Company: JPC
Filing Date: 2025-04-24
Form Type: N-14 8C
Source: 0001999371-25-004713
Chunk: 99

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-04-24
Form: N-14 8C
Chunk 99
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 (as defined in Rule 18f-4) are not subject to the full requirements of Rule 18f-4. Rule 18f-4 could limit the Fund’s ability to engage in certain derivatives transactions and/or increase the costs of such derivatives transactions, which could adversely affect the value or performance of the Fund. Moreover, there may be asset coverage requirements for certain arrangements. In order to engage in certain transactions in derivatives, the Fund may be required to hold offsetting positions or to hold cash or liquid securities in a segregated account or designated on the Fund’s books. Changes in the value of a derivative may also create margin delivery or settlement payment obligations for the Fund. In addition, the Fund’s ability to use derivative instruments may be limited by tax considerations.

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Short-Term Taxable Fixed Income Securities

For temporary defensive purposes or to keep cash on hand fully invested, the Fund may invest up to 100% of its net assets in cash equivalents and short-term taxable fixed income securities. Short-term taxable fixed income investments are defined to include, without limitation, the following:

| (1) | U.S.                                                                                           
 Government securities, including bills, notes and bonds differing as to maturity and           
 rates of interest that are either issued or guaranteed by the U.S. Treasury or by U.S.         
 Government Agencies or instrumentalities. U.S. Government Agency securities include securities 
 issued by (a) the Federal Housing Administration, Farmers Home Administration, Export-Import   
 Bank of the United States, Small Business Administration and the Government National           
 Mortgage Association, whose securities are supported by the full faith and credit of           
 the United States; (b) the Federal Home Loan Banks, Federal Intermediate Credit Banks          
 and the Tennessee Valley Authority, whose securities are supported by the right of the         
 agency to borrow from the U.S. Treasury; (c) the Federal National Mortgage Association,        
 whose securities are supported by the discretionary authority of the U.S. Government           
 to purchase certain obligations of the agency or instrumentality; and (d) the Student          
 Loan Marketing Association, whose securities are supported only by its credit. While           
 the U.S. Government provides financial support to such U.S. Government-sponsored agencies      
 or instrumentalities, no assurance can be given that it always will do so since it is          
 not so obligated by law. The U.S. Government, its agencies and instrumentalities do not        
 guarantee the market value of their securities. Consequently, the value of such securities     
 may fluctuate