PVI
Invesco VRDO Tax-Free ETF
ICE US Muni AMT-Fr VRDO Constrain TR USD
NAV as of
4 Week: 24.93 - 24.98
52 Week: 24.84 - 24.98
Latest Closing Price
24.95
Premium / Discount
0.02
Expense Ratio
0.25%
Investment Objective
The investment seeks to track the investment results (before fees and expenses) of the ICE ® US Municipal AMT-Free VRDO Constrained Index. The fund generally invests at least 80% of its total assets in the components of the underlying index. The underlying index tracks the performance of U.S. dollar denominated tax-exempt variable rate demand obligations that are publicly issued by U.S. states and territories, and their political subdivisions, and that have interest rates that reset daily, weekly or monthly.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -0.06 | 0.06 | -1.03 |
| 1 Day | -0.10 | 0.00 | 0.00 |
| 1 Week | -0.18 | 0.18 | -1.02 |
| 1 Month | -0.12 | 0.30 | -0.40 |
| 3 Months | 0.02 | 0.50 | 0.04 |
| 6 Months | 0.16 | 0.71 | 0.23 |
| 1 Year | 0.28 | 0.91 | 0.31 |
| 2 Years | 0.14 | 1.15 | 0.12 |
| 3 Years | -0.48 | 2.16 | -0.22 |
| 5 Years | 0.16 | 3.13 | 0.05 |
| 10 Years | -0.20 | 3.66 | -0.05 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | -0.0133 | -0.1157 | -0.1578 | 0.1724 | 0.6024 | 1.1084 | 1.1545 | 0.3212 | -0.2403 | 0.8860 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 61.0000 | 98.0000 | 93.0000 | 25.0000 | 97.0000 | 68.0000 | 100.0000 | 97.0000 | 80.0000 | 5.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 12/01/2017 | 30/01/2017 | 0.0108 |
| 14/12/2016 | 29/12/2016 | 0.0066 |
| 14/08/2016 | 30/08/2016 | 0.0005 |
| 14/07/2016 | 28/07/2016 | 0.0008 |
| 14/06/2016 | 29/06/2016 | 0.0001 |
| 12/05/2016 | 30/05/2016 | 0.0004 |
| 12/02/2015 | 26/02/2015 | 0.0001 |
| 14/01/2015 | 29/01/2015 | 0.0001 |
| 14/12/2014 | 30/12/2014 | 0.0001 |
| 13/11/2014 | 27/11/2014 | 0.0001 |
Portfolio Data
Total Number of Holdings: 49
Number of Bond Holdings: 46
Number of Equity Holdings: 0
Total Market Value: 76,046,736
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | BAY AREA TOLL AUTH CALIF TOLL BRDG REV 0.82% | 6.9784 | 4,000,000 | 0 | 4,000,000 |
| 2 | ARIZONA HEALTH FACS AUTH REV 1.18% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
| 3 | BUILD NYC RESOURCE CORP N Y REV 1.05% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
| 4 | CLARK CNTY NEV ARPT REV 1.1% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
| 5 | FLORIDA KEYS AQUEDUCT AUTH WTR REV 1.12% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
| 6 | FRANKLIN CNTY OHIO HOSP REV 1.13% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
| 7 | INDIANAPOLIS IND MULTIFAMILY HSG REV 1.17% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
| 8 | JEA FLA WTR & SWR SYS REV 1.16% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
| 9 | MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 1.13% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
| 10 | MICHIGAN ST UNIV REVS 1.16% | 4.3615 | 2,500,000 | 0 | 2,500,000 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
46
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 6.00 |
| Average Weighted Coupon* | 2.68 |
| Average Weighted Price* | 100.00 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 5.60 |
| AA | 51.11 |
| A | 41.35 |
| BBB | 1.94 |
| BB | 0.00 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | 0.00 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.39 |
| 3 to 5 Years | 2.10 |
| 5 to 7 Years | 9.14 |
| 7 to 10 Years | 10.65 |
| 10 to 15 Years | 26.69 |
| 15 to 20 Years | 24.46 |
| 20 to 30 Years | 19.40 |
| Over 30 Years | 1.97 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.00 |
| 183 to 364 Days | 0.00 |
Data Source: Morningstar
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(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
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Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.
