Nuveen Variable Rate Preferred & Income Fund

NPFD · NYSE · Financial Services / Asset Management

16.55USD-0.18 (-1.08%)

Price History

Full chart

Market Stats

Previous Close16.73

Open16.60

Day Range16.46 – 16.60

52-Week Range16.73 – 18.74

Volume85.67K

Market Cap417.56M

P/E (TTM)8.04

Forward P/E0.00

EPS2.15

Dividend Yield10.87%

Beta0.73

50-Day Avg18.37

200-Day Avg18.90

About

Nuveen Variable Rate Preferred & Income Fund operates as a closed-end management investment company. The company is based in Chicago, Illinois.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. David Jsoseph Lamb
Employees0
Headquarters333 West Wacker Drive, Chicago, IL, United States, 60606, USA
Websitehttps://www.nuveen.com

Leadership

Mr. David Jsoseph LambChief Administrative Officer · b. 1963
Mr. Gifford Ross Zimmerman CFAVP & Chief Compliance Officer · b. 1956
Mr. E. Scott WickerhamVP & Controller · b. 1973
Mr. Mark L. WingetVP & Secretary · b. 1968

Financials

Income Statement

Currency: USD	2022-07-31	2023-07-31	2024-07-31	2025-07-31
Total Revenue	-75.07M	-10.49M	83.08M	46.57M
Growth (%)	-	+86.02%	+891.70%	-43.94%
Cost of Revenue	2.46M	12.90M	16.27M	-
Gross Profit	-75.07M	-23.40M	66.80M	46.57M
Gross Margin	100.00%	222.95%	80.41%	100.00%
Operating Expense	-2.26M	1.14M	32.16M	8.39M
Operating Income	-72.81M	-24.54M	34.64M	38.18M
Operating Margin	96.99%	233.85%	41.69%	81.98%
EBITDA	-72.81M	-24.54M	65.36M	38.23M
EBITDA Margin	96.99%	233.85%	78.68%	82.09%
Net Income	-75.27M	-24.54M	65.36M	46.84M
Net Income Margin	100.26%	233.85%	78.68%	100.57%
Interest Expense	2.46M	12.90M	16.27M	14.81M
Interest Expense % of Total Revenue	-3.27%	-122.95%	19.59%	31.80%

Balance Sheet

Currency: USD	2022-07-31	2023-07-31	2024-07-31	2025-07-31
Total Assets	807.36M	720.55M	773.74M	765.19M
Total Liabilities	298.53M	266.91M	287.26M	280.45M
Total Equity	508.83M	453.64M	486.48M	484.74M
Cash	0	0	100.44K	139.75K
Total Debt	292.49M	150.91M	194.99M	273.68M
Net Debt	292.49M	150.91M	-100.44K	273.54M

Cash Flow

Currency: USD	2022-07-31	2023-07-31	2024-07-31	2025-07-31
Operating Cash Flow	-878.74M	59.92M	14.66M	54.61M
Financing Cash Flow	879.33M	-60.61M	-14.56M	-54.57M
Capital Expenditure	0	0	0	0
Free Cash Flow	-878.74M	59.92M	14.66M	54.61M
Dividends Paid	16.67M	31.90M	30.57M	48.57M
FCF to OCF	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-1.90%	53.23%	208.51%	88.94%

Earnings

Report Date	Apr 7, 2022	Oct 7, 2022	Apr 6, 2023	Oct 4, 2024	Apr 4, 2025	Oct 3, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00
EPS Actual	-0.64	-2.47	0.63	1.16	0.96	0.98
Surprise	-	-	-	-	-	-
Timing	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap417.56M

Enterprise Value636.02M

Trailing P/E8.04

Forward P/E0.00

Price / Sales8.68

Price / Book0.86

EPS2.15

Book Value20.26

Revenue (TTM)48.13M

Gross Profit (TTM)48.13M

Profit Margin108.68%

Operating Margin83.27%

Return on Equity10.73%

Return on Assets3.22%

Shares Outstanding24.16M

Shares Float0

Beta0.73

Dividend Yield10.87%

Dividend Rate1.88

Payout Ratio91.95%

Dividends

202611×

0.16Nov 13, 20260.16Oct 15, 20260.16Sep 15, 20260.16Aug 14, 20260.16Jul 15, 20260.16Jun 15, 20260.16May 15, 20260.16Apr 15, 20260.16Mar 13, 20260.16Feb 13, 20260.16Jan 15, 2026

202512×

0.16Dec 15, 20250.17Nov 14, 20250.17Oct 15, 20250.17Sep 15, 20250.17Aug 15, 20250.17Jul 15, 20250.17Jun 13, 20250.17May 15, 20250.17Apr 15, 20250.17Mar 14, 20250.17Feb 14, 20250.17Jan 15, 2025

20241×

0.17Dec 13, 2024