Company: JPC
Filing Date: 2025-06-10
Form Type: N-14 8C/A
Source: 0001999371-25-007489
Chunk: 213

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-06-10
Form: N-14 8C/A
Chunk 213
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% 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.

Each Fund is diversified for purposes of the 1940 Act. Consequently, as to 75% of each Fund’s total assets, a Fund may not (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.

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-16</div>

Except as described below, each Fund may not:

| Target 
 Fund   |                                                                                                                                   |     | Acquiring 
      Fund |                                                                                                                                   |
| (1)    | Under                                                                                                                             
 normal circumstances, invest less than 80% of its Managed Assets in preferred and other income producing securities.              |     |           |                                                                                                                                   |
| (2)    | 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.                                                     |     |        -2 | Sell                                                                                                                              
 securities short, except that the Fund may make short sales of securities if, at all times when a short position is open,         
 the Fund owns at least an equal amount of such securities or securities convertible into or exchangeable for, without payment     
 of any further consideration, securities of the same issuer as, and equal in amount to, the securities sold short, and provided   
 that transactions in options, futures contracts, options on futures contracts, or other derivative instruments are not deemed     
 to constitute selling securities short.                                                                                           |
| (3)    | Purchase                                                                                                                          
 securities of open-end or closed-end investment companies except in compliance with the 1940 Act or any exemptive relief obtained 
 thereunder.