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 15 January 2019
Asset Under Management 1504.79 Million (USD)
1 Month Total Return 2.49 %
Year To Date Return 3.90 %
1 Year Total Return -3.13 %
3 Year Annualized Total Return 4.46 %
NAV 23.81
Share Outstanding 63,200,000
Top 10 Holdings (15 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
GENERAL ELECTRIC CO BOND 0.0308789915
JPMORGAN CHASE & CO BOND 0.0271387856
WELLS FARGO & COMPANY BOND 0.0215086814
GMAC CAPITAL TRUST I PREF 0.0178965479
JPMORGAN CHASE & CO BOND 0.0156104397
WACHOVIA CAP TRUST III BOND 0.0153945463
CITIGROUP CAPITAL XIII C V0 10/30/40 PREF 0.0152249885
BANK OF AMERICA CORP BOND 0.0137890838
JPMORGAN CHASE & CO BOND 0.0133737075
WELLS FARGO & COMPANY BOND 0.0130543341