Company: NMZ
Filing Date: 2025-11-18
Form Type: N-14 8C/A
Source: 0001999371-25-018025
Chunk: 112

Company: NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND
Filing Date: 2025-11-18
Form: N-14 8C/A
Chunk 112
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 of investment, 
 are rated below the three highest grades (Baa or BBB or lower) by at least one nationally      
 recognized statistical rating organization (“NRSRO”) or are unrated but judged                 
 to be of comparable quality by the Fund’s sub-adviser.                                         |

| ● | The                                                                                  
 Fund may invest up to 15% of its Managed Assets in inverse floating rate securities. |

| ● | The                                                                                   
 Fund may not enter into a futures contract or related options or forward contracts if 
 more than 30% of the Fund’s Managed Assets would be represented by futures contracts  
 or more than 5% of the Fund’s Managed Assets would be committed to initial margin     
 deposits and premiums on futures contracts or related options.                        |

| ● | The                                                                                   
 Fund will generally maintain an investment portfolio with an overall weighted average 
 maturity of greater than 10 years.                                                    |

The foregoing policies apply only at the time of any new investment.

Investment Policies of New Jersey Municipal

As a fundamental policy, under normal circumstances, the Fund will invest at least 80% of its Assets (as defined below), in municipal securities and other related investments, the income from which is exempt from regular federal and New Jersey state income taxes.

“Assets” mean the net assets of the Fund plus the amount of any borrowings for investment purposes. “Managed Assets” mean the total assets of the Fund, minus the sum of its accrued liabilities (other than Fund liabilities incurred for the express purpose of creating leverage). Total assets for this purpose shall include assets attributable to the Fund’s use of leverage (whether or not those assets are reflected in the Fund’s financial statements for purposes of generally accepted accounting principles), and derivatives will be valued at their market value.

Under normal circumstances:

| ● | The                                                                                          
 Fund will invest at least 80% of its Managed Assets in investment grade municipal securities 
 that, at the time of investment, are rated within the four highest grades (Baa or BBB        
 or better) by at least one NRSRO or are unrated but judged to be of comparable quality       
 by the Fund’s investment adviser and/or the Fund’s sub-adviser.                              |

| ● | The                                                                                      
 Fund may invest up to 20% of its Managed Assets in municipal securities that at the time 
 of investment are rated below investment grade (Ba or BB or lower) or are unrated but    
 judged to be of comparable quality by the Fund’s investment adviser and/or the           
 Fund’s sub-adviser