Nuveen Variable Rate Preferred & Income Fund

Fund Profile

Fund profile

Fund manager

Total assets

$756.74 mm

Liabilities

$264.99 mm

Net assets

$491.75 mm

Number of holdings

197.00

197 Holdings

As of Oct 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
JPMorgan Chase & Co	18.77 mm	17.77 mm principal	3.82	Debt	Long	USA
C Citigroup Inc.	13.94 mm	13.10 mm principal	2.83	Debt	Long	USA
Wells Fargo & Co	13.27 mm	12.35 mm principal	2.70	Debt	Long	USA
SBL Holdings Inc	12.21 mm	13.50 mm principal	2.48	Debt	Long	USA
ERRAF Emera Incorporated	12.16 mm	12.14 mm principal	2.47	Debt	Long	Canada
VOD Vodafone Group Public Limited Company	10.47 mm	10.00 mm principal	2.13	Debt	Long	UK
MKL Markel Corporation	10.33 mm	10.35 mm principal	2.10	Debt	Long	USA
General Motors Financial Co Inc	10.15 mm	10.48 mm principal	2.06	Debt	Long	USA
SCHW The Charles Schwab Corporation	10.08 mm	10.13 mm principal	2.05	Debt	Long	USA
Goldman Sachs Group Inc/The	9.91 mm	9.88 mm principal	2.02	Debt	Long	USA
AHL-PD Aspen Insurance Holdings Limited	9.01 mm	340.20 k shares	1.83	Preferred equity	Long	Bermuda
HBAN Huntington Bancshares Incorporated	8.37 mm	8.40 mm principal	1.70	Debt	Long	USA
ENB Enbridge Inc.	8.29 mm	8.55 mm principal	1.69	Debt	Long	Canada
AIZ Assurant, Inc.	8.18 mm	8.05 mm principal	1.66	Debt	Long	USA
TFC Truist Financial Corporation	8.17 mm	8.21 mm principal	1.66	Debt	Long	USA
Wells Fargo & Co	8.12 mm	7.87 mm principal	1.65	Debt	Long	USA
TFC Truist Financial Corporation	7.97 mm	7.97 mm principal	1.62	Debt	Long	USA
TFC Truist Financial Corporation	7.95 mm	8.20 mm principal	1.62	Debt	Long	USA
HSBC HSBC Holdings plc	7.93 mm	7.56 mm principal	1.61	Debt	Long	UK
General Motors Financial Co Inc	7.91 mm	8.20 mm principal	1.61	Debt	Long	USA
MTB M&T Bank Corporation	7.88 mm	8.00 mm principal	1.60	Debt	Long	USA
QBE Insurance Group Ltd	7.75 mm	7.74 mm principal	1.58	Debt	Long	Australia
ENB Enbridge Inc.	7.73 mm	6.96 mm principal	1.57	Debt	Long	Canada
KEY KeyCorp	7.43 mm	297.60 k shares	1.51	Preferred equity	Long	USA
ANG-PB American National Group Inc.	7.30 mm	290.55 k shares	1.48	Preferred equity	Long	USA
Lloyds Banking Group PLC	7.29 mm	7.00 mm principal	1.48	Debt	Long	UK
First Citizens BancShares Inc/NC	7.21 mm	7.07 mm principal	1.47	Debt	Long	USA
PRS Prudential Financial, Inc. 5.62	6.98 mm	6.69 mm principal	1.42	Debt	Long	USA
ING Groep NV	6.96 mm	6.80 mm principal	1.41	Debt	Long	Netherlands
UBS Group AG	6.88 mm	6.87 mm principal	1.40	Debt	Long	Switzerland
ENB Enbridge Inc.	6.74 mm	6.36 mm principal	1.37	Debt	Long	Canada
CHSCP CHS Inc.	6.56 mm	253.38 k shares	1.33	Preferred equity	Long	USA
MET MetLife, Inc.	6.53 mm	6.50 mm principal	1.33	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	6.37 mm	6.07 mm principal	1.29	Debt	Long	USA
EQH Equitable Holdings, Inc.	6.24 mm	6.31 mm principal	1.27	Debt	Long	USA
CoBank ACB	6.08 mm	6.05 mm principal	1.24	Debt	Long	USA
