Nuveen Variable Rate Preferred & Income Fund (NPFD) Total Return Calculator
$10,000 since Dec 2021, with and without reinvesting · data through Oct 2026
Since Dec 2021, $10,000 became $10,242 reinvested (0.5% a year), or $9,796 taking the dividends as cash, $3,109 of it paid out along the way.
NPFD became
$10,242
S&P 500: $16,952
Return a year
0.5%
S&P 500: 11.5%
Payouts reinvested
$3,869
bought more shares
Worst drop
-32.9%
S&P 500: -23.9%
$10,000, Dec 2021 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | NPFD total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −3.1% | $900 | +11.7% |
| 2025 | +15.9% | $1,063 | +17.7% |
| 2024 | +23.6% | $845 | +24.9% |
| 2023 | −1.1% | $471 | +26.2% |
| 2022 | −25.3% | $590 | −18.2% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: NPFD total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Nuveen Variable Rate Preferred & Income Fund (NPFD) at the end of Dec 2021, with dividends reinvested, was worth $10,242 at the end of Oct 2026: 0.5% a year, against $16,952 (11.5% a year) in the S&P 500.
- Taking NPFD's dividends as cash instead of reinvesting them, the same $10,000 ended at $9,796, including $3,109 of cash received; reinvesting added $446.
- NPFD's best calendar year in that time was 2024 (23.6%) and its worst 2022 (-25.3%), with dividends reinvested.
Cite this page
SmarterDividends, "Nuveen Variable Rate Preferred & Income Fund (NPFD) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NPFD/total-return
NPFD total return questions
What is NPFD's total return since Dec 2021?
2% in total, or 0.5% a year, through Oct 2026 with dividends reinvested. The share price alone fell 33%.
How much of NPFD's return came from dividends?
About 100% of its yearly return since Dec 2021. Reinvesting them, rather than taking cash, left you $446 better off on a $10,000 start.
What was NPFD's worst year?
2022, at -25.3% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -32.9%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.