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<PAGE> File No. 333-03715 Rule 497(e) Supplement Dated June 1, 1998 to the Prospectus Dated October 31, 1997 - -------------------------------------------------------------------------------- NUVEEN GROWTH AND INCOME FUNDS - -------------------------------------------------------------------------------- Effective June 1, 1998, the limit on dollar-denominated securities of foreign companies described on page 17 of the Prospectus, has been increased from 20% to 25% of net assets.
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