Thomas J. Herzfeld Advisors’s Nuveen Variable Rate Preferred & Income Fund NPFD Stock Holding History

Thomas J. Herzfeld Advisors’s Portfolio NPFD Stock Details NPFD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-261,335	Closed	-$5.22M	–	115
2025 Q3	$5.22M	Sell	261,335 -46,150	-15%	-$899K	1.79%	19
2025 Q2	$5.93M	Sell	307,485 -102,604	-25%	-$1.91M	2.11%	13
2025 Q1	$7.7M	Sell	410,089 -230,044	-36%	-$4.35M	2.62%	10
2024 Q4	$11.7M	Buy	640,133 +5,164	+0.8%	+$97.8K	3.74%	5
2024 Q3	$12M	Buy	634,969 +44,305	+8%	+$828K	4.01%	4
2024 Q2	$10.9M	Buy	590,664 +428,277	+264%	+$7.52M	3.81%	4
2024 Q1	$2.91M	Buy	162,387 +135,750	+510%	+$2.34M	1.03%	26
2023 Q4	$433K	Buy	+26,637	New	+$416K	0.16%	71

Other funds holding NPFD

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

PCM

Penserra Capital Management Orinda, California $8.52B AUM 37.76% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $109B AUM 21.36% 1-Year Est. Return

Thomas J. Herzfeld Advisors's NPFD Position: Q4 2025 in Review

Thomas J. Herzfeld Advisors sold out of Nuveen Variable Rate Preferred & Income Fund (NPFD) in Q4 2025, closing a stake of 261,335 shares — an estimated $5.22M sold.

Thomas J. Herzfeld Advisors first reported a position in NPFD in Q4 2023 and held it in 8 quarters. The position peaked at $12M in Q3 2024. 48 funds tracked by Wall St. Rank hold NPFD as of Q4 2025.

Thomas J. Herzfeld Advisors reported no remaining Nuveen Variable Rate Preferred & Income Fund position as of Q4 2025 after selling out during the quarter.
Thomas J. Herzfeld Advisors sold 261,335 Nuveen Variable Rate Preferred & Income Fund shares in Q4 2025, an estimated $5.22M.
Thomas J. Herzfeld Advisors first reported a position in Nuveen Variable Rate Preferred & Income Fund in Q4 2023 and held it in 8 quarters.
Thomas J. Herzfeld Advisors's Nuveen Variable Rate Preferred & Income Fund position peaked at $12M in Q3 2024.
48 funds tracked by Wall St. Rank held Nuveen Variable Rate Preferred & Income Fund as of Q4 2025.

Based on Thomas J. Herzfeld Advisors's 13F filing for Q4 2025, filed 13 Feb 2026.