NUVEEN MUTUAL FUNDS
SUPPLEMENT DATED APRIL 14, 2014
TO PROSPECTUSES AND SUMMARY PROSPECTUSES
Nuveen Municipal Trust | Nuveen Investment Trust III | |
Prospectuses and Summary Prospectuses dated |
Prospectus dated January 15, 2014 | |
February 10, 2014 |
Prospectus and Summary Prospectuses dated | |
January 31, 2014 | ||
Nuveen Multistate Trust I | ||
Prospectus and Summary Prospectuses dated |
Nuveen Investment Trust V | |
February 10, 2014, as supplemented |
Prospectuses and Summary Prospectuses dated | |
January 31, 2014 | ||
Nuveen Multistate Trust II | ||
Prospectuses and Summary Prospectuses dated |
Nuveen Managed Accounts Portfolios Trust | |
February 10, 2014, as supplemented |
Prospectuses dated November 29, 2013 | |
Nuveen Multistate Trust III | Nuveen Investment Funds, Inc. | |
Prospectus and Summary Prospectuses dated |
Prospectus and Summary Prospectuses dated | |
February 10, 2014 |
April 30, 2013, as supplemented | |
Prospectus and Summary Prospectuses dated | ||
Nuveen Multistate Trust IV | October 31, 2013, as supplemented | |
Prospectus and Summary Prospectuses dated |
Prospectuses and Summary Prospectuses dated | |
February 10, 2014, as supplemented |
February 10, 2014 | |
Prospectus and Summary Prospectuses dated | ||
Nuveen Investment Trust | February 28, 2014, as supplemented | |
Prospectuses and Summary Prospectuses dated |
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October 31, 2013, as supplemented |
Nuveen Strategy Funds, Inc. | |
Prospectuses and Summary Prospectuses dated |
Prospectus and Summary Prospectuses dated | |
December 31, 2013, as supplemented |
December 31, 2013, as supplemented | |
Prospectus dated February 28, 2014, as supplemented |
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Prospectus dated April 1, 2014 |
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Nuveen Investment Trust II | ||
Prospectuses and Summary Prospectuses dated |
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November 29, 2013, as supplemented |
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Prospectuses dated December 10, 2013 |
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Prospectus and Summary Prospectuses dated |
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December 31, 2013, as supplemented |
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Prospectus and Summary Prospectuses dated |
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January 31, 2014 |
On April 14, 2014, TIAA-CREF, a national financial services organization, announced that it had entered into an agreement (the Purchase Agreement) to acquire Nuveen Investments, Inc., the parent company of Nuveen Fund Advisers, LLC (NFAL), the investment adviser of the Nuveen mutual funds (the Funds). The transaction is expected to be completed by the end of the year, subject to customary closing conditions, including obtaining necessary fund and client consents sufficient to satisfy the terms of the Purchase Agreement and obtaining customary regulatory approvals. There can be no assurance that the transaction described above will be consummated as contemplated or that necessary conditions will be satisfied.
The consummation of the transaction will be deemed to be an assignment (as defined in the Investment Company Act of 1940) of the investment management agreements between the Funds and NFAL and the investment sub-advisory agreements between NFAL and each Funds sub-adviser or sub-advisers, and will result in automatic termination of each agreement. It is anticipated that the Board of Directors/Trustees of the Funds (the Board) will consider a new investment management agreement with NFAL and investment sub-advisory agreements with each sub-adviser. If approved by the Board, the new agreements will be presented to the Funds shareholders for approval, and, if so approved by shareholders, will take effect upon consummation of the transaction or such later time as shareholder approval is obtained.
The transaction is not expected to result in any change in the portfolio management of the Funds or in the Funds investment objectives or policies.
PLEASE KEEP THIS WITH YOUR
FUNDS PROSPECTUS AND/OR SUMMARY PROSPECTUS
FOR FUTURE REFERENCE
MGN-ALLP-0414P