Welcome to our dedicated page for Nuveen Pref & Income Opps Fund news (Ticker: JPC), a resource for investors and traders seeking the latest updates and insights on Nuveen Pref & Income Opps Fund stock.
Nuveen Preferred & Income Opportunities Fund (JPC) appears frequently in Nuveen’s fund-related announcements, particularly in connection with mergers among Nuveen preferred and income closed-end funds. Public press releases describe JPC as a diversified closed-end management investment company whose primary investment objective is to provide high current income, with a secondary objective of total return, by investing mainly in preferred and other income-producing securities.
News about JPC has included shareholder approvals of mergers, details of proposed combinations, and the completion of transactions that consolidate other Nuveen preferred and income funds into JPC. For example, Nuveen has reported that shareholders of Nuveen Preferred and Income Fund (JPT) and Nuveen Preferred & Income Securities Fund (JPS) approved proposals to merge those funds into JPC, with JPC identified as the surviving fund. Later communications describe the Boards of Trustees of Nuveen Preferred Securities & Income Opportunities Fund (JPI) and JPC approving a merger proposal, followed by announcements of shareholder approval and completion of the merger of JPI into JPC.
These news items provide insight into how Nuveen uses mergers to combine preferred and income funds, with explanations that such transactions are intended, in at least one case, to create a larger fund with lower net operating expenses and increased trading volume on the exchange for common shares. Updates also reiterate general risk disclosures about closed-end funds, including the possibility of trading at a discount to net asset value and the potential loss of principal.
Investors and observers can use the JPC news feed to follow merger activity, fund-level corporate actions, and Nuveen’s public commentary on the structure and objectives of its preferred and income closed-end funds.
Nuveen has successfully completed the merger of Nuveen Preferred Securities & Income Opportunities Fund (NYSE: JPI) into Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) on September 22, 2025. The tax-free transaction involved JPC's subsidiary acquiring JPI's assets and liabilities, with JPI shares converting to new JPC shares at an exchange ratio of 2.49939132.
The merger was executed based on JPI's net asset value as of September 19, 2025. Nuveen, a prominent closed-end fund sponsor, manages $52 billion in assets across 45 CEFs, leveraging over 35 years of experience in CEF management.
Nuveen Preferred Securities & Income Opportunities Fund (NYSE: JPI) shareholders have approved a merger with Nuveen Preferred & Income Opportunities Fund (NYSE: JPC). The merger, which will combine JPI into JPC, is expected to be effective before market opening on September 22, 2025.
A potential pre-merger distribution for JPI may be announced in a future release. Nuveen, a prominent closed-end fund sponsor, manages $52 billion in assets across 45 CEFs as of June 30, 2025, with over 35 years of CEF management experience.
[ "Merger approval indicates strong shareholder support", "Consolidation may lead to improved operational efficiency", "Combined fund could benefit from economies of scale", "Backed by Nuveen's extensive experience with $52B AUM in CEFs" ]Nuveen has announced a proposed merger between two of its preferred securities closed-end funds. The Nuveen Preferred Securities & Income Opportunities Fund (NYSE: JPI) will merge into the Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), subject to shareholder approval.
The merger aims to create a larger fund with key benefits including lower net operating expenses and increased trading volume on the exchange for common shares. Proxy materials with detailed information are expected to be filed in the coming weeks.
Nuveen currently manages $53 billion in assets across 45 closed-end funds as of December 31, 2024, with over 35 years of experience in CEF management.
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The Boards of Trustees of Nuveen Preferred and Income Fund (JPT), Nuveen Preferred & Income Securities Fund (JPS), and Nuveen Preferred & Income Opportunities Fund (JPC) have approved a proposal to merge the funds. This merger aims to consolidate JPT and JPS into JPC, creating a larger fund with lower net operating expenses and increased earnings potential. The mergers are subject to shareholder approval and are not contingent on one another. As of December 31, 2022, Nuveen manages $54 billion across 55 closed-end funds, aiming at income-focused investors.
Details will be provided in proxy materials in the coming weeks. The funds anticipate that the merger will enhance trading volumes on the exchange for common shares.