Van Kampen Municipal 1057 registers Investment Grade, Series 32 units

By Tali David

Minneapolis, March 29 - Van Kampen Unit Trusts, Municipal Series 1057 registered units of its Investment Grade Municipal Trust, Intermediate Series 32, 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 federal tax-exempt income and to preserve capital by investing in a portfolio of tax-exempt municipal bonds.

Each unit will have a sales charge of 3%, which may be reduced depending on the amount of investment.

© 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.