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Actionable news in JPC: Nuveen PREFERRED Income OPPORTUNITIES FUND,

Nuveen Fund Board Approves Closed-End Fund Merger

CHICAGO--(BUSINESS WIRE)--Nuveen, an operating division of TIAA Global Asset Management, today announced that the Board of Trustees of two closed-end funds has approved a plan to merge the funds in order to reduce common shareholder fees and expenses and increase common net earnings. The merger is subject to customary conditions, including shareholder approval at the annual shareholder meeting.

The proposed fund merger is as follows:

Acquired Fund Symbol Acquiring Fund Symbol

Nuveen Flexible Investment Income Fund


Nuveen Preferred Income Opportunities Fund


A Q&A posted on Nuveen’s website provides a summary of the proposed merger. Detailed information on the proposal will be contained in the proxy materials expected to be filed in the near future.

Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the advisors who serve them. Through the investment expertise of leading asset managers across traditional and alternative asset classes, Nuveen is committed to delivering consultative guidance that aligns with client needs. Funds are distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen is an operating division of TIAA Global Asset Management. For...