FT 3413 registers Corporate High Income Portfolio units

By Toni Weeks

San Diego, Jan. 30 - FT 3413 has registered units of its Corporate High Income Portfolio, Series 3, 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 to distribute high current monthly income and to preserve capital by investing in a portfolio of interest-bearing corporate debt obligations.

The units will have a maximum sales charge of 2.95%, with sales charge reductions available for investments of at least $100,000.

The trust is planning an initial date of deposit in February.

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