Nuveen NPFD officer Joseph Castro files initial Form 3 ownership report

Rhea-AI Filing Summary

Nuveen Variable Rate Preferred & Income Fund filed an initial ownership report for executive Joseph Castro, who serves as EVP, Chief Risk & Compliance. This Form 3 discloses his status as an officer of the fund and shows no equity transactions or holdings changes reported in this filing.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Castro Joseph

(Last) (First) (Middle)

333 W. WACKER DRIVE

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/16/2025

3. Issuer Name and Ticker or Trading Symbol
Nuveen Variable Rate Preferred & Income Fund [ NPFD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Risk & Compliance

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

castropoa.txt

No securities are beneficially owned.

	Mark L. Winget/ Signed Under Power of Attorney	10/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 3 filing for NPFD and Joseph Castro show?

The Form 3 filing shows that Joseph Castro is an officer of Nuveen Variable Rate Preferred & Income Fund, serving as EVP, Chief Risk & Compliance. It is an initial statement of beneficial ownership and reports no equity transactions or changes in share ownership.

Did Joseph Castro buy or sell NPFD shares in this Form 3?

No, this Form 3 reports no purchases or sales of Nuveen Variable Rate Preferred & Income Fund shares by Joseph Castro. It simply establishes his status as an officer and provides an initial ownership disclosure without listing any specific transactions.

What is Joseph Castro’s role at Nuveen Variable Rate Preferred & Income Fund (NPFD)?

Joseph Castro is identified as an officer of Nuveen Variable Rate Preferred & Income Fund with the title EVP, Chief Risk & Compliance. This indicates responsibility for risk management and compliance oversight within the fund’s organizational structure, as disclosed in the Form 3 filing.

Why is Nuveen Variable Rate Preferred & Income Fund filing a Form 3 for NPFD?

A Form 3 is filed to disclose an insider’s initial beneficial ownership status. Nuveen Variable Rate Preferred & Income Fund filed this for NPFD to formally report that Joseph Castro is an officer of the fund, even though no specific share transactions are listed.

Does the NPFD Form 3 indicate any major ownership position by Joseph Castro?

The Form 3 does not detail any specific number of NPFD shares or major ownership position for Joseph Castro. It focuses on establishing his role as EVP, Chief Risk & Compliance and serves as an initial beneficial ownership statement without quantifying holdings in this excerpt.