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Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD) will host a webinar on February 8, 2022, at 2:00 PM ET, featuring Doug Baker, the Fund's portfolio manager. The webinar will cover portfolio positioning, investment processes, and market opportunities. Participants can join online via Zoom or by phone. Nuveen, a leading closed-end fund sponsor, manages $66 billion across 58 funds as of December 31, 2021. The firm aims to provide income-focused investors with diverse asset class exposure.
The Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD) has announced its initial monthly distribution of
Nuveen has launched the Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), completing an initial public offering that raised $550 million in common shares. If underwriters exercise additional options, the total could reach $633 million. The fund aims to provide tax-advantaged income by investing in variable rate preferred securities from high-quality companies. Nuveen, managing $1.2 trillion in assets, positions itself as a leader in closed-end funds. The fund meets growing investor demand for tax-efficient yield opportunities.
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