Van Kampen Series 1178 offers S&P Dividend Growth Opportunities units

By Tali David

Minneapolis, Jan. 10 - Van Kampen Unit Trusts, Series 1178 is offering units of its S&P Dividend Growth Opportunities Trust, Series 27, according to an S-6 amendment with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The portfolio seeks dividend growth combined with capital appreciation by investing in a portfolio of the stocks included in the Standard & Poor's 500 Dividend Aristocrats Index.

On Jan. 10, the initial date of deposit, $144,595 of contracts to purchase securities comprised the trust. The 15,031 units have an initial offering price of $10 and a net asset value of $9.580 each. The estimated net annual income is $0.23060 per unit.

The trust has a maximum sales charge of 3.8%. The fee may be reduced on a sliding scale to 1.6% depending on the amount of the investment.

The trust has a mandatory termination date of April 11, 2017.

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