The Standard & Poor’s 500 Index is an indexthat includes a representative sample of 500 leadingcompanies in leading industries of the U.S. econo-my. Although the Standard & Poor’s 500 Indexfocuses on the large-cap segment of the market,with over 80% coverage of U.S. equities, it is alsooften considered a proxy for the total U.S. stockmarket. The indexes are unmanaged, not subjectto fees, and not available for direct investment.

The publisher of the index is not affiliatedwith us and has not participated in creating thetrust or selecting the securities for the trust, norhas the publisher reviewed or approved of any ofthe information contained herein.

Your trust will pay a license fee to Nasdaq,Inc. for the use of NASDAQ Q-50 IndexSM andrelated data and trademarks/service marks.





The trust seeks to provide above average totalreturn primarily through capital appreciation by invest-ing in a portfolio primarily consisting of securitiesissued by companies headquartered and/or domiciledoutside the U.S. that Todd Asset Management LLC(the “Portfolio Consultant”) believes can take advan-tage of the current economic landscape. PortfolioConsultant believes price-to-intrinsic value ratio(“P/IV”) could potentially be the most effective funda-mental calculation to determine the true valuation of asecurity. Portfolio Consultant calculates P/IV by divid-ing a security’s current market price by the PortfolioConsultant’s assessment of a security’s underlying valueincluding both tangible and intangible factors. ThePortfolio Consultant employed a proprietary multi-fac-tor model ranking tool that combines the intrinsicvalue discipline with elements of attractive valuation,improving fundamentals and market acceptance toidentify its view of the probability of outperformancefor a given security. The Portfolio Consultant com-bines these into a comprehensive, disciplined processwith risk controls.

The selection process started by establishing auniverse of eligible securities considering only U.S.exchange listed American Depositary Receipts (“ADRs”)and U.S. exchange listed securities of other foreigncompanies receiving a greater than or equal to B- rat-ing from the Portfolio Consultant using their propri-etary, internally generated measure of quality. Thisquality rating is generated based on safety, profitability,growth and return to shareholder and ranges from C-to A+. That universe was further reduced based oneach security’s P/IV.

From those securities, the strategy focused onevaluating securities based on Portfolio Consultant’smulti-factor ranking model which sought to identifysecurities with attractive valuations, fundamentalstrength and market acceptance factors with the fol-lowing focuses:

• Valuation: attractive P/IV and price-to-earn-ings ratio;

• Attractive fundamentals: positive earningstrends and momentum coupled with financialstrength; and

• Market acceptance: traditional technicalanalysis measures.

From those securities, the Portfolio Consultantperformed a fundamental review of the securities byreducing eligible securities to 250 based on attractiveP/IV, verifying the various P/IV inputs (long-termgrowth rate, normalized earnings per share and qualityratings) and performing a fundamental review onprospective securities.

Finally, the Portfolio Consultant selected a finalportfolio of securities it determined were large-capsecurities, were high quality, were attractively pricedand had attractive prospects. The Portfolio Consultantsought to provide diversification across geographicregions and multiple industry sectors as of the trust’sinception date.

Under normal market conditions, the trust willinvest at least 40% of its total assets in foreign secu-rities. For this purpose, foreign securities includesecurities issued by issuers (1) organized outside ofthe U.S., (2) with headquarters or principal placesof business located outside the U.S. or (3) doing asubstantial amount of business outside the U.S.(either 50% or more of the issuer’s assets are locatedoutside the U.S. or 50% or more of the issuer’s rev-enues are derived outside the U.S.). Foreign securi-ties may include investments in ADRs and otherdepositary receipts.


TODD INTERNATIONAL INTRINSIC VALUE PORTFOLIO




• AAnn iissssuueerr mmaayy bbee uunnwwiilllliinngg oorr uunnaabbllee ttoo ddeeccllaarreeddiivviiddeennddss iinn tthhee ffuuttuurree,, oorr mmaayy rreedduuccee tthhee lleevveell ooffddiivviiddeennddss ddeeccllaarreedd.. This may result in a reduc-tion in the value of your units.

• TThhee ffiinnaanncciiaall ccoonnddiittiioonn ooff aann iissssuueerr mmaayy wwoorrsseennoorr iittss ccrreeddiitt rraattiinnggss mmaayy ddrroopp,, rreessuullttiinngg iinn aa rreedduucc--ttiioonn iinn tthhee vvaalluuee ooff yyoouurr uunniittss.. This may occur atany point in time, including during the initialoffering period.

• SSeeccuurriittiieess ooff ffoorreeiiggnn ccoommppaanniieess hheelldd bbyy tthhee ttrruussttpprreesseenntt rriisskkss bbeeyyoonndd tthhoossee ooff UU..SS.. iissssuueerrss.. Theserisks may include market and political factorsrelated to the company’s foreign market, interna-tional trade conditions, less regulation, smaller orless liquid markets, increased volatility, differingaccounting practices and changes in the value offoreign currencies.

• TThhee ttrruusstt iiss ccoonncceennttrraatteedd iinn sseeccuurriittiieess iissssuueedd bbyyccoommppaanniieess iinn tthhee ffiinnaanncciiaallss sseeccttoorr.. Negativedevelopments in the financials sector will affectthe value of your investment more than would bethe case in a more diversified investment.

• WWee** ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo.. Exceptin limited circumstances, the trust will hold, andcontinue to buy, shares of the same securities evenif their market value declines.


The Portfolio Consultant, Todd AssetManagement LLC, is a registered investment adviser.The Portfolio Consultant is not an affiliate of thesponsor. The Portfolio Consultant makes no represen-tations that the portfolio will achieve the investmentobjectives or will be profitable or suitable for any par-ticular potential investor. The sponsor did not selectthe securities for the trust.

The Portfolio Consultant and/or its affiliates mayuse the list of securities in its independent capacity asan investment adviser and distribute this informationto various individuals and entities. The PortfolioConsultant and/or its affiliates may recommend toother clients or otherwise effect transactions in thesecurities held by the trust. This may have an adverseeffect on the prices of the securities. This also mayhave an impact on the price the trust pays for the secu-rities and the price received upon unit redemptions orliquidation of the securities. The Portfolio Consultantand/or its affiliates also may issue reports and makesrecommendations on securities, which may include thesecurities in the trust.

Neither the Portfolio Consultant nor the sponsormanages the trust. Opinions expressed by thePortfolio Consultant are not necessarily those of thesponsor, and may not actually come to pass. The trustwill pay the Portfolio Consultant a fee for selecting thetrust’s portfolio. The trust will also pay a license feefor the use of certain service marks, trademarks, tradenames and/or other property of the PortfolioConsultant.





• to own a defined portfolio consisting primari-ly of stocks of foreign companies.



• are uncomfortable with the risks of anunmanaged investment consisting primarilyof stocks of foreign companies.












The initial sales fee is the difference between the totalsales fee (maximum of 1.85% of the unit offering price) andthe sum of the remaining deferred sales fee and the total cre-ation and development fee. The deferred sales fee is fixed at$0.135 per unit and is paid in three monthly installmentsbeginning November 20, 2018. The creation and develop-ment fee is fixed at $0.05 per unit and is paid at the endof the initial offering period (anticipated to be approxi-mately three months). When the public offering price perunit is less than or equal to $10, you will not pay an initialsales fee. When the public offering price per unit isgreater than $10 per unit, you will pay an initial sales fee.

EEXXAAMMPPLLEE










Cash distributions 00778Q102Reinvest distributions 00778Q110

Fee Based AccountsCash distributions 00778Q128Reinvest distributions 00778Q136

Ticker Symbol TIVABX



Todd International Intrinsic Value Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio — As of the trust inception date, July 19, 2018

EQUITY SECURITIES — 100.00%


31 APTV Aptiv PLC 2.02% $96.78 $3,00038 CUK Carnival PLC 1.52 59.26 2,25232 LVMUY LVMH Moet Hennessy Louis Vuitton SE 1.50 69.48 2,22343 MGA Magna International, Inc. 1.78 61.37 2,639

108 MLCO Melco Resorts & Entertainment Limited 1.78 24.51 2,64723 EDU New Oriental Education & Technology

Group, Inc. 1.51 97.09 2,23387 PCRFY Panasonic Corporation 0.75 12.87 1,120


22 BTI British American Tobacco PLC 0.74 50.15 1,10399 DANOY Danone S.A. 1.02 15.31 1,515

Energy - 13.25%

19 CEO CNOOC Limited 2.05 160.13 3,04330 E Eni SpA 0.76 37.78 1,13350 LUKOY LUKOIL PJSC 2.30 68.10 3,405

212 REPYY Repsol S.A. 2.80 19.60 4,15460 RDS/A Royal Dutch Shell PLC 2.79 68.90 4,13461 TOT TOTAL S.A. 2.55 62.00 3,782

Financials - 27.68%10 AON Aon PLC 0.99 147.34 1,47362 AXAHY AXA S.A. 1.02 24.41 1,51395 BSAC Banco Santander Chile 2.03 31.65 3,007

194 BSMX Banco Santander Mexico S.A. Institucion deBanca Multiple Grupo Financiero Santand 1.01 7.75 1,504

418 SAN Banco Santander S.A. 1.52 5.39 2,25324 BMO Bank of Montreal 1.28 78.97 1,89575 BNPQY BNP Paribas S.A. 1.53 30.29 2,27155 DNKEY Danske Bank A/S 0.51 13.81 75940 DBSDY DBS Group Holdings Limited 2.06 76.39 3,05527 HDB HDFC Bank Limited 2.02 110.98 2,997

156 ING ING Groep N.V. 1.52 14.45 2,25472 IVZ Invesco Limited 1.27 26.13 1,88196 ITUB Itau Unibanco Holding S.A. 0.75 11.57 1,11151 LAZ Lazard Limited 1.78 51.78 2,641

(Continued)


Percentage of Market Cost ofNumber Ticker Aggregate Offering Value per Securitiesof Shares Symbol Issuer(1)(3) Price Share(1) to Trust(2)

Todd International Intrinsic Value Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio (Continued) — As of the trust inception date, July 19, 2018

Financials (Continued)

325 MUFG Mitsubishi UFJ Financial Group, Inc. 1.27% $5.82 $1,89237 IX ORIX Corporation 2.03 81.30 3,008

161 SBRCY Sberbank of Russia PJSC 1.53 14.07 2,265244 SMFG Sumitomo Mitsui Financial Group, Inc. 1.27 7.74 1,889

37 SLF Sun Life Financial, Inc. 1.02 40.82 1,510122 UBS UBS Group AG 1.27 15.40 1,879

Health Care - 3.82%

108 GRFS Grifols S.A. 1.52 20.93 2,26025 ICLR ICON PLC (4) 2.30 136.55 3,414


47 AER AerCap Holdings N.V. (4) 1.77 55.85 2,62518 ASHTY Ashtead Group PLC 1.56 128.11 2,30618 CNI Canadian National Railway Company 1.04 85.47 1,53861 CCCGY China Communications Construction

Company Limited 0.76 18.57 1,13350 INFO IHS Markit Limited (4) 1.79 53.05 2,65354 KMTUY Komatsu Limited 1.03 28.15 1,52059 MKTAY Makita Corporation 1.78 44.66 2,63525 RYAAY Ryanair Holdings PLC (4) 1.99 118.30 2,95844 ST Sensata Technologies Holding PLC (4) 1.51 50.93 2,24151 ZTO ZTO Express Cayman, Inc. (4) 0.76 21.97 1,121


8 BABA Alibaba Group Holding Limited (4) 1.03 190.79 1,52633 DOX Amdocs Limited 1.52 68.43 2,258

8 BIDU Baidu, Inc. (4) 1.45 269.42 2,15557 FUJIY FUJIFILM Holdings Corporation 1.54 39.94 2,27768 HOLI Hollysys Automation Technologies Limited 1.02 22.31 1,51757 INFY Infosys Limited 0.76 19.68 1,12241 MOMO Momo, Inc. (4) 1.26 45.62 1,870

4 NTES NetEase, Inc. 0.71 261.62 1,04749 TSM Taiwan Semiconductor Manufacturing

Company Limited 1.27 38.41 1,88245 TOELY Tokyo Electron Limited 1.28 42.30 1,90336 WNS WNS Holdings Limited (4) 1.28 52.82 1,90259 YNDX Yandex N.V. (4) 1.51 38.06 2,24627 YY YY, Inc. (4) 1.78 97.72 2,638

(Continued)



Todd International Intrinsic Value Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio (Continued) — As of the trust inception date, July 19, 2018

Materials - 6.90%

77 BASFY BASF SE 1.27% $24.51 $1,887168 CX Cemex S.A.B. de C.V. (4) 0.77 6.76 1,136

53 CRH CRH PLC 1.28 35.76 1,89521 LYB LyondellBasell Industries N.V. 1.54 108.61 2,28155 RIO Rio Tinto PLC 2.04 54.94 3,022

Real Estate - 0.76%

73 CAOVY China Overseas Land & Investment Limited 0.76 15.41 1,125

Telecommunication Services - 4.06%

211 MBT Mobile TeleSystems PJSC 1.27 8.90 1,87849 NTTYY Nippon Telegraph & Telephone Corporation 1.52 46.06 2,25744 SFTBY SoftBank Group Corporation 1.27 42.65 1,877

Utilities - 0.51%

67 EONGY E.ON SE 0.51 11.32 758

100.00% $148,303

Notes to Portfolio


(2) The cost of the securities to the sponsor and the sponsor’s profit or (loss) (which is the difference between the cost of the securities to thesponsor and the cost of the securities to the trust) are $148,338 and $(35), respectively.

