Company: JPC
Filing Date: 2025-04-24
Form Type: N-14 8C
Source: 0001999371-25-004713
Chunk: 203

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-04-24
Form: N-14 8C
Chunk 203
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, whose securities are supported by the full faith and credit of           
 the United States; (b) the Federal Home Loan Banks, Federal Intermediate Credit                
 Banks and the Tennessee Valley Authority, whose securities are supported by the right          
 of the agency to borrow from the U.S. Treasury; (c) the Federal National Mortgage              
 Association, whose securities are supported by the discretionary authority of the U.S.         
 Government to purchase certain obligations of the agency or instrumentality; and (d) the       
 Student Loan Marketing Association, whose securities are supported only by its credit.         
 While the U.S. Government provides financial support to such U.S. Government-sponsored         
 agencies or instrumentalities, no assurance can be given that it always will do so since       
 it is not so obligated by law. The U.S. Government, its agencies and instrumentalities         
 do not guarantee the market value of their securities. Consequently, the value of such         
 securities may fluctuate.                                                                      |

| (2) | Certificates                                                                            
 of deposit issued against funds deposited in a bank or a savings and loan association.  
 Such certificates are for a definite period of time, earn a specified rate of return    
 and are normally negotiable. The issuer of a certificate of deposit agrees to pay the   
 amount deposited plus interest to the bearer of the certificate on the date specified   
 thereon. Under current FDIC regulations, the maximum insurance payable as to any one    
 certificate of deposit is $250,000; therefore, certificates of deposit purchased by the 
 Fund may not be fully insured.                                                          |

| (3) | Repurchase                                                                                      
 agreements, which involve purchases of debt securities. At the time the Fund purchases          
 securities pursuant to a repurchase agreement, it simultaneously agrees to resell and           
 redeliver such securities to the seller, who also simultaneously agrees to buy back the         
 securities at a fixed price and time. This assures a predetermined yield for the Fund           
 during its holding period, since the resale price is always greater than the purchase           
 price and reflects an agreed-upon market rate. Such actions afford an opportunity for           
 the Fund to invest temporarily available cash. The Fund may enter into repurchase agreements    
 only with respect to obligations of the U.S. Government, its agencies or instrumentalities;     
 certificates of deposit; or bankers’ acceptances in which the Fund may invest.                  
 Repurchase agreements may be considered loans to the seller, collateralized by the underlying   
 securities. The risk to the Fund is limited to the ability of the seller to pay the agreed