Van Kampen's Municipal Series 1036 registers units

By Toni Weeks

San Diego, Dec. 1 - Van Kampen Unit Trusts, Municipal Series 1036 has registered units of its Investors' Quality Tax-Exempt Trust, Series 153, 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 federal tax-exempt income and the preservation of capital by investing in a portfolio of tax-exempt municipal bonds.

On Dec. 1, the initial date of deposit, $10,727,427 of contracts to purchase bonds comprised the trust, of which $10.58 million represents the principal amount of bonds in the trust. Each of the 11,385 units has a public offering price of $994.94 and a net asset value of $942.24.

The estimated current return is 4.52% per month, and the estimated long-term return is 4.34% per month. The estimated annual net interest income is $44.93.

Each unit will have a sales charge of 4.9%, which may be reduced depending on the amount of investment.

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