Van Kampen Taxable 380 registers Global Bond Income Trust units

By Tali David

Minneapolis, Feb. 6 - Van Kampen Unit Trusts, Taxable Income Series 380 has registered units of its Global Bond Income Trust, Series 2, according to an S-6 filed with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The trust will seek to provide a high level of current income and to preserve capital by investing in a portfolio primarily consisting of foreign corporate and sovereign bonds with maturities about five years or less from the date of deposit.

Each unit will have a sales charge of 3.5%, which may be reduced depending on the amount of investment.

No other information was included in the filing.

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