<PAGE>
NUVEEN Tax-Exempt Unit Trusts
NUVEEN
NATIONAL
INSURED
TRUST 273
Estimated Current Return
First
Year: 5.74% to 5.97%
Subsequent
Years: 5.77% to 5.99%
as of 07/20/94
Estimated Long Term Return
5.78% to 6.01%
75,000 units in a
diversified $7,500,000
portfolio of tax-exempt
bonds rated "AAA"
Cusip:
67101X 765 Monthly Payment Option
67101X 773 Quarterly Payment Option
67101X 781 Semi-Annual Payment Option
Registered in all states
John Nuveen & Co. Incorporated
Investment Bankers
<TABLE>
<S> <C>
Chicago: Atlanta
333 W. Wacker Dr. Austin
Chicago, Illinois 60606 Boca Raton
Telephone: 312.917.7700 Boston
Columbus
New York: Dallas/Ft. Worth
Swiss Bank Tower Irvine
10 East 50th Street Philadelphia
New York, New York 10022 Phoenix
Telephone: 212.207.2000 San Francisco
Seattle
Tampa
Washington, D.C.
</TABLE>
<PAGE>
- --------------------------------------------------------------------------------
NUVEEN TAX-EXEMPT UNIT TRUST--INSURED, NATIONAL INSURED TRUST 273
SCHEDULE OF INVESTMENTS
DATE OF DEPOSIT JULY 21, 1994
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Ratings
Optional -----------------------
Aggregate Name of Issuer and Title of Issue Represented Redemption Standard
Principal by Sponsor's Contracts to Purchase Bonds Provisions & Poor's Moody's
<C> <C> <S> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------------
$ 750,000 Department of Water and Power of the City of Los Angeles, 2003 at 102 AAA Aaa
California, Electric Plant Refunding Revenue Bonds, Issue
of 1993, 5.875% Due 9/1/30.
1,000,000 Illinois Health Facilities Authority Revenue Bonds, Series 2004 at 102 AAA Aaa
1994A (The University of Chicago Hospitals Project),
6.125% Due 8/15/21.
750,000 City of Chicago (Illinois), Wastewater Transmission Revenue 2005 at 102 AAA Aaa
Bonds, Series 1994, 6.375% Due 1/1/24. (When issued.)
250,000 Hammond Multi-School Building Corporation (Lake County, 2004 at 102 AAA Aaa
Indiana), First Mortgage Refunding Bonds, Series 1994,
6.60% Due 1/10/18. (General Obligation Bonds.)
750,000 City of Council Bluffs, Iowa, Pollution Control Refunding 2003 at 102 AAA Aaa
Revenue Bonds (Midwest Power Systems Inc. Project), Series
1993, 5.95% Due 5/1/23.
650,000 Massachusetts Bay Transportation Authority, General 2004 at 102 AAA Aaa
Transportation System Bonds, 1994 Series B Bonds, 5.90%
Due 3/1/24. (General Obligation Bonds.)
750,000 New Hampshire Higher Educational and Health Facilities 2004 at 102 AAA Aaa
Authority Revenue Bonds, The Hitchcock Clinic Issue,
Series 1994, 6.00% Due 7/1/24.
750,000 New Jersey Health Care Facilities Financing Authority, 2004 at 102 AAA Aaa
Revenue Bonds, Jersey Shore Medical Center Obligated Group
Issue, Series 1994, 6.25% Due 7/1/21. (When issued.)
750,000 The Pollution Control Financing Authority of Salem County 2004 at 102 AAA Aaa
(New Jersey), Pollution Control Revenue Refunding Bonds of
1994, Series B (Public Service Electric and Gas Company
Project), 6.25% Due 6/1/31.
750,000 Municipality of Metropolitan Seattle (Seattle, Washington), 2003 at 102 AAA Aaa
Sewer Revenue Bonds, Series W, 6.30% Due 1/1/33.
350,000 Wisconsin Health and Educational Facilities Authority, 2004 at 102 AAA Aaa
Health Facilities Revenue Bonds (Catholic Health
Corporation), Series 1994B, 6.375% Due 11/15/15. (When
issued.)
