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Nuveen Variable Rate Preferred & Income Fund - $NPFD STOCK NEWS

Welcome to our dedicated page for Nuveen Variable Rate Preferred & Income Fund news (Ticker: $NPFD), a resource for investors and traders seeking the latest updates and insights on Nuveen Variable Rate Preferred & Income Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nuveen Variable Rate Preferred & Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nuveen Variable Rate Preferred & Income Fund's position in the market.

Rhea-AI Summary
Several Nuveen closed-end funds have declared distributions, including the Nuveen Variable Rate Preferred & Income Fund (NPFD) and Nuveen Core Plus Impact Fund (NPCT). NPFD has announced a distribution rate increase of approximately 28%, while NPCT has announced a distribution rate increase of approximately 10%. The changes aim to deliver higher monthly cash flows to shareholders, support secondary market trading, and improve each fund’s discount to NAV. However, it is anticipated that to maintain the declared distribution rates, the funds may make distributions from sources other than the current net investment income of the funds, potentially including a return of capital. Shareholders can expect regular distribution information to be posted on www.nuveen.com on the first business day of each month.
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Nuveen Variable Rate Preferred & Income Fund

NYSE:NPFD

NPFD Rankings

NPFD Stock Data

425.05M
24.16M
33.55%
0.09%
Asset Management
Financial Services
Link
United States of America
Chicago

About NPFD

nuveen is one of the world's largest asset managers, serving institutions, financial intermediaries and individual investors in more than 30 countries, providing investment expertise across the capital structure. in partnership with advisors and consultants, we create outcome-focused solutions that help investors achieve a more secure financial future. recognized as a leader in income generation, alternative investments and responsible investing, nuveen has award-winning capabilities that span both public and private asset classes. our investment approach is fueled by diversity of thought and a network of specialized investment teams with independent processes and best-in-class expertise.as the investment manager of tiaa, we honor a 100-plus year legacy of service and innovation based on enduring principles established by john nuveen and andrew carnegie. inspired by their vision, backed by size and scale, and empowered by private ownership, we are uniquely positioned to contribute mea