Invesco Variable Rate Investment Grade ETFInvesco Variable Rate Investment Grade ETFInvesco Variable Rate Investment Grade ETF

Invesco Variable Rate Investment Grade ETF

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Key stats


Assets under management (AUM)
‪1.07 B‬USD
Fund flows (1Y)
‪293.33 M‬USD
Dividend yield (indicated)
6.19%
Discount/Premium to NAV
0.004%

About Invesco Variable Rate Investment Grade ETF


Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
0.30%
Home page
Inception date
Sep 22, 2016
Index tracked
No Underlying Index
Management style
Active
VRIG has an active strategy, which is aimed at generating high current income. VRIG's manager uses proprietary models to tactically and strategically allocate across a wide array of USD-denominated investment-grade variable-rate instruments, such as agency- and non-agency-backed securities, agency credit risk transfers and debt securities, and floating-rate Treasury securities, etc. Variable-rate securities are less sensitive to changes in interest rates due to their periodic coupon adjustment feature. Despite the investment-grade claim in its name, the fund can hold up to 20% in non-investment-grade variable-rate securities and fixed-rate securities of all credit ratings.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Floating rate
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 7, 2024
Exposure type
Bonds, Cash & Other
Corporate
Securitized
Government
Bonds, Cash & Other100.00%
Corporate42.31%
Securitized29.43%
Government22.25%
Miscellaneous5.70%
Mutual fund0.31%
Cash0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows