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.
Invesco Variable Rate Investment Grd ETF VRIG
Morningstar’s Analysis VRIG
Will VRIG outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 26.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 5.54507% | 14.17 | 116.6 Mil | Government |
United States Treasury Notes 5.47007% | 6.47 | 53.2 Mil | Government |
Invesco Shrt-Trm Inv Gov&Agcy Instl | 1.04 | 8.5 Mil | Cash and Equivalents |
The Charles Schwab Corporation 5.86382% | 0.80 | 6.6 Mil | Corporate |
Bank of America Corp. 6.31523% | 0.80 | 6.6 Mil | Corporate |
American Honda Finance Corporation 6.04441% | 0.79 | 6.5 Mil | Corporate |
Pacific Life Global Funding II 6.19416% | 0.79 | 6.5 Mil | Corporate |
Freddie Mac Stacr Remic Trust 8.67039% | 0.76 | 6.3 Mil | Securitized |
NextEra Energy Capital Holdings Inc 6.07% | 0.76 | 6.3 Mil | Corporate |
BPCE SA 7.32534% | 0.74 | 6.1 Mil | Corporate |