NEW YORK–(BUSINESS WIRE)–The Boards of Trustees of Nuveen Preferred and Income Fund (NYSE: JPT), Nuveen Preferred & Income Securities Fund (NYSE: JPS), and Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would combine each of JPT and JPS into JPC. The mergers are intended to create a larger fund with lower net operating expenses, enhanced earnings potential, and increased trading v My Business Wire News
