Invesco Variable Rate Preferred ETF (VRP)
23.46
+0.05
(+0.21%)
USD |
NYSEARCA |
Apr 17, 16:00
23.26
-0.20
(-0.85%)
Pre-Market: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.50% | -0.21% | 1.596B | 325367.7 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.43% | 14.00% | -85.62M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to track the investment results of the ICE Variable Rate Preferred & Hybrid Securities Index. The fund will invest at least 90% of its total assets in the components of the index, as well as ADRs that represent securities in the index. The index provider compiles and calculates the index, a market capitalization-weighted index designed to track the performance of floating and variable rate investment grade and below investment grade U.S. dollar denominated preferred stock, as well as certain types of hybrid securities. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Preferred Stock |
| Category Index | ICE BofA Fxd Rate Pref TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Invesco |
| Prospectus Benchmark Index | |
| ICE Variable Rate Pref&Hybrid Sec TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Gary Jones | 9.93 yrs |
| Peter Hubbard | 9.93 yrs |
| Richard Ose | 9.93 yrs |
| Greg Meisenger | 2.90 yrs |
| Tom Boksa | 2.29 yrs |
Performance Versus Category
As of April 17, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 17, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to track the investment results of the ICE Variable Rate Preferred & Hybrid Securities Index. The fund will invest at least 90% of its total assets in the components of the index, as well as ADRs that represent securities in the index. The index provider compiles and calculates the index, a market capitalization-weighted index designed to track the performance of floating and variable rate investment grade and below investment grade U.S. dollar denominated preferred stock, as well as certain types of hybrid securities. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Preferred Stock |
| Category Index | ICE BofA Fxd Rate Pref TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Invesco |
| Prospectus Benchmark Index | |
| ICE Variable Rate Pref&Hybrid Sec TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Gary Jones | 9.93 yrs |
| Peter Hubbard | 9.93 yrs |
| Richard Ose | 9.93 yrs |
| Greg Meisenger | 2.90 yrs |
| Tom Boksa | 2.29 yrs |