Unit Trusts

UIT

Incapital Najarian Heat Seeker Portfolio, 1Q 2016



Portfolio Holdings

NameSymbolSectorWeight
Alphabet Inc.GOOGInformation Technology2.72 %
Amgen Inc.AMGNHealth Care2.55 %
The Sherwin-Williams CompanySHWMaterials2.54 %
Honeywell International Inc.HONIndustrials2.54 %
3M CompanyMMMIndustrials2.54 %
BlackRock, Inc.BLKFinancials2.53 %
Johnson & JohnsonJNJHealth Care2.52 %
Vertex Pharmaceuticals Incorporated VRTXHealth Care2.51 %
Target CorporationTGTConsumer Discretionary2.51 %
The Home Depot, Inc.HDConsumer Discretionary2.51 %
Microsoft CorporationMSFTInformation Technology2.50 %
The Walt Disney CompanyDISConsumer Discretionary2.50 %
Chevron CorporationCVXEnergy2.50 %
The Procter & Gamble CompanyPGConsumer Staples2.50 %
The Dow Chemical CompanyDOWMaterials2.50 %
FedEx CorporationFDXIndustrials2.50 %
Canadian Pacific Railway LimitedCPIndustrials2.50 %
Morgan StanleyMSFinancials2.50 %
Apple Inc.AAPLInformation Technology2.50 %
Citigroup Inc.CFinancials2.50 %
Verizon Communications Inc.VZTelecommunication Services2.49 %
General Electric CompanyGEIndustrials2.49 %
Wells Fargo & CompanyWFCFinancials2.49 %
The Charles Schwab CorporationSCHWFinancials2.49 %
U.S. BancorpUSBFinancials2.49 %
Pfizer Inc.PFEHealth Care2.49 %
Bank of America CorporationBACFinancials2.49 %
Exxon Mobil CorporationXOMEnergy2.48 %
Visa Inc.VInformation Technology2.48 %
AT&T Inc.TTelecommunication Services2.48 %
Intel CorporationINTCInformation Technology2.48 %
Schlumberger LimitedSLBEnergy2.47 %
NIKE, Inc.NKEConsumer Discretionary2.47 %
Delta Air Lines, Inc.DALIndustrials2.47 %
Halliburton CompanyHALEnergy2.47 %
Anadarko Petroleum CorporationAPCEnergy2.47 %
Reynolds American Inc. RAIConsumer Staples2.47 %
McKesson CorporationMCKHealth Care2.46 %
United Parcel Service, Inc.UPSIndustrials2.45 %
The Clorox CompanyCLXConsumer Staples2.45 %

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.

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 123, is a unit investment trust that consists of the Incapital Najarian Heat Seeker Portfolio, 1Q 2016. Nuveen Securities, LLC serves as the Trust’s sponsor and Nuveen Fund Advisors, LLC serves as the Trust’s evaluator and supervisor.

KKM Financial, LLC provides the Trust with portfolio consulting services. KKM Financial, LLC is not affiliated with Nuveen, LLC. The Trust is distributed by Nuveen Securities, LLC, a subsidiary of Nuveen, LLC. All marketing materials have been prepared by Nuveen.

Incapital, LLC is not affiliated with Nuveen, LLC.

NOT FDIC INSURED - NOT BANK GUARANTEED - MAY LOSE VALUE


Trust Summary

Trust NameIncapital Najarian Heat Seeker Portfolio, 1Q 2016
Series Name1Q 2016
Trust SymbolNHS1Q16
Nasdaq SymbolINNHCX
Trust StatusTerminated
Initial Offer Date03/18/2016
Termination Date06/16/2017
First Income Record Date06/10/2016
Distibution FrequencyQuarterly
Tax StructureRIC
Liquidation Price1$11.1308
Cash CUSIP45335F107
Reinvest CUSIP45335F115
Fee Cash CUSIP45335F123
Fee Reinvest CUSIP45335F131

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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