Nuveen Preferred and Income
NPFI
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 730 Third Avenue New York NY United States of America 10017
- IPO Date
- Mar 7, 2024
- Website
- nuveen.com
- Similar Companies
- Business
- Nuveen Preferred and Income ETF (NPFI) is an actively managed exchange-traded fund that seeks a high level of current income and total return by investing under normal market conditions at least 80% of its net assets in preferred securities and other income-producing securities, including corporate bonds, hybrid securities, and convertible securities primarily rated investment grade. The fund's portfolio emphasizes institutional preferred securities and broad credit fixed income, with top holdings such as Assurant Inc. 7%, AerCap Ireland Capital DAC / AerCap Global Aviation Trust, UBS Group AG, Enbridge Inc., and EUSHI Finance Inc. 7.625%, representing diversified exposure across corporate bonds (60.75%), preferred stock (33.95%), non-U.S. bonds (45.62%), and U.S. bonds (12.92%). It targets income-focused investors in the preferred stock and fixed income segments, with shares listed on NASDAQ and available for sale in the United States. Launched on March 5, 2024, the ETF is managed by Douglas Baker and Brenda Langenfeld and domiciled in the United States, sponsored by Nuveen, a leading asset manager headquartered at 333 West Wacker Drive, Chicago, Illinois. The fund maintains a net expense ratio of 0.55%, total net assets of approximately $61.14 million, and a distribution rate calculated by annualizing recent regular distributions divided by NAV, with a recent SEC 30-day yield of 5.52% as of December 15, 2025. No major acquisitions, funding rounds, partnerships, or strategic shifts specific to NPFI have been reported in the last 1-2 years, as the fund remains a relatively new offering focused on its core preferred and income strategy amid Nuveen's broader closed-end fund activities.