Unit Trusts


Incapital Formula 30 S&P Portfolio, 4Q 2015

Portfolio Holdings

Philip Morris International Inc.PMConsumer Staples4.49 %
National Oilwell Varco, Inc.NOVEnergy4.48 %
Realty Income CorporationOFinancials4.47 %
Entergy CorporationETRUtilities4.47 %
Helmerich & Payne, Inc.HPEnergy4.47 %
Verizon Communications Inc.VZTelecommunication Services4.47 %
Chevron CorporationCVXEnergy4.46 %
Navient CorporationNAVIFinancials4.46 %
The Southern CompanySOUtilities4.45 %
Welltower Inc.HCNFinancials4.44 %
Murphy Oil CorporationMUREnergy4.41 %
NRG Energy, Inc.NRGUtilities4.37 %
Host Hotels & Resorts, Inc.HSTFinancials3.15 %
FirstEnergy Corp.FEUtilities3.12 %
Duke Energy CorporationDUKUtilities3.10 %
ONEOK, Inc.OKEEnergy2.82 %
The Williams Companies, Inc.WMBEnergy2.81 %
AT&T Inc.TTelecommunication Services2.79 %
Iron Mountain IncorporatedIRMFinancials2.79 %
Mattel, Inc.MATConsumer Discretionary2.79 %
Kinder Morgan, Inc.KMIEnergy2.78 %
HCP, Inc.HCPFinancials2.78 %
Spectra Energy CorpSEEnergy2.77 %
Ventas, Inc. VTRFinancials2.76 %
ConocoPhillipsCOPEnergy2.74 %
Garmin Ltd. GRMNConsumer Discretionary1.90 %
CenterPoint Energy, Inc.CNPUtilities1.88 %
CenturyLink, Inc.CTLTelecommunication Services1.87 %
Seagate Technology Public Limited CompanySTXInformation Technology1.86 %
Frontier Communications CorporationFTRTelecommunication Services1.85 %

Data used for the Portfolio Holdings and Portfolio Allocation Characteristics is from Bloomberg Finance L.P. Portfolio holdings are provided for informational purposes only and should not be deemed as a recommendation to buy or sell individual securities. Portfolio Holdings and Portfolio Allocation Characteristics are as of deposit day and are subject to change and may vary thereafter.

The style and capitalization characteristics are designed to help investors understand how they fit into an overall investment plan. Value, blend and growth are types of investment styles. Growth Investing generally seeks stocks that offer the potential for greater-than-average earnings growth, and may entail greater risk than value or blend investing. Value investing generally seeks stocks that may be sound investments but are temporarily out of favor in the marketplace, and may entail less risk than growth investing. A blend investment combines the two styles. Market capitalization is determined by the following criteria: Large Cap: Greater than $10 billion, Mid Cap: $2 billion-$10 billion, Small Cap: $250 million-$2 billion Micro Cap: Below $250 million.

This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her advisors.

Risk Considerations
There is no assurance that a unit investment trust will achieve its investment objective. An investment in this unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. This trust is unmanaged. You can lose money investing in this trust.

Common stocks do not assure dividend payments. Dividends are paid only when declared by an issuer’s board of directors and the amount of any issuer’s dividend may vary from time to time.
A portfolio concentrated in a single market sector may present more risk than a portfolio broadly diversified over several sectors.

This trust is concentrated in the energy sector. There are certain risks specific to the energy sector, including the potential adverse effect of state and federal regulation, increasing costs of natural resources, commodity price risk, supply and demand risk, depletion risk and exploration risk.

The trust holds a relatively small number of securities. You may encounter more price volatility than would occur in an investment diversified among a greater number of securities.

Stocks of mid-cap companies are often more volatile than those of larger companies as a result of several factors such as limited trading volumes, products or financial resources, management inexperience and less publicly available information.
This trust invests in REITs and real estate companies. Many factors can have an impact on the performance of REITs and real estate companies, including cash available for distribution, the credit quality of a particular REIT, or the real estate industry in general. Risks associated with ownership of real estate include global and local economic conditions, decline in real estate values, changes in interest rates, and the strength or weakness of the real estate market.

Investing in foreign securities involves certain risks not typically associated with investing solely in the United States. This may magnify volatility due to changes in foreign exchange rates, the political and economic uncertainties in foreign countries, U.S. or foreign tax treatment, and the potential lack of liquidity, government supervision and regulation.

Although this trust’s life is approximately 15 months, this strategy should be considered as part of a long-term investment strategy and investors should consider their ability to pursue investing in successive portfolios at the applicable sales charge, if available. There may be tax consequences associated with an investment from one series to the next unless units are purchased in an IRA or other qualified tax-deferred account. Investors should consult their tax advisor or attorney to determine tax consequences associated with an investment from one portfolio to the next.


Incapital Unit Trust, Series 105, is a unit investment trust that consists of multiple portfolios, including the Incapital Formula 30 S&P Portfolio, 4Q 2015. Nuveen Securities, LLC serves as the Trust’s sponsor and Nuveen Fund Advisors, LLC serves as the Trust’s evaluator and supervisor.
The Trust is distributed by Nuveen Securities, LLC, a subsidiary of Nuveen, LLC. All marketing materials have been prepared by Nuveen.

The Dow Jones Industrial Average® (the“Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), which affiliates include its subsidiary S&P Opco, LLC (“S&P Opco”), and has been licensed for use by Incapital and is an unmanaged index generally representative of the U.S. stock market. The Dow Jones Industrial Average (DJIA) is a price-weighted index of the 30 largest, most widely held stocks traded on the New York Stock Exchange. It is not possible to invest directly in an index. The trust, based on the Dow Jones Industrial Average Index, is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC or its affiliates and none of them makes any representation regarding the advisability of investing in such product.

Incapital is not affiliated with Nuveen, LLC.

Trust Summary

Trust NameIncapital Formula 30 S&P Portfolio, 4Q 2015
Series Name4Q 2015
Trust SymbolIFS4Q15
Nasdaq SymbolINIFSX
Trust StatusTerminated
Initial Offer Date12/15/2015
Termination Date03/14/2017
First Income Record Date01/10/2016
Distibution FrequencyMonthly
Tax StructureGrantor Trust
Liquidation Price1$11.8145
Cash CUSIP45333A506
Reinvest CUSIP45333A605
Fee Cash CUSIP45333A704
Fee Reinvest CUSIP45333A803

1. Represents the value per unit that a unitholder would receive if the unitholder redeemed or sold units. This price is equal to the net asset value per unit plus any remaining organization costs and creation & development fee. This price reflects any remaining non-contingent deferred sales charges payable in connection with a liquidation of units.

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