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Release: Nuveen Preferred Securities Closed-End Funds Announce Completion of Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2569781712","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2569781712?lang=en_us&edition=fundamental","pubTime":"2025-09-22 20:00","pubTimestamp":1758542400,"startTime":"0","endTime":"0","summary":"The merger of Nuveen Preferred Securities & Income Opportunities Fund  into Nuveen Preferred & Income Opportunities Fund  was successfully completed prior to the opening of the New York Stock Exchange on September 22, 2025.Through the merger, a wholly-owned subsidiary of JPC acquired substantially all of the assets and liabilities of JPI in a tax-free transaction, and common shares of JPI were converted to newly-issued common shares of JPC in an aggregate amount equal to the value of the net assets of JPI. The transaction took place based upon JPI's closing net asset value on September 19, 2025. The exchange ratio at which common shares of JPI were converted to common shares of JPC is listed below:. JPI      Nuveen Preferred Securities & Income Opportunities Fund  2.49939132. Closed-end funds frequently trade at a discount from net asset value . At any point in time, including when sold, shares may be worth more or less than the purchase price or the net asset value, even after conside","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NAV","JPI","JPC"],"gpt_icon":0},{"id":"2563307401","title":"Press Release: Nuveen Preferred Securities Closed-End Funds Announce Shareholder Approval of Proposed Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2563307401","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2563307401?lang=en_us&edition=fundamental","pubTime":"2025-08-30 04:46","pubTimestamp":1756500360,"startTime":"0","endTime":"0","summary":"Common shareholders of Nuveen Preferred Securities & Income Opportunities Fund  and preferred shareholders of Nuveen Preferred & Income Opportunities Fund  have approved a proposal to merge the funds. The merger will combine JPI into JPC. Subject to the satisfaction of certain customary closing conditions, the merger is expected to become effective before the market opens on September 22, 2025.Prior to the merger, JPI may declare a pre-merger distribution. Information about a pre-merger distribution, if any, will be provided in a subsequent press release.Nuveen is a leading sponsor of closed-end funds  with $52 billion in assets under management across 45 CEFs as of 30 Jun 2025. 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.Past performance is no guarantee of future results. All inv","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["JPI","NAV","JPC"],"gpt_icon":0},{"id":"2557434741","title":"JPC Connectivity Hands CEO Duties to Chair; Shares Rally 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=2557434741","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557434741?lang=en_us&edition=fundamental","pubTime":"2025-08-06 13:18","pubTimestamp":1754457505,"startTime":"0","endTime":"0","summary":"JPC Connectivity (TPE:6197) appointed its chairman, Chang Shu-Mei, to concurrently serve as chief executive officer of the company, effective Tuesday, according to a same-day Taiwan Exchange filing.Shares jumped over 6% in recent trade on Wednesday.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["JPC"],"gpt_icon":0}],"pageSize":20,"totalPage":1,"pageCount":1,"totalSize":3,"code":"91000000","status":"200"}]}}