Company: NMZ
Filing Date: 2025-09-29
Form Type: N-14 8C
Source: 0001999371-25-014188
Chunk: 260

Company: NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND
Filing Date: 2025-09-29
Form: N-14 8C
Chunk 260
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1) purchase the securities of any one issuer (other than cash, securities of other investment companies and securities issued by the U.S. government or its agencies or instrumentalities) if immediately after such purchase, more than 5% of the value of the Fund’s total assets would be invested in securities of such issuer or (2) purchase more than 10% of the outstanding voting securities of such issuer.

Under the 1940 Act, subject to limited exceptions, each Fund may invest up to 10% of its total assets in the aggregate in shares of other investment companies and only up to 5% of its total assets in any one investment company, provided the investment does not represent more than 3% of the voting stock of the acquired investment company at the time such shares are purchased. As a stockholder in any investment company, the Fund will bear its ratable share of that investment company’s expenses, and will remain subject to payment of the Fund’s management, advisory and administrative fees with respect to assets so invested. Shareholders would therefore be subject to duplicative expenses to the extent their Fund invests in other investment companies. In addition, the securities of other investment companies may be leveraged and therefore may be subject to the same leverage risks described herein.

In addition to the foregoing fundamental investment policies, each Fund is also subject to the following non-fundamental restrictions and policies, which may be changed by the Board of Trustees:

<div align='center'>S-20</div>

Each Fund may not:

|     | Acquiring                                                                                                                         
 Fund                                                                                                                              | New                                                                                                                            
 Jersey Municipal                                                                                                               | Pennsylvania                                                                                                                   
 Municipal                                                                                                                      | Missouri                                                                                                                      
 Municipal                                                                                                                     |
| (1) | Sell                                                                                                                              
 securities short, unless the Fund owns or has the right to obtain securities equivalent in kind and amount to the securities      
 sold at no added cost, and provided that transactions in options, futures contracts, options on futures contracts, or other       
 derivative instruments are not deemed to constitute selling securities short.                                                     | Sell                                                                                                                           
 securities short, unless the Fund owns or has the right to obtain securities equivalent in kind and amount to the securities   
 sold at no added cost, and provided that transactions in options, futures contracts, options on futures contracts, or other    
 derivative instruments are not deemed to constitute selling securities short.                                                  | Sell                                                                                                                           
 securities short, unless the Fund owns or has the right to obtain securities equivalent in kind and amount to the securities   
 sold at no added cost, and provided