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 21 June 2019
Asset Under Management 1502.58 Million (USD)
1 Month Total Return 0.79 %
Year To Date Return 11.51 %
1 Year Total Return 4.98 %
3 Year Annualized Total Return 5.18 %
NAV 25.0014
Share Outstanding 60,100,000
Top 10 Holdings (24 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
GENERAL ELECTRIC CO GE EQUI 0.0309012114
JPMORGAN CHASE & CO JPM EQUI 0.0248021174
WELLS FARGO & COMPANY BOND 0.0193695362
GMAC Capital Trust I ALLY A PREF 0.0162954169
Citigroup Capital XIII C N PREF 0.0143092980
WACHOVIA CAP TRUST III BOND 0.0142046202
JPMORGAN CHASE & CO JPM EQUI 0.0140377041
BANK OF AMERICA CORP BAC EQUI 0.0139784525
JPMORGAN CHASE & CO JPM EQUI 0.0123944985
VODAFONE GROUP PLC BOND 0.0123870229