Van Kampen Series 1208 offers S&P Dividend Growth Opportunities units

By Tali David

Minneapolis, April 10 - Van Kampen Unit Trusts, Series 1208 is offering units of its S&P Dividend Growth Opportunities Trust, Series 28, according to an S-6 amendment filed 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 S&P 500 Dividend Aristocrats Index as of the close of business of the NYSE on March 29.

On the initial date of deposit, April 10, $144,397 in contracts to purchase securities comprises the trust. The 15,011 units each have a public offering price of $10 and a net asset value of $9.585. The estimated net annual income is $0.22887 per unit.

Each unit will have a maximum sales charge of 3.8%. The fee may be reduced on a sliding scale to 1.6% depending on the amount of investment.

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

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