0001193125-12-477030.txt : 20121120 0001193125-12-477030.hdr.sgml : 20121120 20121120130745 ACCESSION NUMBER: 0001193125-12-477030 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20121120 DATE AS OF CHANGE: 20121120 EFFECTIVENESS DATE: 20121120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN INVESTMENT FUNDS INC CENTRAL INDEX KEY: 0000820892 IRS NUMBER: 411418224 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-16905 FILM NUMBER: 121217330 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: FIRST AMERICAN INVESTMENT FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SECURAL MUTUAL FUNDS INC DATE OF NAME CHANGE: 19910627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN INVESTMENT FUNDS INC CENTRAL INDEX KEY: 0000820892 IRS NUMBER: 411418224 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-05309 FILM NUMBER: 121217331 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: FIRST AMERICAN INVESTMENT FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SECURAL MUTUAL FUNDS INC DATE OF NAME CHANGE: 19910627 0000820892 S000005544 Nuveen High Income Bond Fund C000015076 Class A FJSIX C000015077 Class B FJSBX C000015078 Class C FCSIX C000015079 Class R3 FANSX C000015080 Class I FJSYX 0000820892 S000005545 Nuveen Inflation Protected Securities Fund C000015081 Class A FAIPX C000015082 Class C FCIPX C000015083 Class R3 FRIPX C000015084 Class I FYIPX 0000820892 S000005546 Nuveen Intermediate Government Bond Fund C000015085 Class A FIGAX C000015086 Class I FYGYX C000081079 Class C FYGCX C000081080 Class R3 FYGRX 0000820892 S000005548 Nuveen Intermediate Term Bond Fund C000015089 Class A FAIIX C000015090 Class I FINIX C000096213 Class C NTIBX 0000820892 S000005566 Nuveen Short Term Bond Fund C000015156 Class A FALTX C000015157 Class I FLTIX C000081083 Class C FBSCX C000104758 Class R3 NSSRX 0000820892 S000005573 Nuveen Strategic Income Fund C000015185 Class A FCDDX C000015186 Class B FCBBX C000015187 Class C FCBCX C000015188 Class R3 FABSX C000015189 Class I FCBYX 0000820892 S000005578 Nuveen Core Plus Bond Fund C000015203 Class A FAFIX C000015204 Class B FFIBX C000015205 Class C FFAIX C000015206 Class R3 FFISX C000015207 Class I FFIIX 485BPOS 1 d416239d485bpos.htm NUVEEN INVESTMENT FUNDS, INC. Nuveen Investment Funds, Inc.

As filed with the Securities and Exchange Commission on November 20, 2012

1933 Act Registration No. 033-16905

1940 Act Registration No. 811-05309

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form N-1A

 

REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933
   ¨     
Pre-Effective Amendment No.            ¨     
Post-Effective Amendment No. 134    þ     
and/or   
REGISTRATION STATEMENT UNDER THE
INVESTMENT COMPANY ACT OF 1940
  
Amendment No. 134    þ     

 

 

Nuveen Investment Funds, Inc.

(Exact Name of Registrant as Specified in Charter)

333 West Wacker Drive

Chicago, IL 60606

(Address of Principal Executive Offices) (Zip Code)

(312) 917-7700

(Registrant’s Telephone Number, Including Area Code):

 

Kevin J. McCarthy

Vice President and Secretary

333 West Wacker Drive

Chicago, Illinois 60606
(Name and Address of Agent for Service)

  

Copies to:

Eric F. Fess

Chapman and Cutler LLP

111 West Monroe Street

Chicago, Illinois 60603

Approximate Date of Proposed Public Offering: As soon as practicable after effectiveness.

It is proposed that this filing will become effective (check appropriate box):

 

x   immediately upon filing pursuant to paragraph (b)   ¨        on (date) pursuant to paragraph (a)(1)
¨   on (date), 2012 pursuant to paragraph (b)   ¨        75 days after filing pursuant to paragraph (a)(2)
¨   60 days after filing pursuant to paragraph (a)(1)   ¨        on (date) pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

 

¨ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

 


This filing relates solely to the following Funds, each a series of the Registrant:

 

Nuveen Core Plus Bond Fund   
Nuveen High Income Bond Fund   
Nuveen Inflation Protected Securities Fund   
Nuveen Intermediate Government Bond Fund   
Nuveen Intermediate Term Bond Fund   
Nuveen Short Term Bond Fund   
Nuveen Strategic Income Fund   


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this registration statement under Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this post-effective amendment to its registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Chicago and State of Illinois, on the 20th day of November, 2012.

 

NUVEEN INVESTMENT FUNDS, INC.
  /s/    KEVIN J. MCCARTHY        
  Kevin J. McCarthy
  Vice President and Secretary

Pursuant to the requirements of the Securities Act of 1933, as amended, this post-effective amendment to the registration statement has been signed below by the following persons in the capacities and on the date indicated.

 

Signature

  

Title

          

Date

/s/    STEPHEN D. FOY        

STEPHEN D. FOY

  

Vice President and Controller

(principal financial and accounting officer)

       November 20, 2012

/s/    GIFFORD R. ZIMMERMAN        

GIFFORD R. ZIMMERMAN

  

Chief Administrative Officer

(principal executive officer)

       November 20, 2012
ROBERT P. BREMNER*    Chairman of the Board and Director   ü

ï

ï

ï

ï

ï

ï

ï

ï

ï

ï

ï

ï

þ

ï

ï

ï

ï

ï

ï

ï

ï

ï

ï

ï

ï

ï

ï

þ

  

 

 

By:

 

/S/    KEVIN J. MCCARTHY

 

KEVIN J. MCCARTHY

Attorney-in-Fact

November 20, 2012

JOHN P. AMBOIAN*    Director       
JACK B. EVANS*    Director       
WILLIAM C. HUNTER*    Director       
DAVID J. KUNDERT*    Director       
WILLIAM J. SCHNEIDER*    Director       
JUDITH M. STOCKDALE*    Director       
CAROLE E. STONE*    Director       
VIRGINIA L. STRINGER*    Director       
TERENCE J. TOTH*    Director       

 

* An original power of attorney authorizing, among others, Kevin J. McCarthy and Gifford R. Zimmerman to execute this registration statement, and amendments thereto, for each of the directors of the Registrant on whose behalf this registration statement is filed, has been executed and has previously been filed with the Securities and Exchange Commission and is incorporated by reference herein.


EXHIBIT INDEX

 

Exhibit
Number

  

