FT 3336 offers Municipal Advantage Closed-End and ETF Portfolio units

By Tali David

Minneapolis, Jan. 24 - FT 3336 is offering units of its Municipal Advantage Closed-End and ETF Portfolio, Series 10, 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 monthly income that is exempt from federal income taxes by investing in a well-diversified pool of closed-end funds and exchange-traded funds that invest in tax-exempt municipal bonds.

On Jan. 24, the initial date of deposit, $169,585 of contracts to purchase securities comprised the trust. The 17,130 units have an initial offering price of $10 and a net asset value of $9.576 each.

Each unit will carry a maximum sales charge of 3.95%, consisting of an initial sales charge of 1%, a deferred sales charge of 2.45% and a creation and development fee of 0.5%. The maximum fee for unit purchasers of $50,000 or more is 3.7% and decreases on a sliding scale to 2.45% for investments of $1 million or more.

The trust has a mandatory termination date of Jan. 27, 2014.

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