FT 3262 registers High Dividend Equity Allocation Portfolio units

By Toni Weeks

San Diego, Nov. 3 - FT 3262 has registered units of its High Dividend Equity Allocation Portfolio Series, according to an S-6 filing with the Securities and Exchange Commission.

The depositor is Wheaton, Ill.-based First Trust Portfolios LP.

The trust seeks above-average total return through a combination of capital appreciation and dividends by investing in a diversified portfolio of dividend-paying common stocks from four segments of the market: high dividend equity, SMid high dividend, international high dividend and high dividend emergent markets. The segments will be weighted 40%, 30%, 20% and 10%, respectively.

The initial date of deposit will be in December 2011. The units will have a public offering price of $10.00 and a net asset value of $9.576 each.

The units each carry a maximum sales charge of $0.395, consisting of an initial sales charge of $0.1, a deferred sales charge of $0.245 and a creation and development fee of $0.05. The maximum fee for unit purchasers of $50,000 or more is 3.7% and decreases on a sliding scale to 2.45% for investments of $1 million or more.

The trust will have a mandatory termination date of Dec. 2, 2013.

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