Company: NMZ
Filing Date: 2025-11-18
Form Type: N-14 8C/A
Source: 0001999371-25-018025
Chunk: 269

Company: NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND
Filing Date: 2025-11-18
Form: N-14 8C/A
Chunk 269
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, the Fund may have to sell other investments, including when it may not be advisable to do so, and use the cash proceeds to make income distributions to its shareholders. For accounting purposes, these cash distributions to shareholders will not be treated as a return of capital.

Further, the Adviser collects management fees on the value of a zero coupon bond or OID instrument attributable to the ongoing noncash accrual of interest over the life of the bond or other instrument. As a result, the Adviser receives nonrefundable cash payments based on such noncash accruals while investors incur the risk that such noncash accruals ultimately may not be realized.

<div align='center'>S-16

Investment Restrictions</div>

The following are fundamental policies for the Funds and may not be changed without the approval of the holders of a majority of the outstanding common and preferred shares voting together as a single class, and the approval of the holders of a majority of the outstanding preferred shares, voting separately as a single class. When used with respect to particular shares of a Fund, a “majority of the outstanding” shares means (1) 67% or more of the shares present at a meeting, if the holders of more than 50% of the shares are present in person or represented by proxy, or (2) more than 50% of the shares, whichever is less.

Except as described below, each Fund may not:

|     | New                                                                                                                                    
 Jersey Municipal(1)                                                                                                                    | Pennsylvania                                                                                                                           
 Municipal(1)                                                                                                                           | Missouri                                                                                                                               
 Municipal(1)                                                                                                                           | Acquiring                                                                                                                         
 Fund(1)                                                                                                                           |
| (1) | Under                                                                                                                                  
 normal circumstances, invest less than 80% of its net assets, including assets attributable to any principal amount of any             
 borrowings (including the issuance of commercial paper or notes) or any preferred shares outstanding (“Managed Assets”)                
 in municipal securities and other related investments, the income from which is exempt from regular federal and New Jersey             
 income taxes;                                                                                                                          | Issue                                                                                                                                  
 senior securities, as defined in the 1940 Act, other than preferred stock, except to the extent such issuance might be involved        
 with respect to borrowings described under subparagraph (3) below or with respect to transactions involving futures contracts          
 or the writing of options within the limits described under “Certain Trading Strategies of the Fund – Financial                        
 Futures and Options Transactions” below;                                                                                               | Issue                                                                                                                                  
 senior securities, as defined in the 1940