<PAGE>
NUVEEN Tax-Exempt Unit Trusts
NUVEEN
CONNECTICUT
TRUST 272
(CONNECTICUT TRADITIONAL TRUST 272)
Estimated Current Return
5.34% to 5.56%
as of 03/28/95
Estimated Long Term Return
5.45% to 5.66%
35,000 units in a
diversified $3,500,000
portfolio of tax-exempt
bonds
Cusip:
67094E 642 Monthly Payment Option
67094E 659 Quarterly Payment Option
67094E 667 Semi-Annual Payment Option
Registered in Connecticut
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--CONNECTICUT TRADITIONAL TRUST 272
SCHEDULE OF INVESTMENTS
DATE OF DEPOSIT MARCH 29, 1995
--------------------------------------------------------------------------------
<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 of Connecticut, Special Tax Obligation Bonds, 2003 at 101 AAA Aaa
Transportation Infrastructure Purposes, 1993 Series C, 1/2
5.00% Due 10/1/13. (FGIC Insured.)
500,000 Connecticut Development Authority, Water Facilities 2004 at 102 AAA Aaa
Refunding Revenue Bonds (Bridgeport Hydraulic Company
Project-1994A Series), 6.05% Due 3/1/29. (MBIA Insured.)
500,000 State of Connecticut Health and Educational Facilities 2004 at 101 AAA Aaa
Authority, Revenue Bonds, The Loomis Chaffee School Issue, 1/2
Series B, 6.00% Due 7/1/15. (MBIA Insured.)
425,000 State of Connecticut Health and Educational Facilities 2004 at 102 AAA Aaa
Authority, Revenue Bonds, New Britain General Hospital
Issue, Series B, 6.00% Due 7/1/24. (AMBAC Insured.)
500,000 State of Connecticut Health and Educational Facilities 2004 at 102 AAA Aaa
Authority, Revenue Bonds, Nursing Home Program Issue,
Series 1994 (Saint Joseph's Living Center Project), 5.10%
Due 11/1/19. (AMBAC Insured.)
500,000 South Central Connecticut Regional Water Authority, Water 2003 at 102 AAA Aaa
System Revenue Bonds, Eleventh Series, 5.75% Due 8/1/12.
(FGIC Insured.)
325,000 City of Stamford, Connecticut, General Obligation Bonds, 2004 at 102 AAA Aaa
Issue of 1995, 5.50% Due 3/15/15.
250,000 Commonwealth of Puerto Rico, Public Improvement Refunding 2003 at 101 AAA Aaa
Bonds, Series 1993 (General Obligation Bonds.), 5.25% Due 1/2
7/1/18. (Original issue discount bonds delivered on or
about July 15, 1993 at a price of 93.414% of principal
amount.)(MBIA Insured.)
----------
$3,500,000
----------
----------
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
UNIT PRICE, ESTIMATED CURRENT RETURN AND ESTIMATED LONG TERM RETURN DEPEND ON
AMOUNT PURCHASED AND PAYMENT OPTION The sales charges/volume discounts below
apply on all concurrent purchases of any Nuveen trust units, unless any such
purchases are made by a class of investors for which a separate sales charge is
applicable as described more fully in the Prospectus. 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>
50-499 $5,000-$49,999 4.90 % $ 100.80 5.34% 5.37% 5.39%
500-999 50,000-99,999 4.75 100.64 5.35 5.38 5.40
1,000-2,499 100,000-249,999 4.50 100.38 5.37 5.40 5.42
2,500-4,999 250,000-499,999 4.25 100.12 5.38 5.41 5.43
5,000-9,999 500,000-999,999 3.50 99.34 5.42 5.45 5.47
10,000-24,999 1,000,000- 2,499,999 3.00 98.82 5.45 5.48 5.50
25,000-49,999 2,500,000- 4,999,999 2.50 98.32 5.48 5.51 5.53
50,000 and over 5,000,000 and over 2.00 97.82 5.51 5.54 5.56
</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 % $ 100.80 5.45% 5.48% 5.50%
500-999 50,000-99,999 4.75 100.64 5.46 5.48 5.50
1,000-2,499 100,000-249,999 4.50 100.38 5.47 5.50 5.52
2,500-4,999 250,000-499,999 4.25 100.12 5.48 5.51 5.53
5,000-9,999 500,000-999,999 3.50 99.34 5.53 5.56 5.58
10,000-24,999 1,000,000- 2,499,999 3.00 98.82 5.56 5.59 5.61
25,000-49,999 2,500,000- 4,999,999 2.50 98.32 5.59 5.62 5.64
50,000 and over 5,000,000 and over 2.00 97.82 5.62 5.65 5.66
</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 Date of Deposit. The estimated
current return for purchases made on such date will be as shown, as long as
the portfolio size and composition remain the same.