Exhibit

101.INS     XBRL Instance Document
101.SCH    XBRL Taxonomy Extension Schema Document
101.CAL    XBRL Taxonomy Extension Calculation Linkbase
101.DEF    XBRL Taxonomy Extension Definition Linkbase
101.LAB    XBRL Taxonomy Extension Labels Linkbase
101.PRE    XBRL Taxonomy Extension Presentation Linkbase
EX-101.INS 2 nifi2-20121029.xml XBRL INSTANCE DOCUMENT 0000820892 nifi2:S000005544Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member nifi2:C000015076Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member nifi2:C000015077Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member nifi2:C000015078Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member nifi2:C000015079Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member nifi2:C000015080Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member nifi2:C000015203Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member nifi2:C000015204Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member nifi2:C000015205Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member nifi2:C000015206Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member nifi2:C000015207Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member nifi2:C000015089Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member nifi2:C000096213Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member nifi2:C000015090Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:C000015085Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:C000081079Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:C000081080Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:C000015086Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member nifi2:C000015081Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member nifi2:C000015082Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member nifi2:C000015083Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member nifi2:C000015084Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member nifi2:C000015186Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member nifi2:C000015187Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member nifi2:C000015188Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member nifi2:C000015189Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member nifi2:C000015185Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member nifi2:C000015156Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member nifi2:C000081083Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member nifi2:C000104758Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member nifi2:C000015157Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member rr:AfterTaxesOnDistributionsMember nifi2:C000015081Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member rr:AfterTaxesOnDistributionsAndSalesMember nifi2:C000015081Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member rr:AfterTaxesOnDistributionsMember nifi2:C000015156Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member rr:AfterTaxesOnDistributionsAndSalesMember nifi2:C000015156Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member rr:AfterTaxesOnDistributionsMember nifi2:C000015085Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member rr:AfterTaxesOnDistributionsAndSalesMember nifi2:C000015085Member 2011-11-01 2012-10-31 0000820892 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member rr:AfterTaxesOnDistributionsMember nifi2:C000015203Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member rr:AfterTaxesOnDistributionsAndSalesMember nifi2:C000015203Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member nifi2:BarclaysAggregateBondIndexMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005578Member nifi2:LipperIntermediateInvestmentGradeDebtClassificationAverageMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member rr:AfterTaxesOnDistributionsMember nifi2:C000015076Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member rr:AfterTaxesOnDistributionsAndSalesMember nifi2:C000015076Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member nifi2:BarclaysHighYieldTwoPercentageIssuerCappedIndexMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005544Member nifi2:LipperHighYieldClassificationAverageMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member rr:AfterTaxesOnDistributionsMember nifi2:C000015089Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member rr:AfterTaxesOnDistributionsAndSalesMember nifi2:C000015089Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member nifi2:BarclaysAggregateBondIndexMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member nifi2:BarclaysIntermediateGovernmentCreditBondIndexMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005548Member nifi2:LipperIntermediateInvestmentGradeDebtClassificationAverageMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:BarclaysIntermediateGovernmentBondIndexMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:LipperIntermediateUsGovernmentClassificationAverageMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:BarclaysIntermediateGovernmentBondIndexMember nifi2:C000015086Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:LipperIntermediateUsGovernmentClassificationAverageMember nifi2:C000015086Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:BarclaysIntermediateGovernmentBondIndexMember nifi2:C000081080Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:LipperIntermediateUsGovernmentClassificationAverageMember nifi2:C000081080Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:BarclaysIntermediateGovernmentBondIndexMember nifi2:C000015085Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:BarclaysIntermediateGovernmentBondIndexMember nifi2:C000081079Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:LipperIntermediateUsGovernmentClassificationAverageMember nifi2:C000015085Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005546Member nifi2:LipperIntermediateUsGovernmentClassificationAverageMember nifi2:C000081079Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member nifi2:BarclaysUsTipsIndexMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005545Member nifi2:LipperInflationProtectedBondClassificationAverageMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member nifi2:BarclaysOneThreeYearGovernmentCreditBondIndexMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005566Member nifi2:LipperShortInvestmentGradeDebtClassificationAverageMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member rr:AfterTaxesOnDistributionsMember nifi2:C000015185Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member rr:AfterTaxesOnDistributionsAndSalesMember nifi2:C000015185Member 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member nifi2:BarclaysAggregateBondIndexMember 2011-11-01 2012-10-31 0000820892 nifi2:S000005573Member nifi2:LipperMultiSectorIncomeClassificationAverageMember 2011-11-01 2012-10-31 pure iso4217:USD <font style="FONT-FAMILY: ARIAL" size="2"><b>Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Redemption</b></font> 991 939 933 676 411 856 846 <font style="FONT-FAMILY: ARIAL" size="2"><b>Redemption</b></font> 850 581 309 725 838 301 792 905 641 371 861 855 595 318 897 897 991 1039 933 676 <div style="display:none">~ http://www.nuveen.com/role/ScheduleShareholderFeesNuveenHighIncomeBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2"><b>Example </b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Example </b></font> 2012-09-30 2012-09-30 <font style="FONT-FAMILY: ARIAL" size="2"><b>Example </b></font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleShareholderFeesNuveenCorePlusBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2"><b>Example </b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Example </b></font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleShareholderFeesNuveenIntermediateGovernmentBondFund column period compact * ~</div> <div style="display:none">~ http://www.nuveen.com/role/ScheduleShareholderFeesNuveenIntermediateTermBondFund column period compact * ~</div> 2012-09-30 2012-09-30 2012-09-30 <div style="display:none">~ http://www.nuveen.com/role/ScheduleShareholderFeesNuveenInflationProtectedSecuritiesFund column period compact * ~</div> 637 366 902 630 816 536 277 <div style="display:none">~ http://www.nuveen.com/role/ScheduleShareholderFeesNuveenShortTermBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2"><b>Example </b></font> 2012-09-30 <div style="display:none">~ http://www.nuveen.com/role/ScheduleShareholderFeesNuveenStrategicIncomeFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2"><b>Example </b></font> 2012-09-30 <font style="FONT-FAMILY: ARIAL" size="5">Nuveen Core Plus Bond Fund </font><br/><font style="FONT-FAMILY: ARIAL" size="2"><i>(formerly Nuveen Core Bond Fund)</i> </font> 411 0.2403 856 946 850 581 309 <font style="FONT-FAMILY: ARIAL" size="5"><a name="tx416239_3"></a>Nuveen High Income Bond Fund </font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 124% of the average value of its portfolio. </font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 98% of the average value of its portfolio. </font> <font style="FONT-FAMILY: ARIAL" size="2">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. </font> 725 838 301 <font style="FONT-FAMILY: ARIAL" size="2">www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx</font> 792 905 641 371 0.0391 0.0155 <font style="FONT-FAMILY: ARIAL" size="2"> You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds.</font> <font style="FONT-FAMILY: ARIAL" size="2">www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx</font> 0.0395 0.0712 <font style="FONT-FAMILY: ARIAL" size="2">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 47% of the average value of its portfolio. </font> 0.1362 <font style="FONT-FAMILY: ARIAL" size="5">Nuveen Inflation Protected Securities Fund</font> <font style="FONT-FAMILY: ARIAL" size="5"><a name="tx416239_6"></a>Nuveen Intermediate Term Bond Fund </font> <font style="FONT-FAMILY: ARIAL" size="5"><a name="tx416239_5"></a>Nuveen Intermediate Government Bond Fund </font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 72% of the average value of its portfolio. </font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 75% of the average value of its portfolio. </font> 861 855 595 318 <font style="FONT-FAMILY: ARIAL" size="2">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds.</font> <font style="FONT-FAMILY: ARIAL" size="2">www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx</font> <font style="FONT-FAMILY: ARIAL" size="2">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds.</font> <font style="FONT-FAMILY: ARIAL" size="2">www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx</font> 0.0237 0.0588 <font style="FONT-FAMILY: ARIAL" size="2">www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx</font> 0.0587 366 637 897 997 902 630 816 536 277 0.0185 0.0977 <font style="FONT-FAMILY: ARIAL" size="5"><a name="tx416239_7"></a>Nuveen Short Term Bond Fund </font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 56% of the average value of its portfolio. </font> <font style="FONT-FAMILY: ARIAL" size="2">www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx</font> 0.0419 <font style="FONT-FAMILY: ARIAL" size="2">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 199% of the average value of its portfolio. </font> <font style="FONT-FAMILY: ARIAL" size="5">Nuveen Strategic Income Fund </font><br/><font style="FONT-FAMILY: ARIAL" size="2"><i>(formerly Nuveen Total Return Bond Fund)</i> </font> <font style="FONT-FAMILY: ARIAL" size="2">www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx</font> 0.1071 0.0475 0 0 0 0 <font style="FONT-FAMILY: ARIAL" size="2">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. More information about these and other discounts, as well as eligibility requirements for each share class, is available from your financial advisor and in &#8220;What Share Classes We Offer&#8221; on page 52 of the Fund&#8217;s prospectus, &#8220;How to Reduce Your Sales Charge&#8221; on page 55 of the prospectus and &#8220;Purchase and Redemption of Fund Shares&#8221; on page S-91 of the Fund&#8217;s statement of additional information. </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Shareholder Fees </b><br/>(fees paid directly from your investment) </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Annual Fund Operating Expenses</b><br/> (expenses that you pay each year as a percentage of the value of your investment) </font> 570 676 175 125 76 0.0425 0 0 0 0 500 655 155 104 53 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualFundOperatingExpensesNuveenHighIncomeBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. More information about these and other discounts, as well as eligibility requirements for each share class, is available from your financial advisor and in &#8220;What Share Classes We Offer&#8221; on page 52 of the Fund&#8217;s prospectus, &#8220;How to Reduce Your Sales Charge&#8221; on page 55 of the prospectus and &#8220;Purchase and Redemption of Fund Shares&#8221; on page S-91 of the Fund&#8217;s statement of additional information. </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Shareholder Fees </b><br/>(fees paid directly from your investment) </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment)</font> 0.03 0 0 0 0.03 0 0 50000 377 156 54 <font style="FONT-FAMILY: ARIAL" size="2">During the ten-year period ended December 31, 2011, the Fund&#8217;s highest and lowest quarterly returns were 21.96% and -19.17%, respectively, for the quarters ended June 30, 2009 and December 31, 2008. </font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. </font> <font style="FONT-FAMILY: ARIAL" size="2">During the ten-year period ended December 31, 2011, the Fund&#8217;s highest and lowest quarterly returns were 13.06% and -6.39%, respectively, for the quarters ended June 30, 2009 and September 30, 2008. </font> 384 163 112 61 50000 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualFundOperatingExpensesNuveenIntermediateTermBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. </font> <font style="FONT-FAMILY: ARIAL" size="2">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. More information about these and other discounts, as well as eligibility requirements for each share class, is available from your financial advisor and in &#8220;What Share Classes We Offer&#8221; on page 52 of the Fund&#8217;s prospectus, &#8220;How to Reduce Your Sales Charge&#8221; on page 55 of the prospectus and &#8220;Purchase and Redemption of Fund Shares&#8221; on page S-91 of the Fund&#8217;s statement of additional information. </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Shareholder Fees </b><br/>(fees paid directly from your investment) </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment)</font> 0.0425 0 0 0 <font style="FONT-FAMILY: ARIAL" size="2">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. More information about these and other discounts, as well as eligibility requirements for each share class, is available from your financial advisor and in &#8220;What Share Classes We Offer&#8221; on page 52 of the Fund&#8217;s prospectus, &#8220;How to Reduce Your Sales Charge&#8221; on page 55 of the prospectus and &#8220;Purchase and Redemption of Fund Shares&#8221; on page S-91 of the Fund&#8217;s statement of additional information. </font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualFundOperatingExpensesNuveenCorePlusBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. More information about these and other discounts, as well as eligibility requirements for each share class, is available from your financial advisor and in &#8220;What Share Classes We Offer&#8221; on page 52 of the Fund&#8217;s prospectus, &#8220;How to Reduce Your Sales Charge&#8221; on page 55 of the prospectus and &#8220;Purchase and Redemption of Fund Shares&#8221; on page S-91 of the Fund&#8217;s statement of additional information. </font> <font style="FONT-FAMILY: ARIAL" size="2">During the seven-year period ended December 31, 2011, the Fund&#8217;s highest and lowest quarterly returns were 5.25% and -4.18%, respectively, for the quarters ended March 31, 2008 and December 31, 2008. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Shareholder Fees </b><br/>(fees paid directly from your investment) </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Annual Fund Operating Expenses</b><br/> (expenses that you pay each year as a percentage of the value of your investment)</font> 505 160 110 58 <font style="FONT-FAMILY: ARIAL" size="2">During the ten-year period ended December 31, 2011, the Fund&#8217;s highest and lowest quarterly returns were 9.70% and -5.11%, respectively, for the quarters ended June 30, 2009 and September 30, 2008. </font> 2004-10-01 2004-10-01 2004-10-01 2004-10-01 2004-10-01 2004-10-01 <font style="FONT-FAMILY: ARIAL" size="2">During the nine-year period ended December 31, 2011, the Fund&#8217;s highest and lowest quarterly returns were 5.92% and -2.41%, respectively, for the quarters ended December 31, 2008 and June 30, 2004. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Shareholder Fees </b><br/> (fees paid directly from your investment) </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Annual Fund Operating Expenses</b></font><br/><font style="FONT-FAMILY: ARIAL" size="2">(expenses that you pay each year as a percentage of the value of your investment)</font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualFundOperatingExpensesNuveenIntermediateGovernmentBondFund column period compact * ~</div> 50000 50000 <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares.</font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares.</font> <font style="FONT-FAMILY: ARIAL" size="2">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. </font> 50000 <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund's performance from year to year for Class A shares.</font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualFundOperatingExpensesNuveenInflationProtectedSecuritiesFund column period compact * ~</div> 0 0.0425 0 0 0 0.0225 0 0 0 61 508 663 163 112 297 150 99 48 1992-12-14 1992-12-14 1992-12-14 1994-02-04 2009-10-28 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualFundOperatingExpensesNuveenShortTermBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. More information about these and other discounts, as well as eligibility requirements for each share class, is available from your financial advisor and in &#8220;What Share Classes We Offer&#8221; on page 52 of the Fund&#8217;s prospectus, &#8220;How to Reduce Your Sales Charge&#8221; on page 55 of the prospectus and &#8220;Purchase and Redemption of Fund Shares&#8221; on page S-91 of the Fund&#8217;s statement of additional information. </font> <font style="FONT-FAMILY: ARIAL" size="2">During the ten-year period ended December 31, 2011, the Fund&#8217;s highest and lowest quarterly returns were 5.45% and -3.37%, respectively, for the quarters ended June 30, 2009 and December 31, 2008. </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Shareholder Fees </b><br/>(fees paid directly from your investment) </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Annual Fund Operating Expenses</b><br/> (expenses that you pay each year as a percentage of the value of your investment)</font> <font style="FONT-FAMILY: ARIAL" size="2">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds.