For delivering consistently strong risk-adjusted performance, these Nuveen Mutual Funds were recognized as Best Fund over 3-year, 5-year or 10-year periods ending December 31, 2010.

AWARDS FOR BEST FUND

Nuveen Tradewinds Global All-Cap Fund, I Shares
Over 3 years out of 38 funds
Lipper Global Multi-Cap Value Funds Category

Nuveen Tradewinds Global Resources Fund, I Shares
Over 3 years out of 80 funds
Lipper Global Natural Resources Funds Category

Nuveen Tradewinds Value Opportunities Fund, A Shares
Over 3 years out of 686 funds
Lipper Multi-Cap Core Funds Category

Nuveen Maryland Municipal Bond Fund, I Shares
Over 5 years out of 25 funds
Lipper Maryland Municipal Debt Funds Category

Nuveen Minnesota Municipal Bond Fund, I Shares
Over 3 years out of 38 funds
Lipper Minnesota Municipal Debt Funds Category

Nuveen Moderate Allocation Fund, I Shares
Over 3 years out of 453 funds
Lipper Mixed-Asset Target Allocation Moderate Funds Category

Nuveen New Jersey Municipal Bond Fund, I Shares
Over 10 years out of 31 funds
Lipper New Jersey Municipal Debt Funds Category

Nuveen Ohio Tax Free Bond Fund, I Shares
Over 3 years out of 38 funds
Lipper Ohio Municipal Debt Funds Category

Nuveen Ohio Municipal Bond Fund, I Shares
Over 5 years out of 34 funds
Lipper Ohio Municipal Debt Funds Category

Nuveen Missouri Tax Free Fund, I Shares
Over 3 years out of 134 funds
Lipper Other States Municipal Debt Funds Category

Nuveen Tennessee Municipal Bond Fund, I Shares
Over 5 years and 10 years, out of 129 and 119 funds, respectively
Lipper Other States Municipal Debt Funds Category

Nuveen Short Duration Bond Fund, I Shares
Over 5 years out of 168 funds
Lipper Short Investment-Grade Debt Funds Category

Nuveen Virginia Municipal Bond Fund, I Shares
Over 5 years, out of 23 funds
Lipper Virginia Municipal Debt Funds Category

In calculating the awards, Lipper considered all open-end funds registered for sale in the United States in qualifying classifications with at least 36 months of performance history as of the end of the calendar year. Awards were given to funds with a 3-, 5- and 10-year history as at the end of the evaluation year in equity, bond and mixed-asset Lipper U.S. Classifications with at least ten distinct portfolios. Both group and fund awards were calculated using Lipper’s Consistent Return score. A more detailed Fund Awards Methodology can be found at excellence.thomsonreuters.com/Lipper.

Mutual fund investing involves risk; principal loss is possible. Equity investments are subject to market risk. Investments in small- and mid-cap companies are subject to greater volatility. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. These risks are magnified in emerging markets. Asset allocation funds invest in various underlying funds (primarily Nuveen funds). Generally, your cost to invest in asset allocation funds will be higher than the cost to invest in shares of the underlying funds. Asset allocation funds are exposed to the risks of the underlying funds in proportion to each fund’s allocation. These risks include, but are not limited to, market risk, volatility related to small- and mid-cap stocks; non-diversification risk, foreign securities risk; and credit and interest-rate risk related to debt securities. The fund’s potential use of derivative instruments involves a high degree of financial risk, including the risk that the loss on a derivative may be greater than the principal amount invested. Debt or fixed income securities are subject to credit risk and interest rate risk. The value of, and income generated by debt securities will decrease or increase based on changes in market interest rates. Credit risk refers to an issuer’s ability to make interest and principal payments when due. The potential use of derivative instruments involves a high degree of financial risk, including the risk that the loss on a derivative may be greater than the principal amount invested. To learn more about Nuveen Investments’ family of mutual funds, visit http://www.nuveen.com/MutualFunds. Funds distributed by Nuveen Securities, LLC.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of a fund carefully before investing. For a prospectus which contains this and other information relevant to an investment in a fund, please contact your financial advisor or Nuveen Investments directly at 800-257-8787. Investors should read the prospectus carefully before investing or sending money.

Lipper, a Thomson Reuters company, provides independent insight on global collective investments including mutual funds, retirement funds, hedge funds, fund fees and expenses to the asset management and media communities. Lipper is the world's leading fund research and analysis organization, covering over 220,000 share classes and over 120,000 funds in 61 registered for sale (RFS) universes. It provides the free Lipper Leader ratings for mutual funds registered for sale in over 27 countries. Additional information is available at www.lipperweb.com.

Lipper Fund Awards designations do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. As a result, investors should not make an investment decision on the basis of this information. Lipper Fund Awards designations are for informational purposes only. Lipper is not responsible for the accuracy, reliability or completeness of the information obtained from Lipper. In addition, Lipper will not be liable for any loss or damage resulting from information obtained from Lipper or any of its affiliates. Past performance is not necessarily a guide to future performance and investors should remember that past performance is not a guarantee of future results.