VRP

Fund Description
The Invesco Variable Rate Preferred ETF (Fund) is based on the ICE Variable Rate Preferred & Hybrid Securities Index (Index). The Fund will generally invest at least 90% of its total assets in fixed rate preferred securities in the U.S. market by financial companies. The Index is designed to track the performance of floating and variable rate investment grade and below investment grade U.S. dollar preferred stock, as well as certain types of hybrid securities that determined by the Index Provider, comparable to preferred stocks, that are issued by corporations in the U.S. market. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced monthly. Effective the close of markets on June 30, 2021, the Funds underlying index, index provider, objective and strategy changed. The underlying index changed from the Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index to the ICE Variable Rate Preferred & Hybrid Securities Index; the index provider changed from Wells Fargo Securities, LLC to ICE Data Indices, LLC.
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 ICE Variable Rate Preferred & Hybrid Securities Index
Index Provider ICE Indices
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 8 December 2022
Asset Under Management 1779.45 Million (USD)
1 Month Total Return 2.46 %
Year To Date Return -12.14 %
1 Year Total Return -11.32 %
3 Year Annualized Total Return -1.42 %
NAV 22.5247
Share Outstanding 79,000,000
Top 10 Holdings (7 December 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
GENERAL ELECTRIC CO BOND 0.0249362630
WELLS FARGO & COMPANY BOND 0.0139083434
JPMORGAN CHASE & CO BOND 0.0124910383
CITIGROUP CAPITAL XIII C V0 10/30/40 PREF 0.0115213311
CHARLES SCHWAB CORP BOND 0.0111072562
BP CAPITAL MARKETS PLC BOND 0.0108375815
BP CAPITAL MARKETS PLC BOND 0.0102322162
JPMORGAN CHASE & CO BOND 0.0096157890
BANK OF AMERICA CORP BOND 0.0095914158
JPMORGAN CHASE & CO BOND 0.0092236715