Nuveen Preferred & Income Opportunities Fund (JPC) names Baker and Langenfeld as sole portfolio managers
Effective April 1, 2022, Doug Baker and Brenda Langenfeld will take over total responsibility for managing the fund, which is named as NYSE: JPC. Thomas Ray and Susi Budiman, who had co-managed the fund with them, will stop managing it and focus on Nuveen's Flexible Income strategy. The filing describes a leadership change in the fund's management team but does not discuss performance or fees.
Key points
- Doug Baker and Brenda Langenfeld assume total portfolio management responsibility effective April 1, 2022.
- The pair manage Nuveen's flagship Preferred Securities and Income strategy and are responsible for $8.6 billion in assets under management.
- Thomas Ray and Susi Budiman stop co-managing the fund as of April 1, 2022, and will focus on the Flexible Income strategy.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 24, 2022.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.