UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q


QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number         811-6266         

        Nuveen Florida Investment Quality Municipal Fund         
(Exact name of registrant as specified in charter)

Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)


Kevin J. McCarthy Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)

Registrant's telephone number, including area code:         312-917-7700        

Date of fiscal year end:             4/30          

Date of reporting period:          7/31/09         

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

  Portfolio of Investments (Unaudited)        
  Nuveen Florida Investment Quality Municipal Fund (NQF)      
July 31, 2009
 
 
 
Principal     Optional Call      
Amount (000)   Description (1)   Provisions (2)   Ratings (3)   Value  
  Consumer Staples – 1.6% (1.1% of Total Investments)        
$            5,000  Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,  5/12 at 100.00  BBB  $     3,587,850 
   Series 2002, 5.500%, 5/15/39       
  Education and Civic Organizations – 1.1% (0.7% of Total Investments)        
2,000  Broward County Educational Facilities Authority, Florida, Revenue Bonds, Nova Southeastern  4/14 at 100.00  BBB  1,843,640 
   University, Series 2004B, 5.625%, 4/01/34       
575  Osceola County Industrial Development Authority, Florida, Industrial Development Revenue  8/11 at 101.00  A  504,873 
   Bonds, P.M. Wells Charter School Project, Series 2001A, 5.000%, 8/01/23 – MBIA Insured       
2,575  Total Education and Civic Organizations      2,348,513 
  Energy – 0.3% (0.2% of Total Investments)        
900  Virgin Islands Public Finance Authority, Revenue Bonds, Refinery Project Hovensa LLC, Series  1/15 at 100.00  BBB  744,957 
   2007, 4.700%, 7/01/22 (Alternative Minimum Tax)       
  Health Care – 12.6% (8.3% of Total Investments)        
  Halifax Hospital Medical Center, Florida, Revenue Bonds, Series 2006:       
1,000   5.250%, 6/01/26  6/16 at 100.00  A–  885,270 
3,625   5.000%, 6/01/38  6/16 at 100.00  A–  2,853,926 
3,075   5.500%, 6/01/38 – FSA Insured  6/18 at 100.00  AAA  2,971,311 
875   5.375%, 6/01/46  6/16 at 100.00  A–  706,773 
  Hillsborough County Industrial Development Authority, Florida, Hospital Revenue Bonds, Tampa       
  General Hospital, Series 2003B:       
1,000   5.250%, 10/01/28  10/13 at 100.00  A3  865,020 
2,330   5.250%, 10/01/34  10/13 at 100.00  A3  1,906,989 
1,185  Hillsborough County Industrial Development Authority, Florida, Hospital Revenue Bonds, Tampa  10/16 at 100.00  A3  932,228 
   General Hospital, Series 2006, 5.250%, 10/01/41       
3,235  Lakeland, Florida, Hospital System Revenue Bonds, Lakeland Regional Medical Center, Series  11/16 at 100.00  A2  2,838,907 
   2006, 5.000%, 11/15/26       
2,000  Lee Memorial Health System, Florida, Hospital Revenue Bonds, Series 2007A, 5.000%, 4/01/32 –  4/17 at 100.00  A  1,771,860 
   MBIA Insured       
2,345  Leesburg, Florida, Hospital Revenue Bonds, Leesburg Regional Medical Center Project, Series  7/12 at 100.00  BBB+  2,128,088 
   2002, 5.375%, 7/01/22       
3,750  Marion County Hospital District, Florida, Revenue Bonds, Munroe Regional Medical Center,  10/17 at 100.00  A3  2,832,113 
   Series 2007, 5.000%, 10/01/34       
  Palm Beach County Health Facilities Authority, Florida, Hospital Revenue Refunding Bonds, BRCH       
  Corporation Obligated Group, Series 2001:       
3,410   5.500%, 12/01/21  12/11 at 101.00  BBB–  2,870,674 
5,340   5.625%, 12/01/31  12/11 at 101.00  BBB–  4,085,474 
33,170  Total Health Care      27,648,633 
  Housing/Multifamily – 0.4% (0.3% of Total Investments)        
925  Broward County Housing Finance Authority, Florida, Multifamily Housing Revenue Bonds, Emerald  5/10 at 101.00  Aaa  936,276 
   Palms Apartments, Series 2001A, 5.600%, 7/01/21 (Alternative Minimum Tax)       
