Company: NPFD
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073013
Chunk: 253

Company: Nuveen Variable Rate Preferred & Income Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 253
---
of

share

NAV

on

expiration

date)

20.0081

Number

of

common

shares

outstanding

after

tender

offer

14,099,877

#### JPC

#### Six

#### Months

#### Ended

#### 1/31/25

#### Year

#### Ended

#### 7/31/24
Maximum

aggregate

offering

Unlimited

Unlimited

Common

shares

sold

1,683,000

–

Offering

proceeds,

net

of

offering

costs

$13,454,152

$–

#### 90

#### Notes

#### to

### Financial

#### Statements
(continued)

Costs

incurred

by

the

Funds

in

connection

with their

initial

shelf

registrations

are

recorded

as

a

prepaid

expense

and

recognized

as

“Deferred

offering

costs”

on

the

Statement

of

Assets

and

Liabilities.

These

costs

are

amortized

pro

rata

as

common

shares

are

sold

and

are

recognized

as

a

component

of

“Proceeds

from

shelf

offering,

net

of

offering

costs”

on

the

Statement

of

Changes

in

Net

Assets.

Any

deferred

offering

costs

remaining

after

the

effectiveness

of

the

initial

shelf

registration

will

be

expensed.

Costs

incurred

by

the

Funds

to

keep

the

shelf

registration

current

are

expensed

as

incurred

and

recognized

as

a

component

of

“Other

expenses”

on

the

Statement

of

Operations.

#### Common Share
Transactions:

Transactions

in common

shares

for

the

Funds

during

the

Funds’

current

and

prior

fiscal

period,

where

applicable,

were

as

follows:

#### Preferred

#### Shares

#### Taxable

#### Fund

#### Preferred
Shares:

JFR,

JQC,

JPC

and

NPFD

have

issued

and

have

outstanding

Taxable

Fund

Preferred

(“TFP”)

Shares,

with

a

$1,000

liquid