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VAN KAMPEN MERRITT SELECT SECTOR MUNICIPAL TRUST LISTS ITS SHARES ON THE AMERICAN STOCK EXCHANGE

 NEW YORK, Nov. 19 /PRNewswire/ -- The American Stock Exchange today began trading the initial public offering of common shares of Van Kampen Merritt Select Sector Municipal Trust.
 The Trust, trading under ticker symbol VKL, opened at 15 on 5,000 shares.
 Cranmer and Cranmer, Inc./Cohen, Cohn, Duffy & McGowan, Inc. has been selected as the Trust's specialist firm.
 Van Kampen Merritt Select Sector Municipal Trust is a recently organized, closed end, non-diversified, management investment company. The Trust says that it will seek to provide its common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. The Trust will invest substantially all its assets in a portfolio of municipal securities selected by Van Kampen Investment Advisory Corp. from various sectors of the municipal bond market.
 The Trust's initial public offering consists of 4.4 million common shares with an over-allotment option of 660,000 shares. The Trust's investment advisor is Van Kampen Merritt Investment Advisory Corp. of Oakbrook Terrace, Ill., a wholly owned subsidiary of The Van Kampen Merritt Companies, Inc.
 The American Stock Exchange is unique among U.S. financial markets. It is the only exchange to successfully provide both a primary equities market for growth companies and a principal market for derivatives. The American Stock Exchange is dedicated to providing both public and professional investors with superior trading products and services at competitive prices.
 -0- 11/19/93
 /CONTACT: Melissa Grand, Manager, Communications of American Stock Exchange, 212-306-1635/
 (VKL)


CO: Van Kampen Merritt Select Sector Muncipal Trust ST: IN: FIN SU:

LG -- NY037 -- 6508 11/19/93 11:42 EST
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Publication:PR Newswire
Date:Nov 19, 1993
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