NPFI – Nuveen Preferred and Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide a high level of current income and total return. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to pursue its investment objective by investing, under normal market conditions, at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in preferred securities and other income producing securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NPFI	Nuveen Preferred And Income ETF	ETF	Open	—		Mar 5, 2024	$158.95M	0.560%	—	—	$97.82M

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