----------
$7,500,000
----------
----------
</TABLE>
<PAGE>
- --------------------------------------------------------------------------------
UNIT PRICE, ESTIMATED CURRENT RETURN AND ESTIMATED LONG TERM RETURN DEPEND ON
AMOUNT PURCHASED AND PAYMENT OPTION
Sales charge/volume discount applies on all concurrent purchases of any Nuveen
trust units. Estimated Current Return equals net income divided by offering
price. Estimated Long Term Return represents an average of the yields to
maturity (or call) of the Bonds in the Trust adjusted to reflect expenses and
sales charges.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Estimated Current Return (2)
AMOUNT PURCHASED Public -----------------------------------------------------------
- ------------------------------------- Sales Offering Monthly Quarterly Semi-Annual
Units Dollars Charge Price (1) Payment Payment Payment
- ---------------- ------------------- ------ ----------- --------------- --------------- ---------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50-499 $5,000-$49,999 4.90 % $ 102.84 (5.74%) 5.77% (5.77%) 5.80% (5.79%) 5.82%
500-999 50,000-99,999 4.75 102.68 (5.75) 5.78 (5.78) 5.81 (5.80) 5.83
1,000-2,499 100,000-249,999 4.50 102.41 (5.76) 5.79 (5.80) 5.82 (5.81) 5.84
2,500-4,999 250,000-499,999 4.25 102.14 (5.78) 5.81 (5.81) 5.84 (5.83) 5.86
5,000-9,999 500,000-999,999 3.50 101.35 (5.82) 5.85 (5.86) 5.88 (5.87) 5.90
10,000-24,999 1,000,000-2,499,999 3.00 100.83 (5.85) 5.88 (5.89) 5.91 (5.91) 5.93
25,000-49,999 2,500,000-4,999,999 2.50 100.31 (5.88) 5.91 (5.92) 5.94 (5.94) 5.96
50,000 and over 5,000,000 and over 2.00 99.80 (5.91) 5.94 (5.95) 5.97 (5.97) 5.99
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Estimated Long Term Return (3)
-----------------------------------------------------
AMOUNT PURCHASED Public
- ------------------------------------- Sales Offering Monthly Quarterly Semi-Annual
Units Dollars Charge Price (1) Payment Payment Payment
- ---------------- ------------------- ------ ----------- ------------- ------------- -------------
<S> <C> <C> <C> <C> <C> <C>
50-499 $5,000-$49,999 4.90 % $ 102.84 5.78% 5.81% 5.83%
500-999 50,000-99,999 4.75 102.68 5.79 5.82 5.84
1,000-2,499 100,000-249,999 4.50 102.41 5.81 5.84 5.85
2,500-4,999 250,000-499,999 4.25 102.14 5.82 5.85 5.87
5,000-9,999 500,000-999,999 3.50 101.35 5.87 5.90 5.92
10,000-24,999 1,000,000-2,499,999 3.00 100.83 5.90 5.93 5.95
25,000-49,999 2,500,000-4,999,999 2.50 100.31 5.93 5.96 5.98
50,000 and over 5,000,000 and over 2.00 99.80 5.96 5.99 6.01
</TABLE>
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(1) As of the business day prior to the Date of Deposit. Units are offered at
the Public Offering Price plus accrued interest.
(2) All figures as of the business day prior to the Date of Deposit. Figures in
brackets represent the current return. The first year's estimated current
returns are slightly lower than those for subsequent years because a portion
of the monies received in the first year only will be treated as a return of
principal due to the inclusion in the portfolio of "when issued" or other
Bonds having delivery dates after the date of settlement for a purchase made
on the Date of Deposit.
(3) In contrast to Estimated Current Return, Estimated Long Term Return reflects
the amortization of premium or accretion of discount, if any, on the bonds
in the Trust's portfolio.
- --------------------------------------------------------------------------------
REINVESTMENT OPTIONS Specify automatic reinvestment of trust income, with no
sales charge, to earn compounded dividends with Nuveen mutual funds.
