Key stats
About Nuveen Preferred and Income ETF
Home page
Inception date
Mar 5, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Nuveen Fund Advisors LLC
Distributor
Nuveen Securities LLC
ISIN
US67092P7713
NPFI offers niche exposure to preferred securities and other income-producing securities. It may invest in all types of preferreds, including perpetual preferred and hybrid securities, although it primarily focuses on preferreds catered to institutional investors. These institutional securities or $1,000 par preferred securities are issued in large lot sizes by financial services firms, typically over-the-counter. The fund may also invest in other income-producing securities, such as CoCos and convertibles. The fund primarily holds investment grade securities, capping high-yield exposure to 20%. The fund expects to have significant exposure to the financial services sector. It typically allocates at least 40% in USD-denominated securities issued by non-US companies. The fund adviser looks for the most attractive mix of value, considering several factors including credit risk, diversification, preferred sub-market analysis, call protection, and yield curve analysis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.44%
Structured0.75%
Government0.56%
Cash−0.75%
Stock breakdown by region
North America61.97%
Europe37.72%
Asia0.31%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NPFI invests in bonds. The fund's major sectors are Corporate, with 99.44% stocks, and Government, with 0.56% of the basket. The assets are mostly located in the North America region.
NPFI last dividends amounted to 0.13 USD. The month before, the issuer paid 0.14 USD in dividends, which shows a 2.42% decrease.
NPFI assets under management is 64.53 M USD. It's risen 12.61% over the last month.
NPFI fund flows account for 23.34 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NPFI pays dividends to its holders with the dividend yield of 5.75%. The last dividend (Oct 2, 2025) amounted to 0.13 USD. The dividends are paid monthly.
NPFI shares are issued by TIAA Board of Governors under the brand Nuveen. The ETF was launched on Mar 5, 2024, and its management style is Active.
NPFI expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
NPFI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NPFI invests in bonds.
NPFI price has risen by 0.94% over the last month, and its yearly performance shows a 1.56% increase. See more dynamics on NPFI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.68% over the last month, showed a 3.02% increase in three-month performance and has increased by 7.86% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.68% over the last month, showed a 3.02% increase in three-month performance and has increased by 7.86% in a year.
NPFI trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.