Nuveen Variable Rate Preferred & Income Fund : Closed-End Funds Declare Distributions - May 1, 2024

Nuveen Closed-End Funds Declare Distributions

NEW YORK, May 1, 2024 - Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef.

Shareholders can expect regular distribution information to be posted on www.nuveen.comon the first business day of each month. To ensure that our shareholders have access to the latest information, timely distribution and fund updates can be subscribed to at www.nuveen.com/subscriptions, under the closed- end funds tab of the Product Documents section. You can also follow updates by navigating to the Closed- End Fund section of our Resource Center, located at www.nuveen.com/resource-center.

Monthly Distributions

The funds listed in the tables below have adopted a policy to make regular monthly or quarterly cash distributions to holders of its common shares (stated in terms of a fixed cents per common share dividend distribution rate which may be set from time to time). Each Fund intends to distribute all or substantially all of its net investment income each year through its regular monthly or quarterly distribution and to distribute realized capital gains at least annually. In addition, in any monthly or quarterly period, to maintain its declared per common share distribution amount, each Fund may distribute more or less than its net investment income during the period. In the event a Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. To the extent that a distribution includes a return of capital the NAV per share may erode. If a distribution includes anything other than net investment income, the fund provides a notice of the best estimate of its distribution sources at the time of the distribution which may be viewed at www.nuveen.com/CEFdistributions. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholders' 1099-DIV forms after the end of the year.

You should not draw any conclusions about the Fund's investment performance from the amount of the distribution. A distribution including return of capital does not necessarily reflect a Fund's investment performance and should not be confused with "yield" or "income."

The following dates apply to today's monthly distribution declarations for the following tax-exemptclosed-end funds:

Record Date	May 15, 2024
Ex-Dividend Date	May 14, 2024
Payable Date	June 3, 2024

	Monthly Distribution
	Per Share
		Change from
		Previous
Ticker** Exchange Fund Name	Amount	Month

National Municipal

NXP	NYSE	Nuveen Select Tax-Free Income Portfolio	$0.0485
NUV	NYSE	Nuveen Municipal Value Fund, Inc.	$0.0290
NUW	NYSE	Nuveen AMT-Free Municipal Value Fund	$0.0425
NMI	NYSE	Nuveen Municipal Income Fund, Inc.	$0.0360
NIM	NYSE	Nuveen Select Maturities Municipal Fund	$0.0260
NZF	NYSE	Nuveen Municipal Credit Income Fund	$0.0575
NMZ	NYSE	Nuveen Municipal High Income Opportunity Fund	$0.0475
NAD	NYSE	Nuveen Quality Municipal Income Fund	$0.0520
NEA	NYSE	Nuveen AMT-Free Quality Municipal Income Fund	$0.0505
NVG	NYSE	Nuveen AMT-Free Municipal Credit Income Fund	$0.0575
NMCO	NYSE	Nuveen Municipal Credit Opportunities Fund	$0.0500
NDMO	NYSE	Nuveen Dynamic Municipal Opportunities Fund	$0.0620
		California Municipal
NAC	NYSE	Nuveen California Quality Municipal Income Fund	$0.0490
NKX	NYSE	Nuveen California AMT-Free Quality Municipal Income Fund	$0.0510
NCA	NYSE	Nuveen California Municipal Value Fund	$0.0290
NXC	NYSE	Nuveen California Select Tax-Free Income Portfolio	$0.0455
		New York Municipal
NRK	NYSE	Nuveen New York AMT-Free Quality Municipal Income Fund	$0.0465
NAN	NYSE	Nuveen New York Quality Municipal Income Fund	$0.0485
NXN	NYSE	Nuveen New York Select Tax-Free Income Portfolio	$0.0410
NNY	NYSE	Nuveen New York Municipal Value Fund	$0.0280
		Other State Municipal Funds
NAZ	NYSE	Nuveen Arizona Quality Municipal Income Fund	$0.0425
NMT	NYSE	Nuveen Massachusetts Quality Municipal Income Fund	$0.0415
NMS	NYSE	Nuveen Minnesota Quality Municipal Income Fund	$0.0500
NOM	NYSE	Nuveen Missouri Quality Municipal Income Fund	$0.0395
NXJ	NYSE	Nuveen New Jersey Quality Municipal Income Fund	$0.0465
NQP	NYSE	Nuveen Pennsylvania Quality Municipal Income Fund	$0.0455
NPV	NYSE	Nuveen Virginia Quality Municipal Income Fund	$0.0450

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**All of the funds listed in the table immediately above are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the "1940 Act").

The following dates apply to today's distribution declarations for the following taxable closed-end funds:

Record Date	May 15, 2024
Ex-Dividend Date	May 14, 2024
Payable Date	June 3, 2024

			Monthly Distribution Per Share
				Change from
				Previous
Ticker	Exchange	Fund Name	Amount	Month
		Preferred and Income Securities
JPC*	NYSE	Nuveen Preferred & Income Opportunities Fund	$0.0475	-
JPI*	NYSE	Nuveen Preferred and Income Term Fund	$0.0980	-
NPFD*	NYSE	Nuveen Variable Rate Preferred & Income Fund	$0.1195	-
		Taxable Municipals
NBB*	NYSE	Nuveen Taxable Municipal Income Fund	$0.0735	-
		Floating Rate
JFR*	NYSE	Nuveen Floating Rate Income Fund	$0.0850	-
JQC*	NYSE	Nuveen Credit Strategies Income Fund	$0.0540	-
		Mortgage-Backed Securities
JMM*	NYSE	Nuveen Multi-Market Income Fund	$0.0275	-
JLS*	NYSE	Nuveen Mortgage and Income Fund	$0.1420	-
		Global High Yield Debt
JGH*	NYSE	Nuveen Global High Income Fund	$0.1035	-
		Real Assets
JRI	NYSE	Nuveen Real Asset Income and Growth Fund	$0.1000	-
		Taxable Fixed Income-Multi-Sector
NPCT*	NYSE	Nuveen Core Plus Impact Fund	$0.0915	-

*The funds indicated above are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the "1940 Act").

Nuveen is a leading sponsor of closed-end funds (CEFs) with $54 billion of assets under management across 45 CEFs as of 31 Dec 2023. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs.

For more information, please visit Nuveen's CEF homepage www.nuveen.com/closed-end-fundsor contact:

Financial Professionals: 800-752-8700

Investors:

800-257-8787

Media: [e-mail]

About Nuveen

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.2 trillion in assets under management as of 31 Dec 2023 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this announcement.

FORWARD LOOKING STATEMENTS

Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:

• market developments;
• legal and regulatory developments; and
• other additional risks and uncertainties.

Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement.

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