VRP
Invesco Variable Rate Preferred ETF
ICE Variable Rate Pref&Hybrid Sec TR USD
NAV as of
4 Week: 21.10 - 23.31
52 Week: 21.10 - 24.54
Latest Closing Price
21.99
Premium / Discount
-0.47
Expense Ratio
0.5%
Investment Objective
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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -1.07 | 1.12 | -0.96 |
| 1 Day | 0.73 | 0.00 | 0.00 |
| 1 Week | 2.55 | 0.64 | 3.98 |
| 1 Month | -4.48 | 8.09 | -0.55 |
| 3 Months | -1.07 | 8.89 | -0.12 |
| 6 Months | 1.14 | 10.29 | 0.11 |
| 1 Year | -9.37 | 11.82 | -0.79 |
| 2 Years | -14.31 | 12.31 | -1.16 |
| 3 Years | 3.22 | 16.32 | 0.20 |
| 5 Years | -12.00 | 47.64 | -0.25 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 2.9913 | 6.8026 | 9.7078 | -5.6931 | 18.0069 | 5.2142 | 4.0860 | -9.1104 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 76.0000 | 26.0000 | 62.0000 | 78.0000 | 39.0000 | 75.0000 | 21.0000 | 9.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 12/01/2017 | 30/01/2017 | 0.1056 |
| 14/12/2016 | 29/12/2016 | 0.1138 |
| 14/08/2016 | 30/08/2016 | 0.1021 |
| 14/07/2016 | 28/07/2016 | 0.1022 |
| 14/06/2016 | 29/06/2016 | 0.1075 |
| 12/05/2016 | 30/05/2016 | 0.1075 |
| 12/02/2015 | 26/02/2015 | 0.1028 |
| 14/01/2015 | 29/01/2015 | 0.1000 |
| 14/12/2014 | 30/12/2014 | 0.1014 |
| 13/11/2014 | 27/11/2014 | 0.1090 |
Portfolio Data
Total Number of Holdings: 323
Number of Bond Holdings: 70
Number of Equity Holdings: 1
Total Market Value: 1,578,145,788
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | General Electric Company 5% | 2.9388 | 47,280,000 | 250,000 | 45,891,150 |
| 2 | JPMorgan Chase & Co. 5.41% | 1.5880 | 24,466,000 | 0 | 24,796,952 |
| 3 | GMAC Capital Trust I Pfd Secs 2011-15.2.40 Gtd Ser | 1.5360 | 908,524 | 1,480 | 23,985,034 |
| 4 | Bank of America Corporation 5.88% | 1.4056 | 19,830,000 | 150,000 | 21,948,469 |
| 5 | JPMorgan Chase & Co. 5.42% | 1.3595 | 20,969,000 | 0 | 21,229,047 |
| 6 | Wachovia Capital Trust III 5.57% | 1.3406 | 20,813,000 | 0 | 20,933,559 |
| 7 | Citigroup Capital XIII Floating Rate Trust Pfd Sec | 1.3267 | 758,015 | 1,235 | 20,716,398 |
| 8 | JPMorgan Chase & Co. 5% | 1.2530 | 18,796,000 | 200,000 | 19,566,768 |
| 9 | Vodafone Group plc 7% | 1.2487 | 16,800,000 | 250,000 | 19,499,332 |
| 10 | JPMorgan Chase & Co. | 1.2032 | 16,680,000 | 0 | 18,788,594 |
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
70
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 2.20 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 12.00 |
| Average Weighted Coupon* | 5.51 |
| Average Weighted Price* | 88.29 |
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 | 0.20 |
| AA | 0.00 |
| A | 0.00 |
| BBB | 63.83 |
| BB | 30.90 |
| B | 1.11 |
| Below B | 0.00 |
| Not Rated | 3.95 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.00 |
| 3 to 5 Years | 0.15 |
| 5 to 7 Years | 0.00 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.20 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 6.52 |
| Over 30 Years | 12.59 |
| 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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