VRP

Invesco Variable Rate Preferred ETF
*Unless otherwise stated, data provided by FactSet.

VRP Fund Description

VRP tracks a market-value-weighted index of variable- and floating-rate preferred stocks.

VRP Factset Analytics Insight

VRP holds a portfolio of USD denominated floating- and variable-rate preferred stocks or hybrid securities with similar characteristics. Floating-rate preferreds link dividends to a reference benchmark rate plus a fixed spread. Variable rate preferreds have a fixed dividend initially for a period of time, but later will turn into a floating-rate structure. VRP is the first of its kind: an ETF that combines exposure to both types. The self-adjusting nature of the dividends mitigates duration risk, so VRP can be a viable addition to an income portfolio to position for rising rates. VRP may invest in investment grade and non-investment grade securities. Rebalancing is done monthly. Prior to June 30, 2021, the fund tracked the Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index.

VRP MSCI ESG Analytics Insight

Invesco Variable Rate Preferred ETF has an MSCI ESG Fund Rating of AA based on a score of 7.99 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco Variable Rate Preferred ETF ranks in the 90th percentile within its peer group and in the 97th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
VRP 0.61% 1.65% 3.84% 10.14% 6.49% 5.27% --
VRP (NAV) 0.52% 1.49% 3.60% 10.06% 6.27% 5.27% --
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

VRP Summary Data

Invesco
05/01/14
Open-Ended Fund
0.50%
$1.97B
$9.49M
0.05%

VRP Portfolio Data

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VRP Index Data

N/A
Market Value
Market Value
N/A

VRP Portfolio Management

0.50%
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VRP Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

VRP Fund Structure

Open-Ended Fund
No
Yes
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N/A
N/A
Low
Daily

VRP Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of VRP. VRP is rated a 2 out of 5.

VRP Tradability

359,791
$9.49M
324,506
$8.58M
0.05%
$0.01
0.15%
0.53% / -0.91%
None
55.00%
100,000
3.25
0.02%
8.09%
14
$26.32
2

VRP Top 10 Holdings[View All]

2.23%
1.81%
1.42%
1.25%
1.18%
1.15%
1.11%
1.10%
1.10%
1.08%
13.44%

VRP Performance Statistics

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VRP MSCI ESG Ratings

7.99 / 10
97.34
90.16
6.10%
0.71%
190.42

VRP Holdings Statistics

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VRP Avg Life Maturity Distribution

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VRP OAS Breakdown

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