Nuveen Preferred and Income Term Fund (JPI)

Nuveen Preferred and Income Term Fund Announces Shareholder Proposal

NEW YORK, January 18, 2024--The Board of Trustees of Nuveen Preferred and Income Term Fund (NYSE: JPI) has approved a proposal that will allow shareholders of the fund the opportunity to maintain their investment in the fund and its leveraged exposure to preferred and other income producing securities.