(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
Connecticut Traditional Trust 1995 1996 per Year +
<S> <C> <C> <C> <C> <C>
---------------------------------------------------------------------------------------------------- --------------
Record Date*.......................... 5/1 8/1 11/1 2/1
Distribution Date..................... 5/15 8/15 11/15 2/15
--------------------------------------------------------------------------------------------------------------------
Monthly Distribution Plan............. $ .4787(1) $ 5.3858
-------- $.4488 every month --------
Quarterly Distribution Plan........... $ .4787(1) $ 1.3536(2) $ 1.3536 $ 1.3536 $ 5.4178
Semi-Annual Distribution Plan......... $ .4787(1) $ 2.7180(3) $ 5.4368
--------------------------------------------------------------------------------------------------------------------
<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) Regular 3-month distribution.
(3) Regular 6-month distribution.
</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 $.09 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 $.01496 per unit per day.
Consequently, on the first Record Date (05/01/95), accrued interest will total
$0.4787 per unit for the 32-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 05/01/95 is $.4787 per unit.
After the first Record Date daily rates of accrual are:
Monthly - $0.01496 Quarterly - $0.01504
Semi-Annual - $0.01510
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.
--------------------------------------------------------------------------------
793
<PAGE>
-------------------------------------------------------
AVERAGE PORTFOLIO LIFE The average maturity of portfolio bonds is 23.4 years.
The first bond is scheduled to mature in August, 2012, with the last bond
maturity being March, 2029.
-------------------------------------------------------
QUALITY OF PORTFOLIO AS RATED BY
STANDARD & POOR'S CORPORATION
OR MOODY'S INVESTORS SERVICES
-------------------------------------------------------
<TABLE>
<S> <C> <C>
Rating Percent of Portfolio
Category Par Value
--------------------------------------------------------------------
AAA 100%
---
100%
</TABLE>
-------------------------------------------------------
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.
-------------------------------------------------------
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FEDERAL
DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE BOARD OR ANY OTHER AGENCY AND
INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL.
-------------------------------------------------------
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.
<PAGE>
NUVEEN Tax-Exempt Unit Trusts
NUVEEN
COLORADO
INSURED
TRUST 57
Estimated Current Return
5.38% to 5.59%
as of 03/28/95
Estimated Long Term Return
5.44% to 5.66%
35,000 units in a
diversified $3,500,000
portfolio of tax-exempt
bonds rated "AAA"
Cusip:
6706E9 226 Monthly Payment Option
6706E9 234 Quarterly Payment Option
6706E9 242 Semi-Annual Payment Option
Registered in Colorado
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, COLORADO INSURED TRUST 57
SCHEDULE OF INVESTMENTS
DATE OF DEPOSIT MARCH 29, 1995
--------------------------------------------------------------------------------
<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 Colorado Health Facilities Authority Revenue Bonds, Series 2004 at 102 AAA Aaa
1994 (Sisters of Charity Health Care Systems, Inc.), 5.25%
Due 5/15/14.
500,000 City of Aurora, Colorado, General Obligation Water Refunding 2003 at 100 AAA Aaa
Bonds, Series 1993, 4.75% Due 11/1/14. (Original issue
discount bonds delivered on or about October 25, 1993 at a
price of 94.899% of principal amount.)
280,000 City of Colorado Springs, Colorado, Utilities System 2004 at 100 AAA Aaa
Improvement and Refunding Revenue Bonds, Series 1994A,
5.125% Due 11/15/19.
