FT 3443 offers Dividend & Income Plus Closed-End Portfolio units

By Toni Weeks

San Diego, March 23 - FT 3443 is offering units of its Dividend & Income Plus Closed-End Portfolio, Series 34, 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 above-average total return through a combination of capital appreciation and dividend income by investing in a diversified portfolio of common stocks issued by closed-end funds.

On March 23, the initial date of deposit, $177,737 of contracts to purchase securities comprised the trust. The 17,774 units have an initial offering price of $10 and a net asset value of $9.574 each. The estimated net annual distribution per unit is $0.8173 for the first year and $0.8036 for subsequent years.

The units will each carry a maximum sales charge of up to 4.5%, consisting of a 0.5% creation and development fee and a deferred sales charge of up to 4% that will vary based on the public offering price. 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 March 24, 2014.

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