Trend Table for NPFD - Nuveen Variable Rate Preferred & Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	A	Strong	Up	Up	Up	12.66%
May 17	A	Strong	Up	Up	Up	12.66%
May 16	A	Strong	Up	Up	Up	13.36%
May 15	B	Weak or Absent	Up	Up	Up	13.23%
May 14	B	Weak or Absent	Up	Up	Up	14.13%
May 13	A	Weak or Absent	Up	Up	Up	14.71%
May 10	B	Weak or Absent	Up	Up	Up	15.14%
May 9	A	Weak or Absent	Up	Up	Up	14.91%
May 8	C	Weak or Absent	Up	Up	Up	15.47%
May 7	B	Weak or Absent	Up	Up	Up	14.91%