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Van Kampen's Taxable Income Series 359 registers units
By Toni Weeks
San Diego, Dec. 9 - Van Kampen Unit Trusts, Taxable Income Series 359 has completed the initial registration of its Investment Grade Income Trust, 7+ Year Series 13, according to an S-6 amendment filed with the Securities and Exchange Commission.
The depositor is Houston-based Van Kampen Funds Inc.
The trust seeks a high level of current income and capital preservation by investing in a portfolio of intermediate-term corporate bonds and taxable municipal bonds. The bonds may include Build America Bonds, Qualified School Construction Bonds, Qualified Energy Conservation Bonds and Clean Renewable Energy Bonds.
The units will carry a sales charge of 3%.
No other information was included in the filing.
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