Company: JPC
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073011
Chunk: 221

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 221
---
ading

on

the

New

York

Stock

Exchange

on

August

14,

2024.

As

a

result

of

the

successful

completion

of

the

tender

offer,

the

restructuring

of

the

Fund

was

completed

and

on

August

19,

2024,

the

following

changes

became

effective.

The

Fund’s

declaration

of

trust

was

amended

to

eliminate

the

term

of

the

Fund.

The

Fund’s

name

changed

from

Nuveen

Preferred

and

Income

Term

Fund

to

Nuveen

Preferred

Securities

&

Income

Opportunities

Fund.

Nuveen

Fund

Advisors,

LLC,

the

investment

adviser

to

the

Fund,

will

waive

50%

of

the

Fund’s

net

### management
fees

beginning

August

19,

2024,

and

continuing

over

the

first

year

following

the

elimination

of

the

term.

#### Fund
Mergers:

Effective

prior

to

opening

of

### business
on

November

6,

2023,

Nuveen

Preferred

&

Income

Securities

Fund

(JPS)

and

Nuveen

Preferred

and

Income

Fund

(JPT)

(the

“Target

Funds”)

were

each

merged

into

JPC

(the

“Acquiring

Fund”)

(each

a

“Merger”).

With

respect

to

each

Merger

of

a

Target

Fund

with

and

into

the

Acquiring

Fund,

the

separate

legal

existence

of

the

Target

Fund

ceased

for

all

purposes

and

the

Acquiring

Fund

succeeded

to

all

the

assets

and

assumed

all

the

liabilities

of

the

Target

Fund.

Shares

of

the

Target

Fund

were

converted

into

newly

issued

shares

of

the

Acquiring

Fund.

Holders

of

common

shares

of

the

Target

Fund

received

newly

issued

common

shares

of

the

Acquiring