Equities

Nuveen Variable Rate Preferred & Income Fund

NPFD:NYQ

Nuveen Variable Rate Preferred & Income Fund

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FinancialsClosed End Investments
  • Price (USD)18.85
  • Today's Change-0.03 / -0.16%
  • Shares traded115.88k
  • 1 Year change+19.30%
  • Beta--
Data delayed at least 15 minutes, as of Nov 22 2024.
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About the company

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 seeks to achieve its investment objective by investing in a portfolio of variable rate preferred securities and other variable rate income-producing securities from companies such as banks, utilities, and insurance companies. The Fund invests up to 20% of Managed Assets in contingent capital securities or contingent convertible securities (CoCos) and up to 15% in companies located in emerging market countries but will only invest in United States dollar-denominated securities. More than 25% of Managed Assets will be invested in securities of companies in the financial services sector. The investment adviser of the Fund is Nuveen Fund Advisors, LLC.

  • Revenue in USD (TTM)42.70m
  • Net income in USD65.36m
  • Incorporated2021
  • Employees--
  • Location
    Nuveen Variable Rate Preferred & Income Fund333 W. Wacker Dr.CHICAGO 60606United StatesUSA
  • Phone+1 (312) 917-8146
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Calamos Global Dynamic Income Fund86.37m77.08m445.13m--5.780.9712--5.151.211.211.357.180.13330.77753.52--11.89--12.39--80.73--89.24------0.3211--139.83--115.23------
Blackrock Municipal Income Trust35.62m11.39m445.35m--39.090.8886--12.500.25980.25980.812311.430.0443--4.15--1.42--2.02--53.03--31.98----2.610.1755--0.3267--316.68------
Agriculture & Naturl Solutns Acqstn Corp0.008.18m449.58m0.0054.991.31----0.18960.18960.007.930.00------4.50--4.55--------------0.00------106,229.30------
PennantPark Investment Corp.141.36m42.75m453.15m0.0010.590.9225--3.210.65540.65542.177.520.1136--7.18--3.431.753.511.7949.6950.1430.2419.85--3.450.626191.5738.496.07-36.65----1.09
Nuveen Variable Rate Pred & Inc Fund42.70m65.36m455.49m--6.970.9363--10.672.712.711.7720.130.0572--30.07--8.75--10.36--43.81--153.09------0.2861--13.35--366.36------
abrdn World Healthcare Fund12.58m48.96m457.02m--9.330.954--36.331.281.280.328812.530.0208--3.75--8.103.718.163.78-13.7819.07389.18180.74----0.2003215.115.47-1.33159.873.10---0.4599
Nuveen Preferred and Income Term Fund46.08m61.27m460.00m--7.511.01--9.982.692.692.0219.960.0676--0.3965--8.981.5110.191.6553.6268.71132.9524.92----0.3385283.831.29-2.38285.427.10---6.32
John Hancock Preferred Income Fund-100.00bn-100.00bn461.00m--------------------------------------------------------------
BlackRock MuniAssets Fund Inc30.91m46.14m461.35m0.0010.001.01--14.921.201.200.80411.890.0484--58.24--7.22--7.33--63.20--149.28------0.282--1.20--318.10------
Nuveen Taxable Municipal Income Fund38.97m16.30m461.50m--28.320.9804--11.840.55440.55441.3316.010.0547------2.290.67223.180.872458.3076.0141.8413.12--3.560.3243618.27-5.240.893-108.86-----1.53
Diamond Hill Investment Group Inc145.80m49.40m461.86m129.009.612.789.123.1717.6617.6652.1460.920.5889--6.721,130,197.0019.9518.7724.6223.8297.6697.7233.8834.42----0.0075.69-11.51-1.254.43-1.89-51.17--
Duff & Phelps Utlty and Infrstct Fnd Inc16.27m-7.51m464.29m----1.13--28.53-0.1967-0.19670.426310.800.0268--5.09---1.241.57-1.251.57-6.9022.50-46.1458.59---0.24680.2795455.99-4.24-8.38-204.11-----2.09
BlackRock MuniVest Fund Inc33.03m29.25m466.97m--15.970.9146--14.140.46090.46090.520510.470.0433--287.52--3.84-0.04623.86-0.046555.7966.9388.55-1.22----0.102--1.77-4.96329.49-13.88---8.01
Data as of Nov 22 2024. Currency figures normalised to Nuveen Variable Rate Preferred & Income Fund's reporting currency: US Dollar USD

Institutional shareholders

28.48%Per cent of shares held by top holders
HolderShares% Held
Sit Investment Associates, Inc.as of 30 Sep 20241.40m5.81%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 20241.39m5.77%
Parametric Portfolio Associates LLCas of 30 Sep 2024918.05k3.80%
Thomas J. Herzfeld Advisors, Inc.as of 30 Sep 2024634.97k2.63%
Saba Capital Management LPas of 30 Sep 2024616.95k2.55%
RBC Capital Markets LLC (Investment Management)as of 30 Sep 2024468.66k1.94%
UBS Financial Services, Inc.as of 30 Sep 2024401.18k1.66%
Advisor Partners II LLCas of 30 Sep 2024399.81k1.66%
Envestnet Asset Management, Inc.as of 30 Sep 2024350.57k1.45%
Invesco Capital Management LLCas of 30 Sep 2024294.13k1.22%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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