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 index. The index provider compiles and calculates the 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. It is non-diversified.
Frequently asked questions
What is the Invesco Variable Rate Preferred ETF (VRP) expense ratio?
The Invesco Variable Rate Preferred ETF funds expense ratio is 0.5%.
What is Invesco Variable Rate Preferred ETF (VRP) current stock price?
As of the latest data, Invesco Variable Rate Preferred ETF stock price is $24.19, with a previous close of $24.19. Invesco Variable Rate Preferred ETF lost -$0.01 in the last trading session, representing a -0.02% loss.
Does Invesco Variable Rate Preferred ETF (VRP) pay dividends?
Yes. Invesco Variable Rate Preferred ETF pays monthly dividends with an annualized yield of 6.18% and an estimated annual payout of $1.49 per share.
