VRIGInvesco Variable Rate Investment Grade ETF

Get income9y track recordRanked #224 of 1,628 in this goal

Seeks to generate current income while maintaining low portfolio duration and capital appreciation as a secondary objective.

By Invesco · Launched 2016

Annual Cost

0.30%

#1,474 of 5,573 · low cost

Fund Size

$1.5B

#871 of 5,573 · large

Dividend YieldGoal

4.80%

Track Record

9 years

#1,479 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,493+4.9%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 24.5% of fund✓ well diversified

U.S. Treasury Floating Rate Notes

9.4%

U.S. Treasury Floating Rate Notes

3.3%

U.S. Treasury Floating Rate Notes

3.1%

U.S. Treasury Floating Rate Notes

3.0%

Invesco Government & Agency Portfolio

1.9%

STRU_CITI-7177

0.8%

FREDDIE MAC STRU_BNP-9391STRU

0.8%

Freddie Mac

0.7%

OneMain Financial Issuance Trust

0.7%

Fannie Mae Connecticut Avenue Securities

0.7%

Asset allocation

Bonds

97.1%

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

-13.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)

2.76Strong risk-adjusted returns

Sortino (3Y)

4.02Good downside protection

Bond profile

Duration

4.8 years

Avg maturity

10.0 years

Credit ratings

US Government

16.5%

AAA

9.3%

34.0%

40.2%

BBB

14.5%

Below B

0.1%

Other

1.9%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to generate current income while maintaining low portfolio duration and capital appreciation as a secondary objective.
Strategy: Actively managed, invests primarily in investment-grade variable rate debt securities issued by U.S. entities. Allocates assets across various floating rate instruments to balance risk and enhance returns.
Inception date: September 20, 2016
Fund family: Invesco