</font> 50000 <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares.</font> <font style="FONT-FAMILY: ARIAL" size="2">During the ten-year period ended December 31, 2011, the Fund&#8217;s highest and lowest quarterly returns were 22.45% and -8.60%, respectively, for the quarters ended June 30, 2009 and September 30, 2008. </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Shareholder Fees </b><br/>(fees paid directly from your investment) </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Annual Fund Operating Expenses</b><br/> (expenses that you pay each year as a percentage of the value of your investment) </font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualFundOperatingExpensesNuveenStrategicIncomeFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. </font> 50000 <font style="FONT-FAMILY: ARIAL" size="2">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. </font> 2002-10-25 2009-10-28 2009-10-28 2002-10-25 2002-10-25 2002-10-25 485BPOS NUVEEN INVESTMENT FUNDS INC 2012-06-30 <font style="FONT-FAMILY: ARIAL" size="3">Principal Investment Strategies </font> 0 0.05 0.01 0 0 0 0 0 0 0 772 845 542 237 390 0 0 0 0 0 0 0 0 570 176 175 125 76 1619 1842 2030 1489 918 -0.0005 -0.0004 -0.0005 -0.0004 -0.0004 -0.0122 0.0097 671 789 491 333 175 500 155 155 104 53 698 1391 1654 1863 1291 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualTotalReturnsNuveenHighIncomeBondFundBarChart column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem your shares at the end of a period. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </font> <font style="FONT-FAMILY: ARIAL" size="3"><b>Principal Investment Strategies </b></font> 0 0.01 0 0 0 0 0 0 -0.0001 -0.0001 -0.0001 <font style="FONT-FAMILY: ARIAL" size="2">The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem your shares at the end of a period. The example also assumes that your investment has a 5% return each year, that the Fund&#8217;s operating expenses remain the same, and the contractual fee waivers currently in place are not renewed beyond October 31, 2013. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </font> -0.0008 -0.0008 -0.0008 -0.0008 0 0 0 <font style="FONT-FAMILY: ARIAL" size="1">Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current contractual fees. </font> 544 485 172 <font style="FONT-FAMILY: ARIAL" size="2">The table below shows the variability of the Fund&#8217;s average annual returns and how they compare over the time periods indicated with those of a broad measure of market performance and an index of funds with similar investment objectives. All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here. After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">Both the bar chart and the table assume that all distributions have been reinvested. Performance reflects fee waivers, if any, in effect during the periods presented. If any such waivers were not in place, returns would be reduced. </font> 377 156 54 <font style="FONT-FAMILY: ARIAL" size="2">(800) 257-8787</font> 1248 1834 676 <font style="FONT-FAMILY: ARIAL" size="2"> After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Average Annual Total Returns<br/> for the Periods Ended<br/> December 31, 2011</b></font></center> <font style="FONT-FAMILY: ARIAL" size="2">The table below shows the variability of the Fund&#8217;s average annual returns and how they compare over the time periods indicated with those of a broad measure of market performance and an index of funds with similar investment objectives. All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here. After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">Both the bar chart and the table assume that all distributions have been reinvested. Performance reflects fee waivers, if any, in effect during the periods presented. If any such waivers were not in place, returns would be reduced. </font> 580 522 367 210 384 163 112 61 1402 1980 1425 839 0.08 0.0402 0.0498 0.05 0.01 <font style="FONT-FAMILY: ARIAL" size="2">(800) 257-8787</font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans.</font> <font style="FONT-FAMILY: ARIAL" size="1">Expenses have been restated to reflect current contractual fees. </font> 0.0804 <font style="FONT-FAMILY: ARIAL" size="1">The contingent deferred sales charge (<i>&#8220;CDSC&#8221;</i>) on Class B shares declines over a six-year period from purchase. The CDSC on Class C shares applies only to redemptions within 12 months of purchase. </font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualTotalReturnsNuveenIntermediateTermBondFundBarChart column period compact * ~</div> 0.0465 <font style="FONT-FAMILY: ARIAL" size="2">The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem your shares at the end of a period. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </font> 0.1306 0.2196 <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Average Annual Total Returns<br/> for the Periods Ended<br/> December 31, 2011</b></font></center> <font style="FONT-FAMILY: ARIAL" size="3">Principal Investment Strategies </font> 0 0.01 0 0 0 0 0 0 <font style="FONT-FAMILY: ARIAL" size="2">The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem your shares at the end of a period. The example also assumes that your investment has a 5% return each year, that the Fund&#8217;s operating expenses remain the same, and the contractual fee waivers currently in place are not renewed beyond October 31, 2013. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Investment Strategies </font> <font style="FONT-FAMILY: ARIAL" size="2">The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem your shares at the end of a period. The example also assumes that your investment has a 5% return each year, that the Fund&#8217;s operating expenses remain the same, and the contractual fee waivers currently in place are not renewed beyond October 31, 2013. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Investment Strategies </font> 0.1274 676 496 343 183 505 160 110 58 1395 1867 1317 714 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualTotalReturnsNuveenCorePlusBondFundBarChart column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">The table below shows the variability of the Fund&#8217;s average annual returns and how they compare over the time periods indicated with those of a broad measure of market performance and an index of funds with similar investment objectives. All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here. After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">Both the bar chart and the table assume that all distributions have been reinvested. Performance reflects fee waivers, if any, in effect during the periods presented. If any such waivers were not in place, returns would be reduced. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">Effective August 31, 2009, the Fund&#8217;s investment objective was changed from providing &#8220;current income that is exempt from state income tax&#8221; to providing &#8220;current income,&#8221; in each case to the extent consistent with preservation of capital. As of the same date, the Fund&#8217;s investment strategies were significantly broadened, consistent with this new investment objective. As a result, the performance information presented below reflects the performance of an investment portfolio that, prior to August 31, 2009, differed materially from the Fund&#8217;s portfolio thereafter. </font> <font style="FONT-FAMILY: ARIAL" size="2">The table below shows the variability of the Fund&#8217;s average annual returns and how they compare over the time periods indicated with those of a broad measure of market performance and an index of funds with similar investment objectives. Previously, the Fund used Barclays Intermediate Government/Credit Bond Index as its benchmark. Going forward, the Fund&#8217;s performance will be compared to Barclays Aggregate Bond Index because it more closely reflects the Fund&#8217;s investment universe. All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. Class C shares have not been offered for a full calendar year, and thus do not have any performance to report. Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here. After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">Both the bar chart and the table assume that all distributions have been reinvested. Performance reflects fee waivers, if any, in effect during the periods presented. If any such waivers were not in place, returns would be reduced. </font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Average Annual Total Returns<br/> for the Periods Ended<br/> December 31, 2011 </font></center> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualTotalReturnsNuveenIntermediateGovernmentBondFundBarChart column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="1">Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current contractual fees. </font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font> 0 0.01 0 <font style="FONT-FAMILY: ARIAL" size="2">(800) 257-8787</font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans.</font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Average Annual Total Returns<br/> for the Periods Ended<br/> December 31, 2011<font style="FONT-FAMILY: ARIAL" size="1"></font><font style="FONT-FAMILY: ARIAL" size="2"></font></b></font></center> (800) 257-8787 0.0592 0.097 <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Average Annual Total Returns<br/> for the Periods Ended <br/>December 31, 2011</b></font></center> 2012-10-29 <font style="FONT-FAMILY: ARIAL" size="2">(800) 257-8787</font> <font style="FONT-FAMILY: ARIAL" size="2"> After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font> 0.0525 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualTotalReturnsNuveenInflationProtectedSecuritiesFundBarChart column period compact * ~</div> 0.05 0 0.01 0 0 0 0 0 0 0 -0.0007 -0.0007 -0.0006 -0.0006 -0.0006 0 0.01 0 0 0 0 0 0 697 818 518 365 207 -0.0003 -0.0003 0 -0.0003 508 163 163 112 61 828 1414 1960 1760 1492 456 471 309 157 297 150 99 48 1132 1788 1190 625 0.06 0.0048 0.0562 0.0334 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualTotalReturnsNuveenShortTermBondFundBarChart column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem your shares at the end of a period. The example also assumes that your investment has a 5% return each year, that the Fund&#8217;s operating expenses remain the same, and the contractual fee waivers currently in place are not renewed beyond October 31, 2013. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Investment Strategies </font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Average Annual Total Returns<br/> for the Periods Ended <br/>December 31, 2011</b></font></center> <font style="FONT-FAMILY: ARIAL" size="2">The table below shows the variability of the Fund&#8217;s average annual returns and how they compare over the time periods indicated with those of a broad measure of market performance and an index of funds with similar investment objectives. All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. Class R3 shares have not been offered for a full calendar year, and thus do not have any performance to report. Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here. After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">Both the bar chart and the table assume that all distributions have been reinvested. Performance reflects fee waivers, if any, in effect during the periods presented. If any such waivers were not in place, returns would be reduced. </font> <font style="FONT-FAMILY: ARIAL" size="2">(800) 257-8787</font> 0.0545 <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font> <font style="FONT-FAMILY: ARIAL" size="2">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other Nuveen Mutual Funds. More information about these and other discounts, as well as eligibility requirements for each share class, is available from your financial advisor and in &#8220;What Share Classes We Offer&#8221; on page 52 of the Fund&#8217;s prospectus, &#8220;How to Reduce Your Sales Charge&#8221; on page 55 of the prospectus and &#8220;Purchase and Redemption of Fund Shares&#8221; on page S-91 of the Fund&#8217;s statement of additional information. </font> <font style="FONT-FAMILY: ARIAL" size="2">The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem your shares at the end of a period. The example also assumes that your investment has a 5% return each year, that the Fund&#8217;s operating expenses remain the same, and the contractual fee waivers currently in place are not renewed beyond October 31, 2013. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Investment Strategies </font> <font style="FONT-FAMILY: ARIAL" size="2">The table below shows the variability of the Fund&#8217;s average annual returns and how they compare over the time periods indicated with those of a broad measure of market performance and an index of funds with similar investment objectives. All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here. After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans.<br/><br/>Both the bar chart and the table assume that all distributions have been reinvested. Performance reflects fee waivers, if any, in effect during the periods presented. If any such waivers were not in place, returns would be reduced. </font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Average Annual Total Returns<br/> for the Periods Ended<br/> December 31, 2011</b></font></center> <font style="FONT-FAMILY: ARIAL" size="2"> After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font> <font style="FONT-FAMILY: ARIAL" size="2">(800) 257-8787</font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAnnualTotalReturnsNuveenStrategicIncomeFundBarChart column period compact * ~</div> 0.2245 <font style="FONT-FAMILY: ARIAL" size="2">The table below shows the variability of the Fund&#8217;s average annual returns and how they compare over the time periods indicated with those of a broad measure of market performance and an index of funds with similar investment objectives. All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here. After-tax returns are not relevant to investors who hold Fund shares in tax-deferred accounts such as IRAs or employer-sponsored retirement plans. </font><br /><br /><font style="FONT-FAMILY: ARIAL" size="2">Both the bar chart and the table assume that all distributions have been reinvested. Performance reflects fee waivers, if any, in effect during the periods presented. If any such waivers were not in place, returns would be reduced. </font> <font style="FONT-FAMILY: ARIAL" size="1">The contingent deferred sales charge (<i>&#8220;CDSC&#8221;</i>) on Class B shares declines over a six-year period from purchase. The CDSC on Class C shares applies only to redemptions within 12 months of purchase. </font> <font style="FONT-FAMILY: ARIAL" size="1">The contingent deferred sales charge on Class C shares applies only to redemptions within 12 months of purchase. </font> <font style="FONT-FAMILY: ARIAL" size="1">The contingent deferred sales charge (<i>&#8220;CDSC&#8221;</i>) on Class B shares declines over a six-year period from purchase. The CDSC on Class C shares applies only to redemptions within 12 months of purchase. </font> <font style="FONT-FAMILY: ARIAL" size="1">The contingent deferred sales charge on Class C shares applies only to redemptions within 12 months of purchase. </font> <font style="FONT-FAMILY: ARIAL" size="1">The contingent deferred sales charge on Class C shares applies only to redemptions within 12 months of purchase. </font> <font style="FONT-FAMILY: ARIAL" size="2">Previously, the Fund used Barclays Intermediate Government/Credit Bond Index as its benchmark. Going forward, the Fund&#8217;s performance will be compared to Barclays Aggregate Bond Index because it more closely reflects the Fund&#8217;s investment universe.</font> <font style="FONT-FAMILY: ARIAL" size="1">The Fund previously disclosed the return after taxes on distributions and the return after taxes on distributions and sale of Fund shares for Class I. Going forward, the Fund will disclose these returns for Class A because Class A shares now have a ten year history, and disclosing these returns for Class A shares is consistent with the disclosure of other funds in the Nuveen Fund complex. </font> <font style="FONT-FAMILY: ARIAL" size="1">The contingent deferred sales charge on Class C shares applies only to redemptions within 12 months of purchase. </font> 2012-10-31 0000820892 false <font style="FONT-FAMILY: ARIAL" size="3">Investment Objective </font> <font style="FONT-FAMILY: ARIAL" size="3">Fees and Expenses of the Fund </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Risks </font> <font style="FONT-FAMILY: ARIAL" size="3">Fund Performance </font> 0 0 15 15 15 0 15 0.0025 0.01 0.01 0.005 0 0.0013 0.0013 0.0012 0.0014 0.0013 0.0098 0.0173 0.0172 0.0123 0.0074 15 15 15 0 15 772 545 542 390 237 0.0025 0.01 0.01 0.005 0 0.0012 0.0011 0.0012 0.0011 0.0011 0.0082 0.0156 0.0157 0.0106 0.0056 0.0077 0.0152 0.0152 0.0102 0.0052 0.103 0.0289 0.0163 -0.2911 0.5692 0.1535 0.0023 -0.0104 0.0014 -0.0113 0.039 0.044 0.0492 0.0784 0.0622 0.0678 0.039 0.0406 0.0652 0.0653 0.0709 0.0757 0.0896 0.0699 0.0451 0.0286 0.0286 0.0417 0.0417 0.0479 0.0522 0.0578 0.0513 489 491 333 671 175 <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNuveenHighIncomeBondFund column period compact * ~</div> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNoRedemptionNuveenHighIncomeBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2"><b>Portfolio Turnover </b></font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAverageAnnualTotalReturnsTransposedNuveenHighIncomeBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="3">Investment Objective </font> <font style="FONT-FAMILY: ARIAL" size="3">Fees and Expenses of the Fund </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Portfolio Turnover </b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>No Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions, the Fund invests primarily (at least 80% of its net assets, plus the amount of any borrowings for investment purposes) in bonds rated lower than investment grade at the time of purchase or in unrated bonds of comparable quality (securities commonly referred to as &#8220;high-yield&#8221; securities or &#8220;junk bonds&#8221;). These bonds generally provide high income in an effort to compensate investors for their higher risk of default, which is the failure to make required interest or principal payments. High-yield bond issuers include small or relatively new companies lacking the history or capital to merit investment-grade status, former blue chip companies downgraded because of financial problems, companies electing to borrow heavily to finance or avoid a takeover or buyout, and firms with heavy debt loads. The Fund may invest in exchange-traded funds, closed-end funds, and other investment companies (&#8220;investment companies&#8221;). </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s sub-adviser employs a bottom up approach to investing. The sub-adviser devotes more resources to evaluating individual securities rather than assessing macro-economic trends. Securities are selected using fundamental credit research to identify relative value in the market. Positions are sold in anticipation of credit deterioration or when a security is priced expensively relative to other comparable investments. