Company: JPC
Filing Date: 2025-06-10
Form Type: N-14 8C/A
Source: 0001999371-25-007489
Chunk: 195

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-06-10
Form: N-14 8C/A
Chunk 195
---
 and Date Below |
| Note: | Please                                                                                                   
 sign exactly as your name(s) appear(s) on this proxy card, and date it. When shares are held             
 jointly, each holder should sign. When signing as attorney, executor, administrator, trustee,            
 guardian, officer of corporation or other entity or in another representative capacity, please           
 give the full title under the signature.                                                                 |

| Date (mm/dd/yyyy) ─ Please print 
 date below                       |     | Signature 1 ─ Please keep signature 
 within the box                      |     | Signature 2 ─ Please keep signature 
 within the box                      |
| /      /                         |     |                                     |     |                                     |

| Scanner  
 bar code |

| xxxxxxxxxxxxxx | JPC 34517 | xxxxxxxx |

The information in this preliminary statement of additional information is not complete and may be changed. These securities may not be sold until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary statement of additional information is not an offer to sell these securities, and it is not soliciting an offer to buy these securities, in any jurisdiction where the offer or sale is not permitted.

<div align='center'>SUBJECT TO COMPLETION, DATED June 9, 2025

STATEMENT OF ADDITIONAL INFORMATION

RELATING TO THE MERGER OF

NUVEEN PREFERRED SECURITIES & INCOME OPPORTUNITIES FUND (JPI)AND
NUVEEN PREFERRED & INCOME OPPORTUNITIES FUND (JPC)
(EACH, A “FUND” AND COLLECTIVELY, THE “FUNDS”)</div>

This Statement of Additional Information (“SAI”) is available to common shareholders of Nuveen Preferred Securities & Income Opportunities Fund (the “Target Fund”) and preferred shareholders of Nuveen Preferred & Income Opportunities Fund (the “Acquiring Fund” and together with the Target Fund, the “Funds” or each individually, a “Fund”), in connection with the proposed merger of the Target Fund with and into a wholly-owned subsidiary of the Acquiring Fund. With respect to the merger, the Agreement and Plan of Merger provides for: (i) the merger of the Target Fund with and into JPI Merger Sub, LLC, a Massachusetts limited liability company and a wholly-owned subsidiary of the Acquiring Fund, and (ii) the conversion of the issued and outstanding common shares of beneficial interest of the Target Fund into newly issued common shares of beneficial