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VRIGInvesco Variable Rate Investment Grade ETF

Get income9y track recordRanked #213 of 1,650 in this goal

Seeks to generate current income while maintaining low portfolio duration.

By Invesco · Launched 2016

Annual Cost

0.30%

#1,396 of 5,861 · low cost

Fund Size

$1.5B

#880 of 5,861 · large

Dividend YieldGoal

4.71%

Track Record

9 years

#1,451 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,469+4.7%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 21.7% of fundwell diversified

U.S. Treasury Floating Rate Notes
5.6%
U.S. Treasury Floating Rate Notes
4.7%
U.S. Treasury Floating Rate Notes
2.8%
U.S. Treasury Floating Rate Notes
2.7%
Invesco Government & Agency Portfolio
1.9%
U.S. Treasury Floating Rate Notes
1.1%
Invesco Private Prime Fund
0.8%
Fannie Mae Connecticut Avenue Securities
0.7%
Fannie Mae Connecticut Avenue Securities
0.7%
Freddie Mac
0.7%

Asset allocation

Bonds
97.2%
Cash
2.8%
Preferred
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
0.5%Low

Year-on-year price swings

Max drawdown
-13.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)
2.58Strong risk-adjusted returns
Sortino (3Y)
3.78Good downside protection

Bond profile

Duration

4.9 years

Avg maturity

10.0 years

Credit ratings

US Government
17.0%
AAA
12.2%
AA
32.6%
A
36.2%
BBB
15.6%
Below B
0.1%
Other
3.2%

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to generate current income while maintaining low portfolio duration.
Strategy
Actively manages a portfolio of investment-grade, variable rate or floating rate debt securities denominated in U.S. dollars, aiming for current income and capital appreciation. Allocates assets strategically across various types of Variable Rate Instruments to mitigate risk and improve expected returns.
Inception date
September 20, 2016
Fund family
Invesco

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Data updated on 2026-08-04