NUVEEN OPEN-END FUNDS RENEWAL OF INVESTMENT MANAGEMENT AGREEMENTS

NUVEEN OPEN-END FUNDS

RENEWAL OF INVESTMENT MANAGEMENT AGREEMENTS

This Agreement made this 25th day of May 2011 by and between the trusts listed on Schedule A (the “Nuveen Open-End Trusts”), and Nuveen Fund Advisors, Inc. f/k/a Nuveen Asset Management, a Delaware corporation (the “Adviser”);

WHEREAS, the parties hereto are the contracting parties under each certain Investment Management Agreement (the “Agreements”) pursuant to which the Adviser furnishes investment management and other services to each fund in each Trust; and

WHEREAS, each Agreement terminates August 1, 2011 unless continued in the manner required by the Investment Company Act of 1940; and

WHEREAS, the Board of Trustees, at a meeting called for the purpose of reviewing each Agreement, have approved each Agreement and its continuance until August 1, 2012 in the manner required by the Investment Company Act of 1940.

NOW THEREFORE, in consideration of the mutual covenants contained in each Agreement the parties hereto do hereby continue each Agreement in effect until August 1, 2012 and ratify and confirm the Agreements in all respects.

						On behalf of the Nuveen Open-End Trusts
						Listed on Schedule A
						By:		/s/ Xxxxx X. XxXxxxxx
								Vice President
ATTEST:
/s/ Xxxxxxxx X’Xxxx
Assistant Secretary
						NUVEEN FUND ADVISORS, INC.
						By:		/s/ Xxxxxxx X. Xxxxxxxxx
								Managing Director
ATTEST:
/s/ Xxxxx Xxxxxx
Assistant Secretary

Schedule A

Nuveen Municipal Trust

Nuveen Multistate Trust I

Nuveen Multistate Trust II

Nuveen Multistate Trust III

Nuveen Multistate Trust IV

Nuveen Managed Accounts Portfolios Trust

Nuveen Investment Trust

Nuveen Investment Trust II

Nuveen Investment Trust III

Nuveen Investment Trust V