(3) All investments are securities issued by a foreign company.

Equity securities comprise 100.00% of the investments in the trust, broken down by country of organization as set forth below:

Bermuda 4.84% Brazil 0.75% British Virgin Islands 1.02%Canada 5.12% Cayman Islands 10.28% Chile 2.03%China 0.76% Denmark 0.51% France 7.62%Germany 1.78% Guernsey 1.52% Hong Kong 2.81%India 2.78% Ireland 5.57% Italy 0.76%Jersey 3.30% Japan 13.74% Mexico 1.78%Netherlands 6.34% Russia 5.10% Singapore 2.06%Spain 5.84% Switzerland 1.27% Taiwan 1.27%United Kingdom 11.15%







The trust seeks to achieve its objective by investingin a portfolio of stocks of companies deriving a sub-stantial portion of their revenues worldwide that PenceCapital Management, LLC (the “Portfolio Consultant”)believes are involved in aspects of the transformation ofconsumer behavior and technological innovation.Today, the world is vastly different from even just tenyears ago, and that is a trend that the PortfolioConsultant expects will continue to develop.Improvements in processing power are enabling the cre-ation of artificial intelligence (AI) and the propagationof semiconductors in everyday items for the “Internetof Things” (IoT) which are connecting consumers andtheir devices like never before and enabling the rise ofrobots. Companies were considered for the portfoliothat Portfolio Consultant believes:

• either have leadership with stellar trackrecords of innovation or potential to developnew and great technologies in the future;

• are working to make sure that our tomorrowis brighter than today; and

• are positioned to capture key factors of theworld’s shift over to a more technological andtransformative era.

From those companies, Portfolio Consultant iden-tified securities by analyzing factors including expectedmarket dominance over the next three to five years, rel-ative size within industry sectors based on market capi-talization, steady R&D spending as percent of sales,steadiness of past earnings growth rates and revenuegrowth, strength of earnings and revenue projections,balance sheet strength, valuation and levels of cashholdings.




• AAnn iissssuueerr mmaayy bbee uunnwwiilllliinngg oorr uunnaabbllee ttoo ddeeccllaarreeddiivviiddeennddss iinn tthhee ffuuttuurree,, oorr mmaayy rreedduuccee tthhee lleevveell ooffddiivviiddeennddss ddeeccllaarreedd.. This may result in a reduc-tion in the value of your units.

• TThhee ffiinnaanncciiaall ccoonnddiittiioonn ooff aann iissssuueerr mmaayy wwoorrsseennoorr iittss ccrreeddiitt rraattiinnggss mmaayy ddrroopp,, rreessuullttiinngg iinn aa rreedduucc--ttiioonn iinn tthhee vvaalluuee ooff yyoouurr uunniittss.. This may occur atany point in time, including during the initialoffering period.

• TThhee ttrruusstt iiss ccoonncceennttrraatteedd iinn sseeccuurriittiieess iissssuueedd bbyyiinnffoorrmmaattiioonn tteecchhnnoollooggyy ccoommppaanniieess.. Negativedevelopments in this sector will affect the value ofyour investment more than would be the case in amore diversified investment.

• WWee** ddoo nnoott aaccttiivveellyy mmaannaaggee tthhee ppoorrttffoolliioo.. Exceptin limited circumstances, the trust will hold, andcontinue to buy, shares of the same securities evenif their market value declines.


The Portfolio Consultant, Pence CapitalManagement, LLC, is a registered investmentadviser registered with the state of California.

Pence Capital Management, LLC is a regis-tered investment advisory firm based in NewportBeach, California. The firm uses its proprietaryresearch to identify and deliver actionable invest-ment insights. The firm is led by Colonel (ret) E.Dryden Pence III, a Harvard-educated economistwith thirty years of experience in the financial


TRANSFORMERS STRATEGY PORTFOLIO


industry. His formal training and knowledge ineconomics combined with his career of more thantwenty-two years in Army Intelligence, SpecialOperations and Psychological Warfare, gives thefirm a unique understanding of human behaviorand its effects on the economy and the markets.

The Portfolio Consultant is not an affiliate ofthe sponsor. The Portfolio Consultant makes norepresentations that the portfolio will achieve theinvestment objectives or will be profitable or suit-able for any particular potential investor.

The Portfolio Consultant and/or its affiliatesmay use the list of securities in its independentcapacity as an investment adviser and distributethis information to various individuals and enti-ties. The Portfolio Consultant and/or its affiliatesmay recommend to other clients or otherwiseeffect transactions in the securities held by thetrust. This may have an adverse effect on theprices of the securities. This also may have animpact on the price the trust pays for the securi-ties and the price received upon unit redemptionsor liquidation of the securities. The PortfolioConsultant and/or its affiliates also may issuereports and makes recommendations on securi-ties, which may include the securities in the trust.

Neither the Portfolio Consultant nor thesponsor manages the trust. Opinions expressedby the Portfolio Consultant are not necessarilythose of the sponsor, and may not actually cometo pass. The Portfolio Consultant is being com-pensated for its portfolio consulting services,including selection of the trust portfolio.




• to own a defined portfolio of stocks.















The initial sales fee is the difference between the totalsales fee (maximum of 1.85% of the unit offering price) andthe sum of the remaining deferred sales fee and the total cre-ation and development fee. The deferred sales fee is fixed at$0.135 per unit and is paid in three monthly installmentsbeginning November 20, 2018. The creation and develop-ment fee is fixed at $0.05 per unit and is paid at the endof the initial offering period (anticipated to be approxi-mately three months). When the public offering price perunit is less than or equal to $10, you will not pay an initialsales fee. When the public offering price per unit isgreater than $10 per unit, you will pay an initial sales fee.

EEXXAAMMPPLLEE










Cash distributions 00778Q144Reinvest distributions 00778Q151

Fee Based AccountsCash distributions 00778Q169Reinvest distributions 00778Q177

Ticker Symbol TSPABX




Transformers Strategy Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio — As of the trust inception date, July 19, 2018



2 AMZN Amazon.com, Inc. (4) 1.44% $1,842.92 $3,6862 BKNG Booking Holdings, Inc. (4) 1.59 2,023.91 4,048

13 EXPE Expedia Group, Inc. 0.65 127.49 1,65746 JD JD.com, Inc. (3)(4) 0.68 37.53 1,72610 NFLX Netflix, Inc. (4) 1.47 375.13 3,75132 SNE Sony Corporation (3) 0.66 53.07 1,698

8 TSLA Tesla, Inc. (4) 1.01 323.85 2,591171 VIPS Vipshop Holdings Limited (3)(4) 0.67 10.03 1,715

Health Care - 7.41%

19 ALXN Alexion Pharmaceuticals, Inc. (4) 1.01 135.65 2,577145 CYBQY CYBERDYNE, Inc. (3)(4) 0.69 12.22 1,772

17 DXCM DexCom, Inc. (4) 0.69 103.52 1,76026 EXAS Exact Sciences Corporation (4) 0.68 66.74 1,73524 INCY Incyte Corporation (4) 0.66 70.37 1,689

5 ISRG Intuitive Surgical, Inc. (4) 1.03 527.91 2,64028 MZOR Mazor Robotics Limited (3)(4) 0.67 61.15 1,71212 TMO Thermo Fisher Scientific, Inc. 0.99 211.43 2,53714 VRTX Vertex Pharmaceuticals, Inc. (4) 0.99 181.13 2,536


47 BAESY BAE Systems PLC (3) 0.66 35.88 1,68611 BA The Boeing Company 1.55 360.23 3,96390 FANUY FANUC Corporation (3) 0.67 18.92 1,70313 GD General Dynamics Corporation 1.00 195.43 2,54126 HON Honeywell International, Inc. 1.52 149.15 3,87818 JBT John Bean Technologies Corporation 0.66 94.10 1,694

8 LMT Lockheed Martin Corporation 1.00 319.77 2,55844 NJDCY Nidec Corporation (3) 0.66 38.36 1,688

8 NOC Northrop Grumman Corporation 1.01 323.71 2,59013 RTN Raytheon Company 1.03 201.52 2,62015 ROK Rockwell Automation, Inc. 1.00 170.41 2,556

9 ROP Roper Technologies, Inc. 1.00 283.80 2,554

(Continued)



Transformers Strategy Portfolio, Series 2018-3Q(Advisors Disciplined Trust 1882)Portfolio (Continued) — As of the trust inception date, July 19, 2018

Industrials (Continued)

33 ST Sensata Technologies Holding PLC (3)(4) 0.66% $50.93 $1,68125 SIEGY Siemens AG (3) 0.67 68.80 1,720

106 SMCAY SMC Corporation (3) 0.66 16.00 1,6955 TDG TransDigm Group, Inc. (4) 0.71 360.08 1,800

29 UTX United Technologies Corporation 1.50 131.69 3,819


129 AACAY AAC Technologies Holdings, Inc. (3) 0.67 13.18 1,70031 ATVI Activision Blizzard, Inc. 0.99 81.27 2,51915 ADBE Adobe Systems, Inc. (4) 1.53 259.78 3,897

101 AMD Advanced Micro Devices, Inc. (4) 0.67 16.85 1,7029 BABA Alibaba Group Holding Limited (3)(4) 0.67 190.79 1,7173 GOOGL Alphabet, Inc. (4) 1.43 1212.91 3,639

29 APH Amphenol Corporation 1.01 89.13 2,58526 ADI Analog Devices, Inc. 1.01 99.09 2,57620 AAPL Apple, Inc. 1.49 190.40 3,80853 AMAT Applied Materials, Inc. 1.00 48.28 2,559

8 ASML ASML Holding N.V. (3) 0.68 217.90 1,74319 ADSK Autodesk, Inc. (4) 1.02 137.43 2,611

6 BIDU Baidu, Inc. (3)(4) 0.63 269.42 1,61727 BZUN Baozun, Inc. (3)(4) 0.66 62.18 1,67918 AVGO Broadcom, Inc. 1.47 208.78 3,75852 BRKS Brooks Automation, Inc. 0.67 32.76 1,70437 CDNS Cadence Design Systems, Inc. (4) 0.66 45.52 1,68490 CSCO Cisco Systems, Inc. 1.49 42.21 3,79937 CGNX Cognex Corporation 0.66 45.58 1,68631 CTSH Cognizant Technology Solutions Corporation 1.00 82.33 2,55287 GLW Corning, Inc. 1.00 29.45 2,56254 DBX Dropbox, Inc. (4) 0.66 31.24 1,68767 EBAY eBay, Inc. (4) 1.00 37.95 2,54317 EA Electronic Arts, Inc. (4) 0.99 148.93 2,53218 FB Facebook, Inc. (4) 1.48 209.36 3,76812 FLT FleetCor Technologies, Inc. (4) 1.02 217.89 2,61525 FTNT Fortinet, Inc. (4) 0.65 66.81 1,67014 GPN Global Payments, Inc. 0.65 118.30 1,65676 HOLI Hollysys Automation Technologies Limited (3) 0.66 22.31 1,69688 HDP Hortonworks, Inc. (4) 0.67 19.29 1,69874 INTC Intel Corporation 1.50 51.72 3,82726 INXN InterXion Holding N.V. (3)(4) 0.66 64.26 1,671

(Continued)





7 IPGP IPG Photonics Corporation (4) 0.67% $242.53 $1,69847 IQ iQIYI, Inc. (3)(4) 0.66 35.96 1,69014 LRCX Lam Research Corporation 1.00 181.32 2,53818 MA Mastercard, Inc. 1.47 208.36 3,750

5 MELI MercadoLibre, Inc. (4) 0.72 369.35 1,84727 MCHP Microchip Technology, Inc. 1.01 95.76 2,58636 MSFT Microsoft Corporation 1.48 105.12 3,78440 MIME Mimecast Limited (3)(4) 0.66 42.09 1,684

