Nuveen Variable Rate Preferred & Income Fund (NPFD) shareholders
Close on Nov 13, 2026Market cap –P/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Sit Investment Associates, Inc. Joint filing with Sit Fixed Income Advisors II, LLC (10.50%) | 2,545,155 | 10.50% | 13G (passive) amendment | Feb 14, 2025 |
| First Trust Portfolios L.P. Joint filing with First Trust Advisors L.P. (7.81%), The Charger Corporation (7.81%) | 1,888,128 | 7.81% | 13G (passive) | Mar 31, 2026 |
| Morgan Stanley Joint filing with Parametric Portfolio Associates LLC (6.50%) | 1,567,793 | 6.50% | 13G (passive) amendment | Jun 30, 2025 |
| Parametric Portfolio Associates LLC Joint filing with Morgan Stanley (5.00%) | 1,210,213 | 5.00% | 13G (passive) | Dec 31, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NPFD | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Sit Investment Associates Inc | 2,408,758 | – | $45.33M | −16,426 | 0.86% |
| Morgan Stanley | 1,968,184 | – | $37.04M | −28,255 | 0.00% |
| Royal Bank of Canada | 587,471 | – | $11.06M | −70,371 | 0.00% |
| Advisors Asset Management, Inc. | 444,389 | – | $8.36M | +56,827 | 0.13% |
| UBS Group AG | 416,649 | – | $7.84M | +33,068 | 0.00% |
| Wells Fargo & Company/Mn | 270,297 | – | $5.09M | −117,071 | 0.00% |
| Invesco Ltd. | 265,957 | – | $5.01M | +6,098 | 0.00% |
| Atlas Wealth LLC | 263,387 | – | $4.96M | New | 0.71% |
| Cohen & Steers, Inc. | 205,000 | – | $3.86M | – | 0.01% |
| Stifel Financial Corp | 154,395 | – | $2.91M | −1,827 | 0.00% |
| First Trust Advisors LP | 127,209 | – | $2.39M | +5,248 | 0.00% |
| Commonwealth Equity Services, LLC | 67,225 | – | $1.27M | +2,655 | 0.00% |
| Evolve Private Wealth, LLC | 64,082 | – | $1.22M | −4,706 | 0.07% |
| Closed-End Fund Advisors, Inc. | 51,519 | – | $969.59K | −2,975 | 0.95% |
| Summit Financial, LLC | 50,421 | – | $956.82K | +423 | 0.01% |
| Cetera Investment Advisers | 47,557 | – | $895.01K | −13,705 | 0.00% |
| Envestnet Asset Management Inc | 42,371 | – | $797.42K | −19,299 | 0.00% |
| Equitable Holdings, Inc. | 41,584 | – | $782.60K | +204 | 0.00% |
| Wedbush Securities Inc | 36,897 | – | $694.00K | +5,983 | 0.02% |
| Janney Montgomery Scott LLC | 30,635 | – | $577.00K | +5,075 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 51 | 8M | 6 / 13 | 19 / 9 | 0M | 0M |
| Q1 2026 | 56 | 8M | 14 / 20 | 15 / 4 | 0M | 1M |
| Q4 2025 | 48 | 8M | 8 / 11 | 19 / 5 | 0M | 1M |
| Q3 2025 | 45 | 9M | 6 / 15 | 16 / 4 | 0M | 1M |
| Q2 2025 | 43 | 9M | 6 / 15 | 12 / 8 | 1M | 0M |
| Q1 2025 | 46 | 9M | 9 / 18 | 12 / 5 | 1M | 1M |
| Q4 2024 | 42 | 9M | 3 / 25 | 8 / 12 | 2M | 1M |
| Q3 2024 | 51 | 9M | 13 / 21 | 12 / 5 | 1M | 2M |
| Q2 2024 | 43 | 9M | 6 / 20 | 9 / 5 | 2M | 6M |
| Q1 2024 | 42 | 14M | 6 / 19 | 11 / 6 | 4M | 0M |
| Q4 2023 | 42 | 10M | 16 / 15 | 7 / 5 | 5M | 1M |
| Q3 2023 | 33 | 7M | 4 / 9 | 11 / 9 | 2M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
4 funds held NPFD in Q2 2026, 100% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of NPFD | Value | % of fund | As of |
|---|---|---|---|---|---|
| Invesco CEF Income Composite ETF | 222,140 | – | $4.23M | 0.51% | May 31, 2026 |
| First Trust Income Opportunities ETF | 90,029 | – | $1.72M | 2.17% | May 31, 2026 |
| Multi-Hedge Strategies Fund | 155 | – | $2.92K | 0.01% | Jun 30, 2026 |
| Guggenheim Multi-Hedge Strategies Fund | 54 | – | $1.02K | 0.01% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Parth Doshi | Vice President | – | Sep 1, 2026 |
| Joseph Castro | EVP, Chief Risk & Compliance | – | Feb 26, 2026 |
| Robert Tanner Page | VP and Treasurer | – | Feb 20, 2026 |
| Nathaniel T. Jones | Vice President and Treasurer | 500 | May 6, 2025 |
| Marc Cardella | VP and Controller | – | Dec 3, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Nathaniel T. Jones Vice President and Treasurer | May 5, 2025 | Buy | +500 | $18.69 | $9.35K | 500 |
| Brenda A. Langenfeld – | Oct 31, 2022 | Buy | +469 | $17.05 | $8.00K | 469 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Nuveen Variable Rate Preferred & Income Fund's stock actually held short. Settlement fails (shares not delivered on time) peaked at 16,000 shares on Sep 2, 2026 over the last 90 days.
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