VRIGInvesco Variable Rate Investment Grade ETF
VRIG Fund Description
VRIG is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities.
VRIG Factset Analytics Insight
VRIG has an active strategy, which is aimed at generating high current income. VRIG's manager uses proprietary models to tactically and strategically allocate across a wide array of USD-denominated investment-grade variable-rate instruments, such as agency- and non-agency-backed securities, agency credit risk transfers and debt securities, and floating-rate Treasury securities, etc. Variable-rate securities are less sensitive to changes in interest rates due to their periodic coupon adjustment feature. Despite the investment-grade claim in its name, the fund can hold up to 20% in non-investment-grade variable-rate securities and fixed-rate securities of all credit ratings.
VRIG Portfolio Data
VRIG Index Data
VRIG Portfolio Management
VRIG Tax Exposures
VRIG Fund Structure
VRIG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of VRIG. VRIG is rated a N/A out of 5.
VRIG Sector/Industry Breakdown