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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.

A strong management team and sound investment process underpin Invesco Variable Rate Preferred ETF's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive 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 1
  • Bond Holdings 70
  • Other Holdings 240
  • % Assets in Top 10 Holdings 11.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Invesco Shrt-Trm Inv Gov&Agcy Instl

1.64
23,951,034
Cash and Equivalents

Wells Fargo & Company 3.9%

1.46
21,334,251
Corporate

JPMorgan Chase & Co. 4.6%

1.35
19,632,938
Corporate

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

1.25
18,225,895
Financial Services

BP Capital Markets plc 4.375%

1.15
16,759,119
Corporate

The Charles Schwab Corporation 5.375%

1.14
16,636,172
Corporate

BP Capital Markets plc 4.875%

1.08
15,733,785
Corporate

JPMorgan Chase & Co.

1.04
15,209,141
Corporate

Bank of America Corporation 5.875%

1.00
14,546,985
Corporate

Vodafone Group PLC

0.96
14,051,780
Corporate