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VRPInvesco Variable Rate Preferred ETF

Get income12y track recordRanked #306 of 1,650 in this goal

Tracks the ICE Variable Rate Preferred & Hybrid Securities Index.

By Invesco · Launched 2014

Annual Cost

0.50%

#2,660 of 5,854 · average

Fund Size

$3.0B

#599 of 5,854 · large

Dividend YieldGoal

6.23%

Track Record

12 years

#1,161 of 5,854 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,164+1.6%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE Variable Rate Preferred & Hybrid Securities Index

What it actually holds

By weight

Concentration

Top 10 holdings = 17.0% of fund✓ well diversified

Invesco Private Prime Fund
6.1%
Invesco Private Government Fund
2.3%
Wells Fargo & Co.
1.3%
Bank of America Corp.
1.2%
JPMorgan Chase & Co.
1.2%
Citigroup Inc.
1.0%
Citigroup Capital XIII
1.0%
JPMorgan Chase & Co.
1.0%
Citigroup Inc.
1.0%
Bank of America Corp.
1.0%

Asset allocation

Preferred
50.0%
Bonds
44.6%
Convertible
4.4%
Cash
0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.9%Low

Year-on-year price swings

Max drawdown
-37.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.09Strong risk-adjusted returns
Sortino (3Y)
1.59Good downside protection

Bond profile

Duration

6.3 years

Avg maturity

10.1 years

Credit ratings

AAA
0.1%
AA
0.2%
A
1.8%
BBB
62.0%
BB
32.0%
B
0.6%
Other
3.4%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Tracks the ICE Variable Rate Preferred & Hybrid Securities Index.
Strategy
Invests at least 90% of total assets in floating and variable rate preferred stock and hybrid securities, using a sampling methodology to track the ICE Variable Rate Preferred & Hybrid Securities Index. Concentrates in the financials sector and includes large-, mid-, and small-cap companies in the U.S. domestic market.
Inception date
May 1, 2014
Fund family
Invesco

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Data updated on 2026-08-04