Key stats
About Invesco Variable Rate Investment Grade ETF
Expense ratio
0.30%
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Inception date
Sep 22, 2016
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Securitized
Government
Bonds, Cash & Other100.00%
Corporate41.72%
Securitized28.66%
Government23.71%
Miscellaneous5.59%
Mutual fund0.58%
Cash−0.26%
Top 10 holdings
Dividends
Dividend payout history