FT 3286 offers REIT Growth and Income Plus Portfolio units

By Toni Weeks

San Diego, Dec. 14 - FT 3286 has registered units of its REIT Growth and Income Plus 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 dividend income and capital appreciation by investing in a diversified portfolio of common stocks of real estate investment trusts.

On the initial date of deposit, Dec. 14, the trust consists of $153,963 of contracts to purchase securities. The 15,396 units each have a public offering price of $10 and net asset value of $9.576. The estimated net annual distribution per unit for the first year is $0.445.

The units each carry a maximum sales charge of 3.95%, consisting of a 3.45% deferred sales charge and a 0.5% creation and development fee. The fee may be reduced on a sliding scale to 2.45% depending on the amount of investment.

The trust has a mandatory termination date of Dec. 16, 2013.

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