Nuveen Preferred and Income
$25.49−0.09 (−0.35%)
- Expense ratio
- 0.56%
- Fund size
- $175M
- 1Y return
- +3.0%
- Yield · Last 12 months
- 6.56%
- Holdings
- 166
- Volume · 30D
- 0M sh
- NAV per share
- $25.61
- 52W range
The ETF.net NPFI Grade
Score 51 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 38Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 65Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 68Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 40Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 41Category rank
Our read on NPFI
CA preferred-securities income fund wearing a financials jersey. Nuveen's ETF seeks high current income plus total return from roughly 160 preferreds and other income payers, and pays monthly.
The Fund seeks a high level of current income together with total return.
Why people hold it
- Income-first mandate: a high level of current income together with total return, paid out monthly rather than quarterly.
- Owns preferred securities, not bank common stock like XLF or VFH, so it acts as an income sleeve rather than a sector-earnings bet.
- Spread across roughly 160 income-producing positions, so no single issuer's coupon runs the show.
Worth knowing
- At 0.56% a year it costs more than the typical fund in its financials cohort, and many times index peers like XLF (0.08%) or VFH (0.09%).
- A small fund that trades lightly, so bid-ask spreads can run wider than on the cohort's giants.
- Launched in 2024, so the track record is short, and it sits in the lower tier of its financials cohort on cost and trading friction.
NPFI Holdings
- Bonds
- 166
- 28%
- BNP PARIB VRN 12/31/99
Geography
- United States45.34%
- United Kingdom13.70%
- Canada13.47%
- France9.12%
- Spain5.78%
- Switzerland4.29%
- Bermuda2.18%
- Netherlands1.77%
- 4.34%
Developed 96% · Emerging 4%
NPFI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NPFI |
|---|---|
| Year to date | +1.6% |
| 1 month | −0.6% |
| 3 months | −0.2% |
| 1 year | +3.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NPFI |
|---|---|---|
| 2026 YTD | +1.6% | |
| 2025 | +9.2% | |
| 2024 | +6.4% |
NPFI in the news
ETF.net Research hasn’t filed on NPFI yet — coverage lands here as it’s written.
NPFI Dividends
- 6.56%
- $1.68
- $0.14 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 2, 2026 | $0.14 |
| Aug 3, 2026 | Aug 4, 2026 | $0.13 |
| Jul 1, 2026 | Jul 2, 2026 | $0.14 |
| Jun 1, 2026 | Jun 2, 2026 | $0.12 |
| May 1, 2026 | May 4, 2026 | $0.13 |
| Apr 1, 2026 | Apr 2, 2026 | $0.13 |
| Mar 2, 2026 | Mar 3, 2026 | $0.12 |
| Feb 2, 2026 | Feb 3, 2026 | $0.13 |
| Dec 18, 2025 | Dec 19, 2025 | $0.24 |
| Dec 1, 2025 | Dec 2, 2025 | $0.13 |
| Nov 3, 2025 | Nov 4, 2025 | $0.13 |
| Oct 1, 2025 | Oct 2, 2025 | $0.13 |
NPFI Risk
- 3.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.78
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −3.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NPFI Cost
- The middle half of Preferred Securities funds
- Median 0.50%
19 of the 31 Preferred Securities funds charge less.