Banco Santander SA	5.99 mm	5.20 mm principal	1.22	Debt	Long	Spain
Goldman Sachs Group Inc/The	5.87 mm	5.89 mm principal	1.19	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	5.74 mm	5.74 mm principal	1.17	Debt	Long	USA
Enstar Finance LLC	5.73 mm	6.12 mm principal	1.17	Debt	Long	USA
BCS Barclays PLC	5.67 mm	5.49 mm principal	1.15	Debt	Long	UK
C Citigroup Inc.	5.50 mm	5.35 mm principal	1.12	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	5.50 mm	5.14 mm principal	1.12	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	5.46 mm	5.70 mm principal	1.11	Debt	Long	USA
VOYA Voya Financial, Inc.	5.40 mm	211.00 k shares	1.10	Preferred equity	Long	USA
Credit Agricole SA	5.38 mm	5.24 mm principal	1.09	Debt	Long	France
ET Energy Transfer LP	5.33 mm	5.35 mm principal	1.08	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	5.21 mm	5.25 mm principal	1.06	Debt	Long	USA
BAC Bank of America Corporation	5.05 mm	5.00 mm principal	1.03	Debt	Long	USA
BNPQF BNP Paribas SA	4.97 mm	4.80 mm principal	1.01	Debt	Long	France
USB U.S. Bancorp	4.94 mm	5.00 mm principal	1.00	Debt	Long	USA
Athene Holding Ltd	4.88 mm	194.78 k shares	0.99	Preferred equity	Long	USA
Credit Agricole SA	4.80 mm	4.94 mm principal	0.98	Debt	Long	France
SCHW The Charles Schwab Corporation	4.80 mm	5.00 mm principal	0.98	Debt	Long	USA
NWG NatWest Group plc	4.71 mm	4.40 mm principal	0.96	Debt	Long	UK
UBS Group AG	4.71 mm	4.33 mm principal	0.96	Debt	Long	Switzerland
RGA Reinsurance Group of America, Incorporated	4.70 mm	188.60 k shares	0.96	Preferred equity	Long	USA
AL Air Lease Corporation	4.69 mm	4.84 mm principal	0.95	Debt	Long	USA
VOYA Voya Financial, Inc.	4.59 mm	4.35 mm principal	0.93	Debt	Long	USA
HSBC HSBC Holdings plc	4.55 mm	4.55 mm principal	0.93	Debt	Long	UK
HSBC HSBC Holdings plc	4.52 mm	4.54 mm principal	0.92	Debt	Long	UK
WFC Wells Fargo & Company	4.46 mm	4.61 mm principal	0.91	Debt	Long	USA
UBS Group AG	4.46 mm	3.85 mm principal	0.91	Debt	Long	Switzerland
ETR Entergy Corporation	4.42 mm	4.32 mm principal	0.90	Debt	Long	USA
Intesa Sanpaolo SpA	4.41 mm	4.41 mm principal	0.90	Debt	Long	Italy
Banco Santander SA	4.38 mm	4.20 mm principal	0.89	Debt	Long	Spain
STT State Street Corporation	4.38 mm	4.25 mm principal	0.89	Debt	Long	USA
ET Energy Transfer LP	4.35 mm	4.28 mm principal	0.88	Debt	Long	USA
Deutsche Bank AG	4.19 mm	4.29 mm principal	0.85	Debt	Long	Germany
RF Regions Financial Corporation	4.12 mm	163.72 k shares	0.84	Preferred equity	Long	USA
ANG-PB American National Group Inc.	4.07 mm	160.15 k shares	0.83	Preferred equity	Long	USA
PNC The PNC Financial Services Group, Inc.	4.02 mm	3.99 mm principal	0.82	Debt	Long	USA
CRBG Corebridge Financial, Inc.	3.96 mm	3.98 mm principal	0.81	Debt	Long	USA
Transcanada Trust	3.96 mm	4.00 mm principal	0.80	Debt	Long	Canada
Athene Holding Ltd	3.95 mm	157.15 k shares	0.80	Preferred equity	Long	USA
BNP Paribas SA	3.92 mm	3.77 mm principal	0.80	Debt	Long	France
Societe Generale SA	3.87 mm	3.63 mm principal	0.79	Debt	Long	France
