NUVEEN INSURED TAX FREE BOND FUND INC
NSAR-A, 1996-10-31
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<PAGE>      PAGE  1
000 A000000 08/31/96
000 C000000 0000799691
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 INSURED TAX-FREE BOND FUND, INC.
001 B000000 811-4821
001 C000000 3129178200
002 A000000 333 WEST WACKER DRIVE
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60606
002 D020000 1286
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 NATIONAL PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 MASSACHUSETTS PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 NEW YORK PORTFOLIO
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 NUVEEN ADVISORY CORP.
008 B00AA01 A
008 C00AA01 801-12353
008 D01AA01 CHICAGO
008 D02AA01 IL
008 D03AA01 60606
008 D04AA01 1286
011 A00AA01 JOHN NUVEEN & CO., INC.
011 B00AA01 8-13464
011 C01AA01 CHICAGO
011 C02AA01 IL
011 C03AA01 60606
<PAGE>      PAGE  2
011 C04AA01 1286
012 A00AA01 SHAREHOLDER SERVICES, INC.
012 B00AA01 84-907
012 C01AA01 DENVER
012 C02AA01 CO
012 C03AA01 80217
013 A00AA01 ARTHUR ANDERSEN & CO.
013 B01AA01 CHICAGO
013 B02AA01 IL
013 B03AA01 60603
014 A00AA01 JOHN NUVEEN & CO.,INC.
014 B00AA01 8-13464
015 A00AA01 CHASE MANHATTAN BANK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10003
015 E01AA01 X
015 A00AA02 SECURITY PACIFIC NATIONAL TRUST CO.
015 B00AA02 S
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 10274
015 E01AA02 X
015 A00AA03 BANK OF NEW YORK
015 B00AA03 S
015 C01AA03 NEW YORK
015 C02AA03 NY
015 C03AA03 10007
015 E01AA03 X
015 A00AA04 BANKERS TRUST COMPANY
015 B00AA04 S
015 C01AA04 NEW YORK
015 C02AA04 NY
015 C03AA04 10015
015 E01AA04 X
015 A00AA05 MORGAN GUARANTY TRUST CO
015 B00AA05 S
015 C01AA05 NEW YORK
015 C02AA05 NY
015 C03AA05 10260
015 E01AA05 X
015 A00AA06 CHEMICAL BANK OF NEW YORK
015 B00AA06 S
015 C01AA06 NEW YORK
015 C02AA06 NY
015 C03AA06 10172
015 E01AA06 X
015 A00AA07 NATIONS BANK OF NORTH CAROLINA
015 B00AA07 S
015 C01AA07 CHARLOTTE
<PAGE>      PAGE  3
015 C02AA07 NC
015 C03AA07 28255
015 E01AA07 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   82
019 C00AA00 NUVEENFUND
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
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021  000000        0
022 A000001 MORGAN STANLEY
022 B000001 13-2655998
022 C000001     49012
022 D000001     56973
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002     21745
022 D000002     24201
022 A000003 BT SECURITIES
022 B000003 13-3311934
022 C000003     18390
022 D000003     22190
022 A000004 PAINE WEBBER
022 B000004 13-2638166
022 C000004     26124
022 D000004      8718
022 A000005 SMITH BARNEY
022 B000005 13-1912900
022 C000005     14193
022 D000005     15481
022 A000006 LEHMAN BROTHERS
022 B000006 13-2518466
022 C000006     21012
022 D000006      7308
022 A000007 GOLDMAN SACHS & CO.
022 B000007 12-5108880
022 C000007      3127
022 D000007     24919
022 A000008 FIRST ALBANY
022 B000008 14-1391446
022 C000008     11688
022 D000008     11072
022 A000009 J P MORGAN SECURITIES
<PAGE>      PAGE  4
022 B000009 13-3224016
022 C000009     12200
022 D000009      9000
022 A000010 BEAR STEARNS
022 B000010 13-3604093
022 C000010     11751
022 D000010      8544
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054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
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054 O00AA00 Y
066 A00AA00 N
<PAGE>      PAGE  5
067  00AA00 N
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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SIGNATURE   O. WALTER RENFFTLEN                          
TITLE       V.P. & CONTROLLER   
 


<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> 032
   <NAME> NUVEEN NEW YORK INSURED CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
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<PERIOD-END>                               AUG-31-1996
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<SHARES-REINVESTED>                                 46
<NET-CHANGE-IN-ASSETS>                         (10490)
<ACCUMULATED-NII-PRIOR>                             59
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        (84)
<GROSS-ADVISORY-FEES>                              971
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1279
<AVERAGE-NET-ASSETS>                             27519
<PER-SHARE-NAV-BEGIN>                            10.61
<PER-SHARE-NII>                                   .266
<PER-SHARE-GAIN-APPREC>                         (.285)
<PER-SHARE-DIVIDEND>                              .261
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.33
<EXPENSE-RATIO>                                    .94
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<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> 033
