NPFD · NYSE · Closed-end fund
Nuveen Variable Rate Preferred & Income Fund (NPFD) Price, Holdings & Fees
Nuveen Variable Rate Preferred & Income Fund (NPFD) closed at $460.12 on Oct 9, 2026, up 1.33% from the previous close of $454.09.
Share price, past year
1Y −15.41%Monthly closing prices
| Date | Close |
|---|---|
| Oct 9, 2026 | $460.12 |
| Sep 30, 2026 | $448.97 |
| Aug 31, 2026 | $465.88 |
| Jul 31, 2026 | $458.08 |
| Jun 30, 2026 | $510.36 |
| May 29, 2026 | $533.29 |
| Apr 30, 2026 | $505.69 |
| Mar 31, 2026 | $494.14 |
| Feb 27, 2026 | $503.26 |
| Jan 30, 2026 | $530.17 |
| Dec 31, 2025 | $542.43 |
| Nov 28, 2025 | $531.75 |
| Oct 31, 2025 | $525.79 |
Key statistics
- Expense ratio
- —
- Net assets
- $468.5M
- as of Jul 31, 2026
- Holdings
- 192
- as of Jul 31, 2026
- 52-week range
- $430.54 – $549.31
Holdings
Nuveen Variable Rate Preferred & Income Fund held 192 investments worth $468.48M as of Jul 31, 2026. Its largest holding was Bank of America Corp, at 3.92% of the fund.
| # | Holding | % of fund | Value |
|---|---|---|---|
| 1 | Bank of America Corp | 3.92% | $18.35M |
| 2 | JPMorgan Chase & Co | 3.92% | $18.34M |
| 3 | Citigroup Inc | 2.90% | $13.60M |
| 4 | WELLS FARGO & COMPANY | 2.76% | $12.92M |
| 5 | SBL HOLDINGS INC | 2.74% | $12.84M |
| 6 | Goldman Sachs Group Inc/The | 2.44% | $11.45M |
| 7 | TRUIST FINANCIAL CORP | 2.39% | $11.21M |
| 8 | General Motors Co | 2.22% | $10.39M |
| 9 | VODAFONE GROUP PLC | 2.19% | $10.27M |
| 10 | Enbridge Inc | 2.10% | $9.83M |
| 11 | JPMorgan Chase & Co | 1.88% | $8.80M |
| 12 | ASSURANT INC | 1.74% | $8.14M |
| 13 | Wells Fargo & Co | 1.73% | $8.11M |
| 14 | Banco Santander SA | 1.69% | $7.91M |
| 15 | NatWest Group PLC | 1.69% | $7.90M |
| 16 | KeyCorp | 1.61% | $7.55M |
| 17 | JPMorgan Chase & Co | 1.61% | $7.53M |
| 18 | LLOYDS BANKING GROUP PLC | 1.58% | $7.38M |
| 19 | HUNTINGTON BANCSHARES | 1.57% | $7.37M |
| 20 | ENERGY TRANSFER LP | 1.53% | $7.15M |
| 21 | FIRST CITIZENS BANCSHARE | 1.51% | $7.08M |
| 22 | PNC FINANCIAL SERVICES | 1.50% | $7.04M |
| 23 | ING Groep NV | 1.49% | $6.98M |
| 24 | ENBRIDGE INC | 1.46% | $6.85M |
| 25 | Prudential Financial Inc | 1.46% | $6.84M |
Top 25 of 192 holdings, as of Jul 31, 2026. Percentages are of the fund's net assets.
What the fund owns
| Asset type | % of fund |
|---|---|
| Bonds and other debt | 144.32% |
| Preferred stock | 12.40% |
| Repurchase agreements | −5.27% |
| Country | % of fund |
|---|---|
| United States | 99.90% |
| United Kingdom | 12.96% |
| Canada | 10.54% |
| France | 8.28% |
| Switzerland | 4.75% |
| Spain | 4.23% |
| Bermuda | 3.18% |
| Netherlands | 2.31% |
| Ireland | 1.42% |
| Germany | 1.26% |
Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.
Monthly total returns
Over the 3 months to Jul 31, 2026, Nuveen Variable Rate Preferred & Income Fund's total return was +0.40%, as reported to the SEC.
| Month | Total return |
|---|---|
| Jul 31, 2026 | −0.63% |
| Jun 30, 2026 | +0.44% |
| May 31, 2026 | +0.59% |
The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.
Fund profile
- Name
- Nuveen Variable Rate Preferred & Income Fund
- Ticker
- NPFD
- Exchange
- NYSE
- Fund type
- Closed-end fund
- SEC CIK
- 0001865389
- Fractional shares
- Yes
Recent SEC filings
- Sep 25, 2026
- Oct 6, 2026
- Apr 2, 2026
- Oct 3, 2025
- Apr 4, 2025
- Oct 4, 2024
- Jun 7, 2024
- Apr 3, 2024
Frequently asked questions
What is NPFD's price?
Nuveen Variable Rate Preferred & Income Fund (NPFD) closed at $460.12 on Oct 9, 2026, up 1.33% from the previous close of $454.09.
What does NPFD hold?
Nuveen Variable Rate Preferred & Income Fund held 192 investments worth $468.48M as of Jul 31, 2026. Its largest holding was Bank of America Corp, at 3.92% of the fund. Its five largest holdings were Bank of America Corp, JPMorgan Chase & Co, Citigroup Inc, WELLS FARGO & COMPANY, SBL HOLDINGS INC.
How has NPFD performed?
Over the 3 months to Jul 31, 2026, Nuveen Variable Rate Preferred & Income Fund's total return was +0.40%, as reported to the SEC.
Sources and methodology
Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of Jul 31, 2026 (filed Sep 25, 2026). Prices are generated sample data for development. Data sources and disclosures