NPFD (Nuveen Variable Rate Preferred&Income) Interest Expense : $-15.12 Mil (TTM As of Jan. 2024)

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What is Nuveen Variable Rate Preferred&Income Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nuveen Variable Rate Preferred&Income's interest expense for the six months ended in Jan. 2024 was $ -7.99 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-15.12 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Nuveen Variable Rate Preferred&Income's Operating Income for the six months ended in Jan. 2024 was $ Mil. Nuveen Variable Rate Preferred&Income's Interest Expense for the six months ended in Jan. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nuveen Variable Rate Preferred&Income Interest Expense Historical Data

The historical data trend for Nuveen Variable Rate Preferred&Income's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuveen Variable Rate Preferred&Income Interest Expense Chart

Nuveen Variable Rate Preferred&Income Annual Data

Trend

Jul22

Jul23

Interest Expense

-2.46

-12.90

Nuveen Variable Rate Preferred&Income Semi-Annual Data
	Jan22	Jul22	Jan23	Jul23	Jan24
Interest Expense	-0.16	-2.30	-5.77	-7.13	-7.99

Nuveen Variable Rate Preferred&Income Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-15.12 Mil.

Nuveen Variable Rate Preferred&Income Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Variable Rate Preferred&Income (NYSE:NPFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.nuveen.com

Nuveen Variable Rate Preferred&Income is a newly organized, diversified, closed-end management investment company. The Fund's investment objective is to seek to provide a high level of current income and total return.

Executives

Brenda A. Langenfeld	other: Portfolio Manager	C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 2900, CHICAGO IL 60606
Trey Iii Stenersen	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black	officer: Chief Compliance Officer	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Margaret L. Wolff	other: Trustee	C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r.	other: Trustee	333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero	other: Trustee	333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Douglas M. Baker	other: Portfolio Manager	C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Huffman William T. Jr.	officer: President NAM	C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606
Kevin J Mccarthy	officer: Vice President	C/O NUVEEN INVESTMENTS, 333 WEST WACKER DRIVE, CHICAGO IL 60606
Carole E Stone	other: Trustee	2169 ROWLEY ROAD, MALTA NY 12020
William Curt Hunter	other: Trustee
Gifford R Zimmerman	officer: Chief Compliance Officer & VP	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Judith M Stockdale	other: Trustee	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
John Kevin Nelson	other: Trustee	C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606

Nuveen Variable Rate Preferred&Income Headlines

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