Van Kampen Unit Trusts, Municipal series 1017 registers units

By Toni Weeks

San Diego, Oct. 25 - Van Kampen Unit Trusts, Municipal series 1017 has registered units of its series 25 Investment-Grade Municipal Trust, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The trust invests in a portfolio of tax-exempt municipal bonds and seeks to provide federal tax-exempt income and preservation of capital.

As of Oct. 24, the principal amount of bonds in the trust is $5.53 million, or $886.50 for each of 6,238 units. The total offering price of the bonds in the trust is $959.53 per unit.

The estimated current return is 4.02%, and the estimated long-term return is 2.86%.

Each unit will have a sales charge of 3%. Sales charge reductions are available for large quantity purchases.

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