Company: JPC
Filing Date: 2025-06-09
Form Type: CORRESP
Source: 0001999371-25-007492
Chunk: 3

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-06-09
Form: CORRESP
Chunk 3
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’s information, the Registrant has been advised that the Boards considered certain performance data of the Funds in
connection with approving the Merger. The disclosure included under the heading “Reasons for the Merger” has been revised
as requested.

| 12. | Comment: On page 36 of the Joint Proxy/Statement Prospectus, in the first sentence of the                          
 fourth paragraph, please remove the brackets and confirm, revise or remove the bracketed statement as appropriate. |

Response:
The Registrant has made the requested change.

| 13. | Comment: On page 36 of the Joint Proxy/Statement Prospectus, in the last sentence of the                                               
 first paragraph under the heading “Description of Common Shares to Be Issued by the Acquiring Fund—Comparison to Target Fund—General”  
 states that the full text of each Fund’s declaration of trust and by-laws are on file with the SEC and may be obtained as described    
 on page 88. Please correct this statement; the discussion on page 88 of the Joint Proxy Statement/Prospectus discusses only the Funds’ 
 by-laws.                                                                                                                               |

Response:
The Registrant has made the requested change.

| 14. | Comment: Please                                                                                                                          
 consider adding a lead-in to the Board Members/Nominees table beginning on page 54 indicating that Board Members and Nominees are listed 
 in alphabetical order.                                                                                                                   |

Response:The Registrant has made the requested change.

| 15. | Comment: Please add an additional voting box on each form of proxy to allow shareholders                                               
 to instruct the named proxies on how to vote on the adjournment of the shareholder meeting or explain supplementally why such a voting 
 instruction is not necessary.                                                                                                          |

June 9, 2025

Page 4

Response:
Each Fund has been organized under the laws of the Commonwealth of Massachusetts as a voluntary association with transferable shares,
commonly referred to as a Massachusetts business trust. The statute governing such business trusts, Chapter 182 of the General Laws of
Massachusetts, is mainly procedural in nature, and contains no provisions relating to voting by, or meetings of, the holders of beneficial
interests in the trust. Each Fund’s organizational documents consist of a declaration of trust and by-laws, and matters relating
to shareholder meetings are primarily covered in the by-laws. Section 2.12 of the by-laws of the Registrant and the Target Fund provides
that: “Any meeting of Share