NUVEEN INVESTMENT TRUST
485BPOS, EX-99.D.3, 2000-10-27
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                            NUVEEN INVESTMENT TRUST
                            -----------------------

                  RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT
                  ------------------------------------------

This Agreement made this 1st day of June, 2000 by and between Nuveen Investment
Trust, a Massachusetts business trust (the "Fund"), and Nuveen Institutional
Advisory Corp., a Delaware corporation (the "Adviser");

WHEREAS, the parties hereto are the contracting parties under that certain
Management Agreement (the "Agreement") pursuant to which the Adviser furnishes
investment advisory and management services and certain other services to the
Fund; and

WHEREAS, the Board of Trustees, at a meeting called for the purpose of reviewing
the Agreement, have approved the Agreement and its continuance until August 1,
2001 in the manner required by the Investment Company Act of 1940.

NOW THEREFORE, in consideration of the mutual covenants contained in the
Agreement, the parties hereto do hereby approve the continuance of the Agreement
in effect until August 1, 2001 and do ratify and confirm the Agreement in all
respects.


                                        NUVEEN INVESTMENT TRUST


                                        By:  /s/ Gifford R. Zimmerman
                                           -----------------------------
                                             Vice President
ATTEST:


   /s/ Virginia L. O'Neal
----------------------------
   Assistant Secretary

                                        NUVEEN INSTITUTIONAL
                                        ADVISORY CORP.


                                        By:  /s/ Thomas C. Spalding
                                           -----------------------------
                                             Vice President
ATTEST:


   /s/ Larry Martin
----------------------
   Assistant Secretary


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