- --------------------------------------------------------------------------------
INTEREST DISTRIBUTIONS TO UNITHOLDERS Unitholders may elect to have interest
distributions made on a monthly, quarterly, or semi-annual basis. Record Dates
are May 1 and November 1 for semi-annual distributions; February 1, May 1,
August 1 and November 1 for quarterly distributions; and the first of each month
for monthly distributions. Details of interest distributions per unit under the
various plans appear in the following table based upon estimated net annual
interest income at the Date of Deposit:
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Normal
Distributions
National Insured Trust 1994 1995 per Year +
<S> <C> <C> <C> <C> <C>
- ---------------------------------------------------------------------------------------------------- --------------
Record Date*.......................... 9/1 11/1 2/1 5/1
Distribution Date..................... 9/15 11/15 2/15 5/15
- --------------------------------------------------------------------------------------------------------------------
Monthly Distribution Plan............. $ .6588(1) $ 5.9305
-------- $.4941 every month --------
Quarterly Distribution Plan........... $ .6588(1) $ .9936(2) $ 1.4904 $ 1.4904 $ 5.9625
Semi-Annual Distribution Plan......... $ .6588(1) $ .9966(3) $ 2.9898 $ 5.9815
- --------------------------------------------------------------------------------------------------------------------
<FN>
* Record Dates for semi-annual distributions are May 1 and November 1; for quarterly distributions, they are February 1, May 1,
August 1 and November 1. Record Dates for monthly distributions are the first day of each month.
(1) The first distribution will be paid to all Unitholders, regardless of the distribution plan selected. Such distribution may
be more or less than a regular monthly distribution.
(2) The second distribution under the quarterly distribution plan represents a 2-month distribution; subsequent quarterly
distributions will be regular 3-month distributions.
(3) The second distribution under the semi-annual distribution plan represents a 2-month distribution; subsequent semi-annual
distributions will be regular 6-month distributions.
</TABLE>
+ Interest for Unitholders of this series began to accrue as of the Date of
Deposit. Units purchased on the Date of Deposit will have $.12 of accrued
interest that will be added to the Public Offering Price on the Settlement Date.
After provision for expenses of the Fund, the daily rate of accrual from the
Date of Deposit to the first Record Date is $.01647 per unit per day.
Consequently, on the first Record Date (09/01/94), accrued interest will total
$0.6588 per unit for the 40-day period. All interest accrued from the Date of
Deposit to the first Record Date, less expenses, will be distributed on the
first Distribution Date to Unitholders of Record as of the first Record Date.
The first payment to all Unitholders of Record on 09/01/94 is $.6588 per unit.
After the first Record Date daily rates of accrual are:
Monthly - $0.01647 Quarterly - $0.01656
Semi-Annual - $0.01661
This daily rate of accrual, and the annual distributions shown above, will
remain the same as long as the portfolio size and composition remain the same.
- --------------------------------------------------------------------------------
<PAGE>
- -------------------------------------------------
DIVERSIFICATION OF PORTFOLIO INCOME
There are 11 Tax-exempt bond issues in this trust; this diversified portfolio
yields current income from issuers in 9 states.
- -------------------------------------------------
<TABLE>
<CAPTION>
Percent
of Total
Income
<S> <C> <C>
- ------------------------
%
California 9.6
Iowa 9.7
Illinois 23.6
Indiana 3.6
Massachusetts 8.3
<CAPTION>
Percent
of Total
Income
- ------------------------
<S> <C> <C>
%
New Hampshire 9.8
New Jersey 20.3
Washington 10.3
Wisconsin 4.8
</TABLE>
- -------------------------------------------------
AVERAGE PORTFOLIO LIFE The average maturity
of portfolio bonds is 30.6 years. The first bond is scheduled to mature in
November, 2015, with the last bond maturity being January, 2033.
- -------------------------------------------------
BONDS INSURED BY MBIA Each bond in this Nuveen Insured series has been
insured* by the Municipal Bond Investors Assurance Corporation, which guarantees
timely payments of principal and interest. Premium payments have been fully paid
by the Date of Deposit.
- -------------------------------------------------
CALL PROTECTION Bonds are first subject to optional redemption by the issuers
in the years and at the prices shown under the Redemption Provisions column in
the Schedule of Investments. Unless otherwise stated, in subsequent years, bonds
are redeemable at declining prices, but not usually below par value. Some issues
or some portions of issues may also be subject to sinking fund redemption or
extraordinary redemption without premium prior to the dates shown.
