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Nuveen Variable Rate Preferred&Income (Nuveen Variable Rate Preferred&Income) Total Assets : $752.86 Mil (As of Jan. 2024)


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What is Nuveen Variable Rate Preferred&Income Total Assets?

Nuveen Variable Rate Preferred&Income's Total Assets for the quarter that ended in Jan. 2024 was $752.86 Mil.

During the past 12 months, Nuveen Variable Rate Preferred&Income's average Total Assets Growth Rate was -4.70% per year.

Total Assets is connected with ROA %. Nuveen Variable Rate Preferred&Income's annualized ROA % for the quarter that ended in Jan. 2024 was 10.13%. Total Assets is also linked to Revenue through Asset Turnover. Nuveen Variable Rate Preferred&Income's Asset Turnover for the quarter that ended in Jan. 2024 was 0.05.


Nuveen Variable Rate Preferred&Income Total Assets Historical Data

The historical data trend for Nuveen Variable Rate Preferred&Income's Total Assets 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 Total Assets Chart

Nuveen Variable Rate Preferred&Income Annual Data
Trend Jul22 Jul23
Total Assets
807.36 720.55

Nuveen Variable Rate Preferred&Income Semi-Annual Data
Jan22 Jul22 Jan23 Jul23 Jan24
Total Assets 918.28 807.36 790.36 720.55 752.86

Nuveen Variable Rate Preferred&Income Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Nuveen Variable Rate Preferred&Income's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=453.637+266.91
=720.55

Nuveen Variable Rate Preferred&Income's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=478.063+274.796
=752.86

* 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.


Nuveen Variable Rate Preferred&Income  (NYSE:NPFD) Total Assets Explanation

Total Assets is connected with ROA %.

Nuveen Variable Rate Preferred&Income's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=74.612/( (720.547+752.859)/ 2 )
=74.612/736.703
=10.13 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Nuveen Variable Rate Preferred&Income's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=37.98/( (720.547+752.859)/ 2 )
=37.98/736.703
=0.05

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Nuveen Variable Rate Preferred&Income Total Assets Related Terms

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Nuveen Variable Rate Preferred&Income (Nuveen Variable Rate Preferred&Income) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
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 (Nuveen Variable Rate Preferred&Income) Headlines