Item 8.01 Other Events

Effective April 1, 2022, Doug Baker and Brenda Langenfeld will assume total responsibility for the portfolio management of the Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) (the "Fund"). Collectively the pair manage Nuveen's flagship Preferred Securities and Income strategy and have more than 27 years of experience investing in the asset class. They are responsible for a total of $8.6 billion of assets under management.

As of April 1, 2022, Thomas Ray and Susi Budiman, who have partnered with Doug and Brenda in managing the Fund, will relinquish their responsibilities of co-managing the Fund, instead turning their full focus to Nuveen's flagship Flexible Income strategy, which they have managed continuously for over 12 years.

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