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">There is no minimum rating requirement and no limitation on the average maturity or average effective duration of securities held by the Fund. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest up to 25% of its total assets in dollar denominated debt obligations of foreign corporations and governments. Up to 20% of the Fund&#8217;s total assets may be invested in dollar denominated debt obligations issued by governmental and corporate issuers that are located in emerging market countries. A country is considered to have an &#8220;emerging market&#8221; if it has a relatively low gross national product per capita compared to the world&#8217;s major economies, and the potential for rapid economic growth, provided that no issuer included in the Fund&#8217;s current benchmark index will be considered to be located in an emerging market country. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund may utilize the following derivatives: options; futures contracts; options on futures contracts; swap agreements, including swap agreements on interest rates, security indexes and specific securities, and credit default swap agreements; and options on the foregoing types of swap agreements. The Fund may enter into standardized derivatives contracts traded on domestic or foreign securities exchanges, boards of trade, or similar entities, and non-standardized derivatives contracts traded in the over-the-counter (&#8220;OTC&#8221;) market. The Fund may use these derivatives in an attempt to manage market risk, credit risk and yield curve risk, to manage the effective maturity or duration of securities in the Fund&#8217;s portfolio or for speculative purposes in an effort to increase the Fund&#8217;s yield or to enhance returns. The use of a derivative is speculative if the Fund is primarily seeking to enhance returns, rather than offset the risk of other positions. The Fund may not use any derivative to gain exposure to a security or type of security that it would be prohibited by its investment restrictions from purchasing directly. </font> <font style="FONT-FAMILY: ARIAL" size="3"><b>Principal Risks</b> </font> 0.0025 0.01 0 0.0009 0.0009 0.0009 15 15 0 15 0.0079 0.0154 0.0054 0.0078 0.0153 0.0053 <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in the Fund include: <br /><br /> <b>Call Risk</b>&#8212;If an issuer calls higher-yielding debt instruments held by the Fund, performance could be adversely impacted. <br/><br/> <b>Credit Risk</b>&#8212;Credit risk is the risk that an issuer of a debt security may be unable or unwilling to make interest and principal payments when due and the related risk that the value of a debt security may decline because of concerns about the issuer&#8217;s ability or willingness to make such payments. In addition, parties to other financial contracts with the Fund could default on their obligations. <br /><br /> <b>Derivatives Risk</b>&#8212;The use of derivatives involves additional risks and transaction costs which could leave the Fund in a worse position than if it had not used these instruments. Derivatives may entail investment exposures that are greater than their cost would suggest. As a result, a small investment in derivatives could have a large impact on performance. Recent legislation requires the development of a new regulatory framework for the derivatives market. The impact of the new regulations is still unknown, but has the potential to increase the costs of using derivatives, may limit the availability of some forms of derivatives or the Fund&#8217;s ability to use derivatives, and may adversely affect the performance of some derivative instruments used by the Fund as well as the Fund&#8217;s ability to pursue its investment objective through the use of such instruments. <br/><br/> <b>High Yield Securities Risk</b>&#8212;High yield securities are high risk investments that may cause income and principal losses for the Fund. They generally have greater credit risk, are less liquid, and have more volatile prices than investment grade securities.<br/><br/> <b>Income Risk</b>&#8212;The Fund&#8217;s income could decline during periods of falling interest rates.<br /><br /> <b>Interest Rate Risk</b>&#8212;Interest rate risk is the risk that the value of the Fund&#8217;s portfolio will decline because of rising interest rates. When interest rates change, the values of longer-duration debt securities usually change more than the values of shorter-duration debt securities.<br /><br /> <b>Market Risk</b>&#8212;The market values of the Fund&#8217;s investments may decline, at times sharply and unpredictably. <br /><br /> <b>Non-U.S./Emerging Markets Risk</b>&#8212;Non-U.S. issuers or U.S. issuers with significant non-U.S. operations may be subject to risks in addition to those of issuers located in or that principally operate in the United States as a result of, among other things, political, social and economic developments abroad and different legal, regulatory and tax environments. These additional risks may be heightened for securities of issuers located in, or with significant operations in, emerging market countries. Also, changes in currency exchange rates may affect the Fund&#8217;s net asset value, the value of dividends and interest earned, and gains and losses realized on the sale of securities.<br /><br /> <b>Other Investment Companies</b>&#8212;When the Fund invests in other investment companies, you bear both your proportionate share of Fund expenses and, indirectly, the expenses of the other investment companies. </font> <font style="FONT-FAMILY: ARIAL" size="3"><b>Fund Performance </b></font> 0.0025 0.01 0.005 0 0.0021 0.0021 0.0021 0.0021 0.0093 0.0168 0.0118 0.0068 <font style="FONT-FAMILY: ARIAL" size="2"><b>No Redemption</b></font> 0.0085 0.016 0.011 0.006 15 15 15 <font style="FONT-FAMILY: ARIAL" size="2"><center><b>Class A Annual Total Return</b></center></font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. </font> <font style="FONT-FAMILY: ARIAL" size="2">An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font> 544 485 172 <font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. </font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <font style="FONT-FAMILY: ARIAL" size="2">All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. </font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Class A Annual Total Return </b></font></center> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. The performance of the other share classes will differ due to their different expense structures. The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> 0.0091 -0.002 0.0058 0.0416 0.0784 0.058 0.0622 <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. The performance of the other share classes will differ due to their different expense structures. The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> 0.0439 0.0289 0.0286 0.0486 0.0578 0.052 0.0513 580 522 367 210 0.0267 0.0148 0.0601 -0.0774 0.2068 0.0148 0.0642 0.0163 0.0776 0.0929 -0.0038 0.053 0.0184 0.0108 0.0119 0.0418 0.0463 0.0513 0.0608 0.0699 0.0213 0.0228 0.045 0.043 0.0402 0.0482 0.0518 <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. </font> <font style="FONT-FAMILY: ARIAL" size="2">An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. </font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <font style="FONT-FAMILY: ARIAL" size="2">All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. </font> 0.0353 0.0208 0.058 -0.1084 0.2404 0.0769 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAverageAnnualTotalReturnsTransposedNuveenIntermediateTermBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="1">year-to-date total return</font> 2009-06-30 <font style="FONT-FAMILY: ARIAL" size="2">lowest</font> 2008-09-30 <font style="FONT-FAMILY: ARIAL" size="1">year-to-date total return</font> 2009-06-30 <font style="FONT-FAMILY: ARIAL" size="3">Investment Objective </font> <font style="FONT-FAMILY: ARIAL" size="3">Fees and Expenses of the Fund </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Risks </font> <font style="FONT-FAMILY: ARIAL" size="3">Fund Performance </font> <font style="FONT-FAMILY: ARIAL" size="2">lowest</font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Portfolio Turnover </b></font> 2008-12-31 <font style="FONT-FAMILY: ARIAL" size="3">Investment Objective </font> 15 15 0 15 <font style="FONT-FAMILY: ARIAL" size="3">Fees and Expenses of the Fund </font> 0.0025 0.01 0.005 0 0.0014 0.0014 0.0015 0.0014 0.0082 0.0157 0.0108 0.0057 0.045 0.0482 0.043 0.0518 0.0359 0.036 0.0409 <font style="FONT-FAMILY: ARIAL" size="3">Investment Objective </font> <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions, the Fund invests primarily (at least 80% of its net assets, plus the amount of any borrowings for investment purposes) in inflation protected debt securities. These securities will be issued by the U.S. and non-U.S. governments, their agencies and instrumentalities, and domestic and foreign corporations. The Fund&#8217;s investments in U.S. Government inflation protected securities will include U.S. Treasury inflation protected securities as well as inflation protected securities issued by agencies and instrumentalities of the U.S. Government. Securities issued by the U.S. Treasury are backed by the full faith and credit of the U.S. Government. Some securities issued by agencies and instrumentalities of the U.S. Government are supported only by the credit of the issuing agency or instrumentality. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">Inflation protected debt securities are designed to provide protection against the negative effects of inflation. Unlike traditional debt securities, which pay regular fixed interest payments on a fixed principal amount, interest payments on inflation protected debt securities will vary with the rate of inflation. The U.S. Treasury uses the Consumer Price Index for Urban Consumers (CPI-U) as the inflation measure. Inflation protected debt securities issued by foreign governments and corporations are generally linked to a non-U.S. inflation rate. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">Inflation protected debt securities have two common structures. The U.S. Treasury and some other issuers use a structure that accrues inflation into the principal value of the bond. If the index measuring the rate of inflation rises, the principal value of the security will increase. Because interest payments will be calculated with respect to a larger principal amount, interest payments also will increase. Conversely, if the index measuring the rate of inflation falls, the principal value of the security will fall and interest payments will decrease. Other issuers adjust the interest rates payable on the security according to the rate of inflation, but the principal amount remains the same. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">In the event of sustained deflation, the U.S. Treasury has guaranteed that it will repay at maturity at least the original face value of the inflation protected securities that it issues. Other inflation protected debt securities that accrue inflation into their principal value may or may not provide a similar guarantee. For securities that do not provide such a guarantee, the adjusted principal value of the security repaid at maturity may be less than the original principal value. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">Up to 20% of the Fund&#8217;s assets may be invested in holdings that are not inflation protected. These holdings may include the following: </font> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">domestic and foreign corporate debt obligations. </font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">securities issued or guaranteed by the U.S. government or its agencies and instrumentalities. </font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">debt obligations of foreign governments. </font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">residential and commercial mortgage-backed securities. </font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">asset-backed securities. </font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">derivative instruments, as discussed below. </font></blockquote></li></ul> <font style="FONT-FAMILY: ARIAL" size="2">When selecting securities for the Fund, the Fund&#8217;s sub-adviser uses a &#8220;top-down&#8221; approach, looking first at general economic factors and market conditions. The sub-adviser then selects securities that it believes have strong relative value based on an analysis of a security&#8217;s characteristics (such as principal value, coupon rate, maturity, duration and yield) in light of these general economic factors and market conditions. The sub-adviser will sell securities if the securities no longer meet these criteria, if other investments appear to be a better relative value, to manage the duration of the Fund, or to meet redemption requests. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">The Fund invests primarily in securities rated investment grade at the time of purchase by a nationally recognized statistical rating organization or in unrated securities of comparable quality. However, up to 10% of the Fund&#8217;s net </font><font style="FONT-FAMILY: ARIAL" size="2">assets may be invested in securities that are rated lower than investment grade at the time of purchase or that are unrated and of comparable quality (securities commonly referred to as &#8220;high-yield&#8221; securities or &#8220;junk bonds&#8221;). The Fund will not invest in securities rated lower than B at the time of purchase or in unrated securities of equivalent quality. Quality determinations regarding unrated securities will be made by the Fund&#8217;s sub-adviser. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest up to 20% of its net assets in non-dollar denominated securities, and may invest without limitation in U.S. dollar denominated securities of foreign corporations and governments. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest in debt securities of any maturity, but expects to maintain, under normal market conditions, a weighted average effective maturity of between eight and fifteen years and an average effective duration of between four and ten years. The Fund&#8217;s weighted average effective maturity and average effective duration are measures of how the Fund may react to interest rate changes. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">The Fund may utilize the following derivatives: options; futures contracts; options on futures contracts; foreign currency contracts; options on foreign currencies; interest rate caps, collars, and floors; index- and other asset-linked notes; swap agreements, including swap agreements on interest rates, currency rates, security indexes and specific securities, and credit default swap agreements; and options on the foregoing types of swap agreements. The Fund may enter into standardized derivatives contracts traded on domestic or foreign securities exchanges, boards of trade, or similar entities, and non-standardized derivatives contracts traded in the over-the-counter (&#8220;OTC&#8221;) market. The Fund may use these derivatives in an attempt to manage market risk, currency risk, credit risk and yield curve risk, to manage the effective maturity or duration of securities in the Fund&#8217;s portfolio or for speculative purposes in an effort to increase the Fund&#8217;s yield or to enhance returns. The Fund may also use derivatives to gain exposure to non-dollar denominated securities markets to the extent it does not do so through direct investments. The use of a derivative is speculative if the Fund is primarily seeking to enhance returns, rather than offset the risk of other positions. The Fund may not use any derivative to gain exposure to a security or type of security that it would be prohibited by its investment restrictions from purchasing directly. </font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in the Fund include: <br /><br /><b>Call Risk</b>&#8212;If an issuer calls higher-yielding debt instruments held by the Fund, performance could be adversely impacted.<br /><br /> <b>Credit Risk</b>&#8212;Credit risk is the risk that an issuer of a debt security may be unable or unwilling to make interest and principal payments when due and the related risk that the value of a debt security may decline because of concerns about the issuer&#8217;s ability or willingness to make such payments. In addition, parties to other financial contracts with the Fund could default on their obligations.<br /><br /> <b>Derivatives Risk</b>&#8212;The use of derivatives involves additional risks and transaction costs which could leave the Fund in a worse position than if it had not used these instruments. Derivatives may entail investment exposures that are greater than their cost would suggest. As a result, a small investment in derivatives could have a large impact on performance. Recent legislation requires the development of a new regulatory framework for the derivatives market. The impact of the new regulations is still unknown, but has the potential to increase the costs of using derivatives, may limit the availability of some forms of derivatives or the Fund&#8217;s ability to use derivatives, and may adversely affect the performance of some derivative instruments used by the Fund as well as the Fund&#8217;s ability to pursue its investment objective through the use of such instruments.<br /><br /> <b>High Yield Securities Risk</b>&#8212;High yield securities are high risk investments that may cause income and principal losses for the Fund. They generally have greater credit risk, are less liquid, and have more volatile prices than investment grade securities.<br /><br /> <b>Income Risk</b>&#8212;The Fund&#8217;s income could decline during periods of falling interest rates. In addition, because the interest and/or principal payments on inflation protected securities are adjusted periodically for changes in inflation, the income distributed by the Fund may be irregular. In a period of sustained deflation, the inflation protected securities held by the Fund, and consequently the Fund itself, may not pay any income. <br /><br /> <b>Index Methodology Risk</b>&#8212;There can be no assurance that the U.S. or any foreign inflation index will accurately measure the real rate of inflation in the prices of goods and services.