Unit Trusts

UIT

North American Dividend Builders Portfolio, 4Q 2012



Portfolio Holdings

NameSymbolSectorWeight
GREAT-WEST LIFECO INCGWO CNFinancials2.67 %
POWER FINANCIAL CORPPWF CNFinancials2.66 %
DH CORPDH CNFinancials2.66 %
SUN LIFE FINANCIAL INCSLF CNFinancials2.65 %
AT&T INCTTelecommunication Services2.07 %
MARATHON PETROLEUM CORPMPCEnergy1.85 %
SYSCO CORPSYYConsumer Staples1.84 %
EXXON MOBIL CORPXOMEnergy1.83 %
CONAGRA FOODS INCCAGConsumer Staples1.83 %
CHEVRON CORPCVXEnergy1.83 %
OCCIDENTAL PETROLEUM CORPOXYEnergy1.83 %
ACCENTURE PLC-CL AACNInformation Technology1.82 %
AUTOMATIC DATA PROCESSINGADPInformation Technology1.82 %
HJ HEINZ COHNZConsumer Staples1.82 %
MICROSOFT CORPMSFTInformation Technology1.80 %
CISCO SYSTEMS INCCSCOInformation Technology1.80 %
XILINX INCXLNXInformation Technology1.80 %
CORNING INCGLWInformation Technology1.80 %
CA INCCAInformation Technology1.80 %
PHILIP MORRIS INTERNATIONALPMConsumer Staples1.79 %
MANITOBA TELECOM SVCS INCMBT CNTelecommunication Services1.75 %
MERCK & CO. INC.MRKHealth Care1.65 %
PFIZER INCPFEHealth Care1.65 %
BRISTOL-MYERS SQUIBB COBMYHealth Care1.64 %
Johnson & JohnsonJNJHealth Care1.63 %
ELI LILLY & COLLYHealth Care1.61 %
CORUS ENTERTAINMENT INC-B SHCJR/B CNConsumer Discretionary1.51 %
GIBSON ENERGY INCGEI CNEnergy1.24 %
INTER PIPELINE FUND LP-AIPL-U CN Energy1.23 %
MULLEN GROUP LTDMTL CNEnergy1.23 %
SUNCOR ENERGY INCSU CNEnergy1.22 %
HUSKY ENERGY INCHSE CNEnergy1.21 %
CANADIAN OIL SANDS LTDCOS CNEnergy1.21 %
CENOVUS ENERGY INCCVE CNEnergy1.21 %
BLACKROCK INCBLKFinancials1.19 %
Raytheon CompanyRTNIndustrials1.14 %
PRUDENTIAL FINANCIAL INCPRUFinancials1.13 %
LOCKHEED MARTIN CORPLMTIndustrials1.13 %
METLIFE INCMETFinancials1.12 %
PNC FINANCIAL SERVICES GROUPPNCFinancials1.12 %
BB&T CORPBBTFinancials1.12 %
INVESCO LTDIVZFinancials1.12 %
WELLS FARGO & COWFCFinancials1.11 %
HUNTINGTON BANCSHARES INCHBANFinancials1.11 %
NYSE EURONEXTNYXFinancials1.11 %
PACCAR INCPCARIndustrials1.10 %
NORTHROP GRUMMAN CORPNOCIndustrials1.10 %
EMERSON ELECTRIC COEMRIndustrials1.09 %
GENERAL DYNAMICS CORPGDIndustrials1.09 %
ELDORADO GOLD CORPELD CNMaterials1.08 %
SEMAFO INCSMF CNMaterials1.07 %
MAJOR DRILLING GROUP INTLMDI CNMaterials1.07 %
AGRIUM INCAGU CNMaterials1.06 %
AGNICO EAGLE MINES LTDAEM CNMaterials1.06 %
SILVER WHEATON CORPSLW CNMaterials1.05 %
SHOPPERS DRUG MART CORPSC CNConsumer Staples1.02 %
CAE INCCAE CNIndustrials1.01 %
MCDONALDS CORPMCDConsumer Discretionary0.98 %
RUSSEL METALS INCRUS CNIndustrials0.98 %
GENUINE PARTS COGPCConsumer Discretionary0.96 %
INTERPUBLIC GROUP OF COS INCIPGConsumer Discretionary0.95 %
COACH INCCOHConsumer Discretionary0.95 %
OMNICOM GROUPOMCConsumer Discretionary0.95 %
H&R BLOCK INCHRBConsumer Discretionary0.94 %
STARWOOD HOTELS & RESORTSHOTConsumer Discretionary0.93 %
KOHLS CORPKSSConsumer Discretionary0.93 %
INTL FLAVORS & FRAGRANCESIFFMaterials0.79 %
DU PONT (E.I.) DE NEMOURSDDMaterials0.78 %
FIRSTENERGY CORPFEUtilities0.77 %
DUKE ENERGY CORPDUKUtilities0.77 %
TECO ENERGY INCTEUtilities0.77 %
DOW CHEMICAL CO/THEDOWMaterials0.76 %
JUST ENERGY GROUP INCJE CNUtilities0.63 %
CATAMARAN CORPCCT CNHealth Care0.59 %
MACDONALD DETTWILER & ASSOCMDA CNInformation Technology0.41 %

