EXHIBIT 10.11(d)
                            NUVEEN INVESTMENT TRUST

           NOTICE OF CONTINUANCE OF INVESTMENT SUB-ADVISORY AGREEMENT


WHEREAS, Nuveen Institutional Advisory Corp., a Delaware corporation (the
"Manager ") and Institutional Capital Corporation, a Delaware corporation (the
"Sub-Adviser") have entered into a Sub-Advisory Agreement dated as of May 16,
1996, as amended (the "Agreement"), pursuant to which the Sub-Adviser furnishes
investment advisory services to the various series of Nuveen Investment Trust;
and

WHEREAS, pursuant to the terms of the Agreement, the Agreement shall continue in
force from year to year after the initial effective period of two years,
provided that such continuance is specifically approved for each Portfolio (as
defined in the Agreement) at least annually in the manner required by the
Investment Company Act of 1940 and the rules and regulations thereunder.

NOW THEREFORE, this Notice memorializes between the parties that the Board of
Trustees of Nuveen Investment Trust, including the independent Trustees, at a
meeting called in part for the purpose of reviewing the Agreement, have approved
the continuance of the Agreement with respect to each Portfolio until August 1,
2002, in the manner required by the Investment Company Act of 1940.

Dated as of July 31, 2001


                                        NUVEEN INSTITUTIONAL
                                        ADVISORY CORP.


                                        By:
                                           -------------------------------------
                                                       Vice President
ATTEST:


- -----------------------------------
         Assistant Secretary

                                        INSTITUTIONAL CAPITAL CORPORATION



                                        By:
                                           -------------------------------------
                                        Its:
                                           ------------------------
ATTEST:


- ------------------------------------

- ---------------------