7 NTES NetEase, Inc. (3) 0.72 261.62 1,83115 NICE Nice Limited (3)(4) 0.65 109.96 1,64915 NVDA NVIDIA Corporation 1.48 251.70 3,77637 OMRNY Omron Corporation (3) 0.66 45.37 1,67912 PANW Palo Alto Networks, Inc. (4) 1.02 216.22 2,59543 PYPL PayPal Holdings, Inc. (4) 1.49 88.22 3,79313 PFPT Proofpoint, Inc. (4) 0.65 127.70 1,66017 PTC PTC, Inc. (4) 0.66 98.51 1,67521 QRVO Qorvo, Inc. (4) 0.68 82.40 1,73044 QCOM QUALCOMM, Inc. 1.01 58.76 2,58518 QLYS Qualys, Inc. (4) 0.68 95.95 1,72717 RHT Red Hat, Inc. (4) 0.99 148.48 2,52426 CRM salesforce.com, Inc. (4) 1.51 147.84 3,84414 SAP SAP SE (3) 0.67 121.96 1,70713 NOW ServiceNow, Inc. (4) 0.98 192.01 2,49616 SLAB Silicon Laboratories, Inc. (4) 0.67 106.20 1,69917 SWKS Skyworks Solutions, Inc. 0.68 102.03 1,73516 SPLK Splunk, Inc. (4) 0.67 107.48 1,720

9 SPOT Spotify Technology S.A. (3)(4) 0.66 186.15 1,67537 SQ Square, Inc. (4) 0.99 68.29 2,52772 STM STMicroelectronics N.V. (3) 0.67 23.72 1,70818 SNPS Synopsys, Inc. (4) 0.65 91.94 1,65544 TSM Taiwan Semiconductor Manufacturing

Company Limited (3) 0.66 38.41 1,69018 TEL TE Connectivity Limited (3) 0.65 92.45 1,66435 TCEHY Tencent Holdings Limited (3) 0.67 48.51 1,69833 TXN Texas Instruments, Inc. 1.50 115.68 3,81749 TRMB Trimble, Inc. (4) 0.66 34.60 1,695

7 TYL Tyler Technologies, Inc. (4) 0.65 237.74 1,66427 V Visa, Inc. 1.49 140.90 3,80419 WB Weibo Corporation (3)(4) 0.67 89.51 1,701

(Continued)





32 WDC Western Digital Corporation 0.99% $78.78 $2,52129 WP Worldpay, Inc. (4) 0.99 86.65 2,51325 XLNX Xilinx, Inc. 0.67 68.74 1,71926 YASKY Yaskawa Electric Corporation (3) 0.67 65.78 1,71028 ZEN Zendesk, Inc. (4) 0.66 60.45 1,69327 Z Zillow Group, Inc. (4) 0.67 62.96 1,700

100.00% $255,192

Notes to Portfolio

(1) Securities are represented by contracts to purchase securities. The value of each security is based on the evaluation of each security as of the closeof regular trading on the New York Stock Exchange on the business day prior to the trust’s inception date. Accounting Standards Codification 820,“Fair Value Measurements” establishes a framework for measuring fair value and expands disclosure about fair value measurements in financialstatements for the trust. The framework under the standard is comprised of a fair value hierarchy, which requires an entity to maximize the use ofobservable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that maybe used to measure fair value:

Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the trust has the ability to access as ofthe measurement date.

Level 2: Significant observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted pricesin markets that are not active, and other inputs that are observable or can be corroborated by observable market data. Certainsecurities traded on non-U.S. exchanges may be valued using indications of fair value provided by an independent pricing serviceto reflect any significant market movements between the time the trust values such securities and the earlier closing of suchnon-U.S. markets. Such fair valuations are categorized as Level 2 in the fair value hierarchy.

Level 3: Significant unobservable inputs that reflect the trust’s own assumptions about the assumptions that market participantswould use in pricing an asset or liability.

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing those securities.

Changes in valuation techniques may result in transfers in or out of an investment’s assigned level as described above.

The following table summarizes the trust’s investments as of the trust’s inception, based on inputs used to value them:

Level 1 Level 2 Level 3Common Stocks $ 255,192 $ - $ -




British Virgin Islands 0.66% Cayman Islands 6.70% Germany 1.34%Israel 1.32% Japan 4.67% Jersey 0.66%Luxembourg 0.66% Netherlands 2.01% Switzerland 0.65%Taiwan 0.66% United Kingdom 1.32% United States 79.35%




HHOOWW TTOO BBUUYY UUNNIITTSS

You can buy units of a trust on any businessday the New York Stock Exchange is open bycontacting your financial professional. Unitprices are available daily on the Internet atwwwwww..AAAAMMlliivvee..ccoomm.. The public offering price ofunits includes:

• the net asset value per unit plus

• organization costs plus

• the sales fee.

The “net asset value per unit” is the value ofthe securities, cash and other assets in your trustreduced by the liabilities of your trust divided bythe total units or your trust outstanding. Weoften refer to the public offering price of units asthe “offer price” or “purchase price.” The offerprice will be effective for all orders received priorto the close of regular trading on the New YorkStock Exchange (normally 4:00 p.m. Easterntime). If we receive your order prior to the closeof regular trading on the New York StockExchange or authorized financial professionalsreceive your order prior to that time and properlytransmit the order to us by the time that we des-ignate, then you will receive the price computedon the date of receipt. If we receive your orderafter the close of regular trading on the New YorkStock Exchange, if authorized financial profes-sionals receive your order after that time or iforders are received by such persons and are nottransmitted to us by the time that we designate,then you will receive the price computed on thedate of the next determined offer price providedthat your order is received in a timely manner onthat date. It is the responsibility of the author-ized financial professional to transmit the orders

that they receive to us in a timely manner.Certain broker-dealers may charge a transactionor other fee for processing unit purchase orders.

VVaalluuee ooff tthhee SSeeccuurriittiieess.. We determine thevalue of the securities as of the close of regulartrading on the New York Stock Exchange oneach day that exchange is open. We generallydetermine the value of securities using the lastsale price for securities traded on a national secu-rities exchange. For this purpose, the trusteeprovides us closing prices from a reporting serv-ice approved by us. In some cases we will price asecurity based on its fair value after consideringappropriate factors relevant to the value of thesecurity. We will only do this if a security is notprincipally traded on a national securitiesexchange or if the market quotes are unavailableor inappropriate.

We determined the initial prices of the securi-ties shown under each “Portfolio” section in thisprospectus as described above at the close of regu-lar trading on the New York Stock Exchange onthe business day before the date of this prospectus.On the first day we sell units we will compute theunit price as of the close of regular trading on theNew York Stock Exchange or the time the registra-tion statement filed with the Securities andExchange Commission becomes effective, if later.

OOrrggaanniizzaattiioonn CCoossttss.. During the initial offer-ing period, part of the value of the units repre-sents an amount that will pay the costs of creatingyour trust. These costs include the costs ofpreparing the registration statement and legaldocuments, a portfolio consultant’s security selec-tion fee (if any), federal and state registration fees,the initial fees and expenses of the trustee and theinitial audit. Your trust will sell securities toreimburse us for these costs at the end of the ini-tial offering period or after six months, if earlier.

UNDERSTANDING YOUR INVESTMENT

Understanding Your Investment 65

The value of your units will decline when yourtrust pays these costs.

SSaalleess FFeeee.. The maximum sales fee is shownunder “Fees and Expenses” for your trust and is1.85% of the public offering price per unit at thetime of purchase.

You pay a fee in connection with purchasingunits. We refer to this fee as the “transactionalsales fee”. The transactional sales fee has both aninitial and a deferred component. The transac-tional sales fee equals 1.35% of the public offer-ing price per unit based on a $10 public offeringprice per unit. The percentage amount of thetransactional sales fee is based on the unit priceon your trust’s inception date. The transactionalsales fee equals the difference between the totalsales fee and the creation and development fee.As a result, the percentage and dollar amount ofthe transactional sales fee will vary as the publicoffering price per unit varies. The transactionalsales fee does not include the creation and devel-opment fee which is described under “Fees andExpenses” for your trust.

You pay the initial sales fee, if any, at the timeyou buy units. The initial sales fee is the differ-ence between the total sales fee percentage (maxi-mum of 1.85% of the public offering price perunit) and the sum of the remaining fixed dollardeferred sales fee and the total fixed dollar cre-ation and development fee. The initial sales feewill be 0.00% of the public offering price per unitat a public offering price per unit of $10. If thepublic offering price per unit exceeds $10, youwill be charged an initial sales fee equal to the dif-ference between the total sales fee percentage(maximum of 1.85% of the public offering priceper unit) and the sum of the remaining fixed dol-lar deferred sales fee and total fixed dollar creationand development fee. The deferred sales fee is

fixed at $0.135 per unit. Your trust pays thedeferred sales fee in equal monthly installments asdescribed under “Fees and Expenses” for yourtrust. If you redeem or sell your units prior tocollection of the total deferred sales fee, you willpay any remaining deferred sales fee uponredemption or sale of your units.

Since the deferred sales fee and creation anddevelopment fee are fixed dollar amounts perunit, your trust must charge these amounts perunit regardless of any decrease in net asset value.As a result, if the public offering price per unitfalls to less than $10 (resulting in the maximumsales fee percentage being a dollar amount that isless than the combined fixed dollar amounts ofthe deferred sales fee and creation and develop-ment fee) your initial sales fee will be a creditequal to the amount by which these fixed dollarfees exceed the sales fee at the time you buy units.In such a situation, the value of securities per unitwould exceed the public offering price per unit bythe amount of the initial sales fee credit and thevalue of those securities will fluctuate, whichcould result in a benefit or detriment to unithold-ers that purchase units at that price. The initialsales fee credit is paid by the sponsor and is notpaid by the trust.

If you purchase units after the last deferredsales fee payment has been assessed, the secondarymarket sales fee is equal to 1.85% of the publicoffering price and does not include deferred pay-ments (i.e. unitholders who buy in the secondarymarket after collection of the deferred sales feesare not charged deferred sales fees).

MMiinniimmuumm PPuurrcchhaassee.. The minimum amountyou can purchase appears under “EssentialInformation” for your trust, but such amountsmay vary depending on your selling firm.

66 Understanding Your Investment

RReedduucciinngg YYoouurr SSaalleess FFeeee. We offer a varietyof ways for you to reduce the fee you pay. It isyour financial professional’s responsibility toalert us of any discount when you order units.Except as expressly provided herein, you maynot combine discounts. Since the deferred salesfee and the creation and development fee arefixed dollar amounts per unit, your trust mustcharge these fees per unit regardless of any dis-counts. However, if you are eligible to receive adiscount such that your total sales fee is less thanthe fixed dollar amounts of the deferred sales feeand the creation and development fee, we willcredit you the difference between your total salesfee and these fixed dollar fees at the time youbuy units.

Fee Accounts. Investors may purchase unitsthrough registered investment advisers, certifiedfinancial planners or registered broker-dealers whoin each case either charge investor accounts (“FeeAccounts”) periodic fees for brokerage services,financial planning, investment advisory or assetmanagement services, or provide such services inconnection with an investment account for whicha comprehensive “wrap fee” charge (“Wrap Fee”)is imposed. You should consult your financialadvisor to determine whether you can benefitfrom these accounts. To purchase units in theseFee Accounts, your financial advisor must pur-chase units designated with one of the FeeAccount CUSIP numbers, if available. Pleasecontact your financial advisor for more informa-tion. If units are purchased for a Fee Accountand the units are subject to a Wrap Fee in suchFee Account (i.e., the trust is “Wrap Fee Eligible”)then investors may be eligible to purchase units inthese Fee Accounts that are not subject to thetransactional sales fee but will be subject to thecreation and development fee that is retained bythe sponsor. For example, this table illustrates thesales fee you will pay as a percentage of the initial

$10 public offering price per unit (the percentagewill vary with the unit price).

Initial sales fee 0.00%Deferred sales fee 0.00%

Transactional sales fee 0.00%Creation and development fee 0.50%

Total sales fee 0.50%

This discount applies only during the initialoffering period. Certain Fee Account investorsmay be assessed transaction or other fees on thepurchase and/or redemption of units by their bro-ker-dealer or other processing organizations forproviding certain transaction or account activities.We reserve the right to limit or deny purchases ofunits in Fee Accounts by investors or selling firmswhose frequent trading activity is determined tobe detrimental to a trust.

Employees. We waive the transactional salesfee for purchases made by officers, directors andemployees (and immediate family members) of thesponsor and its affiliates. These purchases are notsubject to the transactional sales fee but will besubject to the creation and development fee. Wealso waive a portion of the sales fee for purchasesmade by officers, directors and employees (andimmediate family members) of selling firms.These purchases are made at the public offeringprice per unit less the applicable regular dealerconcession. Immediate family members for thepurposes of this section include your spouse, chil-dren (including step-children) under the age of 21living in the same household, and parents (includ-ing step-parents). These discounts apply to initialoffering period and secondary market purchases.All employee discounts are subject to the policiesof the related selling firm, including but not lim-ited to, householding policies or limitations.Only officers, directors and employees (and theirimmediate family members) of selling firms that


allow such persons to participate in this employeediscount program are eligible for the discount.

