Performance analysis of Nuveen Variable Rate Preferred & Income Fund (NPFD)
Annual Return
Over the past 3 years, NPFD has had an average annual return of +15.45%, underperforming the benchmark SPY, which returned +19.62% annual.
Since Dec 16, 2021, NPFD has had an average annual return of +2.28%, underperforming the benchmark SPY, which returned +12.40% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +3.51% | +15.90% | +23.48% | -1.15% | -25.30% | +1.40% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.87% | +2.20% | -7.07% | +7.22% | -0.43% | -0.43% | -0.34% | +3.51% | |||||
| 2025 | +6.10% | -0.54% | +0.20% | -0.03% | +2.35% | +3.13% | +1.76% | +1.86% | +2.50% | +0.64% | -0.20% | -2.66% | +15.90% |
| 2024 | +6.76% | +2.21% | +2.97% | -4.41% | +4.29% | +5.36% | +3.20% | +1.82% | +0.73% | +0.03% | +3.64% | -4.67% | +23.48% |
| 2023 | +8.32% | -4.55% | -11.34% | +0.42% | -2.39% | +1.41% | +6.45% | -1.36% | -2.03% | -4.24% | +7.82% | +2.14% | -1.15% |
| 2022 | -2.25% | -10.39% | +4.78% | -12.67% | -1.53% | -4.90% | +9.34% | -3.11% | -8.49% | -1.73% | +4.18% | +0.28% | -25.30% |
| 2021 | +1.40% | +1.40% |
Drawdown analysis of Nuveen Variable Rate Preferred & Income Fund (NPFD)
The maximum drawdown for the NPFD was -39.16%, occurring on May 12, 2023. Recovery took 572 trading sessions.
The current NPFD drawdown is -2.00%.
Since Dec 16, 2021 NPFD has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.16% | Jan 13, 2022 | 333 | May 12, 2023 | 572 | Aug 25, 2025 | 905 |
| -9.89% | Feb 19, 2026 | 27 | Mar 30, 2026 | Ongoing | Ongoing | Ongoing |
| -3.38% | Oct 20, 2025 | 23 | Nov 20, 2025 | 48 | Feb 2, 2026 | 71 |
| -2.00% | Sep 24, 2025 | 2 | Sep 26, 2025 | 13 | Oct 15, 2025 | 15 |
| -0.76% | Feb 11, 2026 | 1 | Feb 12, 2026 | 2 | Feb 17, 2026 | 3 |
| -0.63% | Dec 31, 2021 | 3 | Jan 5, 2022 | 1 | Jan 6, 2022 | 4 |
| -0.50% | Sep 2, 2025 | 7 | Sep 11, 2025 | 2 | Sep 15, 2025 | 9 |
| -0.45% | Feb 5, 2026 | 1 | Feb 6, 2026 | 3 | Feb 11, 2026 | 4 |
| -0.40% | Oct 15, 2025 | 1 | Oct 16, 2025 | 2 | Oct 20, 2025 | 3 |
| -0.39% | Jan 6, 2022 | 1 | Jan 7, 2022 | 1 | Jan 10, 2022 | 2 |
| -0.28% | Dec 23, 2021 | 1 | Dec 27, 2021 | 3 | Dec 30, 2021 | 4 |
| -0.20% | Aug 26, 2025 | 1 | Aug 27, 2025 | 2 | Aug 29, 2025 | 3 |
| -0.15% | Sep 18, 2025 | 1 | Sep 19, 2025 | 1 | Sep 22, 2025 | 2 |
| -0.04% | Dec 17, 2021 | 1 | Dec 20, 2021 | 1 | Dec 21, 2021 | 2 |
| -0.04% | Dec 21, 2021 | 1 | Dec 22, 2021 | 1 | Dec 23, 2021 | 2 |
| -0.04% | Jan 10, 2022 | 1 | Jan 11, 2022 | 1 | Jan 12, 2022 | 2 |