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Nuveen Investment Trust
Supplement to Statement of Additional Information dated August 1, 1996
As described in the Nuveen Growth and Income Stock Fund's Prospectus, as
supplemented October 21, 1996, the Nuveen Growth and Income Stock Fund is
offering the common shareholders of the Nuveen ETF Funds and the holders of
shares of Nuveen Mutual Funds, units of Nuveen UIT's and shares of Flagship
Funds, in each case with a record date of October 22, 1996 (collectively, the
"Holders"), the opportunity to subscribe for Load-Waived Class A Shares. For
purposes of the Offer, the term "Holder" includes the record date shareholder
and/or unitholder and any account for which he or she is the owner, co-owner or
beneficiary. Accordingly, the individual holder of record may exercise the
Offer in any account for which he or she is the owner, co-owner or beneficiary,
including Individual Retirement Accounts and other qualified plan accounts.
Nuveen Growth and Income Stock Fund
December 12, 1996