Dividend Reinvestment Plan. We do notcharge any sales fee when you reinvest distribu-tions from your trust into additional units of yourtrust. This sales fee discount applies to initialoffering period and secondary market purchases.Since the deferred sales fee and the creation anddevelopment fee are fixed dollar amounts perunit, your trust must charge these fees per unitregardless of this discount. If you elect the distri-bution reinvestment plan, we will credit you withadditional units with a dollar value sufficient tocover the amount of any remaining deferred salesfee or creation and development fee that will becollected on such units at the time of reinvest-ment. The dollar value of these units will fluctu-ate over time.

RReettiirreemmeenntt AAccccoouunnttss.. Your portfolio may besuitable for purchase in tax-advantaged retirementaccounts. You should contact your financial pro-fessional about the accounts offered and any addi-tional fees imposed.

HHOOWW TTOO SSEELLLL YYOOUURR UUNNIITTSS

You can sell or redeem your units on anybusiness day the New York Stock Exchange isopen by contacting your financial professional.Unit prices are available daily on the Internet atwwwwww..AAAAMMlliivvee..ccoomm or through your financial pro-fessional. The sale and redemption price of unitsis equal to the net asset value per unit, providedthat you will not pay any remaining creation anddevelopment fee or organization costs if you sellor redeem units during the initial offering period.The sale and redemption price is sometimesreferred to as the “liquidation price.” You payany remaining deferred sales fee when you sell orredeem your units. Certain broker-dealers may

charge a transaction or other fee for processingunit redemption or sale requests.

SSeelllliinngg UUnniittss. We may maintain a secondarymarket for units. This means that if you want tosell your units, we may buy them at the currentnet asset value, provided that you will not pay anyremaining creation and development fee or organ-ization costs if you sell units during the initialoffering period. We may then resell the units toother investors at the public offering price orredeem them for the redemption price. Our sec-ondary market repurchase price is the same as theredemption price. Certain broker-dealers mightalso maintain a secondary market in units. Youshould contact your financial professional for cur-rent repurchase prices to determine the best priceavailable. We may discontinue our secondarymarket at any time without notice. Even if we donot make a market, you will be able to redeemyour units with the trustee on any business dayfor the current redemption price.

RReeddeeeemmiinngg UUnniittss. You may also redeem yourunits directly with the trustee, The Bank of NewYork Mellon, on any day the New York StockExchange is open. The redemption price that youwill receive for units is equal to the net asset valueper unit, provided that you will not pay anyremaining creation and development fee or organ-ization costs if you redeem units during the initialoffering period. You will pay any remainingdeferred sales fee at the time you redeem units.You will receive the net asset value for a particularday if the trustee receives your completedredemption request prior to the close of regulartrading on the New York Stock Exchange.Redemption requests received by authorizedfinancial professionals prior to the close of regulartrading on the New York Stock Exchange that areproperly transmitted to the trustee by the timedesignated by the trustee, are priced based on the


date of receipt. Redemption requests received bythe trustee after the close of regular trading on theNew York Stock Exchange, redemption requestsreceived by authorized financial professionals afterthat time or redemption requests received by suchpersons that are not transmitted to the trusteeuntil after the time designated by the trustee, arepriced based on the date of the next determinedredemption price provided they are received in atimely manner by the trustee on such date. It isthe responsibility of authorized financial profes-sionals to transmit redemption requests receivedby them to the trustee so they will be received ina timely manner. If your request is not receivedin a timely manner or is incomplete in any way,you will receive the next net asset value computedafter the trustee receives your completed request.

If you redeem your units, the trustee will gen-erally send you a payment for your units no laterthan seven days after it receives all necessary doc-umentation (this will usually only take two busi-ness days). The only time the trustee can delayyour payment is if the New York Stock Exchangeis closed (other than weekends or holidays), theSecurities and Exchange Commission determinesthat trading on that exchange is restricted or anemergency exists making sale or evaluation of thesecurities not reasonably practicable, and for anyother period that the Securities and ExchangeCommission permits.

You can request an in-kind distribution of thesecurities underlying your units if you tender atleast 2,500 units for redemption (or such otheramount as required by your financial profession-al’s firm). This option is generally available onlyfor securities traded and held in the United States.The trustee will make any in-kind distribution ofsecurities by distributing applicable securities inbook entry form to the account of your financialprofessional at Depository Trust Company. You

will receive whole shares of the applicable securi-ties and cash equal to any fractional shares. Youmay not request this option in the last 30 days ofyour trust’s life. We may discontinue this optionupon sixty days notice.

RRoolllloovveerr OOppttiioonn.. Your trust’s strategy may bea long-term investment strategy designed to befollowed on an annual basis. You may achievemore consistent long-term investment results byfollowing the strategy. As part of the strategy, wecurrently intend to offer a subsequent series ofyour trust for a rollover when the current trustterminates. When your trust terminates you willhave the option to (1) participate in a rolloverand have your units reinvested into a subsequenttrust series through a cash rollover as described inthis section, (2) receive an in-kind distribution ofsecurities or (3) receive a cash distribution.

If you elect to participate in a rollover, yourunits will be redeemed on your trust’s terminationdate. As the redemption proceeds become avail-able, the proceeds (including dividends) will beinvested in a new trust series, if available, at thepublic offering price for the new trust. Thetrustee will attempt to sell securities to satisfy theredemption as quickly as practicable on the termi-nation date. We do not anticipate that the saleperiod will be longer than one day, however, cer-tain factors could affect the ability to sell thesecurities and could impact the length of the saleperiod. The liquidity of any security depends onthe daily trading volume of the security and theamount available for redemption and reinvest-ment on any day.

We intend to make subsequent trust seriesavailable for sale at various times during the year.Of course, we cannot guarantee that a subsequenttrust or sufficient units will be available or thatany subsequent trusts will offer the same investment


strategies or objectives as current trusts. We can-not guarantee that a rollover will avoid any nega-tive market price consequences resulting fromtrading large volumes of securities. Market pricetrends may make it advantageous to sell or buysecurities more quickly or more slowly than per-mitted by the trust procedures. We may, in oursole discretion, modify a rollover or stop creatingunits of any future trust at any time regardless ofwhether all proceeds of unitholders have beenreinvested in a rollover. We may decide not tooffer a rollover option upon sixty days notice.Cash which has not been reinvested in a rolloverwill be distributed to unitholders shortly after thetermination date. Rollover participants mayreceive taxable dividends or realize taxable capitalgains which are reinvested in connection with arollover but may not be entitled to a deduction forcapital losses due to the “wash sale” tax rules. Dueto the reinvestment in a subsequent trust, no cashwill be distributed to pay any taxes. See“Understanding Your Investment—Taxes”.

DDIISSTTRRIIBBUUTTIIOONNSS

DDiissttrriibbuuttiioonnss.. Your trust generally pays distri-butions of its net investment income along withany excess capital on each distribution date tounitholders of record on the preceding recorddate. If your trust is a “grantor trust” for federaltax purposes, the trust will generally only make adistribution if the total cash held for distributionequals at least 0.1% of the trust’s net asset value asdetermined under the trust agreement. Therecord and distribution dates and the tax statusare shown under “Essential Information” in the“Investment Summary” section of this prospectusfor your trust. In some cases, your trust mightpay a special distribution if it holds an excessiveamount of cash pending distribution. For exam-ple, this could happen as a result of a merger orsimilar transaction involving a company whose

stock is in your portfolio. Your trust will alsogenerally make required distributions or distribu-tions to avoid imposition of tax at the end of eachyear if it is structured as a “regulated investmentcompany” for federal tax purposes. The amountof your distributions will vary from time to timeas companies change their dividends and otherincome distributions or trust expenses change.

When your trust receives dividends and otherincome distributions from a portfolio security, thetrustee credits such payments to the trust’saccounts. In an effort to make relatively regularincome distributions, if your trust is a “regulatedinvestment company” for tax purposes and makesmonthly distributions, your trust’s monthly incomedistribution is equal to one twelfth of the estimatednet annual income distributions to be received byyour trust after deduction of trust operatingexpenses. Because a trust does not receive incomedistributions from the portfolio securities at a con-stant rate throughout the year, the income distribu-tions to unitholders from such a trust may be moreor less than the amount credited to your trustaccounts as of the record date. For the purpose ofminimizing fluctuation in income distributions,the trustee is authorized to advance such amountsas may be necessary to provide income distribu-tions of approximately equal amounts. The trusteewill be reimbursed, without interest, for any suchadvances from available income received by a truston the ensuing record date.

RReeppoorrttss. The trustee or your financial profes-sional will make available to you a statementshowing income and other receipts of your trustfor each distribution. Each year the trustee willalso provide an annual report on your trust’sactivity and certain tax information. You canrequest copies of security evaluations to enableyou to complete your tax forms and auditedfinancial statements for your trust, if available.


IINNVVEESSTTMMEENNTT RRIISSKKSS

All investments involve risk. This sectiondescribes the main risks that can impact thevalue of the securities in your portfolio. Youshould understand these risks before you invest.If the value of the securities falls, the value ofyour units will also fall. We cannot guaranteethat your trust will achieve its objective or thatyour investment return will be positive overany period.

MMaarrkkeett RRiisskk.. Market risk is the risk that thevalue of the securities in your trust will fluctuate.This could cause the value of your units to fallbelow your original purchase price. Market valuefluctuates in response to various factors. Thesecan include changes in interest rates, inflation,the financial condition of a security’s issuer, per-ceptions of the issuer, or ratings on a security.Even though we supervise your portfolio, youshould remember that we do not manage yourportfolio. Your trust will not sell a security solelybecause the market value falls as is possible in amanaged fund.

DDiivviiddeenndd PPaayymmeenntt RRiisskk.. Dividend paymentrisk is the risk that an issuer of a security isunwilling or unable to pay income on a security.Stocks represent ownership interests in the issuersand are not obligations of the issuers. Commonstockholders have a right to receive dividends onlyafter the company has provided for payment of itscreditors, bondholders and preferred stockholders.Common stocks do not assure dividend pay-ments. Dividends are paid only when declared byan issuer’s board of directors and the amount ofany dividend may vary over time.

IInnddeexx CCoorrrreellaattiioonn RRiisskk.. Index correlation riskis the risk that the performance of the NASDAQQ-50 IndexSM Portfolio will not sufficiently cor-

respond with the target index. This can happenfor reasons such as:

• the impracticability of owning each ofthe index components with the exactweightings at a given time,

• this trust will generally adjust compo-nent share weightings in an effort tomatch the index only when the indexitself is rebalanced,

• the possibility of index tracking errors,

• the inability to adequately replicate theweightings of certain index componentsdue to round lot trading requirements orpractices, especially in certain foreignsecurities markets,

• regulatory restrictions applicable to thistrust,

• the time that elapses between a change inthe index and a change in this trust, and

• fees and expenses of this trust.

SSttrraatteeggyy CCoorrrreellaattiioonn RRiisskk.. Strategy correlationrisk is the risk that your trust’s performance willnot sufficiently correspond with the hypotheticalback-tested performance of your trust’s invest-ment strategy, if any. This risk applies to your trustif the “Investment Summary” section for yourtrust in this prospectus includes “HypotheticalBack-tested Performance Information.” This canhappen for reasons such as:

• the impracticability of owning each ofthe strategy stocks with the exact weight-ings at a given time,

• strategy performance is based on a calen-dar year strategy while trusts may be cre-ated at various times during the year andgenerally have 15 month terms,


• your trust may not be fully invested at alltimes, and

• trust fees and expenses.

Hypothetical back-tested performance is notactual past performance of this or any trust.Hypothetical back-tested performance is based onapplication of a trust’s investment strategy as of aparticular time.

SSmmaallll aanndd MMiidd--SSiizzee CCoommppaanniieess.. Your trustmay invest in securities issued by small and mid-size companies. The share prices of these compa-nies are often more volatile than those of largercompanies as a result of several factors commonto many such issuers, including limited tradingvolumes, products or financial resources, manage-ment inexperience and less publicly availableinformation.

SSeeccttoorr CCoonncceennttrraattiioonn RRiisskk.. Sector concentra-tion risk is the risk that the value of your trust ismore susceptible to fluctuations based on factorsthat impact a particular sector because the portfo-lio concentrates in securities issued by companieswithin that sector. A portfolio “concentrates” in asector when securities in a particular sector makeup 25% or more of the portfolio. Refer to the“Principal Risks” in the “Investment Summary”section for your trust in this prospectus for sectorconcentrations.

Your trust may invest significantly in securitiesof ccoonnssuummeerr pprroodduuccttss aanndd sseerrvviicceess companies.These companies manufacture or sell various con-sumer products and/or services. General risks ofthese companies include the general state of theeconomy, intense competition and consumerspending trends. A decline in the economy whichresults in a reduction of consumers’ disposableincome can negatively impact spending habits.

