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Invesco Variable Rate Preferred ETF VRP

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub

Morningstar’s Analysis VRP

Will VRP outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VRP’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VRP management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VRP’s parent organization’s priorities and whether they’re in line with investors’ interests.

Invesco Variable Rate Preferred ETF’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VRP

More VRP Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wells Fargo & Co. 3.9%

1.52 24.0 Mil
Corporate

JPMorgan Chase & Co. 4.6%

1.36 21.5 Mil
Corporate

Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4

1.22 19.4 Mil
Financial Services

JPMorgan Chase & Co. 6.875%

1.17 18.6 Mil
Corporate

The Charles Schwab Corporation 5.375%

1.12 17.7 Mil
Corporate

BP Capital Markets PLC 4.875%

1.09 17.3 Mil
Corporate

JPMorgan Chase & Co. 5%

1.03 16.3 Mil
Corporate

Bank of America Corp. 5.875%

0.99 15.7 Mil
Corporate

Citigroup Inc. 3.875%

0.98 15.6 Mil
Corporate

Vodafone Group PLC 7%

0.95 15.0 Mil
Corporate