Invesco Variable Rate Preferred ETF
NYSE Arca:VRP

  • LAST PRICE
    23.61
  • TODAY'S CHANGE (%)
    0.02 (0.08%)
  • Bid / Lots
    22.13/ 4
  • Ask / Lots
    25.35/ 6
  • Open / Previous Close
    23.59 / 23.59
  • Day Range
    23.55
    23.65
  • 52 Week Range
    21.36
    23.87
  • Volume
    480,220
  • Overall Morningstar Rating
    out of 84 funds

Search Criteria

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CompanyCountrySymbol

Charts

Price Comparison Graph. See accessible table below
Data delayed at least 15 minutes.

Daily Premium/Discount

Bar Graph.See accessible table below
ETFs trading at a price higher than its Net Asset Value (NAV) is said to be trading at a premium, while those trading at price lower than its NAV is said to be at a discount. By showing the daily premium/discount percentage, we can see the trend in market sentiments, regarding the value of an ETF over time.

Holdings Diversification

Asset Class
Preferred		72.9%
US Bond		10.9%
Non-US Bond		10.2%
Convertible		5.9%
Cash		0.1%
US Stock		0.1%
Sectors
Utilities0.1%
Basic Mat.0
Communication Services0
Consumer Cyclical0
Consumer Defensive0
Energy0
Financial Serv.s0
Healthcare0
Industrials0
Real Estate0
Technology0
Geographic Region
United States		100.0%
Latin America		0
Africa		0
Asia/Oceania		0
Canada		0
Europe		0
As of 2024-03-28

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
Wells Fargo & Co. 3.9%
Long
1.5%
0.00%
$24.4M
JPMorgan Chase & Co. 4.6%
Long
1.3%
0.00%
$21.5M
C.PR.N
Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4
Long
1.2%
+0.74%
$19.7M
BP Capital Markets PLC 4.375%
Long
1.1%
0.00%
$17.9M
The Charles Schwab Corporation 5.375%
Long
1.1%
0.00%
$17.8M
BP Capital Markets PLC 4.875%
Long
1.1%
0.00%
$17.4M
JPMorgan Chase & Co. 5%
Long
1.0%
0.00%
$16.4M
Bank of America Corp. 5.875%
Long
1.0%
0.00%
$16.2M
JPMorgan Chase & Co. 6.875%
Long
1.0%
+24.10%
$16.0M
Citigroup Inc. 3.875%
Long
1.0%
+0.60%
$15.9M
As of 2024-04-29

Reports

  • 04/07/24

    Morningstar ETF Report

    The Morningstar ETF Report offers in-depth analyst research on exchange-traded funds to help you evaluate these investments and how they fit within a portfolio.

Morningstar Ratings

Time HorizonStar Rating
Overall Rating
3 Year Rating
5 Year Rating
10 Year RatingNot Rated
As of 2024-03-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

ETF Profile
Best Fit Index
ICE Variable Rate Pref&Hybrid Sec TR USD
Category
Preferred Stock
Sponsor
Invesco Capital Management LLC
Inception
May 1, 2014
As of 2024-03-28

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.

Holding Details
Total Net Assets$1.6B
Shares Out.69.0M
Net Asset Value (NAV)$23.51
Prem/Discount to NAV0.55%
P/E Ratio---
Dividend Yield6.37%
Dividend per Share1.50 USD
Ex-Dividend Date04/22/2024
Dividend Payment Date04/26/2024
Beta---
Morningstar Investment StylePreferred Stock
Equity Style
---
Credit Quality / Duration
Short Duration/Medium Quality
Fees & Expenses
Actual Management Fee0.50%
Actual Mgmt. Expense Ratio (MER)0.50%