E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/11/2012 in the Prospect News Fund Daily.

FT 3368 registers units of its Dividend Opportunity Trust, Series 2

By Tali David

Minneapolis, Jan. 11 - FT 3368 has registered units of its Dividend Opportunity Trust, Series 2 - Feb 2012, according to an S-6 filing with the Securities and Exchange Commission.

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

The trust, which consists of a diversified portfolio of common stocks, will seek dividend income and capital appreciation.

The units will have a public offering price of $10 and a net asset value of $9.676 each. They will 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's inception date will be in February, and its mandatory termination date will be May 29, 2013.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.