Invesco Variable Rate Preferred ETF holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.
Invesco Variable Rate Preferred ETF VRP
Morningstar’s Analysis VRP
Will VRP outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Bank of America Corp. 6.625% | 1.13 | 33M | Corporate |
JPMorgan Chase & Co. 6.5% | 1.11 | 32M | Corporate |
JPMorgan Chase & Co. 6.1% | 1.09 | 32M | Corporate |
Citigroup Inc. 6.875% | 1.00 | 29M | Corporate |
JPMorgan Chase & Co. 6.875% | 0.95 | 28M | Corporate |
Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4 | 0.93 | 27M | Financial Services |
Citigroup Inc. 6.625% | 0.93 | 27M | Corporate |
Bank of America Corp. 6.25% | 0.92 | 27M | Corporate |
BP Capital Markets PLC 4.875% | 0.91 | 26M | Corporate |
Goldman Sachs Group, Inc. 7.5% | 0.86 | 25M | Corporate |
United States