Company: NMZ
Filing Date: 2025-11-18
Form Type: N-14 8C/A
Source: 0001999371-25-018025
Chunk: 87

Company: NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND
Filing Date: 2025-11-18
Form: N-14 8C/A
Chunk 87
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 No                                                                                      
 gain or loss will be recognized by the Acquiring Fund or the Merger Sub upon the merger 
 of the Target Fund with and into the Merger Sub pursuant to applicable state laws or    
 upon the liquidation of the Merger Sub.                                                 |

| (c) | No                                                                                    
 gain or loss will be recognized by the Target Fund upon the merger of the Target Fund 
 with and into the Merger Sub pursuant to applicable state laws.                       |

| (d) | No                                                                                         
 gain or loss will be recognized by the Target Fund shareholders upon the conversion of     
 all their Target Fund shares solely into Acquiring Fund shares in the merger of the Target 
 Fund with and into the Merger Sub pursuant to applicable state laws, except to the extent  
 the Target Fund common shareholders receive cash in lieu of a fractional Acquiring Fund    
 common share.                                                                              |

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| (e) | The                                                                                   
 aggregate basis of the Acquiring Fund shares received by each Target Fund shareholder 
 pursuant to the merger (including any fractional Acquiring Fund common share to which 
 a Target Fund common shareholder would be entitled) will be the same as the aggregate 
 basis of the Target Fund shares that were converted into such Acquiring Fund shares.  |

| (f) | The                                                                                        
 holding period of the Acquiring Fund shares received by each Target Fund shareholder       
 in the merger (including any fractional Acquiring Fund common share to which a Target      
 Fund common shareholder would be entitled) will include the period during which the shares 
 of the Target Fund that were converted into such Acquiring Fund shares were held by such   
 shareholder, provided the Target Fund shares are held as capital assets at the effective   
 time of the merger.                                                                        |

| (g) | The                                                                                        
 basis of the Target Fund’s assets received by the Merger Sub in the merger will            
 be the same as the basis of such assets in the hands of the Target Fund immediately before 
 the merger.                                                                                |

| (h) | The                                                                                          
 holding period of the assets of the Target Fund received by the Merger Sub in the merger     
 will include the period during which those assets were held by the Target Fund (except       
 where investment activities of the Acquiring Fund have the effect of reducing or eliminating 
 the holding period with respect to an asset).                                                |

With respect to each Merger, the opinion addressing the federal income tax consequences of the Merger described above will rely on the assumption that the Acquiring Fund VRDP Shares or