500,000 School District No. 1 in the City and County of Denver, and No Optional AAA Aaa
State of Colorado, General Obligation Refunding Bonds, Call
Series 1994A, 6.50% Due 12/1/10.
500,000 City and County of Denver, Colorado, Revenue Bonds, Series 2003 at 102 AAA Aaa
1994 (Sisters of Charity of Leavenworth Health Services
Corporation), 5.00% Due 12/1/23. (Original issue discount
bonds delivered on or about February 2, 1994 at a price of
94.00% of principal amount.)
450,000 Douglas County School District, Number RE.1, Douglas and 2004 at 101 AAA Aaa
Elbert Counties, Colorado, General Obligation Improvement
Bonds, Series 1994A, 6.50% Due 12/15/16.
400,000 Municipal Subdistrict, Northern Colorado, Water Conservancy 2004 at 100 AAA Aaa
District, Water Revenue Refunding Bonds, Series E, 5.00%
Due 12/1/17.
370,000 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 The sales charges/volume discounts below
apply on all concurrent purchases of any Nuveen trust units, unless any such
purchases are made by a class of investors for which a separate sales charge is
applicable as described more fully in the Prospectus. 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>
50-499 $5,000-$49,999 4.90 % $ 99.71 5.38% 5.41% 5.43%
500-999 50,000-99,999 4.75 99.55 5.39 5.42 5.44
1,000-2,499 100,000-249,999 4.50 99.29 5.40 5.43 5.45
2,500-4,999 250,000-499,999 4.25 99.03 5.42 5.45 5.47
5,000-9,999 500,000-999,999 3.50 98.26 5.46 5.49 5.51
10,000-24,999 1,000,000- 2,499,999 3.00 97.75 5.49 5.52 5.54
25,000-49,999 2,500,000- 4,999,999 2.50 97.25 5.51 5.55 5.57
50,000 and over 5,000,000 and over 2.00 96.76 5.54 5.58 5.59
</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 % $ 99.71 5.44% 5.47% 5.49%
500-999 50,000-99,999 4.75 99.55 5.45 5.47 5.49
1,000-2,499 100,000-249,999 4.50 99.29 5.46 5.49 5.51
2,500-4,999 250,000-499,999 4.25 99.03 5.47 5.50 5.52
5,000-9,999 500,000-999,999 3.50 98.26 5.52 5.55 5.57
10,000-24,999 1,000,000- 2,499,999 3.00 97.75 5.55 5.58 5.60
25,000-49,999 2,500,000- 4,999,999 2.50 97.25 5.58 5.61 5.63
50,000 and over 5,000,000 and over 2.00 96.76 5.61 5.64 5.66
</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 Date of Deposit. The estimated
current return for purchases made on such date will be as shown, as long as
the portfolio size and composition remain the same.
(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
Colorado Insured Trust 1995 1996 per Year +
<S> <C> <C> <C> <C> <C>
---------------------------------------------------------------------------------------------------- --------------
Record Date*.......................... 5/1 8/1 11/1 2/1
Distribution Date..................... 5/15 8/15 11/15 2/15
--------------------------------------------------------------------------------------------------------------------
Monthly Distribution Plan............. $ .4764(1) $ 5.3627
-------- $.4467 every month --------
Quarterly Distribution Plan........... $ .4764(1) $ 1.3482(2) $ 1.3482 $ 1.3482 $ 5.3947
Semi-Annual Distribution Plan......... $ .4764(1) $ 2.7054(3) $ 5.4137
--------------------------------------------------------------------------------------------------------------------
<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) Regular 3-month distribution.
(3) Regular 6-month distribution.
</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 $.09 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 $.01489 per unit per day.
Consequently, on the first Record Date (05/01/95), accrued interest will total
$0.4764 per unit for the 32-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 05/01/95 is $.4764 per unit.
After the first Record Date daily rates of accrual are:
Monthly - $0.01489 Quarterly - $0.01498
Semi-Annual - $0.01503
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.
--------------------------------------------------------------------------------
793
<PAGE>
-------------------------------------------------------
AVERAGE PORTFOLIO LIFE The average maturity of portfolio bonds is 22.2 years.
The first bond is scheduled to mature in December, 2010, with the last bond
maturity being December, 2023.
