There is no assurance that a unit investment trust will achieve its investment objective. An investment in a 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. Accordingly, you can lose money investing in a trust.
Teachers Advisors, Inc., Nuveen Asset Management, LLC, Symphony Asset Management LLC, and NWQ Investment Management Company, LLC, registered investment advisers and affiliates of Nuveen Investments serve as the portfolio consultants responsible for recommending a portfolio of securities for certain unit investment trusts. Argus Investors Counsel, Bank of America Merrill Lynch, Morningstar Investment Services, Inc., Prospect Capital Management L.P., Zacks Investment Research, ARK Investment Management (“ARK”), and KKM Financial, LLC also provide portfolio consulting services for various unit investment trusts but are not affiliated with Nuveen, LLC or its affiliates.