NPFD - Dividend announcements

Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. The Nuveen Variable Rate Preferred & Income Fund (NYSE:NPFD) has announced a distribution rate increase of approximately 28% and Nuveen Core Plus Impact Fund (NYSE:NPCT) has announced a distribution rate increase of approximately 10% to deliver higher monthly cash flows to shareholders. These changes are intended to help

Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under "Monthly & Quarterly Distributions" for The Nuveen Preferred & Income Opportunities Fund (NYSE:JPC), Nuveen Preferred and Income Term Fund (NYSE:JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE:NPFD), Nuveen Taxable Municipal Income Fund (NYSE:NBB), Nuveen Real Asset Income and Growth Fund (NYSE:JRI), Nuveen Dynamic Municipal Opportunities Fund (NYSE:NDMO), Nuveen Core Plus Impact Fund (NYSE:NPCT) and Nuveen Multi-Asset Income Fund (NYSE:NMAI).

The Nuveen Variable Rate Preferred & Income Fund (NYSE:NPFD) declared its initial monthly distribution of $0.1380 per share. The fund began trading on the NYSE on December 16, 2021. The following dates apply to today's monthly distribution declaration: Record Date February 15, 2022 Ex-Dividend Date February 14, 2022 Payable Date March 1, 2022 Ticker   Exchange   Fund Name   Monthly Distribution Amount Per Share   Distribution Rate on $25 IPO Price NPFD   NYSE   Nuveen Variable Rate Preferred & Income Fund   $0.1380 6.62% For an update on the Fund's current portfolio positioning please see the NP