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Moody's assigns A1 rating to preferred shares issued by Nuveen Variabl...

Moody's Investors Service ("Moody's") has assigned an A1 long-term rating and P-1 short-term rating to preferred shares that will be issued by Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD). Launched in 2021, the closed-end fund seeks to provide high current income and total return by i...

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