<br /><br /> <b>Interest Rate Risk</b>&#8212;Interest rate risk is the risk that the value of the Fund&#8217;s portfolio will decline because of rising interest rates. Inflation protected securities may react differently from other debt securities to changes in interest rates. Generally, the value of an inflation protected security is affected by changes in &#8220;real&#8221; interest rates, which are stated interest rates reduced by the expected impact of inflation. Values of these securities normally fall when real interest rates rise and rise when real interest rates fall. <br /><br /> <b>Market Risk</b>&#8212;The market values of the Fund&#8217;s investments may decline, at times sharply and unpredictably. <br /><br /> <b>Mortgage- and Asset-Backed Securities Risk</b>&#8212;These securities generally can be prepaid at any time. Prepayments that occur either more quickly or more slowly than expected can adversely impact the value of such securities. They are also subject to extension risk, which is the risk that rising interest rates could cause mortgages or other obligations underlying the securities to be prepaid more slowly than expected, resulting in slower prepayments of the securities.<br /><br /> A mortgage-backed security may be negatively affected by the quality of the mortgages underlying such security, the credit quality of its issuer or guarantor, and the nature and structure of its credit support. The downturn in the housing market and the resulting recession in the United States have negatively affected, and may continue to negatively affect, both the price and liquidity of certain mortgage-backed securities. <br /><br /> <b>Non-U.S./Emerging Markets Risk</b>&#8212;Non-U.S. issuers or U.S. issuers with significant non-U.S. operations may be subject to risks in addition to those of issuers located in or that principally operate in the United States as a result of, among other things, political, social and economic developments abroad and different legal, regulatory and tax environments. These additional risks may be heightened for securities of issuers located in, or with significant operations in, emerging market countries. Also, changes in currency exchange rates may affect the Fund&#8217;s net asset value, the value of dividends and interest earned, and gains and losses realized on the sale of securities. <br /><br /> <b>Tax Consequences of Inflation Adjustments</b>&#8212;Because inflation adjustments to the principal amount of an inflation protected security will be included in the Fund&#8217;s income, the Fund may have to make income distributions to shareholders that exceed the cash it receives. </font> <font style="FONT-FAMILY: ARIAL" size="3">Fees and Expenses of the Fund </font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. The performance of the other share classes will differ due to their different expense structures. The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Portfolio Turnover </b></font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Class A Annual Total Return</b></font></center> 0.0219 0.0942 -0.0311 0.1196 0.0694 -0.0387 -0.0634 -0.0238 -0.0429 0.004 0.0093 0.0135 0.0496 0.0281 <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions, the Fund invests primarily (at least 80% of its net assets, plus the amount of any borrowings for investment purposes) in U.S. government bonds. U.S. government bonds are securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, including the following: </font> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">U.S. Treasury obligations. </font></blockquote></li><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">Mortgage-backed securities issued by the Government National Mortgage Association, the Federal National Mortgage Association (FNMA), and the Federal Home Loan Mortgage Corporation (FHLMC). </font></blockquote></li><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">Non-mortgage-related obligations issued or guaranteed by U.S. government agencies or instrumentalities, such as FNMA, FHLMC, Federal Farm Credit Banks, the Federal Home Loan Bank System, and the Tennessee Valley Authority, including obligations that are issued by private issuers and guaranteed under the Federal Deposit Insurance Corporation (FDIC) Temporary Liquidity Guarantee Program. </font></blockquote></li></ul> <font style="FONT-FAMILY: ARIAL" size="2">U.S. Treasury obligations and some obligations of U.S. government agencies and instrumentalities are supported by the &#8220;full faith and credit&#8221; of the U.S. government. Other U.S. government securities are backed by the right of the issuer to borrow from the U.S. Treasury. Still others are supported only by the credit of the issuing agency or instrumentality. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest up to 20% of its total assets, collectively, in non-U.S. government debt obligations, including asset-backed securities, residential and commercial mortgage-backed securities, corporate debt obligations, and municipal securities. Such securities will be rated investment grade at the time of purchase or, if unrated, determined to be of comparable quality by the Fund&#8217;s sub-adviser. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">In selecting securities for the Fund, the Fund&#8217;s sub-adviser first determines its economic outlook and the direction in which inflation and interest rates are expected to move. In selecting individual securities consistent with this outlook, the sub-adviser evaluates factors such as credit quality, yield, maturity, liquidity, and portfolio diversification. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions the Fund attempts to maintain a weighted average effective maturity between three and ten years and an effective duration of between two and one-half and seven years. The Fund&#8217;s weighted average effective maturity and effective duration are measures of how the Fund may react to interest rate changes. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">To generate additional income, the Fund may invest up to 10% of its total assets in dollar roll transactions. In a dollar roll transaction, the Fund sells mortgage-backed securities for delivery in the current month while contracting with the same party to repurchase similar securities at a future date. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">The Fund may utilize the following derivatives: futures contracts; options on futures contracts, swap agreements, including swap agreements on interest rates, security indexes and specific securities and credit default swap agreements; and options on the foregoing types of swap agreements. The Fund may enter into standardized derivatives contracts that are traded on domestic securities exchanges, boards of trade, or similar entities and non-standardized derivatives contracts traded in the over-the-counter (&#8220;OTC&#8221;) market. The Fund may use these derivatives in an attempt to manage market risk, credit risk and yield curve risk, to manage the effective maturity or duration of securities in the Fund&#8217;s portfolio, or for speculative purposes in an effort to increase the Fund&#8217;s yield or to enhance returns. The use of a derivative is speculative if the Fund is primarily seeking to enhance returns, rather than offset the risk of other positions. The Fund may not use derivatives to gain exposure to a security or type of security that it would be prohibited by its investment restrictions from purchasing directly. </font> 676 496 343 183 <font style="FONT-FAMILY: ARIAL" size="3">Principal Risks </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Risks </font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in the Fund include: </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2"><b>Call Risk</b>&#8212;If an issuer calls higher-yielding debt instruments held by the Fund, performance could be adversely impacted. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2"><b>Credit Risk</b>&#8212;Credit risk is the risk that an issuer of a debt security may be unable or unwilling to make interest and principal payments when due and the related risk that the value of a debt security may decline because of concerns about the issuer&#8217;s ability or willingness to make such payments. In addition, parties to other financial contracts with the Fund could default on their obligations. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2"><b>Derivatives Risk</b>&#8212;The use of derivatives involves additional risks and transaction costs which could leave the Fund in a worse position than if it had not used these instruments. Derivatives may entail investment exposures that are greater than their cost would suggest. As a result, a small investment in derivatives could have a large impact on performance. Recent legislation requires the development of a new regulatory framework for the derivatives market. The impact of the new regulations is still unknown, but has the potential to increase the costs of using derivatives, may limit the availability of some forms of derivatives or the Fund&#8217;s ability to use derivatives, and may adversely affect the performance of some derivative instruments used by the Fund as well as the Fund&#8217;s ability to pursue its investment objective through the use of such instruments. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2"><b>Dollar Roll Transaction Risk</b>&#8212;The use of dollar rolls can increase the volatility of the Fund&#8217;s share price, and it may have an adverse impact on performance unless the sub-adviser correctly predicts mortgage prepayments and interest rates. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2"><b>Income Risk</b>&#8212;The Fund&#8217;s income could decline during periods of falling interest rates. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2"><b>Interest Rate Risk</b>&#8212;Interest rate risk is the risk that the value of the Fund&#8217;s portfolio will decline because of rising interest rates. When interest rates change, the values of longer-duration debt securities usually change more than the values of shorter-duration debt securities. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2"><b>Market Risk</b>&#8212;The market values of the Fund&#8217;s investments may decline, at times sharply and unpredictably. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2"><b>Mortgage- and Asset-Backed Securities Risk</b>&#8212;These securities generally can be prepaid at any time. Prepayments that occur either more quickly or more slowly than expected can adversely impact the value of such securities. They are also subject to extension risk, which is the risk that rising interest rates could cause mortgages or other obligations underlying the securities to be prepaid more slowly than expected, resulting in slower prepayments of the securities. </font><br/><br/> <font style="FONT-FAMILY: ARIAL" size="2">A mortgage-backed security may be negatively affected by the quality of the mortgages underlying such security, the credit quality of its issuer or guarantor, and the nature and structure of its credit support. The downturn in the housing market and the resulting recession in the United States have negatively affected, and may continue to negatively affect, both the price and liquidity of certain mortgage-backed securities. </font> <font style="FONT-FAMILY: ARIAL" size="3">Fund Performance </font> 0.0799 0.0702 0.0518 0.1194 0.1242 0.1302 0.1356 0.1103 <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions, the Fund invests primarily (at least 80% of its net assets, plus the amount of any borrowings for investment purposes) in bonds, such as: </font><ul type="square"><li style="margin-right:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">U.S. government securities (securities issued or guaranteed by the U.S. government or its agencies or instrumentalities), including zero coupon securities. </font></blockquote></li></ul><ul type="square"><li style="margin-right:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">residential and commercial mortgage-backed securities.</font></blockquote></li></ul><ul type="square"><li style="margin-right:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">asset-backed securities.</font></blockquote></li></ul><ul type="square"><li style="margin-right:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">corporate debt obligations, including obligations issued by special-purpose entities that are backed by corporate debt obligations. </font></blockquote></li></ul><font style="FONT-FAMILY: ARIAL" size="2">Up to 10% of the Fund&#8217;s total assets may be invested collectively in the following categories of bonds: </font><ul type="square"><li style="margin-right:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">securities rated lower than investment grade or unrated securities of comparable quality as determined by the Fund&#8217;s adviser (securities commonly referred to as &#8220;high yield&#8221; or &#8220;junk bonds&#8221;). The Fund will not invest in securities rated lower than CCC at the time of purchase or in unrated securities of equivalent quality.</font></blockquote></li></ul><ul type="square"><li style="margin-right:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">non-dollar denominated debt obligations of foreign corporations and governments. </font></blockquote></li></ul><ul type="square"><li style="margin-right:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">debt obligations issued by governmental and corporate issuers that are located in emerging market countries. A country is considered to have an &#8220;emerging market&#8221; if it has a relatively low gross national product per capita compared to the world&#8217;s major economies, and the potential for rapid economic growth, provided that no issuer included in the Fund&#8217;s current benchmark index will be considered to be located in an emerging market country. </font></blockquote></li></ul><font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest up to 25% of its total assets in U.S. dollar denominated debt obligations of foreign corporations and governments that are not located in emerging market countries. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s sub-adviser selects securities using a &#8220;top-down&#8221; approach, which begins with the formulation of the sub-adviser&#8217;s general economic outlook. Following this, various sectors and industries are analyzed and selected for investment. Finally, the sub-adviser selects individual securities within these sectors or industries. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund invests primarily in bonds rated investment grade at the time of purchase by a nationally recognized statistical rating organization or in unrated securities of comparable quality. As noted above, however, up to 10% of the Fund&#8217;s total assets may be invested in securities that are rated lower than investment grade at the time of purchase or that are unrated and of comparable quality. Quality determinations regarding unrated securities will be made by the Fund&#8217;s sub-adviser. If the rating of a security is reduced or the credit quality of an unrated security declines after purchase, the Fund is not required to sell the security, but may consider doing so. At least 65% of the Fund&#8217;s debt securities must be either U.S. government securities or securities that are rated A or better or are unrated and of comparable quality. Unrated securities will not exceed 25% of the Fund&#8217;s total assets. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions the Fund attempts to maintain a weighted average effective maturity for its portfolio securities of fifteen years or less and an average effective duration of three to eight years. The Fund&#8217;s weighted average effective maturity and average effective duration are measures of how the Fund may react to interest rate changes. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">To generate additional income, the Fund may invest up to 25% of its total assets in dollar roll transactions. In a dollar roll transaction, the Fund sells mortgage-backed securities for delivery in the current month while contracting with the same party to repurchase similar securities at a future date. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund may utilize the following derivatives: options; futures contracts; options on futures contracts; interest rate caps, collars, and floors; foreign currency contracts; options on foreign currencies; swap agreements, including swap agreements on interest rates, currency rates, security indexes and specific securities, and credit default swap agreements; and options on the foregoing types of swap agreements. The Fund may enter into standardized derivatives contracts traded on domestic or foreign securities exchanges, boards of trade, or similar entities, and non-standardized derivatives contracts traded in the over-the-counter (&#8220;OTC&#8221;) market. The Fund may use these derivatives in an attempt to manage market risk, currency risk, credit risk and yield curve risk, to manage the effective maturity or duration of securities in the Fund&#8217;s portfolio or for speculative purposes in an effort to increase the Fund&#8217;s yield or to enhance returns. The Fund may also use derivatives to gain exposure to non-dollar denominated securities markets to the extent it does not do so through direct investments. The use of a derivative is speculative if the Fund is primarily seeking to enhance returns, rather than offset the risk of other positions. The Fund may not use any derivative to gain exposure to a security or type of security that it would be prohibited by its investment restrictions from purchasing directly. </font> 0.0512 0.0378 0.0357 0.0494 0.054 0.0599 0.0634 0.0567 <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in the Fund include: <br/><br/><b>Call Risk</b>&#8212;If an issuer calls higher-yielding debt instruments held by the Fund, performance could be adversely impacted.<br/><br/><b>Credit Risk</b>&#8212;Credit risk is the risk that an issuer of a debt security may be unable or unwilling to make interest and principal payments when due and the related risk that the value of a debt security may decline because of concerns about the issuer&#8217;s ability or willingness to make such payments. In addition, parties to other financial contracts with the Fund could default on their obligations.<br/><br/><b>Derivatives Risk</b>&#8212;The use of derivatives involves additional risks and transaction costs which could leave the Fund in a worse position than if it had not used these instruments. Derivatives may entail investment exposures that are greater than their cost would suggest. As a result, a small investment in derivatives could have a large impact on performance. Recent legislation requires the development of a new regulatory framework for the derivatives market. The impact of the new regulations is still unknown, but has the potential to increase the costs of using derivatives, may limit the availability of some forms of derivatives or the Fund&#8217;s ability to use derivatives, and may adversely affect the performance of some derivative instruments used by the Fund as well as the Fund&#8217;s ability to pursue its investment objective through the use of such instruments.<br/><br/><b>Dollar Roll Transaction Risk</b>&#8212;The use of dollar rolls can increase the volatility of the Fund&#8217;s share price, and it may have an adverse impact on performance unless the sub-adviser correctly predicts mortgage prepayments and interest rates.