FT 3336 registers Municipal Advantage Closed-End and ETF units

By Toni Weeks

San Diego, Dec. 23 - FT 3336 has registered units of its Municipal Advantage Closed-End and ETF Portfolio, Series 10, according to an S-6 filing with the Securities and Exchange Commission.

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

The trust will seek monthly income that is exempt from federal income taxes and will invest in a diversified portfolio of closed-end funds and exchange-traded funds that invest in municipal bonds. The portfolio has not yet been determined.

The units will have a public offering price of $10 and a net asset value of $9.576 each. A maximum sales charge of up to 3.95%, consisting of a 1% initial sales charge, a 2.45% deferred sales charge and a 0.5% creation and development fee, will apply. A sales charge discount is available for investments of at least $50,000, with the minimum sales charge set at 2.45% for investments of at least $1 million.

The initial date of deposit is planned for January. The trust will have a mandatory termination date of Jan. 27, 2014.

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