  Housing/Single Family – 0.8% (0.5% of Total Investments)        
305  Florida Housing Finance Agency, Homeowner Mortgage Revenue Bonds, New Money and Refunding  1/10 at 100.00  AA+  305,189 
   Issue, Series 1996-2, 6.350%, 7/01/28 (Alternative Minimum Tax)       
720  Florida Housing Finance Agency, Homeowner Mortgage Revenue Bonds, Series 1997-2, 5.900%,  1/10 at 100.00  AA+  726,156 
   7/01/29 – MBIA Insured (Alternative Minimum Tax)       
855  Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Series 2006-6, 4.625%,  1/16 at 100.00  AA+  763,361 
   7/01/31 (Alternative Minimum Tax)       
1,880  Total Housing/Single Family      1,794,706 
  Long-Term Care – 1.0% (0.7% of Total Investments)        
  St. John’s County Industrial Development Authority, Florida, First Mortgage Revenue Bonds,       
  Presbyterian Retirement Communities, Series 2004A:       
1,125   5.850%, 8/01/24  8/14 at 101.00  N/R  998,865 
1,565   5.625%, 8/01/34  8/14 at 101.00  N/R  1,222,030 
2,690  Total Long-Term Care      2,220,895 
  Tax Obligation/General – 10.6% (7.0% of Total Investments)        
185  Florida State Board of Education, Full Faith and Credit Public Education Capital Outlay Bonds,  6/12 at 101.00  AAA  194,137 
   Series 2002F, 5.000%, 6/01/22 – MBIA Insured       
9,230  Florida State Board of Education, Full Faith and Credit, Public Education Capital Outlay  6/11 at 101.00  AAA  9,298,209 
   Bonds, Series 2001C, 5.125%, 6/01/31 – FGIC Insured       
8,000  Florida State Board of Education, Full Faith and Credit, Public Education Capital Outlay  6/12 at 100.00  AAA  8,663,440 
   Refunding Bonds, Series 2002D, 5.375%, 6/01/16       
2,500  Florida State Board of Education, Public Education Capital Outlay Bonds, Series 2009B,  6/18 at 101.00  AAA  2,522,075 
   5.000%, 6/01/34       
2,400  Miami-Dade County, Florida, General Obligation Bonds, Build Better Communities Program, Series  7/18 at 100.00  AA–  2,410,728 
   2009-B1, 5.625%, 7/01/38       
22,315  Total Tax Obligation/General      23,088,589 
  Tax Obligation/Limited – 47.1% (31.0% of Total Investments)        
1,665  Collier County, Florida, Capital Improvement Revenue Bonds, Series 2005, 5.000%, 10/01/23 –  10/14 at 100.00  AA  1,701,364 
   MBIA Insured       
230  Flagler County, Florida, Capital Improvement Revenue Bonds, Series 2005, 5.000%, 10/01/30 –  10/15 at 100.00  A  220,701 
   MBIA Insured       
1,280  Florida Intergovernmental Finance Commission, Capital Revenue Bonds, Daytona Beach Community  8/11 at 100.00  A2  1,317,850 
   Redevelopment Agency, Series 2001C-1, 5.000%, 2/01/20 – AMBAC Insured       
1,685  Florida Municipal Loan Council, Revenue Bonds, Series 2003A, 5.000%, 5/01/22 – MBIA Insured  5/13 at 100.00  A  1,663,466 
5,000  Florida Ports Financing Commission, Revenue Bonds, State Transportation Trust Fund, Series  12/09 at 100.00  A  4,765,350 
   1996, 5.375%, 6/01/27 – MBIA Insured (Alternative Minimum Tax)       
2,980  Florida State Department of Management Services, Certificates of Participation, Series 2006A,  8/15 at 101.00  AA+  3,032,806 
   5.000%, 8/01/23 – MBIA Insured       
5,000  Hernando County, Florida, Revenue Bonds, Criminal Justice Complex Financing Program, Series  No Opt. Call  A  6,203,950 
   1986, 7.650%, 7/01/16 – FGIC Insured       
1,535  Hillsborough County, Florida, Community Investment Tax Revenue Bonds, Series 2004, 5.000%,  11/13 at 101.00  AA+  1,552,745 
   5/01/24 – AMBAC Insured       
2,170  Hillsborough County, Florida, Revenue Refunding Bonds, Tampa Bay Arena, Series 2005, 5.000%,  10/15 at 100.00  AA+  2,235,035 
   10/01/25 – FGIC Insured       
4,990  Jacksonville, Florida, Better Jacksonville Sales Tax Revenue Bonds, Series 2003, 5.250%,  10/13 at 100.00  AA–  5,164,351 
   10/01/21 – MBIA Insured       
2,000  Jacksonville, Florida, Guaranteed Entitlement Revenue Refunding and Improvement Bonds, Series  10/12 at 100.00  A+  2,022,200 
