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Published on 10/28/2011 in the Prospect News Fund Daily.

FT 3266 registers units, seeks federal tax-exempt monthly income

By Toni Weeks

San Diego, Oct. 28 - FT 3266 has registered units of its series 9 Municipal Advantage Closed-End and ETF Portfolio, 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 monthly income that is exempt from federal income taxes by investing in a diversified portfolio of common stocks of closed-end investment companies and common stocks issued by exchange-traded funds.

The $10 units have an official date of deposit of November 2011. Each unit has a maximum sales charge of 3.95%, consisting of an initial sales charge of $0.1, a deferred sales charge of $0.245 and a creation and development fee of $0.05. The total net asset value is $9.576 per unit.

The trust will have a mandatory termination date of Dec. 2, 2013.


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