Nuveen Fund Advisors, LLC

333 West Wacker Drive

Chicago, Illinois 60606

Phone: 312-917-7700

www.nuveen.com

August 24, 2020

VIA EDGAR

Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C. 20549

Senior Counsel

Nuveen Dynamic Municipal Opportunities Fund

Registration Statement on Form N-2

File Nos. 333-234592; 811-23489

Dear Ms. Bentzinger,

In accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended, Nuveen Dynamic Municipal Opportunities Fund (the “Fund”) hereby requests acceleration of the effective date of the above-captioned Registration Statement so that it will become effective by 10:00 a.m., Eastern Time, on August 26, 2020 or as soon thereafter as practicable.

The Fund also hereby requests that effectiveness of its Registration Statement on Form 8-A under the Securities Exchange Act of 1934, as amended, be accelerated to be concurrent with the effectiveness of the above-captioned Registration Statement.

Sincerely,

NUVEEN DYNAMIC MUNICIPAL OPPORTUNITIES FUND

Morgan Stanley & Co. LLC

1585 Broadway

New York, New York 10036

August 24, 2020

VIA EDGAR

Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C. 20549

Senior Counsel

Nuveen Dynamic Municipal Opportunities Fund

Registration Statement on Form N-2

File Nos. 333-234592 and 811-23489

Dear Ms. Bentzinger,

Pursuant to Rule 461 under the Securities Act of 1933, as amended, the undersigned, as representative of the prospective underwriters of the securities covered by the above-captioned Registration Statement, hereby joins in the request of Nuveen Dynamic Municipal Opportunities Fund that the effectiveness of the Registration Statement relating to such securities be accelerated so that the Registration Statement will become effective by 10:00 a.m., Eastern Time, on August 26, 2020, or as soon thereafter as practicable.