Company: NPFD
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073013
Chunk: 226

Company: Nuveen Variable Rate Preferred & Income Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 226
---
 JPC

#### Value
#### %

#### of

#### Total

#### Investments
Country:

United

Kingdom

$

545,006,044

13.3

%

France

363,346,163

8.8

Canada

233,713,172

5.7

Spain

174,836,888

4.3

Switzerland

157,997,213

3.8

Netherlands

86,580,205

2.1

Germany

63,590,453

1.5

Australia

51,217,240

1.2

Ireland

41,208,562

1.0

Other

114,354,555

2.8

Total

non-U.S.

Securities

$1,831,850,495

44.5%

#### 81

#### Foreign
Taxes:

The

Funds

may

be

subject

to

foreign

taxes

on

income,

gains

on

investments

or

foreign

currency

repatriation,

a

portion

of

which

may

be

recoverable.

The

Funds

will

accrue

such

taxes

and

recoveries

as

applicable,

based

upon

the

current

interpretation

of

tax

rules

and

regulations

that

exist

in

the

markets

in

which

the

Funds

invest.

Indemnifications:

Under

the

Funds'

organizational

documents, their

officers

and

trustees

are

indemnified

against

certain

liabilities

arising

out

of

the

performance

of

their

duties

to

the

Funds.

In

addition,

in

the

normal

course

of

business,

the Funds

enter

into

contracts

that

provide

general

indemnifications

to

other

parties.

The

Funds'

maximum

exposure

under

these

arrangements

is

unknown

as

this

would

involve

future

claims

that

may

be

made

against

the Funds

that

have

not

yet

occurred.

However,

the Funds

have

not

had

prior

claims

or

losses

pursuant

to

these

contracts

and

expects

the

risk