D Dominion Energy, Inc.	3.82 mm	3.59 mm principal	0.78	Debt	Long	USA
EIX Edison International	3.81 mm	3.91 mm principal	0.77	Debt	Long	USA
Morgan Stanley	3.80 mm	143.95 k shares	0.77	Preferred equity	Long	USA
HSBC HSBC Holdings plc	3.78 mm	3.76 mm principal	0.77	Debt	Long	UK
South Bow Canadian Infrastructure Holdings Ltd	3.69 mm	3.55 mm principal	0.75	Debt	Long	Canada
Toronto-Dominion Bank/The	3.68 mm	3.50 mm principal	0.75	Debt	Long	Canada
COF Capital One Financial Corporation	3.62 mm	3.85 mm principal	0.74	Debt	Long	USA
QBE Insurance Group Ltd	3.59 mm	3.60 mm principal	0.73	Debt	Long	Australia
AXP American Express Company	3.58 mm	3.79 mm principal	0.73	Debt	Long	USA
DFS Discover Financial Services	3.52 mm	3.69 mm principal	0.72	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	3.49 mm	3.53 mm principal	0.71	Debt	Long	USA
CFG Citizens Financial Group, Inc.	3.49 mm	3.68 mm principal	0.71	Debt	Long	USA
AerCap Ireland Capital DAC / AerCap Global Aviation Trust	3.45 mm	3.35 mm principal	0.70	Debt	Long	Ireland
PRS Prudential Financial, Inc. 5.62	3.45 mm	3.25 mm principal	0.70	Debt	Long	USA
ALLY Ally Financial Inc.	3.41 mm	4.20 mm principal	0.69	Debt	Long	USA
BCS Barclays PLC	3.39 mm	3.08 mm principal	0.69	Debt	Long	UK
C Citigroup Inc.	3.36 mm	3.38 mm principal	0.68	Debt	Long	USA
CHSCP CHS Inc.	3.35 mm	132.20 k shares	0.68	Preferred equity	Long	USA
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	3.33 mm	3.08 mm principal	0.68	Debt	Long	Spain
NextEra Energy Capital Holdings Inc	3.32 mm	3.17 mm principal	0.68	Debt	Long	USA
PRS Prudential Financial, Inc. 5.62	3.28 mm	3.40 mm principal	0.67	Debt	Long	USA
Bank of Nova Scotia/The	3.26 mm	3.09 mm principal	0.66	Debt	Long	Canada
SRE Sempra	3.22 mm	3.40 mm principal	0.66	Debt	Long	USA
FITB Fifth Third Bancorp	3.22 mm	3.27 mm principal	0.66	Debt	Long	USA
AerCap Global Aviation Trust	3.20 mm	3.20 mm principal	0.65	Debt	Long	USA
C Citigroup Inc.	3.19 mm	3.01 mm principal	0.65	Debt	Long	USA
SRE Sempra	3.18 mm	3.21 mm principal	0.65	Debt	Long	USA
Capital Farm Credit ACA	3.14 mm	3.25 mm principal	0.64	Debt	Long	USA
FITB Fifth Third Bancorp	3.12 mm	121.60 k shares	0.64	Preferred equity	Long	USA
PNC The PNC Financial Services Group, Inc.	3.06 mm	3.06 mm principal	0.62	Debt	Long	USA
VST Vistra Corp.	3.04 mm	2.85 mm principal	0.62	Debt	Long	USA
Fixed Income Clearing Corporation	2.95 mm	2.95 mm principal	0.60	Repurchase agreement	Long	USA
SBL Holdings Inc	2.94 mm	3.42 mm principal	0.60	Debt	Long	USA
ILFC E-Capital Trust I	2.93 mm	3.67 mm principal	0.60	Debt	Long	USA
C Citigroup Inc.	2.91 mm	2.88 mm principal	0.59	Debt	Long	USA
AXIS Specialty Finance LLC	2.90 mm	3.05 mm principal	0.59	Debt	Long	USA
Phoenix Group Holdings PLC	2.85 mm	2.76 mm principal	0.58	Debt	Long	UK
Enstar Group Ltd	2.82 mm	131.90 k shares	0.57	Preferred equity	Long	Bermuda
EUSHI Finance Inc	2.81 mm	2.71 mm principal	0.57	Debt	Long	USA