<br/><br/><b>High Yield Securities Risk</b>&#8212;High yield securities are high risk investments that may cause income and principal losses for the Fund. They generally have greater credit risk, are less liquid, and have more volatile prices than investment grade securities.<br/><br/><b>Income Risk</b>&#8212;The Fund&#8217;s income could decline during periods of falling interest rates.<br/><br/><b>Interest Rate Risk</b>&#8212;Interest rate risk is the risk that the value of the Fund&#8217;s portfolio will decline because of rising interest rates. When interest rates change, the values of longer-duration debt securities usually change more than the values of shorter-duration debt securities.<br/><br/><b>Market Risk</b>&#8212;The market values of the Fund&#8217;s investments may decline, at times sharply and unpredictably.<br/><br/><b>Mortgage- and Asset-Backed Securities Risk</b>&#8212;These securities generally can be prepaid at any time. Prepayments that occur either more quickly or more slowly than expected can adversely impact the value of such securities. They are also subject to extension risk, which is the risk that rising interest rates could cause mortgages or other obligations underlying the securities to be prepaid more slowly than expected, resulting in slower prepayments of the securities.<br/><br/>A mortgage-backed security may be negatively affected by the quality of the mortgages underlying such security, the credit quality of its issuer or guarantor, and the nature and structure of its credit support. The downturn in the housing market and the resulting recession in the United States have negatively affected, and may continue to negatively affect, both the price and liquidity of certain mortgage-backed securities.<br/><br/><b>Non-U.S./Emerging Markets Risk</b>&#8212;Non-U.S. issuers or U.S. issuers with significant non-U.S. operations may be subject to risks in addition to those of issuers located in or that principally operate in the United States as a result of, among other things, political, social and economic developments abroad and different legal, regulatory and tax environments. These additional risks may be heightened for securities of issuers located in, or with significant operations in, emerging market countries. Also, changes in currency exchange rates may affect the Fund&#8217;s net asset value, the value of dividends and interest earned, and gains and losses realized on the sale of securities.</font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNuveenCorePlusBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. The performance of the other share classes will differ due to their different expense structures. The bar chart and highest/ lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNoRedemptionNuveenCorePlusBondFund column period compact * ~</div> <Center><font style="FONT-FAMILY: ARIAL" size="2"><b>Class A Annual Total Return</b></font></Center> <font style="FONT-FAMILY: ARIAL" size="2"><b>Portfolio Turnover </b></font> <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions, the Fund invests primarily (at least 80% of its net assets, plus the amount of any borrowings for investment purposes) in bonds, such as: </font> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">U.S. government securities (securities issued or guaranteed by the U.S. government or its agencies or instrumentalities), including zero coupon securities. </font></blockquote></li> <li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">residential and commercial mortgage-backed securities. </font></blockquote></li> <li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">asset-backed securities. </font></blockquote></li> <li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">corporate debt obligations, including obligations issued by special-purpose entities that are backed by corporate debt obligations. </font></blockquote></li></ul><font style="FONT-FAMILY: ARIAL" size="2">Bonds in the Fund will be rated investment grade at the time of purchase or, if unrated, determined to be of comparable quality by the Fund&#8217;s sub-adviser. If the rating of a security is reduced or discounted after purchase, the Fund is not required to sell the security, but may consider doing so. At least 65% of the Fund&#8217;s debt securities must be either U.S. government securities or securities that are rated A or better or are unrated and of comparable quality as determined by the Fund&#8217;s adviser. Unrated securities will not exceed 25% of the Fund&#8217;s total assets. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s sub-adviser selects securities using a &#8220;top-down&#8221; approach, which begins with the formulation of the sub-adviser&#8217;s general economic outlook. Following this, various sectors and industries are analyzed and selected for investment. Finally, the sub-adviser selects individual securities within these sectors or industries. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest up to 25% of its total assets in U.S. dollar denominated debt obligations of foreign corporations and governments. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions the Fund attempts to maintain a weighted average effective maturity for its portfolio securities of three to ten years and an average effective duration of two to six years. The Fund&#8217;s weighted average effective maturity and effective duration are measures of how the Fund may react to interest rate changes. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">To generate additional income, the Fund may invest up to 25% of its total assets in dollar roll transactions. In a dollar roll transaction, the Fund sells mortgage-backed securities for delivery in the current month while contracting with the same party to repurchase similar securities at a future date. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">The Fund may utilize the following derivatives: options; futures contracts; options on futures contracts; interest rate caps, collars, and floors; swap agreements, including swap agreements on interest rates, security indexes and specific securities, and credit default swap agreements; and options on the foregoing types of swap agreements. The Fund may enter into standardized derivatives contracts traded on domestic or foreign securities exchanges, boards of trade, or similar entities, and non-standardized derivatives contracts traded in the over-the-counter (&#8220;OTC&#8221;) market. The Fund may use these derivatives in an attempt to manage market risk, credit risk and yield curve risk, to manage the effective maturity or duration of securities in the Fund&#8217;s portfolio or for speculative purposes in an effort to increase the Fund&#8217;s yield or to enhance returns. The use of a derivative is speculative if the Fund is primarily seeking to enhance returns, rather than offset the risk of other positions. The Fund may not use any derivative to gain exposure to a security or type of security that it would be prohibited by its investment restrictions from purchasing directly. </font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in the Fund include: </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Call Risk</b>&#8212;If an issuer calls higher-yielding debt instruments held by the Fund, performance could be adversely impacted. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Credit Risk</b>&#8212;Credit risk is the risk that an issuer of a debt security may be unable or unwilling to make interest and principal payments when due and the related risk that the value of a debt security may decline because of concerns about the issuer&#8217;s ability or willingness to make such payments. In addition, parties to other financial contracts with the Fund could default on their obligations. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Derivatives Risk</b>&#8212;The use of derivatives involves additional risks and transaction costs which could leave the Fund in a worse position than if it had not used these instruments. Derivatives may entail investment exposures that are greater than their cost would suggest. As a result, a small investment in derivatives could have a large impact on performance. Recent legislation requires the development of a new regulatory framework for the derivatives market. The impact of the new regulations is still unknown, but has the potential to increase the costs of using derivatives, may limit the availability of some forms of derivatives or the Fund&#8217;s ability to use derivatives, and may adversely affect the performance of some derivative instruments used by the Fund as well as the Fund&#8217;s ability to pursue its investment objective through the use of such instruments. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Dollar Roll Transaction Risk</b>&#8212;The use of dollar rolls can increase the volatility of the Fund&#8217;s share price, and it may have an adverse impact on performance unless the sub-adviser correctly predicts mortgage prepayments and interest rates. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Income Risk</b>&#8212;The Fund&#8217;s income could decline during periods of falling interest rates. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Interest Rate Risk</b>&#8212;Interest rate risk is the risk that the value of the Fund&#8217;s portfolio will decline because of rising interest rates. When interest rates change, the values of longer-duration debt securities usually change more than the values of shorter-duration debt securities. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Market Risk</b>&#8212;The market values of the Fund&#8217;s investments may decline, at times sharply and unpredictably. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Mortgage- and Asset-Backed Securities Risk</b>&#8212;These securities generally can be prepaid at any time. Prepayments that occur either more quickly or more slowly than expected can adversely impact the value of such securities. They are also subject to extension risk, which is the risk that rising interest rates could cause mortgages or other obligations underlying the securities to be prepaid more slowly than expected, resulting in slower prepayments of the securities. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">A mortgage-backed security may be negatively affected by the quality of the mortgages underlying such security, the credit quality of its issuer or guarantor, and the nature and structure of its credit support. The downturn in the housing market and the resulting recession in the United States have negatively affected, and may continue to negatively affect, both the price and liquidity of certain mortgage-backed securities. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>Non-U.S./Emerging Markets Risk</b>&#8212;Non-U.S. issuers or U.S. issuers with significant non-U.S. operations may be subject to risks in addition to those of issuers located in or that principally operate in the United States as a result of, among other things, political, social and economic developments abroad and different legal, regulatory and tax environments. These additional risks may be heightened for securities of issuers located in, or with significant operations in, emerging market countries. Also, changes in currency exchange rates may affect the Fund&#8217;s net asset value, the value of dividends and interest earned, and gains and losses realized on the sale of securities. </font> <font style="FONT-FAMILY: ARIAL" size="3">Fund Performance </font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Class A Annual Total Return</font></center> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. The performance of the other share classes will differ due to their different expense structures. The bar chart and highest/ lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAverageAnnualTotalReturnsTransposedNuveenCorePlusBondFund column period compact * ~</div> October 31, 2013 <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money.</font> <font style="FONT-FAMILY: ARIAL" size="2">An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. </font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</font> <font style="FONT-FAMILY: ARIAL" size="2"> All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary.</font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAverageAnnualTotalReturnsTransposedNuveenIntermediateGovernmentBondFund column period compact * ~</div> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNuveenIntermediateGovernmentBondFund column period compact * ~</div> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNuveenIntermediateTermBondFund column period compact * ~</div> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNoRedemptionNuveenIntermediateGovernmentBondFund column period compact * ~</div> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNoRedemptionNuveenIntermediateTermBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="1">October 31, 2013</font> <font style="FONT-FAMILY: ARIAL" size="1">Other Expenses have been restated to reflect current contractual fees. </font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money.</font> <font style="FONT-FAMILY: ARIAL" size="2">An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart and highest/ lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown.</font> <font style="FONT-FAMILY: ARIAL" size="2">All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary.</font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart and highest/ lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <font style="FONT-FAMILY: ARIAL" size="1">year-to-date total return</font> 2008-12-31 <font style="FONT-FAMILY: ARIAL" size="1">lowest</font> 2004-06-30 <font style="FONT-FAMILY: ARIAL" size="2">year-to-date total return</font> <font style="FONT-FAMILY: ARIAL" size="2">lowest</font> 2008-09-30 2009-06-30 <font style="FONT-FAMILY: ARIAL" size="2"><b>No Redemption</b></font> 2012-10-30 <font style="FONT-FAMILY: ARIAL" size="1">Expenses have been restated to reflect current contractual fees.</font> <font style="FONT-FAMILY: ARIAL" size="2"><b>No Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. </font> <font style="FONT-FAMILY: ARIAL" size="2">An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. </font> <font style="FONT-FAMILY: ARIAL" size="2">All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. </font> <font style="FONT-FAMILY: ARIAL" size="1">year-to-date total return</font> 2008-03-31 <font style="FONT-FAMILY: ARIAL" size="2">lowest</font> 2008-12-31 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAverageAnnualTotalReturnsTransposedNuveenInflationProtectedSecuritiesFund column period compact * ~</div> 15 15 15 0 15 0.01 0.0025 0.01 0.005 0 0.0011 0.0012 0.0012 0.0011 0.0011 0.0067 0.0166 0.0117 0.0166 0.0091 0.016 0.011 0.006 0.016 0.0085 15 15 0 15 0.0025 0.01 0.005 0 0.0011 0.0011 0.0008 0.0011 0.0075 0.015 0.0097 0.005 0.0072 0.0147 0.0097 0.0047 697 518 518 365 207 456 471 309 157 0.0096 0.0143 0.0564 -0.0443 0.1279 0.0333 -0.0178 -0.0256 -0.0115 -0.0046 0.0056 0.0159 0.0126 0.0117 0.0207 0.0264 0.0287 0.0168 0.0174 0.0325 0.0363 0.031 0.0554 0.0237 0.0589 -0.1481 0.364 <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNuveenShortTermBondFund column period compact * ~</div> 0.0912 <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNoRedemptionNuveenShortTermBondFund column period compact * ~</div> -0.0105 -0.0241 -0.0069 -0.0245 0.0252 0.0303 0.0355 0.0784 0.0282 0.0359 0.0365 0.0555 0.052 0.0521 0.0579 0.0626 0.0578 0.0684 <div style="display:none">~ http://www.nuveen.com/role/ScheduleAverageAnnualTotalReturnsTransposedNuveenShortTermBondFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="3">Investment Objective </font> <font style="FONT-FAMILY: ARIAL" size="3">Fees and Expenses of the Fund </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Risks </font> <font style="FONT-FAMILY: ARIAL" size="3">Fund Performance </font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. The performance of the other share classes will differ due to their different expense structures. The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Portfolio Turnover </b></font> <font style="FONT-FAMILY: ARIAL" size="2"><b>No Redemption</b></font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Class A Annual Total Return</b></font></center> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in the Fund include: </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>Call Risk</b>&#8212;If an issuer calls higher-yielding debt instruments held by the Fund, performance could be adversely impacted. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>Credit Risk</b>&#8212;Credit risk is the risk that an issuer of a debt security may be unable or unwilling to make interest and principal payments when due and the related risk that the value of a debt security may decline because of concerns about the issuer&#8217;s ability or willingness to make such payments. In addition, parties to other financial contracts with the Fund could default on their obligations. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>Derivatives Risk</b>&#8212;The use of derivatives involves additional risks and transaction costs which could leave the Fund in a worse position than if it had not used these instruments. Derivatives may entail investment exposures that are greater than their cost would suggest. As a result, a small investment in derivatives could have a large impact on performance. Recent legislation requires the development of a new regulatory framework for the derivatives market. The impact of the new regulations is still unknown, but has the potential to increase the costs of using derivatives, may limit the availability of some forms of derivatives or the Fund&#8217;s ability to use derivatives, and may adversely affect the performance of some derivative instruments used by the Fund as well as the Fund&#8217;s ability to pursue its investment objective through the use of such instruments. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>High Yield Securities Risk</b>&#8212;High yield securities are high risk investments that may cause income and principal losses for the Fund. They generally have greater credit risk, are less liquid, and have more volatile prices than investment grade securities. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>Income Risk</b>&#8212;The Fund&#8217;s income could decline during periods of falling interest rates. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>Interest Rate Risk</b>&#8212;Interest rate risk is the risk that the value of the Fund&#8217;s portfolio will decline because of rising interest rates. When interest rates change, the values of longer-duration debt securities usually change more than the values of shorter-duration debt securities. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>Market Risk</b>&#8212;The market values of the Fund&#8217;s investments may decline, at times sharply and unpredictably. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>Mortgage- and Asset-Backed Securities Risk</b>&#8212;These securities generally can be prepaid at any time. Prepayments that occur either more quickly or more slowly than expected can adversely impact the value of such securities. They are also subject to extension risk, which is the risk that rising interest rates could cause mortgages or other obligations underlying the securities to be prepaid more slowly than expected, resulting in slower prepayments of the securities. