Company: JPC
Filing Date: 2025-04-24
Form Type: N-14 8C
Source: 0001999371-25-004713
Chunk: 30

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-04-24
Form: N-14 8C
Chunk 30
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 lesser than those shown.

|                         |     | 1 Year |    |     | 3 Years |     |     | 5 Years |     |     | 10 Years |     |
|:------------------------|:----|:-------|---:|:----|:--------|----:|:----|:--------|----:|:----|:---------|----:|
| Target Fund             |     | $      | 43 |     | $       | 130 |     | $       | 218 |     | $        | 444 |
| Acquiring Fund          |     | $      | 49 |     | $       | 147 |     | $       | 245 |     | $        | 491 |
| Combined Fund Pro Forma |     | $      | 48 |     | $       | 144 |     | $       | 241 |     | $        | 484 |

Comparative Performance Information

Comparative total return performance for the Funds for periods ended January 31, 2025.

|                |     |          |   |     |            |   |     |      Average Annual Total 
 Return on Net Asset Value |   |     |          |   |     |            |   |     |   Average Annual Total 
 Return on Market Value |   |
|                |     | One Year |   |     | Five Years |   |     |                 Ten Years |   |     | One Year |   |     | Five Years |   |     |              Ten Years |   |
| Target Fund    |     |    11.02 | % |     |       1.72 | % |     |                      5.01 | % |     |    16.18 | % |     |       2.01 | % |     |                   6.07 | % |
| Acquiring Fund |     |    11.17 | % |     |       2.06 | % |     |                      4.91 | % |     |    20.24 | % |     |       2.53 | % |     |                   6.31 | % |

Average Annual Total Return on Net Asset Value is the combination of changes in common share net asset value, reinvested dividend income at net asset value and reinvested capital gains distributions at net asset value, if any. The last dividend declared in the period, which is typically paid on the first business