PVI

Invesco VRDO Tax-Free Weekly ETF
*Unless otherwise stated, data provided by FactSet.

PVI Fund Description

PVI tracks a market-weighted index of variable rate demand obligations (VRDOs).

PVI Factset Analytics Insight

PVI is the larger, more liquid of the two VRDO funds in the segment. The fund holds a basket of just 30 floating rate municipal bonds whose interest rates are reset on a weekly basis. Although the bonds are typically issued with long-dated maturities of 20-30 years, the bonds can be redeemed on a weekly basis, giving them an effective duration and maturity of just one week. The fund’s underlying index is slightly different than our benchmark, reaching down the credit spectrum to hold bonds rated AA. This extra credit risk is compensated for with additional yield. PVI charges 5 bps more than its lone competitor, but the extra liquidity it offers and consistent tracking performance are enough to lower PVI’s total all-in cost.

PVI Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PVI 0.15% 0.43% 0.97% 1.13% 0.95% 0.53% 0.37%
PVI (NAV) 0.10% 0.27% 0.96% 1.24% 0.92% 0.53% 0.37%
Bloomberg U.S. Municipal AMT-Free Weekly VRDO -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PVI Summary Data

Invesco
11/15/07
Open-Ended Fund
0.25%
$57.37M
$294.28K
0.20%

PVI Portfolio Data

0.02
--
1.87%
09/23/19
34

PVI Index Data

Market Value
AMT-Free
Bloomberg U.S. Municipal AMT-Free Weekly VRDO

PVI Portfolio Management

0.25%
--
--
--

PVI Tax Exposures

20.00% / 39.60%
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Ordinary income
No

PVI Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

PVI Factset Analytics Block Liquidity

As of 10/21/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PVI. PVI is rated a N/A out of 5.

PVI Tradability

11,281
$294.28K
4,415
$115.98K
0.20%
$0.05
-0.08%
0.23% / -0.28%
None
100.00%
50,000
0.09
0.04%
--
0
$24.95
N/A

PVI Sector/Industry Breakdown


PVI
Segment Benchmark
95.33%
--
4.67%
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PVI Top 10 Holdings[View All]

6.97%
4.36%
4.36%
4.36%
4.36%
4.36%
4.36%
4.36%
4.36%
4.36%
46.21%

PVI Top 5 Countries


PVI
Segment Benchmark
100.00%
--

PVI Top 5 Currencies


PVI
Segment Benchmark
100.00%
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PVI Performance Statistics

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PVI Holdings Statistics

0.02 years
0.02
1.87%
0.02
High
34
0.60%

PVI Avg Life Maturity Distribution

100.00%
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--
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PVI OAS Breakdown

100.00%
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