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
Aug 1	A	Weak or Absent	Up	Up	Up	5.23%
Jul 31	A	Weak or Absent	Up	Up	Up	4.84%
Jul 30	A	Weak or Absent	Up	Up	Up	5.12%
Jul 29	A	Weak or Absent	Up	Up	Up	5.29%
Jul 26	A	Weak or Absent	Up	Up	Up	4.56%
Jul 25	A	Weak or Absent	Up	Up	Up	5.07%
Jul 24	A	Strong	Up	Up	Flat	6.26%
Jul 23	A	Strong	Up	Up	Up	5.80%
Jul 22	C	Strong	Up	Up	Flat	7.00%
Jul 19	C	Strong	Up	Up	Down	8.72%