Van Kampen Municipal Opportunity Trust Announces Completion of Reorganization with Van Kampen Advantage Municipal Income Trust
31 January 2006 - 9:57AM
Business Wire
Van Kampen Asset Management announced today that the proposed
reorganization of Van Kampen Advantage Municipal Income Trust
(NYSE/CHX: VKA) into Van Kampen Municipal Opportunity Trust
(NYSE/CHX: VMO) has been completed. In the reorganization,
shareholders of VKA received newly issued shares of VMO. The
conversion exchange rate (the rate by which one multiplies the
amount of VKA common shares to determine the number of VMO common
shares issued as part of the reorganization) was 0.984721, and the
exchange ratio between preferred shares of VKA and preferred shares
of VMO was one VKA preferred share into one VMO preferred share.
Van Kampen Asset Management is a subsidiary of Van Kampen
Investments Inc. ("Van Kampen"). Van Kampen is one of the nation's
largest investment management companies, with more than $107
billion in assets under management or supervision, as of December
31, 2005. With roots in money management dating back to 1927, Van
Kampen has helped more than four generations of investors work
toward their financial goals. Van Kampen is an indirect
wholly-owned subsidiary of Morgan Stanley (NYSE: MS). For more
information, visit Van Kampen's web site at www.vankampen.com.
There is no assurance that the Fund will achieve its investment
objective. An investment in the Fund should be made with an
understanding of the risks of investment primarily in debt
securities. The Fund is subject to the market risks, credit risks,
and income risks which generally are affected by changes in
interest rates and credit qualities. Accordingly, you can lose
money investing in the Fund. The Fund may invest in derivative
instruments, which may magnify volatility. Copyright (C)2006 Van
Kampen Funds Inc. All rights reserved. Member NASD/SIPC.
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