- -------------------------------------------------
* Insurance relates specifically to the bonds and not to the units or to the
market value of units. Terms of the insurance are more fully described in the
prospectus. No representation is made as to the insurer's ability to meet its
commitments. See Section 5 of the prospectus for details.
- -------------------------------------------------------
FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION, INCLUDING CHARGES AND
EXPENSES, ON THIS NUVEEN TAX-EXEMPT UNIT TRUST AND ANY OTHER NUVEEN FUND, CALL
YOUR BROKER . . . OR NUVEEN AT
1-800-257-8787
READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST OR SEND MONEY.
741
<PAGE>
NUVEEN Tax-Exempt Unit Trusts
NUVEEN
FLORIDA
INSURED
TRUST 194
Estimated Current Return
First
Year: 5.52% to 5.74%
Subsequent
Years: 5.54% to 5.76%
as of 07/20/94
Estimated Long Term Return
5.57% to 5.79%
35,000 units in a
diversified $3,500,000
portfolio of tax-exempt
bonds rated "AAA"
Cusip:
6706H3 408 Monthly Payment Option
6706H3 416 Quarterly Payment Option
6706H3 424 Semi-Annual Payment Option
Registered in Florida
John Nuveen & Co. Incorporated
Investment Bankers
<TABLE>
<S> <C>
Chicago: Atlanta
333 W. Wacker Dr. Austin
Chicago, Illinois 60606 Boca Raton
Telephone: 312.917.7700 Boston
Columbus
New York: Dallas/Ft. Worth
Swiss Bank Tower Irvine
10 East 50th Street Philadelphia
New York, New York 10022 Phoenix
Telephone: 212.207.2000 San Francisco
Seattle
Tampa
Washington, D.C.
</TABLE>
<PAGE>
- --------------------------------------------------------------------------------
NUVEEN TAX-EXEMPT UNIT TRUST--INSURED, FLORIDA INSURED TRUST 194
SCHEDULE OF INVESTMENTS
DATE OF DEPOSIT JULY 21, 1994
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Ratings
Optional -----------------------
Aggregate Name of Issuer and Title of Issue Represented Redemption Standard
Principal by Sponsor's Contracts to Purchase Bonds Provisions & Poor's Moody's
<C> <C> <S> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------------
$ 500,000 State Board of Education of Florida, Public Education 2004 at 101 AAA Aaa
Capital Outlay Bonds, 1993 Series E, 5.80% Due 6/1/24.
(General Obligation Bonds.)
495,000 Broward County, Florida, Tourist Development Tax Special 2004 at 102 AAA Aaa
Revenue Refunding Bonds (Convention Center), Series 1994,
5.625% Due 10/1/13.
500,000 Palm Beach County, Florida, Public Improvement Recreation 2004 at 102 AAA Aaa
Facilities, Revenue Bonds, Series 1994, 6.00% Due 7/1/14.
(When issued.)
500,000 Palm Beach County, Florida, Airport System Revenue Refunding 2002 at 102 AAA Aaa
Bonds, Series 1992, 6.375% Due 10/1/14.
500,000 City of Sanford, Florida, Water and Sewer Refunding Revenue 2003 at 102 AAA Aaa
Bonds, Series 1993, 4.75% Due 10/1/18. (Original issue
discount bonds delivered on or about November 10, 1993 at
a price of 92.567% of principal amount.)
505,000 City of Titusville, Florida, Water and Sewer Revenue Bonds, 2004 at 102 AAA Aaa
Series 1994, 6.00% Due 10/1/24. (When issued.)
