Intrinsiqs

Is Nuveen Variable Rate Preferred & Income Fund overvalued?

Nuveen Variable Rate Preferred & Income Fund (NPFD) — key valuation metrics and fundamentals.

No verdict
Price
$18.85
Fair value
Current P/E
Normal P/E
Market cap
$455.5M
Dividend yield
10.3%
Return on equity
9.7%
Sector
Financial Services

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Fair value compares NPFD's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.