VRP

Fund Description
The Invesco Variable Rate Preferred ETF (Fund) is based on the Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index (Index). The Fund will generally invest at least 90% of its total assets in preferred securities that comprise the Index. The Index is a market capitalization-weighted index designed to track the performance of preferred stock, as well as certain types of "hybrid securities" that are functionally equivalent to preferred stock based on equity features. The Fund and the Index are rebalanced monthly.
Fund Profile
Fund Name Invesco Variable Rate Preferred ETF
Fund Exchange Ticker VRP
Fund Sponsor Invesco
Fund ISIN US46138G8704
Net Expense Ratio 0.50 %
Fund Inception Date 1 May 2014
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index
Index Provider Wells Fargo
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 16 April 2021
Asset Under Management 1595.47 Million (USD)
1 Month Total Return 1.62 %
Year To Date Return 1.81 %
1 Year Total Return 17.95 %
3 Year Annualized Total Return 6.05 %
NAV 26.0697
Share Outstanding 61,200,000
Top 10 Holdings (16 April 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
GENERAL ELECTRIC CO BOND 0.0247276245
WELLS FARGO & COMPANY BOND 0.0160764868
JPMORGAN CHASE & CO BOND 0.0137300484
Invesco Government & Agency Portfolio AGPXX MUTU 0.0133760288
JPMORGAN CHASE & CO BOND 0.0131235601
CHARLES SCHWAB CORP BOND 0.0126046612
GMAC CAPITAL TRUST I PREF 0.0121062755
BP CAPITAL MARKETS PLC BOND 0.0120452353
BP CAPITAL MARKETS PLC BOND 0.0118640890
BANK OF AMERICA CORP BOND 0.0116607124