The Nuveen Variable Rate Preferred & Income Fund (NPFD) is a closed-end fund designed for investors seeking substantial current income through investments in variable-rate preferred and income-generating securities. Managed by Nuveen, a leader in investment management, NPFD employs a disciplined approach to portfolio construction, focusing on high-quality assets to achieve attractive risk-adjusted returns. With a strategic emphasis on income stability in fluctuating interest rate environments, the fund provides institutional investors with a compelling opportunity to capitalize on the preferred securities market while effectively managing income dynamics.
| 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 | 0.95 |
| Price-to-Sales (TTM) | 9.63 |
| EV/Revenue | 12.22 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 23.60% |
| Quarterly Revenue Growth (YoY) | 6.80% |
| Shares Outstanding | $24.16M |
| Float | 0 |
| % Insiders | 0.00% |
| % Institutions | 41.15% |
Volatility is currently contracting