   <NAME> NUVEEN NEW YORK INSURED CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          FEB-28-1997
<PERIOD-START>                              MAR-1-1996
<PERIOD-END>                               AUG-31-1996
<INVESTMENTS-AT-COST>                           339090
<INVESTMENTS-AT-VALUE>                          356439
<RECEIVABLES>                                     4275
<ASSETS-OTHER>                                      15
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  360729
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1754
<TOTAL-LIABILITIES>                               1754
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        343221
<SHARES-COMMON-STOCK>                              217
<SHARES-COMMON-PRIOR>                              129
<ACCUMULATED-NII-CURRENT>                           62
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (1573)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         17349
<NET-ASSETS>                                      2241
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                10719
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1279
<NET-INVESTMENT-INCOME>                           9440
<REALIZED-GAINS-CURRENT>                        (1574)
<APPREC-INCREASE-CURRENT>                       (8205)
<NET-CHANGE-FROM-OPS>                            (340)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           36
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             88
<NUMBER-OF-SHARES-REDEEMED>                          3
<SHARES-REINVESTED>                                  3
<NET-CHANGE-IN-ASSETS>                         (10490)
<ACCUMULATED-NII-PRIOR>                             59
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        (84)
<GROSS-ADVISORY-FEES>                              971
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1279
<AVERAGE-NET-ASSETS>                              1634
<PER-SHARE-NAV-BEGIN>                            10.61
<PER-SHARE-NII>                                   .226
<PER-SHARE-GAIN-APPREC>                         (.284)
<PER-SHARE-DIVIDEND>                              .222
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.33
<EXPENSE-RATIO>                                   1.69
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<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> 031
   <NAME> NUVEEN NEW YORK INSURED CLASS R
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          FEB-28-1997
<PERIOD-START>                              MAR-1-1996
<PERIOD-END>                               AUG-31-1996
<INVESTMENTS-AT-COST>                           339090
<INVESTMENTS-AT-VALUE>                          356439
<RECEIVABLES>                                     4274
<ASSETS-OTHER>                                      16
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  360729
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1754
<TOTAL-LIABILITIES>                               1754
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        343221
<SHARES-COMMON-STOCK>                            31588
<SHARES-COMMON-PRIOR>                            32374
<ACCUMULATED-NII-CURRENT>                           62
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (1573)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         17349
<NET-ASSETS>                                    326158
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                10719
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1279
<NET-INVESTMENT-INCOME>                           9440
<REALIZED-GAINS-CURRENT>                        (1574)
<APPREC-INCREASE-CURRENT>                       (8205)
<NET-CHANGE-FROM-OPS>                            (340)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         8714
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            620
<NUMBER-OF-SHARES-REDEEMED>                       2003
<SHARES-REINVESTED>                                596
<NET-CHANGE-IN-ASSETS>                         (10490)
<ACCUMULATED-NII-PRIOR>                             59
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        (84)
<GROSS-ADVISORY-FEES>                              971
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1278
<AVERAGE-NET-ASSETS>                            328925
<PER-SHARE-NAV-BEGIN>                            10.61
<PER-SHARE-NII>                                   .273
<PER-SHARE-GAIN-APPREC>                         (.280)
<PER-SHARE-DIVIDEND>                              .273
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.33
<EXPENSE-RATIO>                                    .69
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<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 to
references to such documents.
