Correspondence 0001445546-24-007249 from FT 11821 (CIK 0002034447)
FT 11821 (CIK 0002034447)
Date: Oct. 22, 2024 · CIK: 0002034447 · Accession: 0001445546-24-007249
AI Filing Summary & Sentiment
File numbers found in text: 333-282281
Letter
Division of Investment Management Re: FT 11821 Dividend Growers and Tax-Advantaged Income Portfolio, Series 42 (the “Trust”) CIK No. 2034447 File No. 333-282281
Dear Mr. Cowan:
We received your comments regarding the Registration Statement for the above captioned Trust. This letter serves to respond to your comments.
Comments
Portfolio
1.Please consider pointing investors to the Trust's Schedule of Investments to see the percentage breakdown of the portfolio construction between the investments in ETFs and common stocks (e.g., stating the percentage breakdown is available in the Trust's Schedule of Investments).
Response:In accordance with the Staff’s comment, the following disclosure has been added as a new third paragraph in the Portfolio Selection Process:
See the “Schedule of Investments” for a percentage breakdown of the Trust’s portfolio.
Risk Factors
2.If the Trust will have material exposure to the municipal bonds issued by any jurisdiction experiencing financial distress, please identify that jurisdiction and add relevant risk disclosure.
Response:If, based on the Trust’s final portfolio, the Trust has material exposure to any jurisdiction experiencing financial distress, relevant disclosure will be added to the Trust’s prospectus.
We appreciate your prompt attention to this Registration Statement. If you have any questions or comments or would like to discuss our responses to your questions, please feel free to contact Brian D. Free at (312) 845-3017 or the undersigned at (312) 845-3721.
Very truly yours,
Chapman and Cutler llp
Show Raw Text
CORRESP
1
filename1.htm
Chapman and Cutler LLP
320 South Canal Street, 27th Floor
Chicago, Illinois 60606
T 312.845.3000
F 312.701.2361
www.chapman.com
October 22, 2024
Mark Cowan
U.S. Securities and Exchange Commission
Division of Investment Management
Disclosure Review Office
100 F Street, N.E.
Washington, D.C. 20549
Re:
FT 11821
Dividend Growers and Tax-Advantaged Income Portfolio, Series 42
(the “Trust”)
CIK No. 2034447 File No. 333-282281
Dear Mr. Cowan:
We received your comments
regarding the Registration Statement for the above captioned Trust. This letter serves to respond to your comments.
Comments
Portfolio
1.Please
consider pointing investors to the Trust's Schedule of Investments to see the percentage breakdown of the portfolio construction between
the investments in ETFs and common stocks (e.g., stating the percentage breakdown is available in the Trust's Schedule of Investments).
Response:In
accordance with the Staff’s comment, the following disclosure has been added as a new third paragraph in the Portfolio Selection
Process:
See the “Schedule of Investments”
for a percentage breakdown of the Trust’s portfolio.
Risk Factors
2.If
the Trust will have material exposure to the municipal bonds issued by any jurisdiction experiencing financial distress, please identify
that jurisdiction and add relevant risk disclosure.
Response:If,
based on the Trust’s final portfolio, the Trust has material exposure to any jurisdiction experiencing financial distress, relevant
disclosure will be added to the Trust’s prospectus.
We appreciate your prompt attention to this Registration Statement. If you have any questions
or comments or would like to discuss our responses to your questions, please feel free to contact Brian D. Free at (312) 845-3017 or the
undersigned at (312) 845-3721.
Very truly yours,
Chapman and Cutler llp
By:
/s/ Daniel J. Fallon
Daniel J. Fallon