Company: JPC
Filing Date: 2025-04-24
Form Type: N-14 8C
Source: 0001999371-25-004713
Chunk: 216

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-04-24
Form: N-14 8C
Chunk 216
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 is provided as of the date of this SAI.

Portfolio Management. Douglas M. Baker, CFA and Brenda A. Langenfeld, CFA are portfolio managers of the Target Fund and the Acquiring Fund. Mr. Baker and Ms. Langenfeld will manage the combined fund upon completion of the Merger.

In addition to managing the Funds, the following portfolio managers are also primarily responsible for the day-to-day portfolio management of the following accounts, as of July 31, 2024:

|                   |     | Type                             
 of Account Managed               |     |      Number 
 of Accounts |     | Assets*       |
| Portfolio Manager |     |                                  |     |             |     |               |
| Douglas M. Baker  |     | Registered Investment Companies  |     |           5 |     | $6.39 billion |
|                   |     | Other Pooled Investment Vehicles |     |           1 |     | $290 million  |
|                   |     | Other Accounts                   |     |       3,741 |     | $2.38 billion |

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|                      |     | Type                             
 of Account Managed               |     |      Number 
 of Accounts |     | Assets*       |
| Portfolio Manager    |     |                                  |     |             |     |               |
| Brenda A. Langenfeld |     | Registered Investment Companies  |     |           8 |     | $7.62 billion |
|                      |     | Other Pooled Investment Vehicles |     |           2 |     | $118 million  |
|                      |     | Other Accounts                   |     |       3,742 |     | $2.43 billion |

* None of the assets in these accounts is subject to an advisory fee based on performance.

Compensation of Nuveen Asset Management Portfolio Managers

Portfolio manager compensation consists primarily of base pay and variable components consisting of (i) a cash bonus; (ii) a long-term performance award; and (iii) participation in a profits interest plan.

Base salary. A portfolio manager’s base salary is determined based upon an analysis of the portfolio manager’s general performance, experience and market levels of base pay for such position.

Cash bonus. A portfolio manager is eligible to receive an annual cash bonus that is based on three variables: risk-adjusted investment performance relative to benchmark generally measured over the most recent one, three and five year periods (unless the portfolio manager’s tenure is shorter), ranking versus Morningstar peer funds