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Invesco Variable Rate Preferred ETF (VRP)

NYSEARCA: VRP · IEX Real-Time Price · USD
25.68 -0.11 (-0.43%)
Nov 26, 2021 1:00 PM EST - Market closed
Assets$2.02B
NAV$25.74
Expense Ratio0.50%
PE Ration/a
Shares Out78.50M
Dividend (ttm)$1.11
Dividend Yield4.30%
Ex-Dividend DateNov 22, 2021
1-Year Return+0.12%
Volume817,468
Open26.03
Previous Close25.79
Day's Range25.57 - 25.72
52-Week Low25.21
52-Week High25.21
Beta0.46
Holdings311
Inception DateMay 1, 2014

About VRP

The investment seeks to track the ICE Variable Rate Preferred & Hybrid Securities Index. The fund will invest at least 90% of its total assets in the components of the index, as well as ADRs that represent securities in the underlying index. The index provider compiles and calculates the underlying index, a market capitalization-weighted index designed to track the performance of floating and variable rate investment grade and below investment grade U.S. dollar denominated preferred stock, as well as certain types of hybrid securities that are, comparable to preferred stocks, that are issued by corporations in the U.S. domestic market. It is non-diversified.

Asset ClassPortfolio-Multi Asset
SectorMixed Asset
RegionNorth America
IssuerInvesco
Stock ExchangeNYSEARCA
Ticker SymbolVRP
Index TrackedWells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index

Top 10 Holdings

12.37% of assets
NameSymbolWeight
General Electric Company 3.446%N/A2.20%
Wells Fargo & Company 3.9%N/A1.41%
JPMorgan Chase & Co. 4.6%N/A1.21%
JPMorgan Chase & Co. 3.59863%N/A1.17%
Invesco Shrt-Trm Inv Gov&Agcy InstlAGPXX1.17%
The Charles Schwab Corporation 5.375%N/A1.08%
BP Capital Markets plc 4.875%N/A1.08%
BP Capital Markets plc 4.375%N/A1.05%
Bank of America Corporation 5.875%N/A1.02%
JPMorgan Chase & Co. 3.45088%N/A1.00%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Nov 22, 2021$0.09012Nov 30, 2021
Oct 18, 2021$0.09003Oct 29, 2021
Sep 20, 2021$0.090Sep 30, 2021
Aug 23, 2021$0.08978Aug 31, 2021
Jul 19, 2021$0.09002Jul 30, 2021
Jun 21, 2021$0.0925Jun 30, 2021
Full Dividend History

News

Here's An ETF to Get Income and Hedge Against Rising Rates

The threat of rising interest rates still lingers over the financial market in this low-rate environment. One option to consider is the Invesco Variable Rate Preferred ETF (VRP).

3 months ago - ETF Trends

Fight Low Yields with Preferred ETFs, ‘VRP'

Extracting maximum yield in this low rate environment is difficult when rates are at the whims of the Federal Reserve, but there are solid options available to investors, including the Invesco Variable ...

3 months ago - ETF Trends

The VRP ETF: One Way to Juice Preferred Stock Returns

With government bond yields low, many income investors are embracing alternative yield sources this year, including preferred stocks and their related exchange traded funds. While yields on preferreds r...

4 months ago - ETF Trends

What Should Investors Do with Maturing BulletShares ETFs?

Invesco offers an extensive lineup of BulletShares exchange traded funds – the issuer's version of defined maturity ETFs. These products are popular with advisors and investors because BulletShares ETFs...

4 months ago - ETF Trends

Preferred ETF (VRP) Hits New 52-Week High

The preferred ETF VRP hit a new 52-week high lately. Can it soar further?

5 months ago - Zacks Investment Research

Looking for Current Income? 5 ETFs to Earn At Least 3% Yield

Amid very-low interest rate environment, investors may be interested in securities that have the potential to offer capital appreciation as well as benchmark-beating yields.

Other symbols:CDCIVOLQDEFSPBO
1 year ago - Zacks Investment Research