Nuveen Preferred & Income Opportunities Fund Declares Post-Merger Distribution

Rhea-AI Summary

Nuveen has declared a post-merger distribution for the Nuveen Preferred & Income Opportunities Fund (NYSE: JPC). The distribution follows the pre-merger distribution announced on October 24, 2023. The record date is November 16, 2023, the ex-dividend date is November 15, 2023, and the payable date is December 1, 2023. The per-share distribution for JPC is $0.0021. This additional distribution is to ensure that the total dollar amount of the pre- and post-merger distributions received on December 1, 2023, will be equal to or greater than the prior monthly distribution of each of JPC, JPT, and JPS. Nuveen is a leading sponsor of closed-end funds (CEFs) with $53 billion of assets under management across 51 CEFs as of June 30, 2023. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has over 35 years of experience managing CEFs.

NEW YORK--(BUSINESS WIRE)-- Nuveen today announced that the Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) has declared a post-merger distribution. The distribution follows the pre-merger distribution, announced on October 24, 2023.

The following dates apply to today's post-merger distribution declaration:

Record Date				November 16, 2023
Ex-Dividend Date				November 15, 2023
Payable Date				December 1, 2023

Ticker		Exchange		Fund Name		Per Share Distribution
JPC		NYSE		Nuveen Preferred & Income Opportunities Fund		$0.0021

As previously indicated in the announcement of the pre-merger distribution declared October 24, 2023, payable December 1, 2023, JPC is declaring an additional distribution, payable December 1, 2023, to ensure that the total dollar amount of the pre- and post-merger distributions received on December 1, 2023, will be equal to or greater than the prior monthly distribution of each of JPC, JPT and JPS.

Nuveen is a leading sponsor of closed-end funds (CEFs) with $53 billion of assets under management across 51 CEFs as of 30 Jun 2023. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs.

About Nuveen

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.1 trillion in assets under management as of 30 Jun 2023 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this press release.

FORWARD-LOOKING STATEMENTS

Certain statements made or referenced in this release may be forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:

• market developments, including the timing of distributions and other events identified in this press release;

• legal and regulatory developments; and

• other additional risks and uncertainties.

You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statements.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231106263054/en/

For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds or contact:

Financial Professionals:

800-752-8700

Investors:

800-257-8787

Media:

media-inquiries@nuveen.com

Source: Nuveen

FAQ

What is the ticker symbol for the Nuveen Preferred & Income Opportunities Fund?

The ticker symbol is JPC.

When was the record date for the post-merger distribution?

The record date was November 16, 2023.

When is the ex-dividend date for the post-merger distribution?

The ex-dividend date is November 15, 2023.

When will the post-merger distribution be payable?

The distribution will be payable on December 1, 2023.

What is the per-share distribution for JPC?

The per-share distribution is $0.0021.

Why is an additional distribution being declared?

The additional distribution is to ensure that the total dollar amount of the pre- and post-merger distributions received on December 1, 2023, will be equal to or greater than the prior monthly distribution of each of JPC, JPT, and JPS.

How much assets under management does Nuveen have?

Nuveen has $53 billion of assets under management across 51 closed-end funds (CEFs) as of June 30, 2023.

What type of investors are the funds designed for?

The funds are designed for income-focused investors seeking regular distributions.

How long has Nuveen been managing closed-end funds?

Nuveen has over 35 years of experience managing closed-end funds (CEFs).