|Fund||Common||Term Preferred||Number of||Term|
|Nuveen Floating Rate Income Fund||JFR||10,200,000.00||10,200||12/1/2019|
|Nuveen Floating Rate Income Opportunity Fund||JRO||8,000,000.00||8,000||12/1/2023|
The Term Preferred Shares will pay a dividend rate that will adjust based upon a pre-determined schedule. Term Preferred Shares are preferred securities of each fund and are senior, with priority in all respects, to the fund's common shares in liquidation and as to payments of dividends. The Term Preferred Shares rank equally with each fund's outstanding VRTP Shares, with respect to liquidation and dividends. This press release is neither an offer to sell nor a solicitation of an offer to buy any of these securities.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 more information, please visit the Nuveen website at www.nuveen.com. The information contained on the Nuveen website is not a part of this press release. FORWARD LOOKING STATEMENTS Certain statements made or referenced in this release may be forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:
- market developments;
- legal and regulatory developments; and
- other additional risks and uncertainties.