   2002, 5.000%, 10/01/22 – FGIC Insured       
3,000  Miami-Dade County School Board, Florida, Certificates of Participation, Series 2006B, 5.000%,  11/16 at 100.00  A  2,779,560 
   11/01/31 – AMBAC Insured       
1,950  Miami-Dade County, Florida, Beacon Tradeport Community Development District, Special  5/12 at 102.00  BBB–  1,843,745 
   Assessment Bonds, Commercial Project, Series 2002A, 5.250%, 5/01/16 – RAAI Insured       
10,900  Miami-Dade County, Florida, Transit System Sales Surtax Revenue Bonds, Series 2008, 5.000%,  7/18 at 100.00  AAA  10,621,395 
   7/01/35 – FSA Insured       
  Orlando Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Republic       
  Drive-Universal Boulevard – I-4 Interchange Project, Series 2002:       
1,495   5.125%, 4/01/20 – AMBAC Insured  4/12 at 100.00  N/R  1,504,703 
1,225   5.125%, 4/01/21 – AMBAC Insured  4/12 at 100.00  N/R  1,228,393 
  Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Series 2004:       
3,745   5.000%, 4/01/22 – MBIA Insured  4/14 at 100.00  A3  3,795,745 
2,000   5.000%, 4/01/23 – MBIA Insured  4/14 at 100.00  A3  2,020,820 
6,090  Palm Beach County School Board, Florida, Certificates of Participation, Drivers Trust 2089,  8/16 at 100.00  AAA  6,270,150 
   13.121%, 8/01/31 – FSA Insured (IF)       
3,000  Palm Beach County School Board, Florida, Certificates of Participation, Series 2007E, 5.000%,  8/17 at 100.00  AA–  3,003,930 
   8/01/27 – MBIA Insured       
4,490  Palm Beach County, Florida, Public Improvement Revenue Bonds, Biomedical Research Park  6/15 at 100.00  AA+  4,498,711 
   Project, Series 2005A, 5.000%, 6/01/25 – AMBAC Insured       
2,500  Polk County School District, Florida, Sales Tax Revenue Bonds, Series 2004, 5.250%, 10/01/18 –  10/14 at 100.00  AAA  2,733,450 
   FSA Insured       
1,000  Port Saint Lucie. Florida, Special Assessment Revenue Bonds, Southwest Annexation District 1B,  7/17 at 100.00  A  819,150 
   Series 2007, 5.000%, 7/01/33 – MBIA Insured       
820  Rivercrest Community Development District, Florida, Special Assessment Bonds, Series 2007,  5/18 at 100.00  A–  722,453 
   5.000%, 5/01/30 – RAAI Insured       
2,750  Saint Johns County, Florida, Transportation Improvement Revenue Bonds, Series 2003, 5.000%,  10/13 at 100.00  A1  2,730,530 
   10/01/23 – AMBAC Insured       
3,000  School Board of Duval County, Florida, Certificates of Participation, Master Lease Program,  7/17 at 100.00  Aa3  2,906,310 
   Series 2008, 5.000%, 7/01/33 – FSA Insured       
625  Sonoma Bay Community Development District, Florida, Special Assessment Bonds, Series 2005A,  5/15 at 100.00  N/R  428,488 
   5.450%, 5/01/36       
7,500  South Florida Water Management District, Certificates of Participation, Series 2006, Trust  10/16 at 100.00  AA+  6,855,225 
   1036, 8.732%, 10/01/36 – AMBAC Insured (IF)       
5,000  South Florida Water Management District, Certificates of Participation, Series 2006, 5.000%,  10/16 at 100.00  AA+  4,784,950 
   10/01/36 – AMBAC Insured       
  Tampa Sports Authority, Hillsborough County, Florida, Sales Tax Payments Special Purpose       
  Bonds, Stadium Project, Series 1995:       
1,250   5.750%, 10/01/20 – MBIA Insured  No Opt. Call  A  1,271,013 
2,785   5.750%, 10/01/25 – MBIA Insured  No Opt. Call  A  2,811,068 
8,605  Volusia County School Board, Florida, Sales Tax Revenue Bonds, Series 2002, 5.375%, 10/01/15 –  10/12 at 100.00  AAA  9,421,355 
   FSA Insured       
102,265  Total Tax Obligation/Limited      102,930,962 
  Transportation – 23.0% (15.2% of Total Investments)        
8,900  Broward County, Florida, Airport System Revenue Bonds, Series 2001-J1, 5.250%, 10/01/26 –  10/11 at 101.00  Aa3  8,399,286 
   AMBAC Insured (Alternative Minimum Tax)       
2,150  Broward County, Florida, Airport System Revenue Bonds, Series 2004L, 5.000%, 10/01/23 –  10/14 at 100.00  Aa3  2,179,154 
   AMBAC Insured       