-------------------------------------------------------
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.
-------------------------------------------------------
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FEDERAL
DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE BOARD OR ANY OTHER AGENCY AND
INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL.
-------------------------------------------------------
* 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.
<PAGE>
NUVEEN Tax-Exempt Unit Trusts
NUVEEN
FLORIDA
INSURED
TRUST 208
Estimated Current Return
5.39% to 5.60%
as of 03/28/95
Estimated Long Term Return
5.47% to 5.68%
35,000 units in a
diversified $3,500,000
portfolio of tax-exempt
bonds rated "AAA"
Cusip:
6706H3 820 Monthly Payment Option
6706H3 838 Quarterly Payment Option
6706H3 846 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 208
SCHEDULE OF INVESTMENTS
DATE OF DEPOSIT MARCH 29, 1995
--------------------------------------------------------------------------------
<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 of Florida, State Board of Education, Public Education 2005 at 101 AAA Aaa
Capital Outlay Bonds, 1993 Series F, 6.00% Due 6/1/20.
(General Obligation Bonds.)
195,000 Florida Municipal Power Agency, Stanton II Project Refunding 2003 at 100 AAA Aaa
Revenue Bonds, Series 1993, 4.50% Due 10/1/27. (Original
issue discount bonds delivered on or about October 5, 1993
at a price of 88.625% of principal amount.)
500,000 Dade County, Florida, Public Facilities Revenue Refunding 2003 at 102 AAA Aaa
Bonds (Jackson Memorial Hospital), Series 1993A, 4.875%
Due 6/1/15.
305,000 Hillsborough County Industrial Development Authority 2004 at 102 AAA Aaa
(Florida), Pollution Control Revenue Refunding Bonds
(Tampa Electric Company Project), Series 1994, 6.25% Due
12/1/34.
500,000 Jacksonville Health Facilities Authority (Florida), Hospital 2003 at 102 AAA Aaa
Revenue Refunding Bonds (Daughters of Charity National
Health System-St. Vincent's Medical Center, Incorporated),
Series 1993A, 5.00% Due 11/15/15.
500,000 Orange County, Florida, Tourist Development Tax Revenue 2004 at 102 AAA Aaa
Bonds, Series 1994B, 6.00% Due 10/1/24.
500,000 Orlando Utilities Commission (Florida), Water and Electric 2004 at 101 AAA Aaa
Subordinated Revenue Refunding Bonds, Series 1994A, 5.00%
Due 10/1/20.
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 The sales charges/volume discounts below
apply on all concurrent purchases of any Nuveen trust units, unless any such
purchases are made by a class of investors for which a separate sales charge is
applicable as described more fully in the Prospectus. 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>
50-499 $5,000-$49,999 4.90 % $ 99.16 5.39% 5.42% 5.44%
500-999 50,000-99,999 4.75 99.00 5.40 5.43 5.45
1,000-2,499 100,000-249,999 4.50 98.74 5.41 5.44 5.46
2,500-4,999 250,000-499,999 4.25 98.49 5.42 5.46 5.48
5,000-9,999 500,000-999,999 3.50 97.72 5.47 5.50 5.52
10,000-24,999 1,000,000- 2,499,999 3.00 97.22 5.49 5.53 5.55
25,000-49,999 2,500,000- 4,999,999 2.50 96.72 5.52 5.56 5.58
50,000 and over 5,000,000 and over 2.00 96.22 5.55 5.58 5.60
</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 % $ 99.16 5.47% 5.50% 5.52%
500-999 50,000-99,999 4.75 99.00 5.47 5.50 5.52
1,000-2,499 100,000-249,999 4.50 98.74 5.49 5.52 5.54
2,500-4,999 250,000-499,999 4.25 98.49 5.50 5.53 5.55
5,000-9,999 500,000-999,999 3.50 97.72 5.55 5.58 5.60
10,000-24,999 1,000,000- 2,499,999 3.00 97.22 5.58 5.61 5.63
25,000-49,999 2,500,000- 4,999,999 2.50 96.72 5.61 5.64 5.66
50,000 and over 5,000,000 and over 2.00 96.22 5.64 5.66 5.68
</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 Date of Deposit. The estimated
current return for purchases made on such date will be as shown, as long as
the portfolio size and composition remain the same.