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. Accordingly, 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 dividend may vary over time.

Stocks of small 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.

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 financial sector. There are certain risks specific to the financials sector including the potential adverse effects of economic recession, volatile interest rates, and state and federal regulations.

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.

This trust invests in securities issued by issuers operating in Canada and is subject to Canadian country risk and may be particularly susceptible to changes in the political, diplomatic and economic conditions of Canada.

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.

The portfolio was selected on the basis of data as of a given date and used values that can be calculated differently.

The stocks in the portfolio are not weighted in the same manner as the basket.

NOT FDIC INSURED - NOT BANK GUARANTEED - MAY LOSE VALUE

Incapital Unit Trust, Series 14, is a unit investment trust that consists of the North American Dividend Builders Portfolio, 4Q 2012. Incapital LLC serves as the Sponsor to the Trust.

The portfolio is not sponsored, endorsed, sold or promoted by Goldman Sachs. Goldman Sachs makes no representation or warranty, express or implied, regarding (i) the advisability of investing in the portfolio, (ii) the ability of the portfolio to track the basket performance, or (iii) the reliability and accuracy of the information from third parties used to calculate the basket. Goldman Sachs’ only relationship to Incapital in connection with the Trust is the grant of a license and the payment of certain start-up costs and expenses for the trust, which is composed and calculated by Goldman Sachs, or its agent, without regard to Incapital or the portfolio. Goldman Sachs has no obligation, involvement or liability in connection with the selection, administration, marketing or trading of the portfolio. Incapital and Goldman Sachs have other business relationships which include Goldman Sachs providing investment products, such as structured notes, structured bank certificates of deposit and insurance products, for distribution by Incapital to its clients. In addition, as of the date of the prospectus and as disclosed therein, Goldman Sachs holds a minority, non-voting membership interest in the parent company of Incapital, LLC.

Goldman Sachs is not responsible for any investment decisions, damages or other losses resulting from use of the portfolio or any information provided in conjunction with it. Goldman Sachs does not guarantee the accuracy, completeness or timeliness of the portfolio methodology or any portion of it and will not be liable for any errors, omissions or interruptions arising from its use. Goldman Sachs makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use, with respect to the portfolio methodology or any portion of it.

“Standard & Poor’s®,” “S&P®” and “S&P/TSX Composite®” are registered trademarks of Standard & Poor’s Financial Services LLC (“Standard & Poor’s”). The basket is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s does not make any representation regarding the advisability of investing in the securities.

© 2012 Goldman Sachs. All rights reserved.


Trust Summary

Trust NameNorth American Dividend Builders Portfolio, 4Q 2012
Series Name4Q 2012
Trust SymbolNDB4Q12
Nasdaq SymbolINNDAX
Trust StatusTerminated
Initial Offer Date12/03/2012
Termination Date03/07/2014
First Income Record Date12/18/2012
Distibution FrequencyMonthly
Tax StructureRIC
Liquidation Price1$11.5550
Cash CUSIP45327B106
Reinvest CUSIP45327B114
Fee Cash CUSIP45327B122
Fee Reinvest CUSIP45327B130

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.

Not registered?

Register for access to investment team commentary, detailed portfolio information, and other advisor resources. For instant access, register now.

Your Contacts

Our goal is to deliver lasting value to our clients. For assistance, please call or email our advisor service team or contact your personal Nuveen Service Team.

Log in to nuveen.com to access your personal Nuveen Service Team.

Financial Advisors

800-752-8700
Email

Registered Investment Advisors

800-558-4487

Account Access

For more information on Mutual Fund Vision, FAN Mail, or accessing client accounts, please visit our advisor account access page.

Advisor Access

Investor Access