0001193125-14-430483.txt : 20141202 0001193125-14-430483.hdr.sgml : 20141202 20141202120458 ACCESSION NUMBER: 0001193125-14-430483 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141202 DATE AS OF CHANGE: 20141202 EFFECTIVENESS DATE: 20141202 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: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 033-16905 FILM NUMBER: 141259733 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 S000005545 Nuveen Inflation Protected Securities Fund C000015081 Class A FAIPX C000015082 Class C FCIPX C000015083 Class R3 FRIPX C000015084 Class I FYIPX 497K 1 d826880d497k.htm NUVEEN INVESTMENT FUNDS, INC. Nuveen Investment Funds, Inc.

NUVEEN INFLATION PROTECTED SECURITIES FUND

SUPPLEMENT DATED DECEMBER 2, 2014

TO THE SUMMARY PROSPECTUS DATED OCTOBER 31, 2014

 

1. The section “Fees and Expenses of the Fund—Annual Fund Operating Expenses” is deleted in its entirety and replaced with the following:

Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)

 

      Class A      Class C      Class R3      Class I  

Management Fees

     0.42%         0.42%         0.42%         0.42%   

Distribution and/or Service (12b-1) Fees

     0.25%         1.00%         0.50%         0.00%   

Other Expenses

     0.19%         0.19%         0.21%         0.19%   

Total Annual Fund Operating Expenses

     0.86%         1.61%         1.13%         0.61%   

Fee Waivers and/or Expense Reimbursements3

     (0.03)%         (0.03)%         (0.05)%         (0.03)%   

Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements

     0.83%         1.58%         1.08%         0.58%   

 

  1 The contingent deferred sales charge on Class C shares applies only to redemptions within 12 months of purchase.
  2 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).
  3 The Fund’s investment adviser has contractually agreed to waive fees and/or reimburse other Fund expenses through October 31, 2016 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.

 

2. The section “Fees and Expenses of the Fund—Example” is deleted in its entirety and replaced with the following:

Example

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’s operating expenses remain the same and that the contractual fee waivers currently in place are not renewed beyond October 31, 2016. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     Redemption            No Redemption  
      A      C      R3      I            A      C      R3      I  

1 Year

   $ 506       $ 161       $ 110       $ 59          $ 506       $ 161       $ 110       $ 59   

3 Years

   $ 682       $ 502       $ 349       $ 189          $ 682       $ 502       $ 349       $ 189   

5 Years

   $ 876       $ 871       $ 613       $ 334          $ 876       $ 871       $ 613       $ 334   

10 Years

   $ 1,435       $ 1,906       $ 1,366       $ 757            $ 1,435       $ 1,906       $ 1,366       $ 757   

PLEASE KEEP THIS WITH YOUR

SUMMARY PROSPECTUS

FOR FUTURE REFERENCE

MGN-IPSS-1214P