JPI Overview

Merger of Nuveen Funds

• Approval of Merger: Common shareholders of Nuveen Preferred Securities & Income Opportunities Fund (JPI) and preferred shareholders of Nuveen Preferred & Income Opportunities Fund (JPC) have approved a merger proposal, which will see JPI merged into JPC.
• Effective Date: The merger is expected to take effect before the market opens on September 22, 2025, pending customary closing conditions.

Pre-Merger Distribution

• Potential Distribution: Prior to the merger, JPI may declare a pre-merger distribution, with further details to be announced in a subsequent press release.

Nuveen Overview

• Assets Under Management: As of June 30, 2025, Nuveen manages $1.3 trillion in assets across 45 closed-end funds (CEFs), which collectively hold $52 billion in assets.
• Investment Focus: Nuveen specializes in providing income-focused investment solutions, catering to both institutional and individual investors, with over 35 years of experience in managing CEFs.

Forward-Looking Statements

• Caution on Predictions: The release includes forward-looking statements that may differ from actual future results due to various factors, including market and regulatory developments, and the ability to meet merger conditions.

Investment Risks

• Investment Considerations: All investments carry risks, including potential loss of principal. Past performance does not guarantee future results, and closed-end funds may trade at a discount to net asset value (NAV). Investors are advised to consider objectives, risks, and expenses before investing.

• Merger Proposal: The Boards of Trustees of Nuveen Preferred Securities & Income Opportunities Fund (JPI) and Nuveen Preferred & Income Opportunities Fund (JPC) have proposed a merger to combine JPI into JPC, aiming to create a larger fund with reduced operating expenses and enhanced trading volume, pending shareholder approval.

• Nuveen Overview: Nuveen, managing $1.3 trillion in assets across 45 closed-end funds, focuses on providing investment solutions for income-focused investors and has over 35 years of experience in the sector.