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Van Kampen Series 1166 invests in companies with attractive dividends
By Toni Weeks
San Diego, Nov. 29 - Van Kampen Unit Trusts, Series 1166 has registered units of its Global High Dividend Portfolio 2011-4, according to an S-6 amendment filed with the Securities and Exchange Commission.
The depositor is Houston-based Van Kampen Funds Inc.
The portfolio seeks above-average total return by investing in a portfolio of domestic stocks and American Depositary Receipts of companies that have the potential to pay attractive dividends.
As of the initial date of deposit, Nov. 23, $148,568 in contracts to purchase securities comprises the fund. The X units each have a public offering price of $10 and a net asset value of $9.655. The estimated net annual income is $0.44536 per unit.
Each unit will have 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 to 1.2% depending on the amount of investment.
The trust has a mandatory termination date of Feb. 22, 2013.
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