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 2004 at 101 AAA Aaa
1994 (General Obligation Bonds), 6.50% Due 7/1/23. 1/2
----------
$3,500,000
----------
----------
</TABLE>
<PAGE>
- --------------------------------------------------------------------------------
UNIT PRICE, ESTIMATED CURRENT RETURN AND ESTIMATED LONG TERM RETURN DEPEND ON
AMOUNT PURCHASED AND PAYMENT OPTION
Sales charge/volume discount applies on all concurrent purchases of any Nuveen
trust units. Estimated Current Return equals net income divided by offering
price. Estimated Long Term Return represents an average of the yields to
maturity (or call) of the Bonds in the Trust adjusted to reflect expenses and
sales charges.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Estimated Current Return (2)
AMOUNT PURCHASED Public -----------------------------------------------------------
- ------------------------------------- Sales Offering Monthly Quarterly Semi-Annual
Units Dollars Charge Price (1) Payment Payment Payment
- ---------------- ------------------- ------ ----------- --------------- --------------- ---------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50-499 $5,000-$49,999 4.90 % $ 101.80 (5.52%) 5.54% (5.55%) 5.57% (5.57%) 5.59%
500-999 50,000-99,999 4.75 101.64 (5.53) 5.55 (5.56) 5.58 (5.58) 5.60
1,000-2,499 100,000-249,999 4.50 101.37 (5.54) 5.56 (5.57) 5.59 (5.59) 5.61
2,500-4,999 250,000-499,999 4.25 101.11 (5.55) 5.57 (5.59) 5.61 (5.60) 5.63
5,000-9,999 500,000-999,999 3.50 100.32 (5.60) 5.62 (5.63) 5.65 (5.65) 5.67
10,000-24,999 1,000,000-2,499,999 3.00 99.80 (5.63) 5.65 (5.66) 5.68 (5.68) 5.70
25,000-49,999 2,500,000-4,999,999 2.50 99.29 (5.66) 5.68 (5.69) 5.71 (5.71) 5.73
50,000 and over 5,000,000 and over 2.00 98.79 (5.68) 5.71 (5.72) 5.74 (5.74) 5.76
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Estimated Long Term Return (3)
-----------------------------------------------------
AMOUNT PURCHASED Public
- ------------------------------------- Sales Offering Monthly Quarterly Semi-Annual
Units Dollars Charge Price (1) Payment Payment Payment
- ---------------- ------------------- ------ ----------- ------------- ------------- -------------
<S> <C> <C> <C> <C> <C> <C>
50-499 $5,000-$49,999 4.90 % $ 101.80 5.57% 5.60% 5.62%
500-999 50,000-99,999 4.75 101.64 5.58 5.61 5.63
1,000-2,499 100,000-249,999 4.50 101.37 5.60 5.63 5.64
2,500-4,999 250,000-499,999 4.25 101.11 5.61 5.64 5.66
5,000-9,999 500,000-999,999 3.50 100.32 5.66 5.68 5.70
10,000-24,999 1,000,000-2,499,999 3.00 99.80 5.68 5.71 5.73
25,000-49,999 2,500,000-4,999,999 2.50 99.29 5.71 5.74 5.76
50,000 and over 5,000,000 and over 2.00 98.79 5.74 5.77 5.79
</TABLE>
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(1) As of the business day prior to the Date of Deposit. Units are offered at
the Public Offering Price plus accrued interest.
(2) All figures as of the business day prior to the Date of Deposit. Figures in
brackets represent the current return. The first year's estimated current
returns are slightly lower than those for subsequent years because a portion
of the monies received in the first year only will be treated as a return of
principal due to the inclusion in the portfolio of "when issued" or other
Bonds having delivery dates after the date of settlement for a purchase made
on the Date of Deposit.
(3) In contrast to Estimated Current Return, Estimated Long Term Return reflects
the amortization of premium or accretion of discount, if any, on the bonds
in the Trust's portfolio.
- --------------------------------------------------------------------------------
INTEREST DISTRIBUTIONS TO UNITHOLDERS Unitholders may elect to have interest
distributions made on a monthly, quarterly, or semi-annual basis. Record Dates
are May 1 and November 1 for semi-annual distributions; February 1, May 1,
August 1 and November 1 for quarterly distributions; and the first of each month
for monthly distributions. Details of interest distributions per unit under the
various plans appear in the following table based upon estimated net annual
interest income at the Date of Deposit:
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Normal
Distributions
Florida Insured Trust 1994 1995 per Year +
<S> <C> <C> <C> <C> <C>
- ---------------------------------------------------------------------------------------------------- --------------
Record Date*.......................... 9/1 11/1 2/1 5/1
Distribution Date..................... 9/15 11/15 2/15 5/15
- --------------------------------------------------------------------------------------------------------------------
Monthly Distribution Plan............. $ .6260(1) $ 5.6365
-------- $.4695 every month --------
Quarterly Distribution Plan........... $ .6260(1) $ .9444(2) $ 1.4166 $ 1.4166 $ 5.6685
Semi-Annual Distribution Plan......... $ .6260(1) $ .9474(3) $ 2.8422 $ 5.6875
- --------------------------------------------------------------------------------------------------------------------
<FN>
* Record Dates for semi-annual distributions are May 1 and November 1; for quarterly distributions, they are February 1, May 1,
August 1 and November 1. Record Dates for monthly distributions are the first day of each month.
