Van Kampen Senior Loan Fund

Time: 4 min 55 sec * recorded 02/15/08 These comments were valid on the date the video was recorded. Markets move continuously. Ask your financial advisor for more up-to-date information.

Three Reasons to Consider Van Kampen Senior Loan Fund Potentially higher income Hedge against rising interest rates1 Highest in the capital structure 1 Past Performance is no guarantee of future results. Senior loan rates may not immediately reflect changes in current interest rates because the rates on the loans typically reset approximately every 30-90 days.

Risk Considerations

There is no assurance that the fund will achieve its investment objective. The fund’s net asset value (NAV) will fluctuate with changes in the actual and perceived credit quality of the loans in which the fund will invest and may be less than the NAV at the time of investment. Accordingly, investors can lose money investing in the fund.

The fund is subject to additional risks, including the following: Illiquidity. The illiquid nature of some loans may impair the fund’s ability to dispose  of such loans in an expeditious manner. This may result in the fund disposing of such loans on terms less favorable than the actual terms of the loan obtained by the fund on acquisition. This fund is not a CD or money market fund, and differs substantially from these products with respect to risks and liquidity, among other factors. The fund’s shares have no trading market and no market is expected to develop. In order to provide liquidity to shareholders, the fund will make monthly offers to repurchase up to 5 % of its outstanding shares at net asset value. Investing in senior loans does involve investment risk, and some borrowers default on their senior loan payments. Credit Quality. The fund may invest all or a substantial portion of its assets in below investment-grade senior loans, which are considered speculative by rating agencies (and are often referred to as “junk securities”). Therefore, you should expect that the fund’s NAV will fluctuate as a result of changes in the credit quality of borrowers and other factors. Interest Rates. An increase or decrease in interest rates may not be immediately reflected in the rates payable on the portfolio’s underlying securities. Collateral. Collateral securing senior loans might not be entirely sufficient to satisfy the borrower’s obligations in the event of non-payment of scheduled interest or principal and, in some cases, may be difficult to liquidate on a timely basis. Foreign Securities. Investing in foreign issuers involves risks, including less rigorous account reporting requirements than U.S. issuers, less regulatory requirements, differing legal systems and laws relating to creditor’s rights, and the potential for political, social and economic adversity. Leverage. There are risks associated with borrowing or issuing preferred shares in an effort to increase the yield and distributions on the Common Shares, including that the costs of the financial leverage exceed the income from investments made with such leverage, the higher volatility of the net asset value of the Common Shares, and that fluctuations in the interest rates on the borrowing or dividend rates on preferred shares may affect the yield and distributions to the Common Shareholders.

The Van Kampen Senior Loan Fund is a continuously offered closed-end fund.