Nuveen Variable Rate Preferred & Income Fund (NPFD) — Financial Flexibility Index

Latest as of July 2025: 0.19x

Nuveen Variable Rate Preferred & Income Fund (NPFD) has a Financial Flexibility Index of 0.19x as of July 2025. Free cash flow of $54.61 Million (operating CF $54.61 Million minus capex $0.00) represents 0% of total liabilities ($280.45 Million). Check NPFD cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.19x
Free Cash Flow / Total Liabilities

Free Cash Flow

$54.61 Million
Operating CF − Capex

Total Liabilities

$280.45 Million
USD

Capital Expenditures

$0.00
USD

Nuveen Variable Rate Preferred & Income Fund Financial Flexibility Index (2022–2025)

Historical Financial Flexibility Index trend for Nuveen Variable Rate Preferred & Income Fund across 4 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Nuveen Variable Rate Preferred & Income .

Annual Financial Flexibility Index for Nuveen Variable Rate Preferred & Income Fund (2022–2025)

Year-by-year free cash flow to debt coverage for Nuveen Variable Rate Preferred & Income Fund. Explore Nuveen Variable Rate Preferred & Income cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.19x $54.61 Million $54.61 Million $280.45 Million ▲ +281.6%
2024 0.05x $14.66 Million $14.66 Million $287.26 Million ▼ -77.3%
2023 0.22x $59.92 Million $59.92 Million $266.91 Million ▲ +107.6%
2022 -2.94x $-878.74 Million $-878.74 Million $298.53 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities