FT 3311 registers Diversified Fixed-Income ETF Portfolio units

By Tali David

Minneapolis, Jan. 10 - FT 3311 has registered units of its Diversified Fixed-Income ETF Portfolio, Series 8, according to an S-6 amendment filed with the Securities and Exchange Commission.

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

The portfolio seeks a high rate of monthly current income by investing in a diversified portfolio of common stocks issued by fixed-income exchange-traded funds.

On Jan. 13, the trust's inception date, $176,325 of contracts to purchase securities comprised the trust. The 17,811 units have an initial offering price of $10 and a net asset value of $9.676 each.

The units each carry a maximum sales charge of 2.95%, consisting of a 1% initial sales charge, a 1.45% deferred sales charge and a 0.5% creation and development fee. The fee may be reduced on a sliding scale to 1.4% depending on the amount of investment.

The trust has mandatory termination date of April 10, 2013.

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