(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 1995 1996 per Year +
<S> <C> <C> <C> <C> <C>
---------------------------------------------------------------------------------------------------- --------------
Record Date*.......................... 5/1 8/1 11/1 2/1
Distribution Date..................... 5/15 8/15 11/15 2/15
--------------------------------------------------------------------------------------------------------------------
Monthly Distribution Plan............. $ .4745(1) $ 5.3413
-------- $.4449 every month --------
Quarterly Distribution Plan........... $ .4745(1) $ 1.3428(2) $ 1.3428 $ 1.3428 $ 5.3733
Semi-Annual Distribution Plan......... $ .4745(1) $ 2.6946(3) $ 5.3923
--------------------------------------------------------------------------------------------------------------------
<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) Regular 3-month distribution.
(3) Regular 6-month distribution.
</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 $.09 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 $.01483 per unit per day.
Consequently, on the first Record Date (05/01/95), accrued interest will total
$0.4745 per unit for the 32-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 05/01/95 is $.4745 per unit.
After the first Record Date daily rates of accrual are:
Monthly - $0.01483 Quarterly - $0.01492
Semi-Annual - $0.01497
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.
--------------------------------------------------------------------------------
793
<PAGE>
-------------------------------------------------------
AVERAGE PORTFOLIO LIFE The average maturity of portfolio bonds is 26.6 years.
The first bond is scheduled to mature in June, 2015, with the last bond maturity
being December, 2034.
-------------------------------------------------------
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.
-------------------------------------------------------
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FEDERAL
DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE BOARD OR ANY OTHER AGENCY AND
INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL.
-------------------------------------------------------
* 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.
<PAGE>
NUVEEN Tax-Exempt Unit Trusts
NUVEEN
GEORGIA
INSURED
TRUST 44
Estimated Current Return
First
Year: 5.28% to 5.49%
Subsequent
Years: 5.30% to 5.51%
as of 03/28/95
Estimated Long Term Return
5.41% to 5.63%
35,000 units in a
diversified $3,500,000
portfolio of tax-exempt
bonds rated "AAA"
Cusip:
67101M 611 Monthly Payment Option
67101M 629 Quarterly Payment Option
67101M 637 Semi-Annual Payment Option
Registered in Georgia
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, GEORGIA INSURED TRUST 44
SCHEDULE OF INVESTMENTS
DATE OF DEPOSIT MARCH 29, 1995
--------------------------------------------------------------------------------
<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 Metropolitan Atlanta Rapid Transit Authority (Georgia), No Optional AAA Aaa
Sales Tax Revenue Bonds, Refunding Series P, 6.25% Due Call
7/1/20.
500,000 Cobb-Marietta Coliseum and Exhibit Hall Authority (Georgia), No Optional AAA Aaa
Revenue Refunding Bonds, Series 1993, 5.625% Due 10/1/26. Call
500,000 Development Authority of DeKalb County (Georgia), University 2004 at 102 AAA Aaa
Revenue Bonds (Emory University Project), Series 1994A,
5.90% Due 10/1/15.
500,000 DeKalb County, Georgia, Water and Sewerage Revenue Bonds, 2003 at 102 AAA Aaa
Series 1993, 5.25% Due 10/1/23.
100,000 The Fulton-DeKalb Hospital Authority (Georgia), Revenue 2003 at 102 AAA Aaa
Refunding Certificates, Series 1993, 5.50% Due 1/1/20.
(Original issue discount bonds delivered on or about June
15, 1993 at a price of 94.499% of principal
amount.)(General Obligation Bonds.)
500,000 The Medical Center Hospital Authority (Georgia), Revenue 2003 at 102 AAA Aaa
Anticipation Certificates (Columbus Regional Healthcare
System, Inc. Health and Human Services Project), Series
1993, 5.00% Due 8/1/13.
385,000 Private Colleges and Universities Authority Revenue Bonds 2003 at 102 AAA Aaa
(Georgia) (Agnes Scott College Project), Series 1993,
5.50% Due 6/1/13.
