Van Kampen series 1162 registers units, consists of five portfolios

By Toni Weeks

San Diego, Nov. 8 - Van Kampen Unit Trusts, series 1162 has registered units of its five portfolios, according to an S-6 filing with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The REIT Income Portfolio 2011-4 seeks high current income by investing in a portfolio of dividend-paying real estate investment trusts. As of the Nov. 8 initial date of deposit, $150,240 of contracts to purchase securities comprise the portfolio. The 15,176 units will be priced at $10 and have a net asset value of $9.555. The estimated net annual income for the first year is $0.26895.

The Diversified Healthcare Portfolio, series 57 seeks capital appreciation by investing in a portfolio of stocks of companies diversified within the health care industry. As of the Nov. 8 initial date of deposit, $150,688 of contracts to purchase securities comprise the portfolio. The 15,221 units will be priced at $10 and have a net asset value of $9.555. The estimated net annual income for the first year is $0.14201.

The Energy Portfolio, Series 40 seeks capital appreciation and dividend income by investing in stocks of energy companies. . As of the Nov. 8 initial date of deposit, $150,180 of contracts to purchase securities comprise the portfolio. The 15,170 units will be priced at $10 and have a net asset value of $9.562. The estimated net annual income for the first year is $0.16432.

The Financial Institutions Portfolio, Series 52 seeks capital appreciation, with dividend income as a secondary objective, by investing in a portfolio of stocks issued by companies diversified within the financial services industry. As of the Nov. 8 initial date of deposit, $150,881 of contracts to purchase securities comprise the portfolio. The 15,241 units will be priced at $10 and have a net asset value of $9.555. The estimated net annual income for the first year is $0.14345.

The Utility Income Portfolio, Series 37 seeks dividend income with potential for capital appreciation by investing in a portfolio of stocks of companies diversified within the utility industry. As of the Nov. 8 initial date of deposit, $150,613 of contracts to purchase securities comprise the portfolio. The 15,214 units will be priced at $10 and have a net asset value of $9.579. The estimated net annual income for the first year is $0.36246.

The units from all of the portfolios carry a 3.95% maximum sales charge, consisting of an initial sales charge of 1%, a deferred sales charge of 2.45% and a creation and development fee of 0.5%. The sales charge may be reduced down to 2.45% depending on the amount of the investment.

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