Company: NPFD
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073013
Chunk: 198

Company: Nuveen Variable Rate Preferred & Income Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 198
---
–‌

(

1,536,960‌

)

Total

distributions

(

127,600,086‌

)

(

152,486,748‌

)

(

13,088,225‌

)

(

26,780,365‌

)

### CAPITAL

#### SHARE

### TRANSACTIONS
Common

shares:

Fund

Merger

—‌

1,551,871,080‌

—‌

—‌

Proceeds

from

shelf

offering,

net

of

offering

costs

13,454,152‌

—‌

—‌

—‌

Reinvestments

of

distributions

398,344‌

—‌

145,384‌

—‌

Cost

of

shares

repurchased

and

retired

through

tender

offer

–‌

–‌

(

173,521,088‌

)

–‌

Net

increase

(decrease)

applicable

to

common

shares

from

capital

share

transactions

13,852,496‌

1,551,871,080‌

(

173,375,704‌

)

—‌

Net

increase

(decrease)

in

net

assets

applicable

to

common

shares

7,388,229‌

1,780,864,068‌

(

172,607,707‌

)

34,485,007‌

Net

assets

applicable

to

common

shares

at

the

beginning

of

the

period

2,563,871,408‌

783,007,340‌

454,488,231‌

420,003,224‌

#### Net

#### assets

#### applicable

#### to

#### common

#### shares

#### at

#### the

#### end

#### of

#### the

#### period
**$**

#### 2,571,259,637‌
**$**

#### 2,563,871,408‌
**$**

#### 281,880,524‌
**$**

#### 454,488,231‌
See

Notes

to

### Financial
Statements

#### 68

#### Statement

#### of

#### Changes

#### in

#### Net

#### Assets
**(continued)**

#### NPFD

#### Unaudited

#### Six

#### Months

#### Ended

#### 1/31/25

#### Year

#### Ended

####