The Nuveen Variable Rate Preferred & Income Fund (NPFD) is a closed-end fund that targets investors aiming to achieve significant current income through a diversified portfolio of variable-rate preferred and income-generating securities. Leveraging the expertise of Nuveen, a prominent investment management firm, NPFD prioritizes high-quality assets and employs a structured investment strategy to deliver attractive risk-adjusted returns. With a keen focus on income stability amid changing interest rate scenarios, the fund presents institutional investors with a robust opportunity to engage in the preferred securities market while adeptly navigating income-related challenges.
| Revenue (TTM) | $48.13M |
| Gross Profit (TTM) | $48.13M |
| EBITDA | — |
| Operating Margin | 83.30% |
| Return on Equity | 10.70% |
| Return on Assets | 3.22% |
| Revenue/Share (TTM) | $1.99 |
| Book Value | $20.26 |
| Price-to-Book | 0.93 |
| Price-to-Sales (TTM) | 9.43 |
| EV/Revenue | 12.01 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 23.60% |
| Quarterly Revenue Growth (YoY) | 6.80% |
| Shares Outstanding | $24.16M |
| Float | 0 |
| % Insiders | 0.00% |
| % Institutions | 32.34% |
Volatility is currently expanding