Unit Trusts


Nuveen Core Real Estate Securities Portfolio, 2Q 2015

Portfolio Holdings

Simon Property Group, Inc.SPGFinancials7.98 %
Avalonbay Communities, Inc.AVBFinancials4.77 %
Equity ResidentialEQRFinancials4.76 %
National Retail Properties Inc.NNNFinancials4.75 %
Welltower Inc.HCNFinancials4.73 %
Essex Property Trust, Inc.ESSFinancials4.55 %
General Growth Properties, Inc.GGPFinancials4.50 %
SL Green Realty Corp.SLGFinancials4.49 %
Boston Properties, Inc.BXPFinancials3.53 %
Vornado Realty TrustVNOFinancials3.50 %
Extra Space Storage Inc.EXRFinancials3.49 %
Prologis, Inc.PLDFinancials3.00 %
Ventas, Inc.VTRFinancials2.73 %
Public StoragePSAFinancials2.72 %
DiamondRock Hospitality CompanyDRHFinancials1.75 %
Sunstone Hotel Investors, Inc.SHOFinancials1.75 %
Federal Realty Investment TrustFRTFinancials1.53 %
Pebblebrook Hotel TrustPEBFinancials1.51 %
Regency Centers CorporationREGFinancials1.51 %
PS Business Parks, Inc.PSBFinancials1.50 %
RLJ Lodging TrustRLJFinancials1.50 %
Hersha Hospitality TrustHTFinancials1.49 %
Kilroy Realty CorporationKRCFinancials1.26 %
Terreno Realty CorpTRNOFinancials1.25 %
Acadia Realty TrustAKRFinancials1.25 %
Douglas Emmett, Inc.DEIFinancials1.25 %
Equity One, Inc.EQYFinancials1.00 %
Host Hotels & Resorts Inc.HSTFinancials1.00 %
Healthcare Trust of America, Inc.HTAFinancials1.00 %
Physicians Realty TrustDOCFinancials1.00 %
Highwoods Properties, Inc.HIWFinancials1.00 %
First Industrial Realty Trust, Inc.FRFinancials1.00 %
National Health Investors, Inc.NHIFinancials1.00 %
UDR, Inc.UDRFinancials1.00 %
Kimco Realty CorporationKIMFinancials1.00 %
Medical Properties Trust Inc.MPWFinancials1.00 %
DCT Industrial Trust Inc.DCTFinancials1.00 %
Liberty Property TrustLPTFinancials1.00 %
Equity LifeStyle Properties, Inc.ELSFinancials0.99 %
DDR Corp.DDRFinancials0.99 %
American Tower Corp.AMTFinancials0.98 %
Omega Healthcare Investors, Inc.OHIFinancials0.76 %
Taubman Centers, Inc.TCOFinancials0.76 %
Camden Property TrustCPTFinancials0.75 %
Sovran Self Storage, Inc.SSSFinancials0.75 %
Kite Realty Group TrustKRGFinancials0.75 %
Duke Realty CorporationDREFinancials0.75 %
The Macerich CompanyMACFinancials0.73 %
American Campus Communities, Inc.ACCFinancials0.51 %
Cousins Properties IncorporatedCUZFinancials0.50 %
Empire State Realty Trust Inc.ESRTFinancials0.50 %
Tanger Factory Outlet Centers, Inc.SKTFinancials0.49 %
Blackstone Mortgage Trust, Inc.BXMTFinancials0.25 %
Starwood Property Trust, Inc.STWDFinancials0.25 %
Colony Capital, Inc.CLNYFinancials0.24 %

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 dividend may vary over time. There can be no guarantee dividend payments from securities held in the trust, if any, will increase or that dividend yield on securities in the trust will be greater than the yield of any index mentioned herein.

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 financials 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.

This trust is concentrated in the real estate industry. Many factors and risks have an impact on the performance of real estate investments and securities, including interest rates, credit quality, global and local economic conditions, land development, competition for tenants, declining occupancy rates, tenant defaults, the mortgage and lending markets, oversupply or reduced demand for space where the properties are located, changes in tax and zoning laws as well as increases in operating, insurance, maintenance and improvement costs. Many costs associated with owning and operating real estate are fixed even when revenues from the properties are declining. Additionally, real estate development activities are subject to various risks, including excess construction costs, unfavorable financing terms, construction delays, changing market conditions and other challenges.

This trust invests in REITs. REITs are real estate investments that own and/or operate income-producing real estate properties and real estate-related assets. The success or failure of a REIT depends in part on the success or failure of its underlying real estate holdings. REIT shares do not assure dividend payments. The potential distribution sources from underlying REIT investments include net investment income and non-income sources such as realized capital gains and return of investor’s capital. Any images contained within this material are not intended to, and do not, represent any actual real estate investment of this unit trust or any underlying holding of any REIT within this portfolio.

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.

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 accounts. 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 82, is a unit investment trust that consists of the Nuveen Core Real Estate Securities Portfolio, 2Q 2015. Nuveen Securities, LLC serves as the Trust’s sponsor and Nuveen Fund Advisors, LLC serves as the Trust’s evaluator and supervisor.

MSCI U.S. REIT Index tracks the performance of real estate investment trusts. S&P 500 Index® measures the performance of large capitalization U.S. stocks. “Standard & Poor’s®”, “S&P®” and “S&P 500®” are registered trademarks of Standard & Poor’s Financial Services LLC (“Standard & Poor’s”). Barclays U.S. Aggregate Bond Index tracks the performance of U.S.investment grade bonds.

The funds or securities referred to herein are not sponsored, endorsed, issued, sold or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Incapital LLC and any related funds.

Nuveen Asset Management, LLC provides the trust with portfolio consulting services. Nuveen Asset Management, LLC is a registered investment adviser and subsidiary of Nuveen, LLC. The Trust is distributed by Nuveen Securities, LLC, a subsidiary of Nuveen, LLC. Nuveen Asset Management, LLC name and logo are registered marks of Nuveen, LLC.

Trust Summary

Trust NameNuveen Core Real Estate Securities Portfolio, 2Q 2015
Series Name2Q 2015
Trust SymbolNRE2Q15
Nasdaq SymbolINNRCX
Trust StatusTerminated
Initial Offer Date06/17/2015
Termination Date09/16/2016
First Income Record Date09/10/2015
Distibution FrequencyQuarterly
Tax StructureRIC
Liquidation Price1$10.4654
Cash CUSIP45330Q108
Reinvest CUSIP45330Q116
Fee Cash CUSIP45330Q124
Fee Reinvest CUSIP45330Q132

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


Registered Investment Advisors


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