Van Kampen Series 1200 offers Defensive Equity and Income units

By Tali David

Minneapolis, March 9 - Van Kampen Unit Trusts, Series 1200 is offering units of its Defensive Equity and Income Portfolio, Series 3, according to an S-6 amendment with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The portfolio seeks to provide current income and the potential for capital appreciation by investing in closed-end investment companies and common stocks, all from income-oriented asset classes and sectors believed to be relatively less volatile than the broader equity markets.

On the initial date of deposit, March 9, $148,901 in contracts to purchase securities comprises the trust. The 15,041 units each have a public offering price of $10 and a net asset value of $9.671. The estimated net annual income is $0.5023 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 fee may be reduced on a sliding scale to 1.2% depending on the amount of investment.

The trust has a mandatory termination date of June 10, 2013.

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