6,000  Florida State Turnpike Authority, Turnpike Revenue Bonds, Department of Transportation, Series  7/13 at 101.00  Aa2  5,909,220 
   2003C, 5.000%, 7/01/33       
12,000  Greater Orlando Aviation Authority, Florida, Airport Facilities Revenue Bonds, Series 1999A,  10/09 at 101.00  Aa3  10,991,399 
   5.125%, 10/01/28 – FGIC Insured (Alternative Minimum Tax)       
4,000  Greater Orlando Aviation Authority, Florida, Airport Facilities Revenue Bonds, Series 2002B,  10/12 at 100.00  AAA  3,933,280 
   5.125%, 10/01/21 – FSA Insured (Alternative Minimum Tax)       
2,500  Lee County, Florida, Airport Revenue Bonds, Series 2006, 5.000%, 10/01/33 – FSA Insured  10/15 at 100.00  AAA  2,479,050 
1,750  Miami-Dade County Industrial Development Authority, Florida, Industrial Development Revenue  10/09 at 101.00  N/R  1,756,055 
   Bonds, Airis Miami II LLC – Miami International Airport, Series 1999, 6.000%, 10/15/25 – AMBAC       
   Insured (Alternative Minimum Tax)       
5,390  Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2002,  10/12 at 100.00  A  5,439,426 
   5.750%, 10/01/18 – FGIC Insured (Alternative Minimum Tax)       
1,325  Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2005A,  10/15 at 100.00  A  1,078,219 
   5.000%, 10/01/38 – CIFG Insured (Alternative Minimum Tax)       
2,500  Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2009A,  10/19 at 100.00  A2  2,440,850 
   5.500%, 10/01/41       
5,360  Tampa-Hillsborough County Expressway Authority, Florida, Revenue Bonds, Series 2005, 5.000%,  7/15 at 101.00  A–  5,621,461 
   7/01/16 – AMBAC Insured       
51,875  Total Transportation      50,227,400 
  U.S. Guaranteed – 27.8% (18.3% of Total Investments) (4)        
11,800  Escambia County Health Facilities Authority, Florida, Revenue Bonds, Ascension Health Credit  11/09 at 101.00  AAA  12,112,106 
   Group, Series 1999A-2, 6.000%, 11/15/31 (Pre-refunded 11/15/09)       
4,600  Highlands County Health Facilities Authority, Florida, Hospital Revenue Bonds, Adventist  11/11 at 101.00  N/R (4)  5,162,396 
   Health System/Sunbelt Obligated Group, Series 2001A, 6.000%, 11/15/31 (Pre-refunded 11/15/11)       
  Miami-Dade County Educational Facilities Authority, Florida, Revenue Bonds, University of       
  Miami, Series 2004A:       
2,290   5.000%, 4/01/19 (Pre-refunded 4/01/14) – AMBAC Insured  4/14 at 100.00  N/R (4)  2,618,752 
3,305   5.000%, 4/01/22 (Pre-refunded 4/01/14) – AMBAC Insured  4/14 at 100.00  N/R (4)  3,779,466 
3,000  Miami-Dade County Health Facility Authority, Florida, Hospital Revenue Refunding Bonds, Miami  8/11 at 101.00  AAA  3,275,070 
   Children’s Hospital, Series 2001A, 5.125%, 8/15/26 (Pre-refunded 8/15/11) – AMBAC Insured       
1,175  Naples, Florida, Water and Sewer Revenue Bonds, Series 2002, 5.000%, 9/01/14  9/12 at 100.00  Aa2 (4)  1,318,679 
   (Pre-refunded 9/01/12)       
  North Broward Hospital District, Florida, Revenue and Improvement Bonds, Series 2001:       
5,450   6.000%, 1/15/31 (Pre-refunded 1/15/11)  1/11 at 101.00  A (4)  5,884,256 
550   6.000%, 1/15/31 (Pre-refunded 1/15/11)  1/11 at 101.00  A (4)  593,824 
6,000  Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Adventist Health  11/10 at 101.00  A1 (4)  6,506,760 
   System/Sunbelt Obligated Group, Series 2000, 6.500%, 11/15/30 (Pre-refunded 11/15/10)       
3,695  Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Orlando Regional  12/12 at 100.00  AAA  4,261,702 
   Healthcare System, Series 2002, 5.750%, 12/01/27 (Pre-refunded 12/01/12)       
4,295  Orlando Utilities Commission, Florida, Water and Electric Revenue Refunding Bonds, Series  10/12 at 100.00  Aa1 (4)  4,857,473 
   2002C, 5.250%, 10/01/18 (Pre-refunded 10/01/12)       
3,570  Seminole County, Florida, Water and Sewer Revenue Refunding and Improvement Bonds, Series  No Opt. Call  AAA  4,294,210 
   1992, 6.000%, 10/01/19 – MBIA Insured (ETM)       
5,375  South Broward Hospital District, Florida, Hospital Revenue Bonds, Series 2002, 5.625%, 5/01/32  5/12 at 101.00  Aa3 (4)  6,048,864 