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">A mortgage-backed security may be negatively affected by the quality of the mortgages underlying such security, the credit quality of its issuer or guarantor, and the nature and structure of its credit support. The downturn in the housing market and the resulting recession in the United States have negatively affected, and may continue to negatively affect, both the price and liquidity of certain mortgage-backed securities. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2"><b>Non-U.S./Emerging Markets Risk</b>&#8212;Non-U.S. issuers or U.S. issuers with significant non-U.S. operations may be subject to risks in addition to those of issuers located in or that principally operate in the United States as a result of, among other things, political, social and economic developments abroad and different legal, regulatory and tax environments. These additional risks may be heightened for securities of issuers located in, or with significant operations in, emerging market countries. Also, changes in currency exchange rates may affect the Fund&#8217;s net asset value, the value of dividends and interest earned, and gains and losses realized on the sale of securities. </font> <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions, the Fund invests primarily (at least 80% of its net assets, plus the amount of any borrowings for investment purposes) in bonds, such as: </font><br/><br/><ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">residential and commercial mortgage-backed securities. </font></blockquote></li><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">asset-backed securities. </font></blockquote></li><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">corporate debt obligations, including obligations issued by special-purpose entities that are backed by corporate debt obligations. </font></blockquote></li><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">U.S. government securities, which are securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. </font></blockquote></li><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">municipal securities. </font></blockquote></li></ul><font style="FONT-FAMILY: ARIAL" size="2">Up to 20% of the Fund&#8217;s total assets may be invested in securities rated lower than investment grade or unrated securities of comparable quality as determined by the Fund&#8217;s sub-adviser (securities commonly referred to as &#8220;high yield&#8221; or &#8220;junk bonds&#8221;). The Fund will not invest in securities rated lower than CCC at the time of purchase or in unrated securities of equivalent quality. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest up to 35% of its total assets in debt obligations of foreign corporations and foreign governments. However, no more than 10% of the Fund&#8217;s total assets may be invested in debt obligations of corporations and governments that are located in emerging market countries. A country is considered to have an &#8220;emerging market&#8221; if it has a relatively low gross national product per capita compared to the world&#8217;s major economies, and the potential for rapid economic growth, provided that no issuer included in the Fund&#8217;s current benchmark index will be considered to be located in an emerging market country. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">Up to 10% of the Fund&#8217;s total assets may have non-U.S. dollar currency exposure from non-U.S. dollar denominated securities and currency derivatives, calculated on an absolute notional basis (i.e., adding together the absolute value of net long and net short exposures to non-U.S. dollar currencies). </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s sub-adviser selects securities using a &#8220;top-down&#8221; approach which begins with the formulation of the sub-adviser&#8217;s general economic outlook. Following this, various sectors and industries are analyzed and selected for investment. Finally, the sub-adviser selects individual securities within these sectors or industries. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund invests primarily in debt securities rated investment grade at the time of purchase by a nationally recognized statistical rating organization or in unrated securities of comparable quality. As noted above, however, up to 20% of the Fund&#8217;s total assets may be invested in securities that are rated lower than investment grade at the time of purchase or that are unrated and of comparable quality. Quality determinations regarding unrated securities will be made by the Fund&#8217;s sub-adviser. If the rating of a security is reduced or the credit quality of an unrated security declines after purchase, the Fund is not required to sell the security, but may consider doing so. Unrated securities will not exceed 5% of the Fund&#8217;s total assets. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions the Fund attempts to maintain a weighted average effective maturity and an average effective duration for its portfolio securities of one to three years. The Fund&#8217;s weighted average effective maturity and effective duration are measures of how the Fund may react to interest rate changes. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund may utilize the following derivatives: options; futures contracts; options on futures contracts; interest rate caps, collars, and floors; foreign currency contracts; options on foreign currencies; swap agreements, including swap agreements on interest rates, currency rates, security indexes and specific securities, and credit default swap agreements; and options on the foregoing types of swap agreements. The Fund may enter into standardized derivatives contracts traded on domestic or foreign securities exchanges, boards of trade, or similar entities, and non-standardized derivatives contracts traded in the over-the-counter (&#8220;OTC&#8221;) market. The Fund may use these derivatives in an attempt to manage market risk, currency risk, credit risk and yield curve risk, to manage the effective maturity or duration of securities in the Fund&#8217;s portfolio or for speculative purposes in an effort to increase the Fund&#8217;s yield or to enhance returns. The Fund may also use derivatives to gain exposure to non-dollar denominated securities markets to the extent it does not do so through direct investments. The use of a derivative is speculative if the Fund is primarily seeking to enhance returns, rather than offset the risk of other positions. The Fund may not use any derivative to gain exposure to a security or type of security that it would be prohibited by its investment restrictions from purchasing directly. </font> <font style="FONT-FAMILY: ARIAL" size="1">October 31, 2013</font> <font style="FONT-FAMILY: ARIAL" size="1">Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current contractual fees. </font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money.</font> <font style="FONT-FAMILY: ARIAL" size="2">An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <font style="FONT-FAMILY: ARIAL" size="1">year-to-date total return</font> 2009-06-30 <font style="FONT-FAMILY: ARIAL" size="2">lowest</font> 2008-12-31 <font style="FONT-FAMILY: ARIAL" size="2">All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</font> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary.</font> <font style="FONT-FAMILY: ARIAL" size="3">Investment Objective </font> <font style="FONT-FAMILY: ARIAL" size="3">Fees and Expenses of the Fund </font> <font style="FONT-FAMILY: ARIAL" size="3">Principal Risks </font> <font style="FONT-FAMILY: ARIAL" size="3">Fund Performance </font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart below shows the variability of the Fund&#8217;s performance from year to year for Class A shares. The performance of the other share classes will differ due to their different expense structures. The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2"><b>No Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in the Fund include: <br/><br/><b>Call Risk</b>&#8212;If an issuer calls higher-yielding debt instruments held by the Fund, performance could be adversely impacted.<br/><br/><b>Credit Risk</b>&#8212;Credit risk is the risk that an issuer of a debt security may be unable or unwilling to make interest and principal payments when due and the related risk that the value of a debt security may decline because of concerns about the issuer&#8217;s ability or willingness to make such payments. In addition, parties to other financial contracts with the Fund could default on their obligations.<br/><br/><b>Derivatives Risk</b>&#8212;The use of derivatives involves additional risks and transaction costs which could leave the Fund in a worse position than if it had not used these instruments. Derivatives may entail investment exposures that are greater than their cost would suggest. As a result, a small investment in derivatives could have a large impact on performance. Recent legislation requires the development of a new regulatory framework for the derivatives market. The impact of the new regulations is still unknown, but has the potential to increase the costs of using derivatives, may limit the availability of some forms of derivatives or the Fund&#8217;s ability to use derivatives, and may adversely affect the performance of some derivative instruments used by the Fund as well as the Fund&#8217;s ability to pursue its investment objective through the use of such instruments.<br/><br/><b>Dollar Roll Transaction Risk</b>&#8212;The use of dollar rolls can increase the volatility of the Fund&#8217;s share price, and it may have an adverse impact on performance unless the sub-adviser correctly predicts mortgage prepayments and interest rates.<br/><br/><b>High Yield Securities Risk</b>&#8212;High yield securities are high risk investments that may cause income and principal losses for the Fund. They generally have greater credit risk, are less liquid, and have more volatile prices than investment grade securities.<br/><br/><b>Income Risk</b>&#8212;The Fund&#8217;s income could decline during periods of falling interest rates.<br/><br/><b>Interest Rate Risk</b>&#8212;Interest rate risk is the risk that the value of the Fund&#8217;s portfolio will decline because of rising interest rates. When interest rates change, the values of longer-duration debt securities usually change more than the values of shorter-duration debt securities.<br/><br/><b>Market Risk</b>&#8212;The market values of the Fund&#8217;s investments may decline, at times sharply and unpredictably.<br/><br/><b>Mortgage- and Asset-Backed Securities Risk</b>&#8212;These securities generally can be prepaid at any time. Prepayments that occur either more quickly or more slowly than expected can adversely impact the value of such securities. They are also subject to extension risk, which is the risk that rising interest rates could cause mortgages or other obligations underlying the securities to be prepaid more slowly than expected, resulting in slower prepayments of the securities.<br/><br/>A mortgage-backed security may be negatively affected by the quality of the mortgages underlying such security, the credit quality of its issuer or guarantor, and the nature and structure of its credit support. The downturn in the housing market and the resulting recession in the United States have negatively affected, and may continue to negatively affect, both the price and liquidity of certain mortgage-backed securities.<br/><br/><b>Non-U.S./Emerging Markets Risk</b>&#8212;Non-U.S. issuers or U.S. issuers with significant non-U.S. operations may be subject to risks in addition to those of issuers located in or that principally operate in the United States as a result of, among other things, political, social and economic developments abroad and different legal, regulatory and tax environments. These additional risks may be heightened for securities of issuers located in, or with significant operations in, emerging market countries. Also, changes in currency exchange rates may affect the Fund&#8217;s net asset value, the value of dividends and interest earned, and gains and losses realized on the sale of securities.</font> <font style="FONT-FAMILY: ARIAL" size="2"><b>Portfolio Turnover </b></font> <center><font style="FONT-FAMILY: ARIAL" size="2"><b>Class A Annual Total Return </b></font></center> <font style="FONT-FAMILY: ARIAL" size="2">After-tax returns are shown for Class A shares only; after-tax returns for other share classes will vary. </font> <font style="FONT-FAMILY: ARIAL" size="2">All after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</font> <font style="FONT-FAMILY: ARIAL" size="2">The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. </font> <font style="FONT-FAMILY: ARIAL" size="1">An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font> <font style="FONT-FAMILY: ARIAL" size="2">The price and yield of this Fund will change daily, which means you could lose money. </font> <font style="FONT-FAMILY: ARIAL" size="1">Other Expenses have been restated to reflect current contractual fees.</font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNuveenStrategicIncomeFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="1">October 31, 2013 </font> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNoRedemptionNuveenStrategicIncomeFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions, the Fund invests at least 80% of its net assets in debt securities, including:</font> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">U.S. government securities (securities issued or guaranteed by the U.S. government or its agencies or instrumentalities).</font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">residential and commercial mortgage-backed securities.</font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">asset-backed securities.</font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">domestic and foreign corporate debt obligations, including obligations issued by special-purpose entities that are backed by corporate debt obligations. </font></blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote><font style="FONT-FAMILY: ARIAL" size="2">debt obligations of foreign governments.</font></blockquote></li></ul><font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest up to 30% of its total assets in non-dollar denominated debt obligations of foreign corporations and governments, including debt obligations issued by governmental and corporate issuers that are located in emerging market countries. The Fund may invest without limitation in U.S. dollar denominated securities of foreign issuers.</font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund may invest up to 50% of its total assets in securities rated lower than investment grade or unrated securities of comparable quality as determined by the Fund's sub-adviser (securities commonly referred to as "high yield" or "junk bonds"). The Fund will not invest in securities rated lower than CCC at the time of purchase or in unrated securities of equivalent quality. Unrated securities will not exceed 25% of the Fund's total assets. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund's sub-adviser makes buy, sell, and hold decisions using a "top-down" approach, which begins with the formulation of the sub-adviser's general economic outlook. Following this, various sectors and industries are analyzed and selected for investment. Finally, the sub-adviser selects individual securities within these sectors or industries. The sub-adviser also analyzes expected changes to the yield curve under multiple market conditions to help define maturity and duration selection. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">To generate additional income, the Fund may invest up to 25% of its total assets in dollar roll transactions. In a dollar roll transaction, the Fund sells mortgage-backed securities for delivery in the current month while contracting with the same party to repurchase similar securities at a future date. </font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">Under normal market conditions the Fund attempts to maintain a weighted average effective maturity for its portfolio securities of fifteen years or less and an average effective duration of three to eight years. The Fund's weighted average effective maturity and average effective duration are measures of how the Fund may react to interest rate changes.</font><br/><br/><font style="FONT-FAMILY: ARIAL" size="2">The Fund may utilize the following derivatives: options; futures contracts; options on futures contracts; interest rate caps, collars, and floors; foreign currency contracts; options on foreign currencies; swap agreements, including swap agreements on interest rates, currency rates, security indexes and specific securities, and credit default swap agreements; and options on the foregoing types of swap agreements. The Fund may enter into standardized derivatives contracts traded on domestic or foreign securities exchanges, boards of trade, or similar entities, and non-standardized derivatives contracts traded in the over-the-counter (&#8220;OTC&#8221;) market. The Fund may use these derivatives in an attempt to manage market risk, currency risk, credit risk and yield curve risk, to manage the effective maturity or duration of securities in the Fund&#8217;s portfolio or for speculative purposes in an effort to increase the Fund&#8217;s yield or to enhance returns. The Fund may also use derivatives to gain exposure to non-dollar denominated securities markets to the extent it does not do so through direct investments. The use of a derivative is speculative if the Fund is primarily seeking to enhance returns, rather than offset the risk of other positions. The Fund may not use any derivative to gain exposure to a security or type of security that it would be prohibited by its investment restrictions from purchasing directly. </font> <font style="FONT-FAMILY: ARIAL" size="1">year-to-date total return</font> 2009-06-30 <font style="FONT-FAMILY: ARIAL" size="2">lowest</font> 2008-09-30 <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNuveenInflationProtectedSecuritiesFund column period compact * ~</div> <div style="display:none">~ http://www.nuveen.com/role/ScheduleExpenseExampleNoRedemptionNuveenInflationProtectedSecuritiesFund column period compact * ~</div> <div style="display:none">~ http://www.nuveen.com/role/ScheduleAverageAnnualTotalReturnsTransposedNuveenStrategicIncomeFund column period compact * ~</div> <font style="FONT-FAMILY: ARIAL" size="2"><b>No Redemption</b></font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <font style="FONT-FAMILY: ARIAL" size="1">October 31, 2013</font> <font style="FONT-FAMILY: ARIAL" size="1">The Fund previously showed Annual Total Returns for Class I. Going forward, the Fund will show Annual Total Returns for Class A because Class A shares now have a ten-year history, and showing Annual Total Returns for Class A shares is consistent with the disclosure of other funds in the Nuveen Fund complex. </font> <font style="FONT-FAMILY: ARIAL" size="2">The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown. </font> <font style="FONT-FAMILY: ARIAL" size="2">The investment objective of the Fund is to provide investors with high current income consistent with limited risk to capital. </font> 0 0 0 0.0058 0.0058 0.0058 0.0058 0.0058 0.0002 0.0002 0.0002 0.0002 0.0002 1619 1842 2030 1489 918 0 0 0 0 0 0.0045 0.0045 0.0045 0.0045 0.0045 0.1046 0.0464 0.0173 0.0222 0.0473 0.0491 0.0541 0.0592 0.0774 0.051 0.065 0.0477 0.0308 0.0305 0.0474 0.0491 0.0547 0.0596 0.0557 698 1391 1654 1863 1291 <font style="FONT-FAMILY: ARIAL" size="2">The investment objective of the Fund is to provide investors with a high level of current income. </font> 0 0 0 0 0.0045 0.0045 0.0045 0.0047 0.0047 0.0047 0.0047 0.98 1248 1834 676 0.0486 0.0336 0.0326 0.0567 0.065 0.0588 0.0557 <font style="FONT-FAMILY: ARIAL" size="2">The following bar chart and table provide some indication of the potential risks of investing in the Fund. