Company: NPFD
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073013
Chunk: 138

Company: Nuveen Variable Rate Preferred & Income Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 138
---
,020,539

6,412,000

PG&E

Corp

7.375

03/15/55

6,229,897

8,976,000

Sempra

4.125

04/01/52

8,507,817

11,240,000

(b)

Sempra

6.550

04/01/55

10,969,689

13,190,000

(a)

Sempra

4.875

N/A

13,052,600

#### Portfolio

#### of

#### Investments

#### January

#### 31,

#### 2025
(continued)

#### JPC

#### 46
See

Notes

to

### Financial
Statements

#### PRINCIPAL/

### SHARES

### DESCRIPTION

#### RATE

### MATURITY

#### VALUE

### UTILITIES
(continued)

$

6,440,000

Southern

Co/The

4.000

%

01/15/51

$

6,342,571

7,365,000

(a),(e)

Vistra

Corp

8.875

N/A

7,891,399

1,745,000

(a),(e)

Vistra

Corp

7.000

N/A

1,750,835

12,725,000

(a),(e)

Vistra

Corp

8.000

N/A

13,046,510

TOTAL

### UTILITIES
232,829,216

#### TOTAL
**$1,000**

#### PAR
**(OR**

#### SIMILAR)

### INSTITUTIONAL

### PREFERRED
**(Cost

$2,151,573,023)**

#### 2,196,694,380

### SHARES

### DESCRIPTION

#### RATE

#### VALUE
**337436350

$25**

#### PAR
**(OR**

#### SIMILAR)

### RETAIL

### PREFERRED
#### -

#### 13.1%
**(8.2%**

#### of

#### Total

#### Investments)
337436350

#### BANKS
#### -

#### 2.2%
**(1.4%**

#### of

#### Total

#### Investments)
304,913

Fifth

Third

Bancorp

8.296

7,897,247

825,668

KeyCorp

6.125

20,476,567

659,461

KeyCorp

6.200

16,110,632

517,064