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 20 March 2019
Asset Under Management 1502.46 Million (USD)
1 Month Total Return 1.58 %
Year To Date Return 8.87 %
1 Year Total Return 2.30 %
3 Year Annualized Total Return 6.27 %
NAV 24.47
Share Outstanding 61,400,000
Top 10 Holdings (19 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
GENERAL ELECTRIC CO GE EQUI 0.0330848208
JPMORGAN CHASE & CO JPM EQUI 0.0261527304
WELLS FARGO & COMPANY BOND 0.0204829542
GMAC CAPITAL TRUST I PREF 0.0174654433
JPMORGAN CHASE & CO JPM EQUI 0.0150610026
CITIGROUP CAPITAL XIII C V0 10/30/40 PREF 0.0146024422
WACHOVIA CAP TRUST III BOND 0.0145495032
BANK OF AMERICA CORP BAC EQUI 0.0138675885
JPMORGAN CHASE & CO JPM EQUI 0.0134480606
WELLS FARGO & COMPANY BOND 0.0127514139