Company: JPC
Filing Date: 2025-06-10
Form Type: N-14 8C/A
Source: 0001999371-25-007489
Chunk: 91

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-06-10
Form: N-14 8C/A
Chunk 91
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25% of its Managed Assets in the securities of companies 
 principally engaged in financial services.                                                    |

| ● | The                                                                                      
 Acquiring Fund is not limited in the amount of its investments in non-U.S. issuers. The  
 Acquiring Fund may invest up to 10% of its Managed Assets in non-U.S. dollar-denominated 
 securities. The Acquiring Fund may invest up to 5% of its Managed Assets in preferred    
 securities issued by companies located in emerging market countries.                     |

Investment Policies of the Target Fund

In addition to the Target Fund’s investment policies discussed above, the following investment policies also apply to the Target Fund, under normal circumstances:

| ● | The                                                                                     
 Target Fund may invest up to 20% of its Managed Assets in securities issued by federal, 
 state and local governments and U.S. government agencies.                               |

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| ● | The                                                                                          
 Target Fund invests at least 50% of its Managed Assets in securities rated investment        
 grade (BBB-/Baa3 or higher) at the time of purchase. A security is considered to have        
 the highest rating assigned to it by a rating agency or, in the case of an unrated security, 
 to have the same rating as rated securities judged by the Target Fund’s sub-adviser          
 to be of comparable quality.                                                                 |

| ● | The                                                                                    
 Target Fund may invest up to 10% of its Managed Assets in securities rated below B-/B3 
 at the time of purchase.                                                               |

| ● | The                                                                                         
 Target Fund may invest up to 10% of its Managed Assets in securities of issuers in emerging 
 market countries.                                                                           |

| ● | The                                                                                       
 Target Fund will invest 100% of its Managed Assets in U.S. dollar denominated securities. |

| ● | The                                                                                  
 Target Fund may invest up to 10% of its total assets in securities of other open- or 
 closed-end investment companies (including ETFs) that invest primarily in securities 
 of the types in which the Target Fund may invest directly.                           |

| ● | The                                                                                          
 Target Fund will invest at least 25% of its assets in securities of issuers in the financial 
 services industry.                                                                           |

The foregoing policies of each Fund apply only at the time of investment.

Note that the Acquiring Fund’s investment objectives, the Acquiring Fund’s policy to invest, under normal circumstances, more than 25% of its Managed Assets