   (Pre-refunded 5/01/12)       
55,105  Total U.S. Guaranteed      60,713,558 
  Utilities – 9.1% (6.0% of Total Investments)        
4,330  Hillsborough County Industrial Development Authority, Florida, Pollution Control Revenue  10/12 at 100.00  Baa1  4,444,182 
   Bonds, Tampa Electric Company Project, Series 2002, 5.100%, 10/01/13       
1,050  Jacksonville Beach, Florida, Utility Revenue Refunding Bonds, Series 2002, 5.000%, 4/01/17 –  10/10 at 100.00  A1  1,087,727 
   AMBAC Insured       
4,250  Lakeland, Florida, Energy System Revenue Refunding Bonds, Series 1999C, 6.050%, 10/01/11 –  No Opt. Call  AAA  4,640,193 
   FGIC Insured       
2,000  Orlando Utilities Commission, Florida, Water and Electric Revenue Bonds, Series 2009A-1,  4/19 at 100.00  Aa1  2,019,480 
   5.250%, 10/01/39       
5,000  Orlando Utilities Commission, Florida, Water and Electric Revenue Refunding Bonds, Series  No Opt. Call  Aa1  5,298,450 
   1992, 6.000%, 10/01/10       
2,500  Tallahassee, Florida, Energy System Revenue Bonds, Series 2005, 5.000%, 10/01/35 – MBIA Insured  10/15 at 100.00  AA-  2,446,250 
19,130  Total Utilities      19,936,282 
  Water and Sewer – 16.2% (10.7% of Total Investments)        
2,000  Broward County, Florida, Water and Sewer System Revenue Bonds, Series 2009A, 5.250%, 10/01/34  10/18 at 100.00  AA  2,023,800 
3,010  Cocoa, Florida, Water and Sewerage System Revenue Refunding Bonds, Series 2003, 5.500%,  No Opt. Call  AA–  3,221,362 
   10/01/23 – AMBAC Insured       
1,750  Florida State Water Pollution Control Financing Corporation, Revolving Fund Revenue Bonds,  1/19 at 100.00  AAA  1,781,640 
   Series 2009A, 5.000%, 1/15/29       
1,000  Jacksonville, Florida, Water and Sewer Revenue Bonds, United Water Florida Project, Series  8/09 at 100.00  Baa1  999,970 
   1995, 6.350%, 8/01/25 – AMBAC Insured (Alternative Minimum Tax)       
1,525  Lee County, Florida, Water and Sewer Revenue Refunding Bonds, Series 2003A, 5.000%, 10/01/20 –  10/13 at 100.00  A2  1,532,869 
   MBIA Insured       
3,300  Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 1999A, 5.000%,  10/09 at 101.00  A+  3,311,187 
   10/01/29 – FGIC Insured       
3,270  Palm Beach County, Florida, Water and Sewer Revenue Bonds, Series 2006A, Trust 2622, 11.685%,  10/16 at 100.00  AAA  3,284,192 
   10/01/36 (IF)       
5,000  Palm Beach County, Florida, Water and Sewer Revenue Bonds, Series 2008, 5.000%, 10/01/31 (UB)  10/16 at 100.00  AAA  5,062,750 
2,060  Polk County, Florida, Utility System Revenue Bonds, Series 2003, 5.250%, 10/01/22 –  10/13 at 100.00  A2  2,082,083 
   FGIC Insured       
2,780  Riviera Beach, Palm Beach County, Florida, Water and Sewerage Revenue Bonds, Series 2004,  10/14 at 100.00  N/R  2,552,179 
   5.000%, 10/01/24 – FGIC Insured       
2,275  Sarasota County, Florida, Utility System Revenue Bonds, Series 2005A, 5.000%, 10/01/27 –  10/15 at 100.00  AA+  2,303,733 
   FGIC Insured       
1,680  Seminole County, Florida, Water and Sewer Revenue Refunding and Improvement Bonds, Series  No Opt. Call  AA  1,937,813 
   1992, 6.000%, 10/01/19 – MBIA Insured       
3,000  Tampa Ba, Florida, Regional Water Supply Authority Utility System Revenue Bonds, Series 2008,  10/18 at 100.00  AA+  3,016,230 
   5.000%, 10/01/34       
  Winter Springs, Florida, Water and Sewer Revenue Refunding Bonds, Series 2001:       
700   5.250%, 4/01/16 – MBIA Insured  4/11 at 101.00  A  740,768 
1,585   5.000%, 4/01/20 – MBIA Insured  4/11 at 101.00  AA–  1,616,304 
34,935  Total Water and Sewer      35,466,880 
$         332,765  Total Investments (cost $331,697,830) – 151.6%      331,645,501 
  Floating Rate Obligations – (1.5)%      (3,330,000)
  Other Assets Less Liabilities – 2.5%      5,327,426 
  Preferred Shares, at Liquidation Value – (52.6)% (5)      (114,950,000)
  Net Assets Applicable to Common Shares – 100%      $  218,692,927 

