Company: JPC
Filing Date: 2025-04-24
Form Type: N-14 8C
Source: 0001999371-25-004713
Chunk: 80

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-04-24
Form: N-14 8C
Chunk 80
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 to common shareholders (other than a dividend in common shares of the Fund) or purchase outstanding common shares unless, at the time of the declaration or making of such dividend or distribution or at the time of such purchase, the Acquiring Fund is in compliance with certain asset coverage requirements, and no event of default exists or would occur, under the Credit Facilities.

Dividend Reinvestment Plan

The terms of the dividend reinvestment plan (the “Plan”) for the Acquiring Fund and the Target Fund are identical. Under the Acquiring Fund’s Plan, you may elect to have all dividends, including any capital gain distributions, on your common shares automatically reinvested by Computershare Trust Company, N.A. (the “Plan Agent”) in additional common shares under the Plan. You may elect to participate in the Plan by contacting Nuveen Investor Services at (800) 257-8787. If you do not participate, you will receive all distributions in cash paid by check mailed directly to you or your brokerage firm by Computershare Inc. and the Plan Agent.

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If you decide to participate in the Plan of the Acquiring Fund, the number of common shares you will receive will be determined as follows:

| (1) | If                                                                                       
 common shares are trading at or above net asset value, at the then-current market price; 
 or                                                                                       |

| (2) | If                                                                                            
 common shares are trading below net asset value at the time of valuation, the Plan Agent      
 will receive the dividend or distribution in cash and will purchase common shares in          
 the open market, on the NYSE or elsewhere, for the participants’ accounts. It is              
 possible that the market price for the common shares may increase before the Plan Agent       
 has completed its purchases. Therefore, the average purchase price per share paid by          
 the Plan Agent may exceed the market price at the time of valuation, resulting in the         
 purchase of fewer shares than if the dividend or distribution had been paid in common         
 shares issued by the Acquiring Fund. The Plan Agent will use all dividends and distributions  
 received in cash to purchase common shares in the open market within 30 days of the valuation 
 date. Interest will not be paid on any uninvested cash payments; or                           |

| (3) | If                                                                                        
 the Plan Agent begins purchasing Acquiring Fund shares on the open market while shares    
 are trading below net asset value, but the Fund’s shares subsequently trade at            
 or above their net asset value