(1) The first distribution will be paid to all Unitholders, regardless of the distribution plan selected. Such distribution may
be more or less than a regular monthly distribution.
(2) The second distribution under the quarterly distribution plan represents a 2-month distribution; subsequent quarterly
distributions will be regular 3-month distributions.
(3) The second distribution under the semi-annual distribution plan represents a 2-month distribution; subsequent semi-annual
distributions will be regular 6-month distributions.
</TABLE>
+ Interest for Unitholders of this series began to accrue as of the Date of
Deposit. Units purchased on the Date of Deposit will have $.11 of accrued
interest that will be added to the Public Offering Price on the Settlement Date.
After provision for expenses of the Fund, the daily rate of accrual from the
Date of Deposit to the first Record Date is $.01565 per unit per day.
Consequently, on the first Record Date (09/01/94), accrued interest will total
$0.6260 per unit for the 40-day period. All interest accrued from the Date of
Deposit to the first Record Date, less expenses, will be distributed on the
first Distribution Date to Unitholders of Record as of the first Record Date.
The first payment to all Unitholders of Record on 09/01/94 is $.6260 per unit.
After the first Record Date daily rates of accrual are:
Monthly - $0.01565 Quarterly - $0.01574
Semi-Annual - $0.01579
This daily rate of accrual, and the annual distributions shown above, will
remain the same as long as the portfolio size and composition remain the same.
- --------------------------------------------------------------------------------
741
<PAGE>
- -------------------------------------------------------
AVERAGE PORTFOLIO LIFE The average maturity of portfolio bonds is 24.7 years.
The first bond is scheduled to mature in October, 2013, with the last bond
maturity being October, 2024.
- -------------------------------------------------
BONDS INSURED BY MBIA Each bond in this Nuveen Insured series has been
insured* by the Municipal Bond Investors Assurance Corporation, which guarantees
timely payments of principal and interest. Premium payments have been fully paid
by the Date of Deposit.
- -------------------------------------------------
CALL PROTECTION Bonds are first subject to optional redemption by the issuers
in the years and at the prices shown under the Redemption Provisions column in
the Schedule of Investments. Unless otherwise stated, in subsequent years, bonds
are redeemable at declining prices, but not usually below par value. Some issues
or some portions of issues may also be subject to sinking fund redemption or
extraordinary redemption without premium prior to the dates shown.
- -------------------------------------------------
NO CHARGE FOR REDEMPTION The Trustee, United States Trust Company of New York,
will redeem units at net asset value. In addition, John Nuveen & Co.
Incorporated intends to maintain a secondary market for this Nuveen Tax-Exempt
Unit Trust. Inasmuch as all securities investments are subject to market price
fluctuation, net asset value at the time of redemption could be more or less
than the initial investment.
- -------------------------------------------------
REINVESTMENT OPTIONS Specify automatic reinvestment of trust income, with no
sales charge, to earn compounded dividends with Nuveen mutual funds.
- -------------------------------------------------
* Insurance relates specifically to the bonds and not to the units or to the
market value of units. Terms of the insurance are more fully described in the
prospectus. No representation is made as to the insurer's ability to meet its
commitments. See Section 5 of the prospectus for details.
- -------------------------------------------------------
FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION, INCLUDING CHARGES AND
EXPENSES, ON THIS NUVEEN TAX-EXEMPT UNIT TRUST AND ANY OTHER NUVEEN FUND, CALL
YOUR BROKER . . . OR NUVEEN AT
1-800-257-8787
READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST OR SEND MONEY.