[/LEGEND]
<SERIES>
   <NUMBER> 022
   <NAME> NUVEEN MASS INS CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          FEB-29-1997
<PERIOD-START>                              MAR-1-1996
<PERIOD-END>                               AUG-31-1997
<INVESTMENTS-AT-COST>                            60042
<INVESTMENTS-AT-VALUE>                           63419
<RECEIVABLES>                                     1035
<ASSETS-OTHER>                                     171
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   64625
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          254
<TOTAL-LIABILITIES>                                254
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         61266
<SHARES-COMMON-STOCK>                              622
<SHARES-COMMON-PRIOR>                              504
<ACCUMULATED-NII-CURRENT>                            6
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (279)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          3377
<NET-ASSETS>                                      6369
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1948
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     263
<NET-INVESTMENT-INCOME>                           1685
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                       (1573)
<NET-CHANGE-FROM-OPS>                              112
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          143
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            163
<NUMBER-OF-SHARES-REDEEMED>                        195
<SHARES-REINVESTED>                                 22
<NET-CHANGE-IN-ASSETS>                            6669
<ACCUMULATED-NII-PRIOR>                              2
<ACCUMULATED-GAINS-PRIOR>                        (279)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              178
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    263
<AVERAGE-NET-ASSETS>                              5725
<PER-SHARE-NAV-BEGIN>                            10.49
<PER-SHARE-NII>                                   .261
<PER-SHARE-GAIN-APPREC>                         (.243)
<PER-SHARE-DIVIDEND>                              .258
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.25
<EXPENSE-RATIO>                                   1.03
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<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 to
references to such documents.
[/LEGEND]
<SERIES>
   <NUMBER> 023
   <NAME> NUVEEN MASS INS CLASS C
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          FEB-29-1997
<PERIOD-START>                              MAR-1-1996
<PERIOD-END>                               AUG-31-1997
<INVESTMENTS-AT-COST>                            60042
<INVESTMENTS-AT-VALUE>                           63419
<RECEIVABLES>                                     1035
<ASSETS-OTHER>                                     171
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   64625
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          254
<TOTAL-LIABILITIES>                                254
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         61266
<SHARES-COMMON-STOCK>                               83
<SHARES-COMMON-PRIOR>                               67
<ACCUMULATED-NII-CURRENT>                            6
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (279)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          3377
<NET-ASSETS>                                       847
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1948
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     263
<NET-INVESTMENT-INCOME>                           1685
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                       (1573)
<NET-CHANGE-FROM-OPS>                              112
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           17
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             17
<NUMBER-OF-SHARES-REDEEMED>                          3
<SHARES-REINVESTED>                                  2
<NET-CHANGE-IN-ASSETS>                            6669
<ACCUMULATED-NII-PRIOR>                              2
<ACCUMULATED-GAINS-PRIOR>                        (279)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              178
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    263
<AVERAGE-NET-ASSETS>                               798
<PER-SHARE-NAV-BEGIN>                            10.47
<PER-SHARE-NII>                                   .223
<PER-SHARE-GAIN-APPREC>                         (.254)
<PER-SHARE-DIVIDEND>                              .219
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.22
<EXPENSE-RATIO>                                   1.78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<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 to
references to such documents.
[/LEGEND]
<SERIES>
   <NUMBER> 021
   <NAME> NUVEEN MASS INS CLASS R
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          FEB-28-1997
<PERIOD-START>                              MAR-1-1996
<PERIOD-END>                               AUG-31-1996
<INVESTMENTS-AT-COST>                            60042
<INVESTMENTS-AT-VALUE>                           63419
<RECEIVABLES>                                     1035
<ASSETS-OTHER>                                     171
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   64625
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          254
<TOTAL-LIABILITIES>                                254
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         61266
<SHARES-COMMON-STOCK>                             5577
<SHARES-COMMON-PRIOR>                             5724
<ACCUMULATED-NII-CURRENT>                            6
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (279)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          3377
<NET-ASSETS>                                     57155
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1948
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     263
<NET-INVESTMENT-INCOME>                           1685
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                       (1573)
<NET-CHANGE-FROM-OPS>                              112
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1521
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            118
<NUMBER-OF-SHARES-REDEEMED>                        371
<SHARES-REINVESTED>                                106
<NET-CHANGE-IN-ASSETS>                          (1729)