Competitiveness in the retail industry will requirelarge capital outlays for the installation of auto-mated checkout equipment to control inventory,track the sale of items and gauge the success ofsales campaigns. Retailers who sell their productsand services over the Internet have the potential toaccess more consumers, but will require sophisti-cated technology to remain competitive.

Your trust may invest significantly in securi-ties issued by companies in the ffiinnaanncciiaallss sseeccttoorr.Any negative impact on this sector will have agreater impact on the value of units than on aportfolio diversified over several sectors. Youshould understand the risks of this sector beforeyou invest. Companies in the financials sectormay include banks and their holding companies,finance companies, investment managers, broker-dealers, insurance and reinsurance companies andmortgage real estate investment trusts (“REITs”).Banks and their holding companies are especiallysubject to the adverse effects of economic reces-sion; volatile interest rates; portfolio concentra-tions in geographic markets and in commercialand residential real estate loans; and competitionfrom new entrants in their fields of business. Inaddition, banks and their holding companies areextensively regulated at both the federal and statelevel and may be adversely affected by increasedregulations. Banks face increased competitionfrom nontraditional lending sources as regulatorychanges permit new entrants to offer variousfinancial products. Technological advances allowthese nontraditional lending sources to cut over-head and permit the more efficient use of cus-tomer data. Banks are already facing tremendouspressure from mutual funds, brokerage firms andother providers in the competition to furnishservices that were traditionally offered by banks.

Companies engaged in investment manage-ment and broker-dealer activities are subject to


volatility in their earnings and share prices thatoften exceeds the volatility of the equity market ingeneral. Adverse changes in the direction of thestock market, investor confidence, equity transac-tion volume, the level and direction of interestrates and the outlook of emerging markets couldadversely affect the financial stability, as well as thestock prices, of these companies. Additionally,competitive pressures, including increased compe-tition with new and existing competitors, theongoing commoditization of traditional businessesand the need for increased capital expenditures onnew technology could adversely impact the profitmargins of companies in the investment manage-ment and brokerage industries. Companiesinvolved in investment management and broker-dealer activities are also subject to extensive regula-tion by government agencies and self-regulatoryorganizations, and changes in laws, regulations orrules, or in the interpretation of such laws, regula-tions and rules could adversely affect the stockprices of such companies.

Companies involved in the insurance, rein-surance and risk management industry under-write, sell or distribute property, casualty andbusiness insurance. Many factors affect insur-ance, reinsurance and risk management companyprofits, including interest rate movements, theimposition of premium rate caps, a misapprehen-sion of the risks involved in given underwritings,competition and pressure to compete globally,weather catastrophes or other disasters and theeffects of client mergers. Already extensively reg-ulated, insurance companies’ profits may beadversely affected by increased government regu-lations or tax law changes.

Mortgage REITs engage in financing realestate, purchasing or originating mortgages andmortgage-backed securities and earning incomefrom the interest on these investments. Such

REITs face risks similar to those of other financialfirms, such as changes in interest rates, generalmarket conditions and credit risk, in addition torisks associated with an investment in real estate.Risk associated with real estate investmentsinclude, among other factors, changes in generalU.S., global and local economic conditions,declines in real estate values, changes in the finan-cial health of tenants, overbuilding and increasedcompetition for tenants, oversupply of propertiesfor sale, changing demographics, changes in inter-est rates, tax rates and other operating expenses,changes in government regulations, faulty con-struction and the ongoing need for capitalimprovements, regulatory and judicial require-ments including relating to liability for environ-mental hazards, changes in neighborhood valuesand buyer demand, and the unavailability of con-struction financing or mortgage loans at ratesacceptable to developers.

The financial services sector was adverselyaffected by global developments over the last sever-al years stemming from the financial crisis includ-ing recessionary conditions, deterioration in thecredit markets and recurring concerns over sover-eign debt. These events led to considerable write-downs in the values of many assets held by finan-cial services companies and a tightening of creditmarkets that was marked by a general unwilling-ness of many entities to extend credit. These fac-tors caused a significant need for many financialservices companies to raise capital to meet obliga-tions and to satisfy regulatory and contractual cap-ital requirements. Many well-established financialservices companies were forced to seek additionalcapital through issuances of new preferred or com-mon equity and certain companies were forced toagree to be acquired by other companies (or sellsome or all of their assets to other companies). Insome cases government assistance, guarantees ordirect participation in investments or acquisitions


were necessary to facilitate these transactions. Inaddition, concerns regarding these issues and theirpotential negative impact to the U.S. and globaleconomies resulted in extreme volatility in securi-ties prices and uncertain market conditions.

In response to these issues, governmentauthorities in the U.S. and other countries haveinitiated and may continue to engage in adminis-trative and legislative action, including the Dodd-Frank Wall Street Reform and ConsumerProtection Act and resulting rulemaking. Thesegovernment actions include, but are not limited to,restrictions on investment activities; increased over-sight, regulation and involvement in financial serv-ices company practices; adjustments to capitalrequirements; the acquisition of interests in and theextension of credit to private entities; and increasedinvestigation efforts into the actions of companiesand individuals in the financial service industry.No one can predict any action that might be takenor the effect any action or inaction will have. It ispossible that any actions taken by governmentauthorities will not address or help improve thestate of these difficulties as intended. No one canpredict the impact that these difficulties will haveon the economy, generally or financial servicescompanies. These difficulties and correspondinggovernment action or inaction may have far reach-ing consequences and your investment may beadversely affected by such developments.

Your trust may invest significantly in securi-ties of companies in the iinnffoorrmmaattiioonn tteecchhnnoollooggyysseeccttoorr. Technology companies are generally sub-ject to the risks of rapidly changing technologies;short product life cycles; fierce competition;aggressive pricing; frequent introduction of newor enhanced products; the loss of patent, copy-right and trademark protections; cyclical marketpatterns; evolving industry standards; and fre-quent new product introductions. Technology

companies may be smaller and less experiencedcompanies, with limited product lines, marketsor financial resources. Technology companystocks have experienced extreme price and vol-ume fluctuations that are often unrelated to theiroperating performance, and have lately experi-enced significant market declines in their sharevalues. Also, the stocks of many internet compa-nies have exceptionally high price-to-earningsratios with little or no earnings histories.

FFoorreeiiggnn IIssssuueerr RRiisskk.. An investment in securi-ties of foreign issuers involves certain risks that aredifferent in some respects from an investment insecurities of domestic issuers. These include risksassociated with future political and economicdevelopments, international trade conditions, for-eign withholding taxes, liquidity concerns, curren-cy fluctuations, volatility, restrictions on foreigninvestments and exchange of securities, potentialfor expropriation of assets, confiscatory taxation,difficulty in obtaining or enforcing a court judg-ment, potential inability to collect when a compa-ny goes bankrupt and economic, political orsocial instability. Moreover, individual foreigneconomies may differ favorably or unfavorablyfrom the U.S. economy for reasons including dif-ferences in growth of gross domestic product,rates of inflation, capital reinvestment, resources,self-sufficiency and balance of payments positions.There may be less publicly available informationabout a foreign issuer than is available from adomestic issuer as a result of different accounting,auditing and financial reporting standards. Someforeign markets are less liquid than U.S. marketswhich could cause securities to be bought at ahigher price or sold at a lower price than wouldbe the case in a highly liquid market.

Securities of certain foreign issuers may bedenominated or quoted in currencies other than theU.S. dollar. Foreign issuers also make payments


and conduct business in foreign currencies. Manyforeign currencies have fluctuated widely in valueagainst the U.S. dollar for various economic andpolitical reasons. Changes in foreign currencyexchange rates may affect the value of foreignsecurities and income payments. Generally, whenthe U.S. dollar rises in value against a foreign cur-rency, a security denominated in that currencyloses value because the currency is worth fewerU.S. dollars. Conversely, when the U.S. dollardecreases in value against a foreign currency, asecurity denominated in that currency gains valuebecause the currency is worth more U.S. dollars.The U.S. dollar value of income payments on for-eign securities will fluctuate similarly withchanges in foreign currency values.

Certain foreign securities may be held in theform of American Depositary Receipts (“ADRs”),Global Depositary Receipts (“GDRs”), or othersimilar receipts. Depositary receipts representreceipts for foreign securities deposited with acustodian (which may include the trustee of yourtrust). Depository receipts may not be denomi-nated in the same currency as the securities intowhich they may be converted. ADRs typicallytrade in the U.S. in U.S. dollars and are registeredwith the Securities and Exchange Commission.GDRs are similar to ADRs, but GDRs typicallytrade outside of the U.S. and outside of the coun-try of the issuer in the currency of the countrywhere the GDR trades. Depositary receipts gen-erally involve most of the same types of risks asforeign securities held directly but typically alsoinvolve additional expenses associated with thecost of the custodian’s services. Some depositaryreceipts may experience less liquidity than theunderlying securities traded in their home market.Certain depositary receipts are unsponsored (i.e.issued without the participation or involvementof the issuer of the underlying security). Theissuers of unsponsored depositary receipts are not

obligated to disclose information that may beconsidered material in the U.S. Therefore, theremay be less information available regarding theseissuers which can impact the relationship betweencertain information impacting a security and themarket value of the depositary receipts.

EEmmeerrggiinngg MMaarrkkeettss.. Emerging markets aregenerally defined as countries in the initial statesof their industrialization cycles with low per capi-ta income. The markets of emerging marketscountries are generally more volatile than themarkets of developed countries with more matureeconomies. All of the risks of investing in foreignsecurities described above are heightened byinvesting in emerging markets countries.

IInnvveessttmmeenntt PPrroocceessss RRiisskk.. Your trust may investin securities selected by HIMCO. In the event thatHIMCO incorrectly assesses an issuer’s prospectsfor growth or if HIMCO’s judgment about howother investors will value an issuer’s growth iswrong, then the price of an issuer’s stock maydecrease or not increase to the level anticipated.

LLeeggiissllaattiioonn oorr LLiittiiggaattiioonn RRiisskk.. Legislation orlitigation risk is the risk that various legislativeinitiatives will be proposed from time to time inthe United States and abroad which may have anegative impact on certain of the companies rep-resented in your trust. In addition, litigationregarding any of the issuers of the securities or ofthe industries represented by these issuers maynegatively impact the share prices of these securi-ties. No one can predict what impact any pend-ing or threatened litigation will have on the shareprices of the securities.

LLiiqquuiiddiittyy RRiisskk.. Liquidity risk is the risk that thevalue of a security will fall if trading in the securityis limited or absent. No one can guarantee that aliquid trading market will exist for any security.


NNoo FFDDIICC GGuuaarraanntteeee.. An investment in thetrust is not a deposit of any bank and is not insuredor guaranteed by the Federal Deposit InsuranceCorporation or any other government agency.

HHOOWW TTHHEE TTRRUUSSTT WWOORRKKSS

YYoouurr TTrruusstt.. Your trust is a unit investmenttrust registered under the Investment CompanyAct of 1940. We created your trust under a trustagreement between Advisors Asset Management,Inc. (as depositor/sponsor, evaluator and supervi-sor) and The Bank of New York Mellon (astrustee). To create your trust, we deposited secu-rities with the trustee (or contracts to purchasesecurities along with an irrevocable letter of creditor other consideration to pay for the securities).In exchange, the trustee delivered units of yourtrust to us. Each unit represents an undividedinterest in the assets of your trust. These unitsremain outstanding until redeemed or until yourtrust terminates. At the close of the New YorkStock Exchange on your trust’s inception date, thenumber of units may be adjusted so that the pub-lic offering price per unit equals $10. The num-ber of units and fractional interest of each unit inyour trust will increase or decrease to the extentof any adjustment.

CChhaannggiinngg YYoouurr PPoorrttffoolliioo.. Your trust is not amanaged fund. Unlike a managed fund, wedesigned your portfolio to remain relatively fixed.Your trust will generally buy and sell securities:

• to pay expenses,

• to issue additional units or redeem units,

• to take actions in response to certain cor-porate actions and other events impactingportfolio securities,

• in limited circumstances to protect thetrust,

• to make required distributions or avoidimposition of taxes on the trust,

• for the NASDAQ Q-50 IndexSM

Portfolio only, to invest on an ongoingbasis in substantially all of the stocks thatcomprise the trust’s target index and toreplicate the composition of the index, or

• as permitted by the trust agreement.

When your trust sells securities, the composi-tion and diversification of the securities in theportfolio may be altered. If a public tender offerhas been made for a security or a merger, acquisi-tion or similar transaction has been announcedaffecting a security, the sponsor may direct thetrustee to sell the security or accept a tender offer ifthe supervisor determines that the action is in thebest interest of unitholders. The trustee will dis-tribute any available cash proceeds to unitholders.