MET MetLife, Inc.	2.78 mm	2.00 mm principal	0.56	Debt	Long	USA
Assured Guaranty Municipal Holdings Inc	2.74 mm	3.00 mm principal	0.56	Debt	Long	USA
AL Air Lease Corporation	2.72 mm	2.90 mm principal	0.55	Debt	Long	USA
Farm Credit Bank of Texas	2.69 mm	2.57 mm principal	0.55	Debt	Long	USA
NatWest Group PLC	2.66 mm	2.63 mm principal	0.54	Debt	Long	UK
UBS Group AG	2.58 mm	2.47 mm principal	0.53	Debt	Long	Switzerland
Aegon Ltd	2.57 mm	2.60 mm principal	0.52	Debt	Long	Bermuda
BNPQF BNP Paribas SA	2.54 mm	2.43 mm principal	0.52	Debt	Long	France
RGA Reinsurance Group of America, Incorporated	2.49 mm	93.30 k shares	0.51	Preferred equity	Long	USA
CFG Citizens Financial Group, Inc.	2.48 mm	2.50 mm principal	0.51	Debt	Long	USA
RF Regions Financial Corporation	2.46 mm	2.47 mm principal	0.50	Debt	Long	USA
AEP American Electric Power Company, Inc.	2.45 mm	2.60 mm principal	0.50	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	2.45 mm	2.44 mm principal	0.50	Debt	Long	USA
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	2.41 mm	2.50 mm principal	0.49	Debt	Long	Spain
CMS-PB Consumers Energy Company	2.40 mm	2.50 mm principal	0.49	Debt	Long	USA
KIOR Kior Inc	2.38 mm	2.40 mm principal	0.48	Debt	Long	USA
ENB Enbridge Inc.	2.33 mm	2.35 mm principal	0.47	Debt	Long	Canada
BNPQF BNP Paribas SA	2.32 mm	2.15 mm principal	0.47	Debt	Long	France
AIG American International Group, Inc.	2.24 mm	2.25 mm principal	0.46	Debt	Long	USA
VST Vistra Corp.	2.23 mm	2.22 mm principal	0.45	Debt	Long	USA
BAC Bank of America Corporation	2.22 mm	2.22 mm principal	0.45	Debt	Long	USA
FITB Fifth Third Bancorp	2.22 mm	2.22 mm principal	0.45	Debt	Long	USA
PARA Paramount Global	2.20 mm	2.38 mm principal	0.45	Debt	Long	USA
CoBank ACB	2.14 mm	2.06 mm principal	0.44	Debt	Long	USA
CoBank ACB	2.13 mm	21.50 k shares	0.43	Preferred equity	Long	USA
ALLY Ally Financial Inc.	2.09 mm	2.32 mm principal	0.42	Debt	Long	USA
AL Air Lease Corporation	2.07 mm	2.10 mm principal	0.42	Debt	Long	USA
Transcanada Trust	2.06 mm	2.15 mm principal	0.42	Debt	Long	Canada
BNP Paribas SA	2.02 mm	2.00 mm principal	0.41	Debt	Long	France
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	1.98 mm	1.98 mm principal	0.40	Debt	Long	Spain
SO The Southern Company	1.96 mm	2.00 mm principal	0.40	Debt	Long	USA
BCS Barclays PLC	1.95 mm	1.96 mm principal	0.40	Debt	Long	UK
WCC WESCO International, Inc.	1.88 mm	72.30 k shares	0.38	Preferred equity	Long	USA
BAC Bank of America Corporation	1.80 mm	1.78 mm principal	0.37	Debt	Long	USA
Deutsche Bank AG	1.80 mm	1.80 mm principal	0.37	Debt	Long	Germany
Societe Generale SA	1.76 mm	1.68 mm principal	0.36	Debt	Long	France
Deutsche Bank AG	1.75 mm	1.80 mm principal	0.36	Debt	Long	Germany
SCBFY Standard Chartered PLC	1.75 mm	1.70 mm principal	0.36	Debt	Long	UK
DFS Discover Financial Services	1.74 mm	1.75 mm principal	0.35	Debt	Long	USA
C Citigroup Inc.	1.73 mm	1.65 mm principal	0.35	Debt	Long	USA