<ACCUMULATED-NII-PRIOR>                              2
<ACCUMULATED-GAINS-PRIOR>                        (279)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              178
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    263
<AVERAGE-NET-ASSETS>                             57563
<PER-SHARE-NAV-BEGIN>                            10.50
<PER-SHARE-NII>                                   .270
<PER-SHARE-GAIN-APPREC>                         (.250)
<PER-SHARE-DIVIDEND>                              .270
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.25
<EXPENSE-RATIO>                                   0.78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<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> 012
   <NAME> NUVEEN INSURED MUNICIPAL BOND FUND NATIONAL CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-28-1997
<PERIOD-START>                             MAR-01-1996
<PERIOD-END>                               AUG-31-1996
<INVESTMENTS-AT-COST>                           765118
<INVESTMENTS-AT-VALUE>                          799126
<RECEIVABLES>                                    12814
<ASSETS-OTHER>                                      15
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  811955
<PAYABLE-FOR-SECURITIES>                         15212
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2951
<TOTAL-LIABILITIES>                              18163
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        758641
<SHARES-COMMON-STOCK>                             5400 
<SHARES-COMMON-PRIOR>                             4280
<ACCUMULATED-NII-CURRENT>                          535
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            608
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         34008
<NET-ASSETS>                                     57504
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                23569
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    2620
<NET-INVESTMENT-INCOME>                          20949
<REALIZED-GAINS-CURRENT>                        (2015)
<APPREC-INCREASE-CURRENT>                     (22,296)
<NET-CHANGE-FROM-OPS>                         (24,310)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1279
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1760
<NUMBER-OF-SHARES-REDEEMED>                        713
<SHARES-REINVESTED>                                 75
<NET-CHANGE-IN-ASSETS>                         (20258)
<ACCUMULATED-NII-PRIOR>                            225
<ACCUMULATED-GAINS-PRIOR>                         2622
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             1894
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   2620
<AVERAGE-NET-ASSETS>                             51570
<PER-SHARE-NAV-BEGIN>                            10.97
<PER-SHARE-NII>                                   .274
<PER-SHARE-GAIN-APPREC>                         (.327)
<PER-SHARE-DIVIDEND>                              .267
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.65
<EXPENSE-RATIO>                                    .89
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<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> 013
   <NAME> NUVEEN INSURED MUNICIPAL BOND FUND NATIONAL CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-28-1997
<PERIOD-START>                             MAR-01-1996
<PERIOD-END>                               AUG-31-1996
<INVESTMENTS-AT-COST>                           765118
<INVESTMENTS-AT-VALUE>                          799126
<RECEIVABLES>                                    12814
<ASSETS-OTHER>                                      15
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  811955
<PAYABLE-FOR-SECURITIES>                         15212
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2951
<TOTAL-LIABILITIES>                              18163
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        758641
<SHARES-COMMON-STOCK>                              489 
<SHARES-COMMON-PRIOR>                              475
<ACCUMULATED-NII-CURRENT>                          535
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            608
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         34008
<NET-ASSETS>                                      5152
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                23569
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    2620
<NET-INVESTMENT-INCOME>                          20949
<REALIZED-GAINS-CURRENT>                        (2015)
<APPREC-INCREASE-CURRENT>                     (22,296)
<NET-CHANGE-FROM-OPS>                         (24,310)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          109
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             95
<NUMBER-OF-SHARES-REDEEMED>                         89
<SHARES-REINVESTED>                                  9
<NET-CHANGE-IN-ASSETS>                         (20258)
<ACCUMULATED-NII-PRIOR>                            225
<ACCUMULATED-GAINS-PRIOR>                         2622
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             1894
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   2620
<AVERAGE-NET-ASSETS>                              5144
<PER-SHARE-NAV-BEGIN>                            10.85
<PER-SHARE-NII>                                   .230
<PER-SHARE-GAIN-APPREC>                         (.315)
<PER-SHARE-DIVIDEND>                              .225
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.54
<EXPENSE-RATIO>                                   1.64
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<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> 011
   <NAME> NUVEEN INSURED MUNICIPAL BOND FUND NATIONAL CLASS R
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-28-1997
<PERIOD-START>                             MAR-01-1996
<PERIOD-END>                               AUG-31-1996
<INVESTMENTS-AT-COST>                           765118
<INVESTMENTS-AT-VALUE>                          799126
<RECEIVABLES>                                    12814
<ASSETS-OTHER>                                      15
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  811955
<PAYABLE-FOR-SECURITIES>                         15212
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2951
<TOTAL-LIABILITIES>                              18163
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        758641
<SHARES-COMMON-STOCK>                            68945 
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