Report of Independent Registered Public Accounting Firm


To the Board of Trustees/Directors and Shareholders of
Nuveen Municipal Trust and Nuveen Investment Funds,
Inc.:

In planning and performing our audits of the financial
statements of the funds listed in Appendix A as of and for the
year or period ended April 30, 2013, in accordance with the
standards of the Public Company Accounting Oversight
Board (United States), we considered the Funds internal
control over financial reporting, including controls over
safeguarding securities, as a basis for designing our auditing
procedures for the purpose of expressing our opinion on the
financial statements and to comply with the requirements of
Form N-SAR, but not for the purpose of expressing an
opinion on the effectiveness of the Funds internal control
over financial reporting.  Accordingly, we do not express an
opinion on the effectiveness of the Funds internal control
over financial reporting.

The management of the Funds is responsible for establishing
and maintaining effective internal control over financial
reporting.  In fulfilling this responsibility, estimates and
judgments by management are required to assess the
expected benefits and related costs of controls.  A companys
internal control over financial reporting is a process designed
to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial
statements for external purposes in accordance with
generally accepted accounting principles.  A companys
internal control over financial reporting includes those
policies and procedures that (1) pertain to the maintenance
of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of the
company; (2) provide reasonable assurance that transactions
are recorded as necessary to permit preparation of financial
statements in accordance with generally accepted accounting
principles, and that receipts and expenditures of the
company are being made only in accordance with
authorizations of management and trustees of the company;
and (3)  provide reasonable assurance regarding prevention
or timely detection of unauthorized acquisition, use or
disposition of a companys assets that could have a material
effect on the financial statements.

Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the
degree of compliance with the policies or procedures may
deteriorate.

A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of
performing their assigned functions, to prevent or detect
misstatements on a timely basis.  A material weakness is a
deficiency, or a combination of deficiencies, in internal
control over financial reporting, such that there is a
reasonable possibility that a material misstatement of the
Funds annual or interim financial statements will not be
prevented or detected on a timely basis.

Our consideration of the Funds internal control over
financial reporting was for the limited purpose described in
the first paragraph and would not necessarily disclose all
deficiencies in internal control over financial reporting that
might be material weaknesses under standards established
by the Public Company Accounting Oversight Board (United
States).  However, we noted no deficiencies in the Funds
internal control over financial reporting and its operation,
including controls over safeguarding securities that we
consider to be material weaknesses as defined above as of
April 30, 2013.


This report is intended solely for the information and use of
management and the Board of Trustees/Directors of the
Funds and the Securities and Exchange Commission and is
not intended to be and should not be used by anyone other
than these specified parties.



/s/PricewaterhouseCoopers LLP
Chicago, IL
June 27, 2013























Appendix A


Nuveen Municipal Trust

 Each a series of the Nuveen Municipal Trust:

Nuveen All-American Municipal Bond Fund
Nuveen High Yield Municipal Bond Fund
Nuveen Inflation Protected Municipal Bond Fund
Nuveen Intermediate Duration Municipal Bond Fund
Nuveen Limited Term Municipal Bond Fund
Nuveen Short Duration High Yield Municipal Bond Fund




Nuveen Investment Funds, Inc.

 A series of Nuveen Investment Funds, Inc:

Nuveen Short Term Municipal Bond Fund






2


3