Business description: Nuveen Variable Rate Preferred & Income Fund

Nuveen Variable Rate Preferred & Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of current income and total return. The Fund invests at least 80% of its Assets in variable rate preferred securities and other variable rate income producing securities. The Fund invests at least 50% of its Managed Assets in securities that are rated investment grade or are unrated but judged to be of comparable quality by the Fund’s sub-adviser. The Fund may invest up to 20% of its Managed Assets in contingent capital securities or contingent convertible securities. The Fund may invest up to 15% of its Managed Assets in companies located in emerging market countries. The Fund will invest more than 25% of its Managed Assets in the securities of companies principally engaged in the financial services sector. The investment adviser of the Fund is Nuveen Fund Advisors, LLC.

Sales by Activity: Nuveen Variable Rate Preferred & Income Fund

Fiscal Period: July 2022 (USD) 2024 (USD) 2025 (USD)

Financial Services

21.52M 42.71M 46.57M

Geographical breakdown of sales: Nuveen Variable Rate Preferred & Income Fund

Fiscal Period: July 2022 (USD) 2024 (USD) 2025 (USD)

United States

21.52M 42.71M 46.57M

Executive Committee: Nuveen Variable Rate Preferred & Income Fund

Manager TitleAgeSince
Chief Administrative Officer 63 31/12/2014
Corporate Secretary 57 31/12/2007
Comptroller/Controller/Auditor 53 31/12/2018
Treasurer 47 31/12/2015

Composition of the Board of Directors: Nuveen Variable Rate Preferred & Income Fund

Director TitleAgeSince
Chairman 67 31/12/2007
Director/Board Member 74 31/12/2015
Director/Board Member 64 31/12/2012
Director/Board Member 78 31/12/1996
Director/Board Member 79 31/12/2006
Director/Board Member 68 15/11/2020
Director/Board Member 71 31/12/2015
Director/Board Member 63 31/12/2016
Director/Board Member 63 31/12/2023
Director/Board Member 65 31/12/2023

Shareholders: Nuveen Variable Rate Preferred & Income Fund

NameStocks%Valuation
Sit Investment Associates, Inc.
9.968 %
2,408,758 9.968 % 45 M $
Parametric Portfolio Associates LLC
8.145 %
1,968,184 8.145 % 37 M $
RBC Capital Markets LLC
2.607 %
629,842 2.607 % 12 M $
Advisors Asset Management, Inc.
1.839 %
444,389 1.839 % 8 M $
UBS Financial Services, Inc.
1.723 %
416,277 1.723 % 8 M $

Company details: Nuveen Variable Rate Preferred & Income Fund

Nuveen Variable Rate Preferred & Income Fund

333 West Wacker Drive

60606, Chicago

+312-917-7700

address Nuveen Variable Rate Preferred & Income Fund(NPFD)

Closed End Funds

Change 5-day change 1-year change 3-year change Capi.($)
-0.50%-2.47%-10.60%+11.26% 430M
+0.67%+0.52%+17.92%+119.32% 16.01B
+2.31%+3.63%+53.00%+175.16% 13.2B
-0.11%-3.38%-23.07%+21.90% 8.54B
+0.97%+1.09%+31.03%+146.17% 7.83B
-1.44%-2.37%-27.07%-18.12% 6.65B
-2.06%-0.93%+3.62%+18.90% 6.54B
+0.13%+1.42%+11.63%+29.02% 4.85B
+0.80%+1.07% - - 3.89B
-1.27%-4.54%+1.41%+0.80% 3.8B
Average -0.05%-0.41%+6.43%+56.04% 7.17B
Weighted average by Cap. +0.33%+0.15%+13.76%+84.09%
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