Company: JPC
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073011
Chunk: 9

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 9
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distribute

all

or

substantially

all

of

its

net

investment

income

each

year

through

its

regular

monthly

distribution

and

to

distribute

realized

capital

gains

at

least

annually.

In

addition,

in

any

monthly

period,

to

maintain

its

declared

per

common

share

distribution

amount,

a

Fund

may

distribute

more

or

less

than

its

net

investment

income

during

the

period.

In

the

event

a

Fund

distributes

more

than

its

net

investment

income

during

any

yearly

period,

such

distributions

may

also

include

realized

gains

and/or

a

return

of

capital.

To

the

extent

that

a

distribution

includes

a

return

of

capital

the

NAV

per

share

may

erode.

The

practice

of

maintaining

a

stable

distribution

level

had

no

material

effect

on

each

Fund’s

investment

strategy

during

the

most

recent

fiscal

period

and

is

not

expected

to

have

such

an

effect

in

future

periods,

however,

distributions

in

excess

of

Fund

returns

will

cause

its

NAV

per

share

to

erode.

For

additional

information,

refer

to

the

distribution

information

section

below

and

in

the

Notes

to

### Financial
Statements

herein.

Actual

amounts

and

sources

for

tax

reporting

purposes

will

be

determined

as

of

each

Fund’s

fiscal

year-end

and

reported

to

shareholders

on

Form

1099-DIV.

Because

distribution

source

estimates

are

updated

throughout

the

current

fiscal

year

based

on

a

fund’s

performance,

these

estimates

may

differ

from

both

the

tax

information

reported

to

you

in

the

Fund’s

1099

statement,

as

well

as

the

ultimate

economic