

Nuveen Preferred and Income ETF (NASDAQ: NPFI - Get Free Report)'s stock price fell 0% during trading on Wednesday. The stock traded as low as $25.95 and last traded at $25.97. 9,070 shares were traded during trading, a decline of 61% from the average session volume of 23,297 shares. The stock had previously closed at
Fast-tracking mega IPOs into major indexes and the case for active preferred ETFs were both on the agenda for this week's ETF Prime. Host Nate Geraci welcomed Rich Lee, head of program trading and execution strategy at Baird, and Douglas Baker, portfolio manager and head of preferred securities at Nuveen.

Nuveen Preferred and Income ETF (NASDAQ: NPFI - Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 80,316 shares, an increase of 2,622.6% from the March 31st total of 2,950 shares. Approximately 1.4% of the shares of the

Nuveen Preferred and Income ETF offers institutional preferred exposure with active management, global diversification, and a high investment-grade allocation. NPFI's portfolio is roughly 81% investment grade, with significant exposure to global systemically important banks and a unique 51.5% non-US issuer mix. Risk-adjusted returns have outperformed peers: 2025 return of +9.21%, Sharpe ratio of 2.17, and annualized volatility around 3.3%.

NPFI: Low-Volatility Preferred ETF

As of late May, actively managed fixed income ETFs had already gathered $35 billion. This was equal to a 38% share of the category's net inflows for the year.
SEC filings for NPFI aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.