If an offer by the issuer of any of the portfo-lio securities or any other party is made to issuenew securities, or to exchange securities, for trustportfolio securities, the trustee will reject the offerunless your trust is a “regulated investment com-pany” for tax purposes (see “EssentialInformation—Tax Structure” in the “InvestmentSummary” section for your trust in this prospec-tus). If your trust is a “regulated investment com-pany” for tax purposes and an offer by the issuerof any of the portfolio securities or any otherparty is made to issue new securities, or toexchange securities, for trust portfolio securities,the trustee may either vote for or against, oraccept or reject, any offer for new or exchangedsecurities or property in exchange for a trust port-folio security at the direction of the sponsor.

If any issuance, exchange or substitution ofnew or exchanged securities or property inexchange for a trust portfolio security occurs


(regardless of any action or rejection by a trust),any securities and/or property received will bedeposited into the trust and will be promptly soldby the trustee pursuant to the sponsor’s direction,unless the sponsor advises the trustee to keep suchsecurities or property.

If any contract for the purchase of securitiesfails, the sponsor will refund the cash and sales feeattributable to the failed contract to unitholders onor before the next distribution date unless substan-tially all of the moneys held to cover the purchaseare reinvested in substitute securities in accordancewith the trust agreement. If your trust is a “regu-lated investment company” for tax purposes, thesponsor may direct the reinvestment of security saleproceeds if the sale is the direct result of seriousadverse credit factors which, in the opinion of thesupervisor, would make retention of the securitiesdetrimental to the trust. In such a case, the spon-sor may, but is not obligated to, direct the reinvest-ment of sale proceeds in any other securities thatmeet the criteria for inclusion in the trust on thetrust’s inception date. The sponsor may alsoinstruct the trustee to take action necessary toensure that a portfolio continues to satisfy thequalifications of a “regulated investment company”for tax purposes. Your trust will not participate inrights offerings of closed-end funds, if any.

Notwithstanding the preceding discussion,the NASDAQ Q-50 IndexSM Portfolio will con-sist of as many of the securities in the trust’s tar-get index as is feasible on an ongoing basis. Thistrust seeks to invest in no less than 95% of thesecurities comprising its target index. It may beimpracticable for the trust to own certain of suchsecurities at any time. Adjustments to the NAS-DAQ Q-50 IndexSM Portfolio to match theweightings of the securities as closely as is feasiblewith their weightings in this trust’s target indexwill generally only be made at the time the index

itself is rebalanced, however, this trust reserves theright to do so as securities are sold to pay expens-es or meet redemptions. Of course, there is noguarantee that this will always be practicable.The excess proceeds from any sale will generallybe invested in those securities that are mostunder-represented in this trust. Changes in theindex may occur as a result of merger or acquisi-tion activity. In such cases, the NASDAQ Q-50IndexSM Portfolio, as a shareholder of an issuerwhich is the object of such merger or acquisitionactivity, will presumably receive various offersfrom potential acquirers of the issuer. This trustis not permitted to accept any such offers untilsuch time as the issuer has been removed from thetarget index. Since, in most cases, an issuer isremoved from an index only after the consumma-tion of a merger or acquisition, it is anticipatedthat this trust will generally acquire, in exchangefor the stock of the deleted issuer, the considera-tion that is being offered to shareholders of thatissuer who have not tendered their shares prior tothat time. Any cash received as consideration insuch transactions will be reinvested in the mostunder-represented securities. Any securitiesreceived as consideration which are not includedin the target index will be sold as soon as practica-ble and will also be reinvested in the most under-represented securities. If the target index is nolonger maintained, we may continue operation ofthe NASDAQ Q-50 IndexSM Portfolio using theindex as it existed on the last date it was availableor we may terminate this trust.

The sponsor may also instruct the trustee totake action necessary to ensure that a portfoliocontinues to satisfy the qualifications of a “regu-lated investment company” for tax purposes. Onesuch limitation is that, generally, at the close ofeach quarter of each taxable year, not more than25% of the value of your trust’s assets may beinvested in the securities of a single issuer. At the


NASDAQ Q-50 IndexSM Portfolio’s inception,21.98% of the assets in the trust are invested insecurities of a single issuer. If the portion of theportfolio invested in securities of a single issuerexceeds 25% of your trust, your trust may need todispose of shares or stop purchasing additionalshares of the security which would alter the com-position and diversity of the securities in the port-folio. If this happens, it will also impact thetrust’s ability to match the weightings of the secu-rities in the index.

We will increase the size of your trust as we sellunits. When we create additional units, we willseek to replicate the existing portfolio to the extentpracticable. When your trust buys securities, itmay pay brokerage or other acquisition fees. Youcould experience a dilution of your investmentbecause of these fees and fluctuations in securityprices between the time we create units and thetime your trust buys the securities. When yourtrust buys or sells securities, we may direct that itplace orders with and pay brokerage commissionsto brokers that sell units or are affiliated with us,your trust or the trustee.

Pursuant to an exemptive order, your trustmay be able to purchase securities from othertrusts that we sponsor when we create additionalunits. Your trust may also be able to sell securitiesto other trusts that we sponsor to satisfy unitredemption, pay deferred sales charges or expenses,in connection with periodic tax compliance or inconnection with the termination of your trust.The exemption may enable each trust to eliminatecommission costs on these transactions. The pricefor those securities will be the closing price on thesale date on the exchange where the securities areprincipally traded as certified by us to the trustee.

AAmmeennddiinngg tthhee TTrruusstt AAggrreeeemmeenntt.. The sponsorand the trustee can change the trust agreement

without your consent to correct any provisionthat may be defective or to make other provisionsthat will not materially adversely affect your inter-est (as determined by the sponsor and thetrustee). We cannot change this agreement toreduce your interest in your trust without yourconsent. Investors owning two-thirds of the unitsin your trust may vote to change this agreement.

TTeerrmmiinnaattiioonn ooff YYoouurr TTrruusstt.. Your trust will ter-minate on the termination date set forth under“Essential Information” in the “InvestmentSummary” section of this prospectus for yourtrust. The trustee may terminate your trust earlyif the value of the trust is less than 40% of theoriginal value of the securities in your trust at thetime of deposit. At this size, the expenses of yourtrust may create an undue burden on your invest-ment. Investors owning two-thirds of the units inyour trust may also vote to terminate the trustearly. The trustee will liquidate your trust in theevent that a sufficient number of units not yet soldto the public are tendered for redemption so thatthe net worth of your trust would be reduced toless than 40% of the value of the securities at thetime they were deposited in the trust. If this hap-pens, we will refund any sales charge that you paid.

You will receive your final distribution withina reasonable time following liquidation of all thesecurities after deducting final expenses. Your ter-mination distribution may be less than the priceyou originally paid for your units.

TThhee SSppoonnssoorr.. The sponsor of your trust isAdvisors Asset Management, Inc. We are a broker-dealer specializing in providing trading and supportservices to broker-dealers, registered representatives,investment advisers and other financial profession-als. Our headquarters are located at 18925 BaseCamp Road, Monument, Colorado 80132. Youcan contact our unit investment trust division at


8100 East 22nd Street North, Building 800, Suite102, Wichita, Kansas 67226 or by using the con-tacts listed on the back cover of this prospectus.AAM is a registered broker-dealer and investmentadviser, a member of the Financial IndustryRegulatory Authority, Inc. (FINRA) and SecuritiesInvestor Protection Corporation (SIPC) and a reg-istrant of the Municipal Securities RulemakingBoard (MSRB). If we fail to or cannot performour duties as sponsor or become bankrupt, thetrustee may replace us, continue to operate yourtrust without a sponsor, or terminate your trust.

We and your trust have adopted a code ofethics requiring our employees who have access toinformation on trust transactions to report per-sonal securities transactions. The purpose of thecode is to avoid potential conflicts of interest andto prevent fraud, deception or misconduct withrespect to your trust.

The sponsor or an affiliate may use the list ofsecurities in your trust in its independent capacity(which may include acting as an investmentadviser or broker-dealer) and distribute this infor-mation to various individuals and entities. Thesponsor or an affiliate may recommend or effecttransactions in the securities. This may also havean impact on the price your trust pays for thesecurities and the price received upon unitredemption or trust termination. The sponsormay act as agent or principal in connection withthe purchase and sale of securities, includingthose held by your trust, and may act as a special-ist market maker in the securities. The sponsormay also issue reports and make recommenda-tions on the securities in your trust. The sponsoror an affiliate may have participated in a publicoffering of one or more of the securities in yourtrust. The sponsor, an affiliate or their employeesmay have a long or short position in these securi-ties or related securities. An officer, director or

employee of the sponsor or an affiliate may be anofficer or director for the issuers of the securities.

TThhee TTrruusstteeee.. The Bank of New YorkMellon is the trustee of your trust with its prin-cipal unit investment trust division offices locat-ed at 2 Hanson Place, 12th Floor, Brooklyn,New York 11217. You can contact the trusteeby calling the telephone number on the backcover of this prospectus or by writing to its unitinvestment trust office. We may remove andreplace the trustee in some cases without yourconsent. The trustee may also resign by notify-ing us and investors.

HHooww WWee DDiissttrriibbuuttee UUnniittss.. We sell units tothe public through broker-dealers and otherfirms. These distribution firms each receive partof the sales fee when they sell units. During theinitial offering period, the broker-dealer conces-sion or agency commission for broker-dealers andother firms is 1.25% of the public offering priceper unit at the time of the transaction. The bro-ker-dealer concession or agency commission is65% of the sales fee for secondary market sales.No broker-dealer concession or agency commis-sion is paid to broker-dealers, investment advisersor other selling firms in connection with unitsales in Fee Accounts subject to a Wrap Fee.

Broker-dealers and other firms that sell unitsof certain unit investment trusts for which AAMacts as sponsor are eligible to receive additionalcompensation for volume sales. The sponsoroffers two separate volume concession structuresfor certain trusts that are referred to as “VolumeConcession A” and “Volume Concession B.”The trusts offered in this prospectus are VolumeConcession A trusts. Broker-dealers and otherfirms that sell units of any Volume Concession Atrust are eligible to receive the additional compen-sation described below. Such payments will be in



addition to the regular concessions paid to firmsas set forth in the applicable trust’s prospectus.

The additional concession for sales in a calen-dar month is based on total initial offering periodsales of all Volume Concession A trusts during the12-month period through the end of the precedingcalendar month as set forth in the following table:

Initial Offering Period Sales VolumeIn Preceding 12 Months Concession

$25,000,000 but less than $100,000,000 0.035%$100,000,000 but less than $150,000,000 0.050$150,000,000 but less than $250,000,000 0.075$250,000,000 but less than $1,000,000,000 0.100$1,000,000,000 but less than $5,000,000,000 0.125$5,000,000,000 but less than $7,500,000,000 0.150$7,500,000,000 or more 0.175

We will pay these amounts out of our ownassets within a reasonable time following eachcalendar month.

The volume concessions will be paid on unitsof all Volume Concession A trusts sold in the ini-tial offering period, except as described below.For a trust to be eligible for this additionalVolume Concession A compensation, the trust’sprospectus must include disclosure related to theadditional Volume Concession A compensation; atrust is not eligible for additional VolumeConcession A compensation if the prospectus forsuch trust does not include disclosure related tothe additional Volume Concession A compensa-tion. In addition, dealer firms will not receivevolume concessions on the sale of units which arenot subject to a transactional sales charge.However, such sales will be included in determin-ing whether a firm has met the sales level break-points for volume concessions subject to the poli-cies of the related selling firm. Secondary marketsales of all unit trusts are excluded for purposes ofthese volume concessions.

Any sales fee discount is borne by the broker-dealer or selling firm out of the broker-dealerconcession or agency commission. We reserve theright to change the amount of compensation paidto selling firms from time to time. Some broker-dealers and other selling firms may limit the com-pensation they or their representatives receive inconnection with unit sales. As a result, certainbroker-dealers and other selling firms may waiveor refuse payment of all or a portion of the regu-lar concession or agency commission and/or vol-ume concession described above and instruct thesponsor to retain such amounts rather than pay orallow the amounts to such firm.

We currently may provide, at our ownexpense and out of our own profits, additionalcompensation and benefits to broker-dealers whosell units of your trust and our other products.This compensation is intended to result in addi-tional sales of our products and/or compensatebroker-dealers and financial advisors for past sales.A number of factors are considered in determin-ing whether to pay these additional amounts.Such factors may include, but are not limited to,the level or type of services provided by the inter-mediary, the level or expected level of sales of ourproducts by the intermediary or its agents, theplacing of our products on a preferred or recom-mended product list and access to an intermedi-ary’s personnel. We may make these payments formarketing, promotional or related expenses,including, but not limited to, expenses of enter-taining retail customers and financial advisors,advertising, sponsorship of events or seminars,obtaining information about the breakdown ofunit sales among an intermediary’s representativesor offices, obtaining shelf space in broker-dealerfirms and similar activities designed to promotethe sale of our products. We make such pay-ments to a substantial majority of intermediariesthat sell our products. We may also make certain

payments to, or on behalf of, intermediaries todefray a portion of their costs incurred for thepurpose of facilitating unit sales, such as the costsof developing or purchasing trading systems toprocess unit trades. Payments of such additionalcompensation described in this paragraph and thevolume concessions described above, some ofwhich may be characterized as “revenue sharing,”may create an incentive for financial intermedi-aries and their agents to sell or recommend ourproducts, including your trust, over other prod-ucts. These arrangements will not change theprice you pay for your units.

