EQUITY - SECTOR/INDUSTRY FOCUS

Series 2016-3, ADT 1741

Aerospace/Defense Opportunities Portfolio // Portfolio Selected by: Peroni Portfolio Advisors, Inc.

Investment Objective & Strategy

The Aerospace/Defense Opportunities Portfolio is a unit investment trust that invests in a portfolio of

common stocks of companies involved in various aspects of the aerospace and defense industry.

The securities are selected by Eugene E. Peroni Jr. of Peroni Portfolio Advisors, Inc., the Portfolio

Consultant, through the application of his proprietary method of technical analysis, the Peroni

MethodTM, with consideration of equity investment opportunities within this investment theme.

CUSIP (Cash/Reinvest)

Fee-Based CUSIP (Cash/Reinvest) Ticker Symbol

Ticketing Information

00776F660 / 678 00776F686 / 694

ASDAFX

Unit price at inception (per unit) Initial redemption price (per unit) Initial date of deposit Portfolio ending date Distribution frequency Est. net annual dist per unit (1st year)*

Est. net annual dist per unit (2nd year)*

Essential Information+

$10.000 $9.6550

11/22/2016 11/5/2018

Semi-Annual $0.0769 $0.0759

+As of 11/21/2016 and may vary thereafter. *The estimate is generally based on the estimate of dividends the trust will receive by annualizing the most recent dividend declared. The per unit estimate will vary with changes in fees and expenses, actual dividends received and with the sales of securities. The distributions are expected to decrease in the subsequent year as a result of organizational costs, creation and development fee, and deferred sales charges. There is no guarantee that the issuers of the securities included in the trust will declare distributions in the future or that, if declared, will remain at current levels or increase over time.

Sales Charges (Based on $10 unit price)++

Standard Accounts As a % of $1,000

invested Amount per

100 units

Initial sales fee Deferred sales fee Creation & Development fee Maximum sales fee

1.00% 2.45% 0.50% 3.95%

$10.00 $24.50

$5.00 $39.50

++The deferred sales fee is fixed at $0.245 per unit and is paid in three monthly installments beginning March 20, 2017. The creation & development fee is fixed at $0.05 per unit and is paid at the end of the initial offering period (anticipated to be three months). The initial and deferred sales fees may not apply to fee-based accounts. See the prospectus for more details about fee-based account eligibility requirements.

Fee-Based Accounts As a % of Fee-Based Public Offering Price

Amount per 100 units

Maximum sales fee 0.52% $5.00

Sales Charge Volume Discounts+++

Less than $50,000 $50,000 - $99,999 $100,000 - $249,999 $250,000 - $499,999 $500,000 - $999,999 $1,000,000 or more

3.95% 3.70% 3.45% 3.10% 2.95% 2.45%

+++Sales charges are applied as a percentage of the public offering price per unit. These discounts are only available during the initial offering period. The breakpoints will be adjusted to take into consideration purchase orders stated in dollars which cannot be completely fulfilled due to the requirements that only whole units be issued. See the prospectus for details about sales charge discounts including all available discounts.

If you purchase: You will pay:

Morningstar Equity Style Box TM

Advisors Asset Management, Inc. (AAM) is a SEC registered investment advisor and member FINRA/SIPC.

Page 1 of 4

Why Now?

Geopolitical events continue to make headlines across the globe putting increasing focus on home-

land security. According to U.S. Military Budget figures, in the United States alone military spending

is currently greater than Medicare and the three largest departments combined: Health and Human

Services, Education, and Housing and Urban Development. The Aerospace/Defense Opportunities

Portfolio strives to take advantage of the longer-term leadership of this industry which may continue

to benefit from the heightened tensions surrounding the concerns of global terrorism and military

build-ups both in the U.S. and abroad.

Aerospace/Defense Opportunities Portfolio Series 2016-3, ADT 1741

Intelligent Investments. Independent Ideas.

Page 2 of 4

Ticker Symbol

Issue Name

Market Value Per Share*

Industrials (88.23%)

AIR AAR Corp $38.05

B Barnes Group Inc 45.62

BA Boeing Co/The 147.02

CIR CIRCOR International Inc 61.35

CUB Cubic Corp 44.20

CW Curtiss-Wright Corp 100.32

ESLT Elbit Systems Ltd 104.69

ESL Esterline Technologies Corp 84.85

GD General Dynamics Corp 168.43

GE General Electric Co 30.87

HEI HEICO Corp 75.79

HXL Hexcel Corp 49.24

HON Honeywell International Inc 112.21

HII Huntington Ingalls Industries Inc 176.20

KAMN Kaman Corp 48.89

KLXI KLX Inc 39.37

LLL L-3 Communications Holdings Inc 152.11

LMT Lockheed Martin Corp 263.42

MOG/A Moog Inc 69.90

NOC Northrop Grumman Corp 246.29

OA Orbital ATK Inc 85.73

RTN Raytheon Co 146.10

COL Rockwell Collins Inc 88.24

SPR Spirit AeroSystems Holdings Inc 55.91

TDY Teledyne Technologies Inc 121.71

TXT Textron Inc 44.56

TDG TransDigm Group Inc 251.38

TGI Triumph Group Inc 27.30

UTX United Technologies Corp 106.85

WWD Woodward Inc 67.70

Information Technology (8.85%)

CSC Computer Sciences Corp 61.77

FLIR FLIR Systems Inc 35.45

HRS Harris Corp 103.90

Materials (2.92%)

BLL Ball Corporation 76.10

% of Portfolio

Industrials 88.23%

Capital Goods 88.23%

Information Technology 8.85%

Software & Services 2.95%

Technology/Hardware 5.90%

Materials 2.92%

Materials 2.92%

Sector/Industry Group Breakdown*

Source: Global Industrial Classification Standard (GICS)

Source: Morningstar *As of 11/21/2016 and may vary thereafter. Breakdowns are based on the sources shown and may differ from any category definitions used in selecting the trust portfolio.

Holdings Style Summary *

Portfolio Holdings (as of date of deposit)

% of Portfolio

Large-Cap Value 8.91%

Large-Cap Blend 14.79%

Mid-Cap Growth 14.66%

Mid-Cap Value 14.71%

Mid-Cap Blend 14.71%

Small-Cap Growth 2.93%

Small-Cap Value 11.64%

Small-Cap Blend 14.71%

N/A 2.94%

Aerospace/Defense Opportunities Portfolio Series 2016-3, ADT 1741

Intelligent Investments. Independent Ideas.

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The United States is expected to remain the world's top exporter of military weapons and technology in 2016, controlling more than one-third of military

spending for defense technology sent to outside nations, according to analysts at market researcher IHS Inc. in Englewood, Colorado. The global defense

trade market is small compared with internal defense spending among the world's most developed nations. The U.S. Congress, for example, is formulating a

fiscal 2017 Pentagon budget that may exceed $600 billion. 1

The importance of the aerospace and defense industry stems from the strategic role it plays in our country’s security. As threats turn into ever new shapes,

the defense capabilities of a country need to morph accordingly to contain them. A politically unstable world has led to various nations stepping up their

defense capabilities. The direct beneficiaries of a volatile geo-economy are undoubtedly the aerospace and defense players. Countries allied to U.S. policy

are spending substantially on sophisticated artillery to wage the war on terror and sectarian forces. Moreover, the aerospace and defense industry has gained

from fleet renewals at airlines worldwide. Demand for more fuel-efficient aircraft, a growing international market and increasing application of unmanned

aircraft in warfare today have driven up sales in this sector. On top of this, the latest budget agreement is a net positive for defense players. 2

1 Military & Aerospace, U.S. leads global expert military spending for defense technology, followed by Russia and France, June 15, 2016

2 Zacks, Aerospace & Defense Stock Outlook-August 2016, August 4, 2016

Key Points to Consider

The Peroni MethodTM

The Peroni MethodTM is a proprietary form of technical analysis used by Eugene E. Peroni, Jr. of Peroni Portfolio Advisors, Inc. which uses a bottom-up approach in

selecting stocks for certain AAM sector unit investment trusts. The foundation of this methodology is the basic understanding that every stock has its own

“fingerprint” in the market place. Mr. Peroni tracks hundreds of stocks on a daily basis, identifying leading stocks and sectors in the market by analyzing price

movements, money flow trends, and relative strength characteristics. His studies include the examination of a stock’s price architecture using hand-drawn point and

figure charts which have been part of the methodology for over half a century.

This hands-on research approach may be an attractive investment alternative to traditional fundamental analysis in that it considers a stock’s individual technical

merits along with economic, monetary and geopolitical factors. The Peroni MethodTM may uncover emerging trends that could correspond to future stock

performance. It has endured volatile markets while providing investors with uncommon insights and unique investment opportunities.

Aerospace/Defense Opportunities Portfolio Series 2016-3, ADT 1741

Unit Investment Trusts (UITs) are sold only by prospectus. You should consider the trust’s investment objectives, risks, charges and expenses carefully before investing. Contact your financial professional or visit Advisors Asset Management online at www.aamlive.com/uit to obtain a prospectus, which contains this and other information about the trust. Read it carefully before you invest. Risks and Considerations: Unit values will fluctuate with the portfolio of underlying securities and may be worth more or less than the original purchase price at the time of redemption. There is no guarantee that the objective of the portfolio will be achieved. Additionally, the trust may terminate earlier than the specific termination date as stated in the prospectus. Consult your tax advisor for possible tax consequences associated with this investment. An investment in this unmanaged unit investment trust should be made with an understanding of the risks associated therewith that includes, but is not limited to:

Aerospace and Defense Industry and Industrials Concentration: The trust is considered to be concentrated in securities issued by industrials companies and companies in the aerospace and defense industry. Negative developments impacting companies in these sectors will affect the value of your investment more than would be the case in a more diversified investment. Common Stock: An investment in common stocks should be made with an understanding of the various risks of owning common stock, such as an economic recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market. Dividend Payment Risk: Dividends are not guaranteed and a company’s future abilities to pay dividends may be limited. Moreover, it should be clear that a company currently paying dividends may cease paying dividends at any time. Foreign Securities: Securities of foreign issuers present risks beyond those of U.S. issuers. These risks may include market and political factors related to the issuer’s foreign market, international trade conditions, less regulation, smaller or less liquid markets, increased volatility, differing accounting practices and changes in the value of foreign currencies. Long-Term Strategy: The UIT matures in 2 years and, as such, investors should consider their ability to reinvest any proceeds in a subsequent UIT, if available, with a like or differing strategy, at the applicable sales charge. Peroni MethodTM: The Peroni MethodTM may not identify stocks that will satisfy the trust’s investment objective. Small & Mid-Size Companies: The trust is considered to be concentrated in securities issued by small and mid-size companies. These stocks are often more volatile and have lower trading volumes than stocks of larger companies. Small and mid-size companies may have limited products or financial resources, management inexperience and less publicly available information. The Morningstar Equity Style Box™: This table provides a graphical representation of the investment style of a trust based on holdings as of the date of deposit which may vary thereafter. The Morningstar Equity Style Box™ placement is based on the Morningstar market capitalization classification (determined relative to other stocks in the same geographic area) of the stocks in the trust's portfolio (vertical axis), and by comparing the growth and value characteristics of the stocks in the trust's portfolio with growth and value factors developed by Morningstar (horizontal axis). Value, blend and growth are types of investment styles. Growth investing generally seeks stocks that offer the potential for greater-than-average earnings growth, and may entail greater risk than value or blend investing. Value investing generally seeks stocks that may be sound investments but are temporarily out of favor in the marketplace, and may entail less risk than growth investing. A blended investment combines the two styles. ©2016 Morningstar, Inc. All Rights Reserved. The information contained herein relating to the Morningstar Equity Style Box™: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Securities offered through your financial professional. Not FDIC Insured. Not Bank Guaranteed. May Lose Value. For informational purposes only and not a recommendation to purchase or sell any security.

18925 Base Camp Road Monument, CO 80132 www.aamlive.com ©2016 Advisors Asset Management, Inc. Advisors Asset Management, Inc. (AAM) is a SEC registered investment advisor and member FINRA/SIPC. CRN: 2016-1122-5653 R

Intelligent Investments. Independent Ideas.

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Follow AAM Live:

Gene Peroni - In The Media

Gene regularly appears on CNBC, CBS MarketWatch, Fox Business Network, PBS Nightly Business Report

and Bloomberg Radio. He has been quoted in publications such as The Wall Street Journal, The New York

Times, U.S. News and World Report, Investors Business Daily and Forbes. In addition, Gene produces a daily

stock market commentary available in a concise, easily accessible podcast.