Van Kampen's Taxable Income Series 359 registers units

By Toni Weeks

San Diego, Dec. 9 - Van Kampen Unit Trusts, Taxable Income Series 359 has completed the initial registration of its Investment Grade Income Trust, 7+ Year Series 13, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The trust seeks a high level of current income and capital preservation by investing in a portfolio of intermediate-term corporate bonds and taxable municipal bonds. The bonds may include Build America Bonds, Qualified School Construction Bonds, Qualified Energy Conservation Bonds and Clean Renewable Energy Bonds.

The units will carry a sales charge of 3%.

No other information was included in the filing.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.