Fair Value Measurements

In determining the value of the Fund’s investments various inputs are used. These inputs are summarized in the three broad levels listed below:

Level 1 – Quoted prices in active markets for identical securities.

Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3 – Significant unobservable inputs (including management’s assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of July 31, 2009:

  Level 1   Level 2   Level 3   Total  
Investments:         
  Municipal Bonds  $ —  $331,645,501  $ —  $331,645,501 

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate transactions subject to Statement of Financial Accounting Standards No. 140 (SFAS No. 140), if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

At July 31, 2009, the cost of investments was $328,118,747.

Gross unrealized appreciation and gross unrealized depreciation of investments at July 31, 2009, were as follows:

Gross unrealized:   
  Appreciation  $ 12,097,924 
  Depreciation  (11,901,061)
Net unrealized appreciation (depreciation) of investments  $      196,863 

(1)  All percentages shown in the Portfolio of Investments are based on net assets applicable to Common 
  shares unless otherwise noted. 
(2)  Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
  There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
  may be subject to periodic principal paydowns. 
(3)  Ratings: Using the higher of Standard & Poor’s Group (“Standard & Poor’s”) or Moody’s Investor Service, 
  Inc. (“Moody’s”) rating. Ratings below BBB by Standard & Poor’s or Baa by Moody’s are considered to be 
  below investment grade. 
(4)  Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities 
  which ensure the timely payment of principal and interest. Such investments are normally considered to 
  be equivalent to AAA rated securities. 
(5)  Preferred Shares, at Liquidation Value as a percentage of Total Investments is 34.7%. 
N/R  Not rated. 
(ETM)  Escrowed to maturity. 
(IF)  Inverse floating rate investment. 
(UB)  Underlying bond of an inverse floating rate trust reflected as a financing transaction pursuant to the 
  provisions of SFAS No. 140. 

Item 2. Controls and Procedures.

  1. The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
  2. There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)         Nuveen Florida Investment Quality Municipal Fund         

By (Signature and Title)          /s/ Kevin J. McCarthy                    
                                                  Kevin J. McCarthy
                                                  Vice President and Secretary

Date          September 29, 2009        

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)         /s/ Gifford R. Zimmerman                    
                                                 Gifford R. Zimmerman
                                                 Chief Administrative Officer (principal executive officer) 

Date          September 29, 2009        

By (Signature and Title)         /s/ Stephen D. Foy                              
                                                 Stephen D. Foy
                                                 Vice President and Controller (principal financial officer) 

Date         September 29, 2009        

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