Company: JPC
Filing Date: 2025-06-12
Form Type: 424B3
Source: 0001999371-25-007638
Chunk: 211

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-06-12
Form: 424B3
Chunk 211
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 United States Government or by its agencies or instrumentalities), if as a result more than 5% of the Fund’s             
 total assets would then be invested in securities of a single issuer or if as a result the Fund would hold more than 10% of     
 the outstanding voting securities of any single issuer and, provided further that for purposes of this restriction, the term    
 “issuer” includes both the borrower under a loan agreement and the lender selling a participation to the Fund,                  
 together with any other persons interpositioned between such lender and the Fund with respect to a participation.               |

| (1) | This                                                                                      
 table presents the fundamental investment restrictions of each Fund as they appear in     
 the respective Fund’s most recent registration statement, as the same may subsequently    
 have been modified with the approval of the holders of a majority of the Fund’s           
 outstanding voting securities. Accordingly, the use of certain defined terms in the table 
 does not necessarily correspond with defined terms used elsewhere in this SAI.            |

| (2) | Section 18(c)                                                                                   
 of the 1940 Act generally limits a registered closed-end investment company to issuing          
 one class of senior securities representing indebtedness and one class of senior securities     
 representing stock, except that the class of indebtedness or stock may be issued in one         
 or more series, and promissory notes or other evidences of indebtedness issued in consideration 
 of any loan, extension, or renewal thereof, made by a bank or other person and privately        
 arranged, and not intended to be publicly distributed, are not deemed a separate class          
 of senior securities.                                                                           |

| (3) | Section 18(a)                                                                              
 of the 1940 Act generally prohibits a registered closed-end fund from incurring borrowings 
 if, immediately thereafter, the aggregate amount of its borrowings exceeds 33 1/3% of      
 its total assets. The Funds have not applied for, and currently do not intend to apply     
 for, any exemptive relief that would allow it to borrow outside of the limits of the       
 1940 Act.                                                                                  |

| (4) | Section 21                                                                             
 of the 1940 Act makes it unlawful for a registered investment company, like the Funds, 
 to lend money or other property if (i) the investment company’s policies set           
 forth in its registration statement do not permit such a loan or (ii) the borrower     
 controls or is under common control with the investment company.                       |

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