Company: JPC
Filing Date: 2025-10-03
Form Type: N-CSR
Source: 0001193125-25-230231
Chunk: 47

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-10-03
Form: N-CSR
Chunk 47
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 daily cash settlements are known as “variation margin” and is recognized on the Statement of Assets and Liabilities as a receivable or payable for variation margin on interest rate swaps contracts. Changes in the value of the swap contracts during the fiscal period are recognized as net unrealized appreciation (depreciation) of swaps contracts on the Statement of Operations. The net amount of periodic payments settled in cash are recognized as net realized gain (loss) from swap contracts on the Statement of Operations, in addition to the net realized gain or loss recorded upon the termination of the swap contract. The average notional amount of interest rate swap contracts outstanding during the current fiscal period was as follows:

| Fund |     | Average Notional Amount of Interest Rate 
              Swap Contracts Outstanding* |
| JPC  |     |                             $776,800,000 |

| * | The average notional amount is calculated based on the absolute aggregate notional amount of contracts outstanding at the beginning of the current fiscal period and at the end of each fiscal quarter within the current fiscal period. |

The following table presents the swap contracts subject to netting agreements and the collateral delivered related to those swap contracts as of the end of the current fiscal period.

| Fund |     | Counterparty                        |     |   | Gross UnrealizedAppreciation Interest 
                         Rate Swaps*** |     |   | Gross Unrealized(Depreciation) Interest 
 Rate Swaps***                           |     |   | Net Unrealized Appreciation(Depreciation) on Interest 
                                            Rate Swaps |     |   | Collateral        
 Pledged to (from) 
 Counterparty      |   |     |   | Net Exposure |
|:-----|:----|:------------------------------------|:----|:--|--------------------------------------:|:----|:--|:----------------------------------------|:----|:--|------------------------------------------------------:|:----|:--|:------------------|:--|:----|:--|-------------:|
| JPC  |     | Morgan Stanley Capital Services LLC |     | $ |                             2,390,002 |     | $ | -                                       |     | $ |                                             2,390,002 |     | $ | (1,938,338        | ) |     | $ |      451,664 |

| *** | Represents gross unrealized appreciation (depreciation) for the counterparty as reported in the Fund’s Portfolio of Investments. |

As of the end of the current fiscal period, the Funds have invested