Nuveen Variable Rate Preferred & Income Fund (NPFD) — Defensive Interval Ratio
Nuveen Variable Rate Preferred & Income Fund (NPFD) has a Defensive Interval Ratio of 111 days as of July 2025. Defensive assets of $10.54 Million (cash $-, short-term investments $-, receivables $10.54 Million) cover 111 days of daily cash needs of $94.76K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Nuveen Variable Rate Preferred & Income Fund Defensive Interval Ratio (2022–2025)
This chart shows how Nuveen Variable Rate Preferred & Income Fund's Defensive Interval Ratio has evolved across 4 annual periods from 2022 to 2025. As of July 2025, the ratio stands at 111 days, meaning defensive assets of $10.54 Million can fund 111 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Nuveen Variable Rate Preferred & Income .
Annual Defensive Interval Ratio for Nuveen Variable Rate Preferred & Income Fund (2022–2025)
The table below presents the year-by-year Defensive Interval Ratio for Nuveen Variable Rate Preferred & Income Fund from 2022 to 2025, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Nuveen Variable Rate Preferred & Income working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 111 days | $10.54 Million | $94.76K/day | $- | $- | ▼ -4604 days |
| 2024 | 4715 days | $367.59 Million | $77.95K/day | $- | $357.42 Million | ▲ +3101 days |
| 2023 | 1614 days | $12.00 Million | $7.43K/day | $- | $- | ▲ +1580 days |
| 2022 | 34 days | $10.22 Million | $301.17K/day | $- | $- | — |