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VRIG - Invesco Variable Rate Investment Grade ETF

Stock Price: $25.09 USD -0.01 (-0.02%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Assets $464.26M
NAV $25.09
Expense Ratio 0.30%
PE Ratio n/a
Beta (5Y) 0.19
Dividend (ttm) $0.29
Dividend Yield 1.14%
Ex-Dividend Date Mar 22, 2021
1-Year Return -
Trading Day April 16
Last Price $25.09
Previous Close $25.10
Change ($) -0.01
Change (%) -0.02%
Day's Open 25.10
Day's Range 25.09 - 25.10
Day's Volume 42,199
52-Week Range 23.28 - 25.10

Fund Description

The investment seeks to generate current income while maintaining low portfolio duration as a primary objective and capital appreciation as a secondary objective. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of investment-grade, variable rate or floating rate debt securities. At least 80% of its net assets (plus any borrowings for investment purposes) will be invested in Variable Rate Instruments that are, at the time of purchase, investment grade (or in affiliated ETFs that invest primarily in any or all of the foregoing securities).

Asset Class
Fixed Income
Inception Date
Sep 22, 2016
Exchange
NASDAQ
Ticker Symbol
VRIG
Index Tracked
VanEck Vectors Investment Grade Floating Rate Index

Top 10 Holdings

20.81% of assets
NameSymbolWeight
United States Treasury Notes 0.07%n/a10.14%
Federal Farm Credit Banks 2.36%n/a1.51%
Invitation Homes Tr 2017-Sfr2 1.56%n/a1.22%
Federal Home Loan Mortgage Corporation 2.61%n/a1.20%
Federal Home Loan Mortgage Corporation 2.41%n/a1.20%
Athene Global Funding 2015-1 1.42%n/a1.16%
Banco Santander, S.A. 1.75%n/a1.13%
Federal Home Loan Mortgage Corporation 0.46%n/a1.09%
Morgan Stanley 0.73%n/a1.08%
QUALCOMM Incorporated 0.94%n/a1.08%
View All Holdings

Dividends

Ex-DividendAmountPay Date
Mar 22, 2021$0.01744Mar 31, 2021
Feb 22, 2021$0.0186Feb 26, 2021
Jan 19, 2021$0.0192Jan 29, 2021
Dec 21, 2020$0.0182Dec 31, 2020
Nov 23, 2020$0.019Nov 30, 2020
Oct 19, 2020$0.0154Oct 30, 2020
Full Dividend History

News

I am certainly not in the business of predicting interest rate movement.

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3 months ago - ETFcom