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Two Nuveen Closed-End Funds’ Shareholders Approve Proposals for Fund Restructuring

NEW YORK--(BUSINESS WIRE)--Shareholders of Nuveen Mortgage Opportunity Term Fund (NYSE: JLS) and Nuveen Mortgage Opportunity Term Fund 2 (NYSE: JMT) approved a series of proposals relating to a restructuring of the funds which will allow shareholders the opportunity to maintain their exposure to securitized credit in lieu of the upcoming scheduled termination of each fund.