Company: NPFD
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073013
Chunk: 18

Company: Nuveen Variable Rate Preferred & Income Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 18
---
9.20

$8.60

(6.52)%

(4.08)%

#### 10

#### Performance

### Overview

#### and

#### Holdings

#### Summaries

#### as

#### of

#### January

#### 31,

#### 2025
(continued)

#### Leverage

#### and

#### Holdings

#### Leverage
Effective

Leverage

38.20%

Regulatory

Leverage

38.20%

#### Fund

#### Allocation
**(%**

#### of

#### net

#### assets)
Variable

Rate

Senior

Loan

Interests

140

.8‌

%

Corporate

Bonds

17

.7‌

%

Common

Stocks

1

.9‌

%

Asset-Backed

Securities

1

.0‌

%

$25

Par

(or

similar)

Retail

Preferred

0

.0‌

%

Warrants

0

.0‌

%

Short-Term

Investment

Companies

5

.6‌

%

Other

Assets

&

Liabilities,

Net

(5.3)%

Borrowings

(38.7)%

TFP

Shares,

Net

(

23

.0‌

)

%

#### Net

#### Assets

#### 100‌
#### %

#### Portfolio

#### Composition

#### 1
**(%**

#### of

#### total

#### investments)
Software

&

Services

14.9%

Consumer

Services

12.7%

Health

Care

Equipment

&

Services

9.6%

Telecommunication

Services

7.2%

Capital

Goods

6.8%

Insurance

6.1%

Commercial

&

Professional

Services

5.8%

Media

&

Entertainment

5.3%

Materials

5.2%

Consumer

Discretionary

Distribution

&

Retail

3.8%

Energy

3.4%

Investment

Companies

3.4%

Technology

Hardware

&

Equipment

3.2%

Consumer

Durables

&

Apparel

1.9%

Transportation

1.8%

Other

8.9%

#### Total

#### Investments

#### 100%

#### Top

#### Five

#### Issuers
**(%**

#### of

#### total

#### long-term

#### investments)
CommScope,

Inc.,

Term

Loan

2.1%

Level

3

Financing

Inc.,

Extended