Company: NPFD
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073013
Chunk: 216

Company: Nuveen Variable Rate Preferred & Income Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 216
---
ment

Income

(Loss)

ratios

reflect

income

earned

and

expenses

incurred

on

assets

attributable

to

preferred

shares,

borrowings,

and/or

reverse

repurchase

agreements

(as

described

in

Notes

to

### Financial
Statements),

where

applicable.

•

The

expense

ratios

reflect,

among

other

things,

all

interest

expense

and

other

costs

related

to

preferred

shares

and/or

reverse

repurchase

agreements

(as

described

in

Notes

to

### Financial
Statements),

where

applicable,

as

follows:

(d)

Unaudited.

(e)

Annualized.

(f)

For

the

period

December

15,

2021

(commencement

of

operations)

through

July

31,

2022.

#### 78

### Financial

#### Highlights
**(continued)

The

following

table

sets

forth

information

regarding

each

Fund's

outstanding

senior

securities

as

of

the

end

of

each

of

the

Fund's

last

five

fiscal

periods,

as

applicable.**

#### Borrowings

#### TFP

#### Shares

#### Term

#### Preferred

#### Aggregate

#### Amount

#### Outstanding
**(000)

(a)**

#### Asset

#### Coverage

#### Per
**$1,000**

#### Share
**(b)**

#### Aggregate

#### Amount

#### Outstanding
**(000)

(a)**

#### Asset

#### Coverage

#### Per
**$1,000**

#### Share
**(b)**

#### Aggregate

#### Amount

#### Outstanding
**(000)

(a)**

#### Asset

#### Coverage

#### Per
**$1,000**

#### Share
**(b)**

#### Asset

#### Coverage

#### Per
**$1**

#### Liquidation

#### Preference
**(c)**

#### JFR
1/31/25

(d)

$

477,200

$

4,182

$

285,000

$

2,618

$

—

$

—

$

2.62

7/31/24

477,200

4,204

285,000

2,632

—

—

2.63

7/31/23

477,200

4,163

285,000

2,607

—

—

2.