<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains Summary Financial Information extracted from the Form
N-SAR and the financial statements and is qualified in its entirety by
references to such documents.
</LEGEND>
<SERIES>
<NUMBER> 023
<NAME> NUVEEN INNOVATION FUND - CLASS C
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-START> AUG-01-1999
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 80251
<INVESTMENTS-AT-VALUE> 89849
<RECEIVABLES> 7557
<ASSETS-OTHER> 5541
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 102947
<PAYABLE-FOR-SECURITIES> 2452
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 442
<TOTAL-LIABILITIES> 2894
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 104727
<SHARES-COMMON-STOCK> 1723
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (14271)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9597
<NET-ASSETS> 100053
<DIVIDEND-INCOME> 30
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 1027
<NET-INVESTMENT-INCOME> (997)
<REALIZED-GAINS-CURRENT> (14271)
<APPREC-INCREASE-CURRENT> 9597
<NET-CHANGE-FROM-OPS> (5671)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1858
<NUMBER-OF-SHARES-REDEEMED> 136
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 100053
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 434
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1097
<AVERAGE-NET-ASSETS> 30018
<PER-SHARE-NAV-BEGIN> 20.00
<PER-SHARE-NII> (.37)
<PER-SHARE-GAIN-APPREC> 3.54
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 23.17
<EXPENSE-RATIO> 2.57
</TABLE>