We generally register units for sale in variousstates in the U.S. We do not register units for salein any foreign country. This prospectus does notconstitute an offer of units in any state or countrywhere units cannot be offered or sold lawfully. Wemay reject any order for units in whole or in part.

We may gain or lose money when we holdunits in the primary or secondary market due tofluctuations in unit prices. The gain or loss isequal to the difference between the price we payfor units and the price at which we sell or redeemthem. We may also gain or lose money when wedeposit securities to create units. The amount ofour profit or loss on the initial deposit of securi-ties into your trust is shown in the “Notes toPortfolio” section for your trust.

TTAAXXEESS——RREEGGUULLAATTEEDD IINNVVEESSTTMMEENNTT CCOOMMPPAANNIIEESS

This section summarizes some of the mainU.S. federal income tax consequences of owningunits of your trust if your trust qualifies as a “reg-ulated investment company” under federal taxlaws. The tax structure of your trust is set forthunder “Essential Information—Tax Structure” inthe “Investment Summary” section for your trustin this prospectus.

This section is current as of the date of thisprospectus. Tax laws and interpretations changefrequently, and these summaries do not describeall of the tax consequences to all taxpayers. Forexample, these summaries generally do notdescribe your situation if you are a corporation, anon-U.S. person, a broker/dealer, or otherinvestor with special circumstances. In addition,this section does not describe your state, local orforeign tax consequences.

This federal income tax summary is based inpart on the advice of counsel to the sponsor. TheInternal Revenue Service could disagree with anyconclusions set forth in this section. In addition,our counsel was not asked to review, and has notreached a conclusion with respect to the federalincome tax treatment of the assets to be depositedin your trust. This may not be sufficient for youto use for the purpose of avoiding penalties underfederal tax law.

As with any investment, you should seekadvice based on your individual circumstancesfrom your own tax advisor.

TTrruusstt SSttaattuuss.. Your trust intends to qualify asa “regulated investment company” under the fed-eral tax laws. If your trust qualifies as a regulatedinvestment company and distributes its income asrequired by the tax law, your trust generally willnot pay federal income taxes. If your trust investsin a partnership, an adverse federal income taxaudit of that partnership could result in the trustbeing required to pay federal income tax or pay adeficiency dividend (without having receivedadditional cash).

DDiissttrriibbuuttiioonnss.. Trust distributions are general-ly taxable. After the end of each year, you willreceive a tax statement that separates your trust’sdistributions into three categories, ordinary


income distributions, capital gain dividends andreturn of capital. Ordinary income distributionsare generally taxed at your ordinary tax rate, how-ever, as further discussed below, certain ordinaryincome distributions received from your trust maybe taxed at the capital gains tax rates. Generally,you will treat all capital gain dividends as long-term capital gains regardless of how long you haveowned your units. To determine your actual taxliability for your capital gain dividends, you mustcalculate your total net capital gain or loss for thetax year after considering all of your other taxabletransactions, as described below. In addition, yourtrust may make distributions that represent areturn of capital for tax purposes and thus willgenerally not be taxable to you. A return of capi-tal, although not initially taxable to you, will resultin a reduction in the basis in your units and subse-quently result in higher levels of taxable capitalgains in the future. In addition, if the non-divi-dend distribution exceeds your basis in your units,you will have long-term or short-term gaindepending upon your holding period. The taxstatus of your distributions from your trust is notaffected by whether you reinvest your distributionsin additional units or receive them in cash. Theincome from your trust that you must take intoaccount for federal income tax purposes is notreduced by amounts used to pay a deferred salesfee, if any. The tax laws may require you to treatdistributions made to you in January as if you hadreceived them on December 31 of the previousyear. Income from your trust may also be subjectto a 3.8 percent “medicare tax.” This tax generallyapplies to your net investment income if youradjusted gross income exceeds certain thresholdamounts, which are $250,000 in the case of mar-ried couples filing joint returns and $200,000 inthe case of single individuals.

DDiivviiddeennddss RReecceeiivveedd DDeedduuccttiioonn.. A corpora-tion that owns units generally will not be enti-

tled to the dividends received deduction withrespect to many dividends received from yourtrust because the dividends received deduction isgenerally not available for distributions fromregulated investment companies. However, cer-tain ordinary income dividends on units that areattributable to qualifying dividends received byyour trust from certain corporations may bereported by the trust as being eligible for thedividends received deduction.

SSaallee oorr RReeddeemmppttiioonn ooff UUnniittss.. If you sell orredeem your units, you will generally recognize ataxable gain or loss. To determine the amount ofthis gain or loss, you must subtract your tax basisin your units from the amount you receive in thetransaction. Your tax basis in your units is gener-ally equal to the cost of your units, generallyincluding sales charges. In some cases, however,you may have to adjust your tax basis after youpurchase your units.

CCaappiittaall GGaaiinnss aanndd LLoosssseess aanndd CCeerrttaaiinnOOrrddiinnaarryy IInnccoommee DDiivviiddeennddss.. If you are an indi-vidual, the maximum marginal stated federal taxrate for net capital gain is generally 20% (15%or 0% for taxpayers with taxable incomes belowcertain thresholds). Some portion of your capi-tal gain dividends may be subject to higher max-imum marginal stated federal income tax rates.Some portion of your capital gain dividends maybe attributable to the trust’s interest in a masterlimited partnership which may be subject to amaximum marginal stated federal income taxrate of 28%, rather than the rates set forthabove. In addition, capital gain received fromassets held for more than one year that is consid-ered “unrecaptured section 1250 gain” (whichmay be the case, for example, with some capitalgains attributable to equity interests in real estateinvestment trusts that constitute interests inentities treated as real estate investment trusts


for federal income tax purposes) is taxed at amaximum stated tax rate of 25%. In the case ofcapital gain dividends, the determination ofwhich portion of the capital gain dividend, ifany, is subject to the 28% tax rate or the 25%tax rate, will be made based on rules prescribedby the United States Treasury. Capital gains mayalso be subject to the “medicare tax” describedabove.

Net capital gain equals net long-term capitalgain minus net short-term capital loss for the tax-able year. Capital gain or loss is long-term if theholding period for the asset is more than one yearand is short-term if the holding period for theasset is one year or less. You must exclude thedate you purchase your units to determine yourholding period. However, if you receive a capitalgain dividend from your trust and sell your unitat a loss after holding it for six months or less, theloss will be recharacterized as long-term capitalloss to the extent of the capital gain dividendreceived. The tax rates for capital gains realizedfrom assets held for one year or less are generallythe same as for ordinary income. The InternalRevenue Code treats certain capital gains as ordi-nary income in special situations.

Ordinary income dividends received by anindividual unitholder from a regulated investmentcompany such as your trust are generally taxed atthe same rates that apply to net capital gain (asdiscussed above), provided certain holding periodrequirements are satisfied and provided the divi-dends are attributable to qualifying dividendsreceived by your trust itself. Distributions withrespect to shares in real estate investment trustsare qualifying dividends only in limited circum-stances. Your trust will provide notice to itsunitholders of the amount of any distributionwhich may be taken into account as a dividendwhich is eligible for the capital gains tax rates.

IInn--KKiinndd DDiissttrriibbuuttiioonnss.. Under certain circum-stances, as described in this prospectus, you mayreceive an in-kind distribution of trust securitieswhen you redeem units or when your trust termi-nates. This distribution will be treated as a salefor federal income tax purposes and you will gen-erally recognize gain or loss, generally based onthe value at that time of the securities and theamount of cash received. The Internal RevenueService could however assert that a loss could notbe currently deducted.

RRoolllloovveerrss aanndd EExxcchhaannggeess.. If you elect to haveyour proceeds from your trust rolled over into afuture trust, the exchange would generally be con-sidered a sale for federal income tax purposes.

TTrreeaattmmeenntt ooff TTrruusstt EExxppeennsseess.. Expensesincurred and deducted by your trust will general-ly not be treated as income taxable to you. Insome cases, however, you may be required totreat your portion of these trust expenses asincome. You may not be able to deduct some orall of these expenses.

FFoorreeiiggnn TTaaxx CCrreeddiitt.. If your trust invests inany foreign securities, the tax statement that youreceive may include an item showing foreign taxesyour trust paid to other countries. In this case,dividends taxed to you will include your share ofthe taxes your trust paid to other countries. Youmay be able to deduct or receive a tax credit foryour share of these taxes.

IInnvveessttmmeennttss iinn CCeerrttaaiinn FFoorreeiiggnn CCoorrppoorraattiioonnss..If your trust holds an equity interest in any “pas-sive foreign investment companies” (“PFICs”),which are generally certain foreign corporationsthat receive at least 75% of their annual grossincome from passive sources (such as interest,dividends, certain rents and royalties or capitalgains) or that hold at least 50% of their assets in


investments producing such passive income, thetrust could be subject to U.S. federal income taxand additional interest charges on gains and cer-tain distributions with respect to those equityinterests, even if all the income or gain is timelydistributed to its unitholders. Your trust willnot be able to pass through to its unitholdersany credit or deduction for such taxes. Yourtrust may be able to make an election that couldameliorate these adverse tax consequences. Inthis case, your trust would recognize as ordinaryincome any increase in the value of such PFICshares, and as ordinary loss any decrease in suchvalue to the extent it did not exceed priorincreases included in income. Under this elec-tion, your trust might be required to recognizein a year income in excess of its distributionsfrom PFICs and its proceeds from dispositionsof PFIC stock during that year, and such incomewould nevertheless be subject to the distributionrequirement and would be taken into accountfor purposes of the 4% excise tax. Dividendspaid by PFICs are not treated as qualified divi-dend income.

FFoorreeiiggnn IInnvveessttoorrss.. If you are a foreigninvestor (i.e., an investor other than a U.S. citi-zen or resident or a U.S. corporation, partner-ship, estate or trust), you should be aware that,generally, subject to applicable tax treaties, distri-butions from your trust will be characterized asdividends for federal income tax purposes (otherthan dividends which your trust properly reportsas capital gain dividends) and will be subject toU.S. income taxes, including withholding taxes,subject to certain exceptions described below.However, distributions received by a foreigninvestor from your trust that are properly report-ed by your trust as capital gain dividends maynot be subject to U.S. federal income taxes,including withholding taxes, provided that yourtrust makes certain elections and certain other

conditions are met. Distributions from yourtrust that are properly reported by the trust as aninterest-related dividend attributable to certaininterest income received by the trust or as ashort-term capital gain dividend attributable tocertain net short-term capital gain incomereceived by the trust may not be subject to U.S.federal income taxes, including withholdingtaxes when received by certain foreign investors,provided that the trust makes certain electionsand certain other conditions are met. In addi-tion, distributions in respect of units may besubject to a U.S. withholding tax of 30% in thecase of distributions to (i) certain non-U.S.financial institutions that have not entered intoan agreement with the U.S. Treasury to collectand disclose certain information and are not res-ident in a jurisdiction that has entered into suchan agreement with the U.S. Treasury and (ii)certain other non-U.S. entities that do not pro-vide certain certifications and information aboutthe entity’s U.S. owners. Dispositions of unitsby such persons may be subject to such with-holding after December 31, 2018. You shouldalso consult your tax advisor with respect toother U.S. tax withholding and reportingrequirements.

EEXXPPEENNSSEESS

Your trust will pay various expenses to con-duct its operations. The “Fees and Expenses”section for each trust in this prospectus shows theestimated amount of these expenses.

The sponsor will receive a fee from your trustfor creating and developing the trust, includingdetermining the trust’s objectives, policies, com-position and size, selecting service providers andinformation services and for providing othersimilar administrative and ministerial functions.This “creation and development fee” is a charge


of $0.05 per unit. The trustee will deduct thisamount from your trust’s assets as of the close ofthe initial offering period. No portion of thisfee is applied to the payment of distributionexpenses or as compensation for sales efforts.This fee will not be deducted from proceedsreceived upon a repurchase, redemption orexchange of units before the close of the initialpublic offering period.

Your trust will pay a fee to the trustee for itsservices. The trustee also benefits when it holdscash for your trust in non-interest bearingaccounts. Your trust will reimburse us as supervi-sor, evaluator and sponsor for providing portfoliosupervisory services, for evaluating your portfolioand for providing bookkeeping and administrativeservices. Our reimbursements may exceed thecosts of the services we provide to your trust butwill not exceed the costs of services provided to allof our unit investment trusts in any calendar year.All of these fees may adjust for inflation withoutyour approval.

