NPFD (Nuveen Variable Rate Preferred&Income) Financial Strength: 4 (As of Jan. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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NPFD Nuveen Variable Rate Preferred&Income NPFD
32 GF Score
Price $18.18
! 5 Warning Signs
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What is Nuveen Variable Rate Preferred&Income Financial Strength?

Nuveen Variable Rate Preferred&Income NPFD -0.44% 32 Financial Strength is 4 as of Jan. 2026, which is at its 10-year median of 4.00. GuruFocus rates NPFD with a GF Score™ of 32/100. The stock has 5 warning signs investors should review.

Nuveen Variable Rate Preferred&Income has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Nuveen Variable Rate Preferred&Income's interest coverage with the available data. Nuveen Variable Rate Preferred&Income's debt to revenue ratio for the quarter that ended in Jan. 2026 was 3.23. Altman Z-Score does not apply to banks and insurance companies.


Nuveen Variable Rate Preferred&Income  (NYSE:NPFD) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Nuveen Variable Rate Preferred&Income has the Financial Strength Rank of 4.


Nuveen Variable Rate Preferred&Income Financial Strength Related Terms

NPFD
32GF Score
Nuveen Variable Rate Preferred&Income NPFD
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Variable Rate Preferred&Income Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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 Interest Expense for the months ended in Jan. 2026 was $-6.53 Mil. Its Operating Income for the months ended in Jan. 2026 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $189.10 Mil.

Nuveen Variable Rate Preferred&Income's Interest Coverage for the quarter that ended in Jan. 2026 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Nuveen Variable Rate Preferred&Income's Debt to Revenue Ratio for the quarter that ended in Jan. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 189.102) / 58.594
=3.23

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 4 mean?
Nuveen Variable Rate Preferred&Income (NPFD) has a Financial Strength of 4 as of Jan. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. This is near median its historical median of 4.00. Over the past decade, Nuveen Variable Rate Preferred&Income's Financial Strength has ranged from 3.00 to 6.00.
Is Nuveen Variable Rate Preferred&Income's Financial Strength too high?
Nuveen Variable Rate Preferred&Income's current Financial Strength of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. Overall, Nuveen Variable Rate Preferred&Income has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Variable Rate Preferred&Income's Financial Strength compare to NBB and FFA?
Nuveen Variable Rate Preferred&Income's Financial Strength of 4 can be compared against companies in the Asset Management industry. Historically, Nuveen Variable Rate Preferred&Income's own Financial Strength has ranged from 3.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Asset Management company?
A good Financial Strength depends on the Asset Management industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. Nuveen Variable Rate Preferred&Income's current Financial Strength is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Variable Rate Preferred&Income stock overvalued right now?
Nuveen Variable Rate Preferred&Income (NPFD) has a current Financial Strength of 4. The current Financial Strength is 4, which is near median its 10-year median of 4.00. Nuveen Variable Rate Preferred&Income's overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Nuveen Variable Rate Preferred&Income (NPFD), the current Financial Strength is 4 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nuveen Variable Rate Preferred&Income Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Variable Rate Preferred&Income is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The fund invests a majority of its assets in variable-rate preferred securities and other variable-rate income-producing securities. The rest of its investments can be made in contingent capital securities or contingent convertible securities, convertible securities, corporate debt securities, U.S. government securities, residential and commercial mortgage-backed securities, fixed-rate preferred securities, senior loans and loan participations and assignments, sovereign debt instruments, debt securities issued by supranational agencies, and/or taxable and tax-exempt municipal bonds.
32GF Score

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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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