FT 3473 offers Municipal Income Opportunities Closed-End units

By Tali David

Minneapolis, March 13 - FT 3473 is offering units of its Municipal Income Opportunities Closed-End Portfolio, Series 9, according to an S-6 filing with the Securities and Exchange Commission.

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

The trust seeks federally tax-exempt monthly income by investing in a diversified portfolio of common stocks issued by closed-end investment companies, the portfolios of which are concentrated in tax-exempt municipal bonds.

On March 13, the initial date of deposit, $177,435 of contracts to purchase securities comprised the trust. The 17,923 units have an initial offering price of $10 and a net asset value of $9.674 each. The estimated net annual distribution per unit is $0.5362 for the first year.

The units will 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 sales charge may be reduced on a sliding scale to 1.4% depending on the amount of the investment.

The trust has a mandatory termination date of June 13, 2013.

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