515,000 Commonwealth of Puerto Rico, Public Improvement Refunding 2003 at 100 AAA Aaa
Bonds, Series 1993 (General Obligation Bonds.), 5.00% Due
7/1/21. (Original issue discount bonds delivered on or
about July 15, 1993 at a price of 90.01% of principal
amount.)
----------
$3,500,000
----------
----------
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
UNIT PRICE, ESTIMATED CURRENT RETURN AND ESTIMATED LONG TERM RETURN DEPEND ON
AMOUNT PURCHASED AND PAYMENT OPTION The sales charges/volume discounts below
apply on all concurrent purchases of any Nuveen trust units, unless any such
purchases are made by a class of investors for which a separate sales charge is
applicable as described more fully in the Prospectus. 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 % $ 99.66 (5.28%) 5.30% (5.31%) 5.33% (5.33%) 5.35%
500-999 50,000-99,999 4.75 99.51 (5.28) 5.31 (5.32) 5.34 (5.33) 5.36
1,000-2,499 100,000-249,999 4.50 99.25 (5.30) 5.32 (5.33) 5.35 (5.35) 5.37
2,500-4,999 250,000-499,999 4.25 98.99 (5.31) 5.33 (5.34) 5.37 (5.36) 5.39
5,000-9,999 500,000-999,999 3.50 98.22 (5.35) 5.38 (5.39) 5.41 (5.40) 5.43
10,000-24,999 1,000,000- 2,499,999 3.00 97.71 (5.38) 5.40 (5.41) 5.44 (5.43) 5.46
25,000-49,999 2,500,000- 4,999,999 2.50 97.21 (5.41) 5.43 (5.44) 5.47 (5.46) 5.48
50,000 and over 5,000,000 and over 2.00 96.71 (5.44) 5.46 (5.47) 5.49 (5.49) 5.51
</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 % $ 99.66 5.41% 5.44% 5.46%
500-999 50,000-99,999 4.75 99.51 5.42 5.45 5.46
1,000-2,499 100,000-249,999 4.50 99.25 5.43 5.46 5.48
2,500-4,999 250,000-499,999 4.25 98.99 5.45 5.47 5.49
5,000-9,999 500,000-999,999 3.50 98.22 5.49 5.52 5.54
10,000-24,999 1,000,000- 2,499,999 3.00 97.71 5.52 5.55 5.57
25,000-49,999 2,500,000- 4,999,999 2.50 97.21 5.55 5.58 5.60
50,000 and over 5,000,000 and over 2.00 96.71 5.58 5.61 5.63
</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
Georgia Insured Trust 1995 1996 per Year +
<S> <C> <C> <C> <C> <C>
---------------------------------------------------------------------------------------------------- --------------
Record Date*.......................... 5/1 8/1 11/1 2/1
Distribution Date..................... 5/15 8/15 11/15 2/15
--------------------------------------------------------------------------------------------------------------------
Monthly Distribution Plan............. $ .4691(1) $ 5.2808
-------- $.4398 every month --------
Quarterly Distribution Plan........... $ .4691(1) $ 1.3275(2) $ 1.3275 $ 1.3275 $ 5.3128
Semi-Annual Distribution Plan......... $ .4691(1) $ 2.6658(3) $ 5.3318
--------------------------------------------------------------------------------------------------------------------
<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) Regular 3-month distribution.
(3) Regular 6-month distribution.
</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 $.09 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 $.01466 per unit per day.
Consequently, on the first Record Date (05/01/95), accrued interest will total
$0.4691 per unit for the 32-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 05/01/95 is $.4691 per unit.
After the first Record Date daily rates of accrual are:
Monthly - $0.01466 Quarterly - $0.01475
Semi-Annual - $0.01481
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.
--------------------------------------------------------------------------------
793
<PAGE>
-------------------------------------------------------
AVERAGE PORTFOLIO LIFE The average maturity of portfolio bonds is 24.3 years.
The first bond is scheduled to mature in June, 2013, with the last bond maturity
being October, 2026.
-------------------------------------------------------
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.
-------------------------------------------------------
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FEDERAL
DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE BOARD OR ANY OTHER AGENCY AND
INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL.
-------------------------------------------------------
* 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.