Skip to Content
Morningstar

Invesco Variable Rate Investment Grd ETF VRIG

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

Morningstar’s Analysis VRIG

Will VRIG 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 VRIG’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the VRIG 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 VRIG’s parent organization’s priorities and whether they’re in line with investors’ interests.

A Paired Swap of Invesco Variable Rate Investment Grade ETF's Managers; Ratings Unchanged

null Thomas Murphy

Thomas Murphy

Analyst Note

Invesco removed Mario Clemente and Ken Purnell, two of Invesco Variable Rate Investment Grade ETF’s VRIG five named managers, on Sept. 7, 2023, and replaced them with securitized veterans David Lyle and Kevin Collins, leaving a five-person team still in place.

by Thomas Murphy
Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings VRIG

More VRIG Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 249
  • Other Holdings 10
  • % Assets in Top 10 Holdings 28.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 5.47642%

22.81
175,399,884
Government

GA Global Funding Trust 6.70825%

0.75
5,780,263
Corporate

The Charles Schwab Corporation 5.84937%

0.75
5,761,422
Corporate

Centerpoint Energy Inc 6.00507%

0.74
5,687,105
Corporate

Freddie Mac Stacr Remic Trust 6.82809%

0.72
5,518,805
Securitized

BPCE SA 7.33308%

0.65
5,001,896
Corporate

Athene Global Funding 6.02%

0.65
4,990,008
Corporate

CONNECTICUT AVENUE SECURITIES TRUST 2023-R01 7.72873%

0.64
4,891,307
Securitized

NextEra Energy Capital Holdings Inc 6.37015%

0.63
4,851,648
Corporate

Freddie Mac Stacr Remic Trust 8.22809%

0.63
4,841,127
Securitized