Banco Santander SA	1.71 mm	1.80 mm principal	0.35	Debt	Long	Spain
AES The AES Corporation	1.69 mm	1.64 mm principal	0.34	Debt	Long	USA
AES Andes SA	1.69 mm	1.70 mm principal	0.34	Debt	Long	Chile
KEY KeyCorp	1.69 mm	1.76 mm principal	0.34	Debt	Long	USA
ET Energy Transfer LP	1.66 mm	1.57 mm principal	0.34	Debt	Long	USA
VST Vistra Corp.	1.60 mm	1.56 mm principal	0.33	Debt	Long	USA
KEY KeyCorp	1.60 mm	62.70 k shares	0.32	Preferred equity	Long	USA
Banco Mercantil del Norte SA/Grand Cayman	1.58 mm	1.60 mm principal	0.32	Debt	Long	Mexico
Nordea Bank Abp	1.57 mm	1.56 mm principal	0.32	Debt	Long	Finland
DUK Duke Energy Corporation	1.56 mm	1.54 mm principal	0.32	Debt	Long	USA
Bank of Montreal	1.54 mm	1.47 mm principal	0.31	Debt	Long	Canada
Nordea Bank Abp	1.52 mm	1.59 mm principal	0.31	Debt	Long	Finland
Macquarie Bank Ltd/London	1.51 mm	1.50 mm principal	0.31	Debt	Long	Australia
Societe Generale SA	1.51 mm	1.49 mm principal	0.31	Debt	Long	France
BNPQF BNP Paribas SA	1.51 mm	1.51 mm principal	0.31	Debt	Long	France
Transcanada Trust	1.49 mm	1.50 mm principal	0.30	Debt	Long	Canada
EIX Edison International	1.43 mm	1.45 mm principal	0.29	Debt	Long	USA
Transcanada Trust	1.40 mm	1.46 mm principal	0.29	Debt	Long	Canada
AES Andes SA	1.33 mm	1.30 mm principal	0.27	Debt	Long	Chile
ATGFF AltaGas Ltd.	1.31 mm	1.30 mm principal	0.27	Debt	Long	Canada
Bank of Montreal	1.26 mm	1.21 mm principal	0.26	Debt	Long	Canada
ZION Zions Bancorporation, National Association	1.19 mm	1.20 mm principal	0.24	Debt	Long	USA
Credit Suisse Group AG	1.06 mm	9.00 mm principal	0.22	Debt	Long	Switzerland
PCG PG&E Corporation	1.01 mm	982.00 k principal	0.21	Debt	Long	USA
Australia & New Zealand Banking Group Ltd/United Kingdom	1.01 mm	1.00 mm principal	0.21	Debt	Long	Australia
Enstar Finance LLC	982.96 k	1.00 mm principal	0.20	Debt	Long	USA
HSBC HSBC Holdings plc	971.21 k	975.00 k principal	0.20	Debt	Long	UK
Societe Generale SA	770.12 k	770.00 k principal	0.16	Debt	Long	France
SCBFY Standard Chartered PLC	753.52 k	755.00 k principal	0.15	Debt	Long	UK
Lloyds Banking Group PLC	751.79 k	784.00 k principal	0.15	Debt	Long	UK
ET Energy Transfer LP	744.93 k	761.00 k principal	0.15	Debt	Long	USA
Banco Mercantil del Norte SA/Grand Cayman	703.20 k	715.00 k principal	0.14	Debt	Long	Mexico
Credit Suisse Group AG	687.38 k	5.85 mm principal	0.14	Debt	Long	Switzerland
Dairy Farmers of America Inc	417.38 k	4.40 k shares	0.08	Preferred equity	Long	USA
Credit Suisse Group AG	390.69 k	3.33 mm principal	0.08	Debt	Long	Switzerland
Compeer Financial ACA	336.00 k	350.00 k principal	0.07	Debt	Long	USA
ING Groep NV	331.21 k	335.00 k principal	0.07	Debt	Long	Netherlands
Credit Suisse Group AG	289.05 k	2.46 mm principal	0.06	Debt	Long	Switzerland
Farm Credit Bank of Texas	49.50 k	50.00 k principal	0.01	Debt	Long	USA
Farm Credit Bank of Texas	49.25 k	50.00 k principal	0.01	Debt	Long	USA
Royal Bank of Canada	-27.59 mm	-27.59 mm principal	-5.61	Repurchase agreement	Short	Canada