Van Kampen Series 1181 offers Central Equity, Diversified Income units

By Tali David

Minneapolis, Jan. 17 - Van Kampen Unit Trusts, Series 1181 is offering units of its Central Equity Trust, Diversified Income Series 42, according to an S-6 amendment with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The trust seeks capital appreciation and dividend income by investing in a portfolio of shares of common stocks of consumer cyclical companies, consumer staples companies, energy companies, financial services companies, health care companies, industrials companies, real estate investment trusts, technology companies, telecommunications companies and utilities.

On Jan. 17, the initial date of deposit, $145,095 of contracts to purchase securities comprised the trust. The 15,036 units have an initial offering price of $10 and a net asset value of $9.603 each. The estimated net annual income is $0.27054 per unit.

The trust has a maximum sales charge of 3.5%. The fee may be reduced on a sliding scale up to 1.4% depending on the amount of the investment.

The trust has a mandatory termination date of Jan. 19, 2016.

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