Your trust will also pay its general operatingexpenses. Your trust may pay expenses such astrustee expenses (including legal and auditingexpenses), various governmental charges, fees forextraordinary trustee services, costs of takingaction to protect your trust, costs of indemnifyingthe trustee and the sponsor, legal fees and expens-es, expenses incurred in contacting you and anyapplicable license fee for the use of certain servicemarks, trademarks and/or trade names. Yourtrust may pay the costs of updating its registrationstatement each year. The trustee will generallypay trust expenses from distributions received onthe securities but in some cases may sell securitiesto pay trust expenses.

EEXXPPEERRTTSS

LLeeggaall MMaatttteerrss.. Chapman and Cutler LLP actsas counsel for your trust and has given an opinionthat the units are validly issued. Dorsey &Whitney LLP acts as counsel for the trustee.

IInnddeeppeennddeenntt RReeggiisstteerreedd PPuubblliicc AAccccoouunnttiinnggFFiirrmm.. Grant Thornton LLP, independent regis-tered public accounting firm, audited the state-ments of financial condition and the portfoliosincluded in this prospectus.

AADDDDIITTIIOONNAALL IINNFFOORRMMAATTIIOONN

This prospectus does not contain all theinformation in the registration statement thatyour trust filed with the Securities and ExchangeCommission. The Information Supplement,which was filed with the Securities and ExchangeCommission, includes more detailed informationabout the securities in your portfolio, investmentrisks and general information about your trust.You can obtain the Information Supplement bycontacting us or the Securities and ExchangeCommission as indicated on the back cover ofthis prospectus. This prospectus incorporates theInformation Supplement by reference (it is legallyconsidered part of this prospectus).


RREEPPOORRTT OOFF IINNDDEEPPEENNDDEENNTT RREEGGIISSTTEERREEDD PPUUBBLLIICC AACCCCOOUUNNTTIINNGG FFIIRRMM

SSppoonnssoorr aanndd UUnniitthhoollddeerrssAAddvviissoorrss DDiisscciipplliinneedd TTrruusstt 11888822

Opinion on the financial statements

We have audited the accompanying statements of financial condition, including the trust portfolio on pages 4, 5, 9, 10,14, 15, 19, 20, 21, 24, 25, 29, 30, 31, 37, 38, 46, 47, 48, 49, 55, 56, 57, 61, 62, 63 and 64, of Advisors DisciplinedTrust 1882 (the “Trust”) as of July 19, 2018, the initial date of deposit, and the related notes (collectively referred to asthe “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financialposition of the Trust as of July 19, 2018, in conformity with accounting principles generally accepted in the UnitedStates of America.

Basis for opinion

These financial statements are the responsibility of Advisors Asset Management, Inc., the Sponsor. Our responsibility isto express an opinion on the Trust’s financial statements based on our audits. We are a public accounting firm registeredwith the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independentwith respect to the Trust in accordance with the U.S. federal securities laws and the applicable rules and regulations of theSecurities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan andperform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement,whether due to error or fraud. The Trust is not required to have, nor were we engaged to perform, an audit of itsinternal control over financial reporting. As part of our audits we are required to obtain an understanding of internalcontrol over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internalcontrol over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements,whether due to error or fraud, and performing procedures that respond to those risks. Such procedures includedexamining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. Our audits alsoincluded evaluating the accounting principles used and significant estimates made by management, as well as evaluatingthe overall presentation of the financial statements. Our procedures included confirmation of cash or irrevocable letterof credit deposited for the purchase of securities as shown in the statements of financial condition as of July 19, 2018 bycorrespondence with The Bank of New York Mellon, Trustee. We believe that our audits provide a reasonable basis forour opinion.

/s/ GRANT THORNTON LLP

We have served as the auditor of one or more of the unit investment trusts, sponsored by Advisors Asset Management, Inc.and its predecessor since 2003.

Chicago, IllinoisJuly 19, 2018


Advisors Disciplined Trust 1882 BrandAngels Favorites Focus Bulldog

Statements of Financial Condition as of July 19, 2018 Portfolio Portfolio Portfolio

IInnvveessttmmeenntt iinn sseeccuurriittiieessContracts to purchase underlying securities (1)(2) . . . . . . . . . . . . . $ 245,357 $ 184,847 $ 216,425

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 245,357 $ 184,847 $ 216,425

LLiiaabbiilliittiieess aanndd iinntteerreesstt ooff iinnvveessttoorrssLiabilities:

Organization costs (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,202 $ 906 $ 822Deferred sales fee (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,312 2,495 2,922Creation and development fee (4) . . . . . . . . . . . . . . . . . . . . . 1,227 924 1,082

5,741 4,325 4,826Interest of investors:

Cost to investors (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 245,357 184,847 216,425Less: initial sales fee (4)(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . - - -Less: deferred sales fee, creation and development fee

and organization costs (3)(4)(5) . . . . . . . . . . . . . . . . . . . . 5,741 4,325 4,826Net interest of investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 239,616 180,522 211,599Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 245,357 $ 184,847 $ 216,425

Number of units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24,536 18,485 21,643Net asset value per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9.766 $ 9.766 $ 9.777

Advisors Disciplined Trust 1882 Global Dividend Global Inflation SensitiveStrategy Technology Dividend

Statements of Financial Condition as of July 19, 2018 (Continued) Portfolio Portfolio Portfolio

IInnvveessttmmeenntt iinn sseeccuurriittiieessContracts to purchase underlying securities (1)(2) . . . . . . . . . . . . . $ 148,401 $ 260,336 $ 148,351

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 148,401 $ 260,336 $ 148,351


Organization costs (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 564 $ 1,276 $ 727Deferred sales fee (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,003 3,515 2,003Creation and development fee (4) . . . . . . . . . . . . . . . . . . . . . 742 1,302 742

3,309 6,093 3,472Interest of investors:

Cost to investors (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148,401 260,336 148,351Less: initial sales fee (4)(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . - - -Less: deferred sales fee, creation and development fee

and organization costs (3)(4)(5) . . . . . . . . . . . . . . . . . . . . 3,309 6,093 3,472Net interest of investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145,092 254,243 144,879Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 148,401 $ 260,336 $ 148,351

Number of units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,840 26,034 14,835Net asset value per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9.777 $ 9.766 $ 9.766

(Continued)

See Notes to Statements of Financial Condition on page 89.


StrategicAdvisors Disciplined Trust 1882 NASDAQ Q-50 High 50®/Q-50

IndexSM Dividend andStatements of Financial Condition as of July 19, 2018 (Continued) Portfolio Growth Portfolio

IInnvveessttmmeenntt iinn sseeccuurriittiieessContracts to purchase underlying securities (1)(2) . . . . . . . . . . . . . . . . . . . . . . . . . . $ 180,260 $ 147,930

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 180,260 $ 147,930


Organization costs (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 883 $ 725Deferred sales fee (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,434 1,997Creation and development fee (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 901 740

4,218 3,462Interest of investors:

Cost to investors (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 180,260 147,930Less: initial sales fee (4)(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - -Less: deferred sales fee, creation and development fee

and organization costs (3)(4)(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,218 3,462Net interest of investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 176,042 144,468Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 180,260 $ 147,930

Number of units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,026 14,793Net asset value per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9.766 $ 9.766

Advisors Disciplined Trust 1882 Todd International TransformersIntrinsic Value Strategy

Statements of Financial Condition as of July 19, 2018 (Continued) Portfolio Portfolio

IInnvveessttmmeenntt iinn sseeccuurriittiieessContracts to purchase underlying securities (1)(2) . . . . . . . . . . . . . . . . . . . . . . . . . . $ 148,303 $ 255,192

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 148,303 $ 255,192


Organization costs (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 727 $ 1,250Deferred sales fee (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,002 3,445Creation and development fee (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 742 1,276

3,471 5,971Interest of investors:

Cost to investors (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148,303 255,192Less: initial sales fee (4)(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - -Less: deferred sales fee, creation and development fee

and organization costs (3)(4)(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,471 5,971Net interest of investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144,832 249,221Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 148,303 $ 255,192

Number of units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,830 25,519Net asset value per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9.766 $ 9.766

See Notes to Statements of Financial Condition on page 89.


NNootteess ttoo SSttaatteemmeennttss ooff FFiinnaanncciiaall CCoonnddiittiioonn

(1) Aggregate cost of the securities is based on the closing sale price evaluations as determined by the evaluator.

(2) Cash or an irrevocable letter of credit has been deposited with the trustee covering the funds necessary for the purchase of securi-ties in the each trust represented by purchase contracts.

(3) A portion of the public offering price represents an amount sufficient to pay for all or a portion of the costs incurred inestablishing the trusts. These costs have been estimated at $0.049 per unit for the Angels Portfolio, Brand Favorites FocusPortfolio, Global Technology Portfolio, Inflation Sensitive Dividend Portfolio, NASDAQ Q-50 IndexSM Portfolio, StrategicHigh 50®/Q-50 Dividend and Growth Portfolio, Todd International Intrinsic Value Portfolio and Transformers StrategyPortfolio and $0.038 per unit for the Bulldog Portfolio and Global Dividend Strategy Portfolio. A distribution will be madeas of the earlier of the close of the initial offering period or six months following the trust’s inception date to an account main-tained by the trustee from which this obligation of the investors will be satisfied. To the extent the actual organization costs aregreater than the estimated amount, only the estimated organization costs added to the public offering price will be reimbursed tothe sponsor and deducted from the assets of the trust.

(4) The total sales fee consists of an initial sales fee, a deferred sales fee and a creation and development fee. The initial sales fee isequal to the difference between the maximum sales fee and the sum of the remaining deferred sales fee and the total creation anddevelopment fee. The maximum sales fee is 1.85% of the public offering price per unit. The deferred sales fee is equal to $0.135per unit and the creation and development fee is equal to $0.05 per unit.

(5) The aggregate cost to investors includes the applicable sales fee assuming no reduction of sales fees.


ContentsInvestment Summary

A concise description 2 Angels Portfolioof essential informationabout the portfolio

6 Brand Favorites Focus Portfolio

11 Bulldog Portfolio

16 Global Dividend StrategyPortfolio

22 Global Technology Portfolio

26 Inflation Sensitive DividendPortfolio

32 NASDAQ Q-50 IndexSM Portfolio

40 Strategic High 50®/Q-50Dividend and Growth Portfolio

52 Todd International Intrinsic Value Portfolio

58 Transformers Strategy Portfolio

Understanding Your Investment

Detailed information to 65 How to Buy Unitshelp you understand 68 How to Sell Your Unitsyour investment 70 Distributions

71 Investment Risks76 How the Trust Works81 Taxes—Regulated Investment

Companies84 Expenses85 Experts85 Additional Information86 Report of Independent Registered

Public Accounting Firm87 Statements of Financial Condition

Where to Learn More

You can contact us for Visit us on the Internetfree information about http://www.AAMlive.comthis and other investments, Call Advisors Assetincluding the Information Management, Inc.Supplement (877) 858-1773

Call The Bank of New York Mellon(800) 848-6468

Additional Information

This prospectus does not contain all information filed with theSecurities and Exchange Commission. To obtain or copy thisinformation including the Information Supplement (a duplicationfee may be required):

E-mail: [email protected]: Public Reference Section

Washington, D.C. 20549Visit: http://www.sec.gov

(EDGAR Database)Call: 1-202-551-8090

(only for information on the operation of thePublic Reference Section)

Refer to:Advisors Disciplined Trust 1882Securities Act file number: 333-223974Investment Company Act file number: 811-21056

ANGELS PORTFOLIO,SERIES 2018-3Q

BRAND FAVORITES FOCUS

PORTFOLIO, SERIES 2018-3Q

BULLDOG PORTFOLIO,SERIES 2018-3Q - A CYRUS J.

LAWRENCE LLC (“CJL”) PORTFOLIO

GLOBAL DIVIDEND STRATEGY

PORTFOLIO, SERIES 2018-3Q -A HARTFORD INVESTMENT MANAGEMENT

COMPANY (“HIMCO”) PORTFOLIO

INFLATION SENSITIVE DIVIDEND PORTFOLIO,SERIES 2018-3Q -

A HARTFORD INVESTMENT MANAGEMENT

COMPANY (“HIMCO”) PORTFOLIO

GLOBAL TECHNOLOGY


NASDAQ Q-50 INDEXSM


STRATEGIC HIGH 50®/Q-50DIVIDEND AND GROWTH PORTFOLIO,

SERIES 2018-3Q

TODD INTERNATIONAL INTRINSIC

VALUE PORTFOLIO, SERIES 2018-3Q

TRANSFORMERS STRATEGY PORTFOLIO,SERIES 2018-3Q

PROSPECTUS

JULY 19, 2018

angels portfolio, series 2018-3q...93 wba walgreens boots alliance, inc. 2.51 66.16 6,153 energy -...

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