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx or by calling (800) 257-8787. </font> 1402 1980 1425 839 0.0368 0.0318 0.047 0.0367 0.0343 1.24 0.0549 0.0586 0.0574 0.0365 <font style="FONT-FAMILY: ARIAL" size="2">The investment objective of the Fund is to provide investors with total return while providing protection against inflation. </font> <font style="FONT-FAMILY: ARIAL" size="2">highest</font> -0.0639 <font style="FONT-FAMILY: ARIAL" size="2">highest</font> -0.1917 <font style="FONT-FAMILY: ARIAL" size="2">The investment objective of the Fund is to provide investors with current income to the extent consistent with preservation of capital. </font> 0 0 0 0 0.0043 0.0043 0.0043 0.0043 <font style="FONT-FAMILY: ARIAL" size="2">The investment objective of the Fund is to provide investors with current income to the extent consistent with the preservation of capital. </font> <font style="FONT-FAMILY: ARIAL" size="2">The following bar chart and table provide some indication of the potential risks of investing in the Fund. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx or by calling (800) 257-8787. </font><br /><br /> -0.0009 1395 1867 1317 714 0.0649 0.053 0.0486 0.0661 0.0701 0.0766 0.0795 0.0667 <font style="FONT-FAMILY: ARIAL" size="2">The following bar chart and table provide some indication of the potential risks of investing in the Fund. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx or by calling (800) 257-8787. </font> <font style="FONT-FAMILY: ARIAL" size="2">The following bar chart and table provide some indication of the potential risks of investing in the Fund. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx or by calling (800) 257-8787. </font> 0.75 0 0 0 0.72 <font style="FONT-FAMILY: ARIAL" size="1">highest</font> -0.0241 -0.0511 <font style="FONT-FAMILY: ARIAL" size="2">highest</font> 0.47 <font style="FONT-FAMILY: ARIAL" size="2">highest</font> -0.0418 0 0 0 0 0 0.0054 0.0054 0.0054 0.0054 0.0054 0.0001 0.0001 0.0001 0.0001 0.0001 0 0 0 0 0.0039 0.0039 0.0039 0.0039 1414 828 1760 1960 1492 1132 1788 1190 625 0.0386 0.0293 0.0168 0.0177 0.0354 0.0399 0.0303 0.031 0.0383 0.0586 0.0377 0.0577 0.0596 0.0642 0.07 0.065 0.052 <font style="FONT-FAMILY: ARIAL" size="2">The investment objective of the Fund is to provide investors with current income while maintaining a high degree of principal stability. </font> <font style="FONT-FAMILY: ARIAL" size="2">The following bar chart and table provide some indication of the potential risks of investing in the Fund. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx or by calling (800) 257-8787. </font> 0.56 <font style="FONT-FAMILY: ARIAL" size="2">highest</font> -0.0337 <font style="FONT-FAMILY: ARIAL" size="2">The investment objective of the Fund is to provide investors with total return. </font> <font style="FONT-FAMILY: ARIAL" size="2">The following bar chart and table provide some indication of the potential risks of investing in the Fund. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx or by calling (800) 257-8787. </font><br /><br /> <font style="FONT-FAMILY: ARIAL" size="2">The following bar chart and table provide some indication of the potential risks of investing in the Fund. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at www.nuveen.com/MutualFunds/PricingPerformance/Performance.aspx or by calling (800) 257-8787. </font> 1.99 <font style="FONT-FAMILY: ARIAL" size="2">highest</font> -0.086 <font style="FONT-FAMILY: ARIAL" size="2">Class C shares have not been offered for a full calendar year, and thus do not have any performance to report. </font> <font style="FONT-FAMILY: ARIAL" size="2">Class R3 shares have not been offered for a full calendar year, and thus do not have any performance to report.</font> The contingent deferred sales charge ("CDSC") on Class B shares declines over a six-year period from purchase. The CDSC on Class C shares applies only to redemptions within 12 months of purchase. Fee applies to the following types of accounts under $1,000 held directly with the Fund: individual retirement accounts (IRAs), Coverdell Education Savings Accounts and accounts established pursuant to the Uniform Transfers to Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA). Expenses have been restated to reflect current contractual fees. Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current contractual fees. The Fund's investment adviser has contractually agreed to waive fees and/or reimburse other Fund expenses through October 31, 2013 so that total annual fund operating expenses, after fee waivers and/or expense reimbursements and excluding Acquired Fund Fees and Expenses, do not exceed 0.77%, 1.52%, 1.52%, 1.02% and 0.52% for Class A, Class B, Class C, Class R3 and Class I shares, respectively. Fee waivers and/or expense reimbursements will not be terminated prior to that time without the approval of the Fund's board of directors. The Fund's investment adviser has contractually agreed to waive fees and/or reimburse other Fund expenses through October 31, 2013 so that total annual fund operating expenses, after fee waivers and/or expense reimbursements and excluding Acquired Fund Fees and Expenses, do not exceed 0.78%, 1.53% and 0.53% for Class A, Class C and Class I shares, respectively. Fee waivers and/or expense reimbursements will not be terminated prior to that time without the approval of the Fund's board of directors. The Fund's investment adviser has contractually agreed to waive fees and/or reimburse other Fund expenses through October 31, 2013 so that total annual fund operating expenses, after fee waivers and/or expense reimbursements and excluding Acquired Fund Fees and Expenses, do not exceed 0.72%, 1.47%, 0.97% and 0.47% for Class A, Class C, Class R3 and Class I shares, respectively. Fee waivers and/or expense reimbursements will not be terminated prior to that time without the approval of the Fund's board of directors. Performance presented prior to 3/14/03 represents that of First American High Yield Bond Fund, which merged into the Fund on that date. The contingent deferred sales charge on Class C shares applies only to redemptions within 12 months of purchase. Fee applies to the following types of accounts under $1,000 held directly with the Fund: individual retirement accounts (IRAs), Coverdell Education Savings Accounts and accounts established pursuant to the Uniform Transfers to Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA). Other Expenses have been restated to reflect current contractual fees. The Fund's investment adviser has contractually agreed to waive fees and/or reimburse other Fund expenses through October 31, 2013 so that total annual fund operating expenses, after fee waivers and/or expense reimbursements and excluding Acquired Fund Fees and Expenses, do not exceed 0.85%, 1.60%, 1.10%, and 0.60% for Class A, Class C, Class R3, and Class I shares, respectively. Fee waivers and/or expense reimbursements will not be terminated prior to that time without the approval of the Fund's board of directors. Class A year-to-date total return as of September 30, 2012 was 13.62%. Class A year-to-date total return as of September 30, 2012 was 5.88%. The Fund previously showed Annual Total Returns for Class I. Going forward, the Fund will show Annual Total Returns for Class A because Class A shares now have a ten-year history, and showing Annual Total Returns for Class A shares is consistent with the disclosure of other funds in the Nuveen Fund complex. Performance presented prior to 9/24/01 represents that of the Firstar Intermediate Bond Fund, a series of Firstar Funds, Inc., which merged into the Fund on that date. The Fund previously disclosed the return after taxes on distributions and the return after taxes on distributions and sale of Fund shares for Class I. Going forward, the Fund will disclose these returns for Class A because Class A shares now have a ten year history, and disclosing these returns for Class A shares is consistent with the disclosure of other funds in the Nuveen Fund complex. Class A year-to-date total return as of September 30, 2012 was 2.37%. The contingent deferred sales charge on Class C shares applies only to redemptions within 12 months of purchase. Fee applies to the following types of accounts under $1,000 held directly with the Fund: individual retirement accounts (IRAs), Coverdell Education Savings Accounts and accounts established pursuant to the Uniform Transfers to Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA). Expenses have been restated to reflect current contractual fees. Class A year-to-date total return as of September 30, 2012 was 5.87%. Class A year-to-date total return as of September 30, 2012 was 10.71%. The contingent deferred sales charge ("CDSC") on Class B shares declines over a six-year period from purchase. The CDSC on Class C shares applies only to redemptions within 12 months of purchase. Fee applies to the following types of accounts under $1,000 held directly with the Fund: individual retirement accounts (IRAs), Coverdell Education Savings Accounts and accounts established pursuant to the Uniform Transfers to Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA). Other Expenses have been restated to reflect current contractual fees. The Fund's investment adviser has contractually agreed to waive fees and/or reimburse other Fund expenses through October 31, 2013 so that total annual fund operating expenses, after fee waivers and/or expense reimbursements and excluding Acquired Fund Fees and Expenses, do not exceed 0.84% , 1.59%, 1.59%, 1.09%, and 0.59% for Class A, Class B, Class C, Class R3 and Class I shares, respectively. Fee waivers and/or expense reimbursements will not be terminated prior to that time without the approval of the Fund's board of directors. Class A year-to-date total return as of September 30, 2012 was 4.19%. Class A year-to-date total return as of September 30, 2012 was 7.12%. EX-101.SCH 3 nifi2-20121029.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - Nuveen Core Plus Bond Fund link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees {- Nuveen Core Plus Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses {- Nuveen Core Plus Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000014 - Schedule - Expense Example {- Nuveen Core Plus Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {- Nuveen Core Plus Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns - Nuveen Core Plus Bond Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} {- Nuveen Core Plus Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - Nuveen Core Plus Bond Fund link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - Nuveen Core Plus Bond Fund link:presentationLink link:calculationLink link:definitionLink 000021 - Document - Risk/Return Summary {Unlabeled} - Nuveen High Income Bond Fund link:presentationLink link:calculationLink link:definitionLink 000022 - Schedule - Shareholder Fees {- Nuveen High Income Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000023 - Schedule - Annual Fund Operating Expenses {- Nuveen High Income Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000024 - Schedule - Expense Example {- Nuveen High Income Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000025 - Schedule - Expense Example, No Redemption {- Nuveen High Income Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000026 - Schedule - Annual Total Returns - Nuveen High Income Bond Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000027 - Schedule - Average Annual Total Returns {Transposed} {- Nuveen High Income Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000028 - Document - Risk/Return Detail {Unlabeled} - Nuveen High Income Bond Fund link:presentationLink link:calculationLink link:definitionLink 000029 - Disclosure - Risk/Return Detail Data {Elements} - Nuveen High Income Bond Fund link:presentationLink link:calculationLink link:definitionLink 000031 - Document - Risk/Return Summary {Unlabeled} - Nuveen Inflation Protected Securities Fund link:presentationLink link:calculationLink link:definitionLink 000032 - Schedule - Shareholder Fees {- Nuveen Inflation Protected Securities Fund} link:presentationLink link:calculationLink link:definitionLink 000033 - Schedule - Annual Fund Operating Expenses {- Nuveen Inflation Protected Securities Fund} link:presentationLink link:calculationLink link:definitionLink 000034 - Schedule - Expense Example {- Nuveen Inflation Protected Securities Fund} link:presentationLink link:calculationLink link:definitionLink 000035 - Schedule - Expense Example, No Redemption {- Nuveen Inflation Protected Securities Fund} link:presentationLink link:calculationLink link:definitionLink 000036 - Schedule - Annual Total Returns - Nuveen Inflation Protected Securities Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000037 - Schedule - Average Annual Total Returns {Transposed} {- Nuveen Inflation Protected Securities Fund} link:presentationLink link:calculationLink link:definitionLink 000038 - Document - Risk/Return Detail {Unlabeled} - Nuveen Inflation Protected Securities Fund link:presentationLink link:calculationLink link:definitionLink 000039 - Disclosure - Risk/Return Detail Data {Elements} - Nuveen Inflation Protected Securities Fund link:presentationLink link:calculationLink link:definitionLink 000041 - Document - Risk/Return Summary {Unlabeled} - Nuveen Intermediate Government Bond Fund link:presentationLink link:calculationLink link:definitionLink 000042 - Schedule - Shareholder Fees {- Nuveen Intermediate Government Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000043 - Schedule - Annual Fund Operating Expenses {- Nuveen Intermediate Government Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000044 - Schedule - Expense Example {- Nuveen Intermediate Government Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000045 - Schedule - Expense Example, No Redemption {- Nuveen Intermediate Government Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000046 - Schedule - Annual Total Returns - Nuveen Intermediate Government Bond Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000047 - Schedule - Average Annual Total Returns {Transposed} {- Nuveen Intermediate Government Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000048 - Document - Risk/Return Detail {Unlabeled} - Nuveen Intermediate Government Bond Fund link:presentationLink link:calculationLink link:definitionLink 000049 - Disclosure - Risk/Return Detail Data {Elements} - Nuveen Intermediate Government Bond Fund link:presentationLink link:calculationLink link:definitionLink 000051 - Document - Risk/Return Summary {Unlabeled} - Nuveen Intermediate Term Bond Fund link:presentationLink link:calculationLink link:definitionLink 000052 - Schedule - Shareholder Fees {- Nuveen Intermediate Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000053 - Schedule - Annual Fund Operating Expenses {- Nuveen Intermediate Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000054 - Schedule - Expense Example {- Nuveen Intermediate Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000055 - Schedule - Expense Example, No Redemption {- Nuveen Intermediate Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000056 - Schedule - Annual Total Returns - Nuveen Intermediate Term Bond Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000057 - Schedule - Average Annual Total Returns {Transposed} {- Nuveen Intermediate Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000058 - Document - Risk/Return Detail {Unlabeled} - Nuveen Intermediate Term Bond Fund link:presentationLink link:calculationLink link:definitionLink 000059 - Disclosure - Risk/Return Detail Data {Elements} - Nuveen Intermediate Term Bond Fund link:presentationLink link:calculationLink link:definitionLink 000061 - Document - Risk/Return Summary {Unlabeled} - Nuveen Short Term Bond Fund link:presentationLink link:calculationLink link:definitionLink 000062 - Schedule - Shareholder Fees {- Nuveen Short Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000063 - Schedule - Annual Fund Operating Expenses {- Nuveen Short Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000064 - Schedule - Expense Example {- Nuveen Short Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000065 - Schedule - Expense Example, No Redemption {- Nuveen Short Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000066 - Schedule - Annual Total Returns - Nuveen Short Term Bond Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000067 - Schedule - Average Annual Total Returns {Transposed} {- Nuveen Short Term Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000068 - Document - Risk/Return Detail {Unlabeled} - Nuveen Short Term Bond Fund link:presentationLink link:calculationLink link:definitionLink 000069 - Disclosure - Risk/Return Detail Data {Elements} - Nuveen Short Term Bond Fund link:presentationLink link:calculationLink link:definitionLink 000071 - Document - Risk/Return Summary {Unlabeled} - Nuveen Strategic Income Fund link:presentationLink link:calculationLink link:definitionLink 000072 - Schedule - Shareholder Fees {- Nuveen Strategic Income Fund} link:presentationLink link:calculationLink link:definitionLink 000073 - Schedule - Annual Fund Operating Expenses {- Nuveen Strategic Income Fund} link:presentationLink link:calculationLink link:definitionLink 000074 - Schedule - Expense Example {- Nuveen Strategic Income Fund} link:presentationLink link:calculationLink link:definitionLink 000075 - Schedule - Expense Example, No Redemption {- Nuveen Strategic Income Fund} link:presentationLink link:calculationLink link:definitionLink 000076 - Schedule - Annual Total Returns - Nuveen Strategic Income Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000077 - Schedule - Average Annual Total Returns {Transposed} {- Nuveen Strategic Income Fund} link:presentationLink link:calculationLink link:definitionLink 000078 - Document - Risk/Return Detail {Unlabeled} - Nuveen Strategic Income Fund link:presentationLink link:calculationLink link:definitionLink 000079 - Disclosure - Risk/Return Detail Data {Elements} - Nuveen Strategic Income Fund link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 nifi2-20121029_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 nifi2-20121029_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE