FT 3326 offers Senior Loan and Limited Duration Plus Portfolio units

By Toni Weeks

San Diego, Dec. 21 - FT 3326 is offering units of its Senior Loan and Limited Duration Plus Closed-End Portfolio, Series 49, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Wheaton, Ill.-based First Trust Portfolios LP.

The trust seeks high current income by investing in a diversified portfolio of common stocks of closed-end companies that invest in senior corporate loans and limited-duration, fixed-income securities.

On the initial date of deposit, Dec. 21, the trust consists of $172,206 in contracts to purchase securities. The 17,221 units each have a public offering price of $10 and net asset value of $9.576. The estimated net annual distribution per unit for the first year is $0.7343.

The units each carry a maximum sales charge of up to 4.5%, consisting of a 0.5% creation and development fee and a deferred sales charge that will vary based on the public offering price. During the initial offering period, when units are priced at $10 each, the maximum sales charge will be 3.95%.

If investors pay more than $10 per unit, the maximum sales charge will be less than 3.95%. Units priced less than $10 each will carry a sales charge that exceeds 3.95%, with a cap of 4.5%. The fee may be reduced on a sliding scale to 2.45% depending on the amount of investment.

The trust has a mandatory termination date of March 17, 2014.

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