Invesco Variable Rate Investment Grade ETF (VRIG)
| Assets | $663.84M |
| NAV | $24.77 |
| Expense Ratio | 0.30% |
| PE Ratio | n/a |
| Shares Out | 26.80M |
| Dividend (ttm) | $0.18 |
| Dividend Yield | 0.74% |
| Ex-Dividend Date | May 23, 2022 |
| 1-Year Return | -1.19% |
| Volume | 60,150 |
| Open | 24.80 |
| Previous Close | 24.80 |
| Day's Range | 24.78 - 24.81 |
| 52-Week Low | 24.76 |
| 52-Week High | 25.13 |
| Beta | 0.17 |
| Holdings | 241 |
| Inception Date | Sep 22, 2016 |
About VRIG
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).
Top 10 Holdings
25.05% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Floating Rate Note | TF 0 04.30.24 | 18.23% |
| Fannie Mae Connecticut Avenue Securities | CAS 2018-C01 1M2 | 0.80% |
| Freddie Mac Stacr Trust 2018-HQA2 | STACR 2018-HQA2 M2 | 0.80% |
| Athene Global Funding | ATH F 07.01.22 144A | 0.77% |
| American Express Co | AXP F 02.27.23 | 0.76% |
| Freddie Mac STACR REMIC Trust 2021-DNA6 | STACR 2021-DNA6 M2 | 0.76% |
| Invesco Government & Agency Portfolio | AGPXX | 0.74% |
| Caterpillar Financial Services Corp | CAT F 11.17.22 MTN | 0.73% |
| STAR 2022-SFR3 Trust | STAR 2022-SFR3 B | 0.73% |
| ING Groep NV | INTNED F 10.02.23 * | 0.73% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 18, 2022 | $0.01975 | Apr 29, 2022 |
| Mar 21, 2022 | $0.01354 | Mar 31, 2022 |
| Feb 22, 2022 | $0.01334 | Feb 28, 2022 |
| Jan 24, 2022 | $0.01387 | Jan 31, 2022 |
| Dec 20, 2021 | $0.01443 | Dec 31, 2021 |
| Nov 22, 2021 | $0.01493 | Nov 30, 2021 |
News
Floating Rate ETFs to Bet on Rate Hike
Investors seeking to prepare for higher rates could flock to the floating rate bond ETFs.
Fixed Income Investors Should Look Into Floating Rate Bond ETFs
Investment-grade floating rate notes are in high demand as fixed income traders try to get ahead of the Federal Reserve's interest rate hikes. Investors can also diversify their bond portfolios with exc...
Bet on Floating Rate ETFs As Yields Surge
Investors seeking to prepare for higher rates could flock to the bonds with yields that track broader interest rates ??? floating rate bonds.
Floating Rate ETFs Set to Surge on Rate Hike Bets
Unlike fixed coupon bonds, these do not lose value when the rates go up, making the bonds ideal for protecting investors against capital erosion in a rising rate environment.
