Fund Description
The Invesco Variable Rate Investment Grade ETF (the "Fund") is an actively managed exchange-traded fund (ETF) that seeks to generate current income while maintaining low portfolio duration as a primary objective and capital appreciation as a secondary objective. Under normal market conditions, the Fund generally will invest at least 80% of its net assets, plus any borrowings, in a portfolio of investment-grade, variable rate instruments that are US dollar denominated and US issued. Invesco, Advisers, Inc., the sub-adviser to the Fund (Sub-Adviser), seeks to invest in floating rate US Treasuries, government sponsored agency mortgage-backed securities, US Agency debt, structured securities and floating rate investment grade corporates. The Fund is able to invest in other types of securities as outlined in the prospectus, including up to 20% in non-investment grade securities.
Fund Profile
Fund Name Invesco Variable Rate Investment Grade ETF
Fund Exchange Ticker VRIG
Fund Sponsor Invesco
Fund ISIN US46090A8797
Net Expense Ratio 0.30 %
Fund Inception Date 22 September 2016
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 653.24 Million (USD)
1 Month Total Return -0.48 %
Year To Date Return -1.45 %
1 Year Total Return -1.24 %
3 Year Annualized Total Return 1.00 %
NAV 24.6505
Share Outstanding 26,500,000
Top 10 Holdings (27 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
United States Treasury Floating Rate Note BOND 0.1808871585
Fannie Mae Connecticut Avenue Securities BOND 0.0083233588
Invesco Government & Agency Portfolio AGPXX MUTU 0.0080276547
Freddie Mac STACR REMIC Trust 2021DNA6 BOND 0.0076968383
STAR 2022-SFR3 B BOND 0.0075034665
ING GROEP NV BOND 0.0074983390
QUALCOMM INC BOND 0.0074828882