Invesco Variable Rate Etf Profile

VRIG Etf  USD 25.10  0.01  0.04%   

Performance

45 of 100

 
Weak
 
Strong
Excellent

Odds Of Distress

Less than 9

 
High
 
Low
Low
Invesco Variable is trading at 25.10 as of the 31st of January 2025. This is a 0.04 percent increase since the beginning of the trading day. The etf's lowest day price was 25.1. Invesco Variable has less than a 9 % chance of experiencing financial distress in the next few years and had a excellent performance during the last 90 days. Note, on December 3, 2024, Senator Markwayne Mullin of US Senate acquired $250k to $500k worth of Invesco Variable Rate's common stock.
The fund invests at least 80 percent of its net assets in a portfolio of investment-grade, variable rate or floating rate debt securities. Variable Rate is traded on NASDAQ Exchange in the United States. More on Invesco Variable Rate

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Invesco Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Grade ETFs, Broad Debt ETFs, Ultrashort Bond, Invesco (View all Sectors)
IssuerInvesco
Inception Date2016-09-22
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management1.21 Billion
Average Trading Valume461,786.8
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, Philip Armstrong, Mario Clemente, Brian Norris, Ken Purnell
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents301
Market MakerRBC Capital Markets
Total Expense0.3
Management Fee0.3
Country NameUSA
Returns Y T D0.38
NameInvesco Variable Rate Investment Grade ETF
Currency CodeUSD
Open FigiBBG00DW0G9X2
In Threey Volatility1.36
1y Volatility0.41
200 Day M A25.1302
50 Day M A25.1273
CodeVRIG
Updated At31st of January 2025
Currency NameUS Dollar
Invesco Variable Rate [VRIG] is traded in USA and was established 2016-09-20. The fund is listed under Ultrashort Bond category and is part of Invesco family. The entity is thematically classified as Investment Grade ETFs. Invesco Variable Rate at this time have 593.22 M in net assets. , while the total return for the last 3 years was 5.1%.
Check Invesco Variable Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Variable Rate Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Invesco Variable Rate Etf Constituents

AGPXXInvesco Short Term InvestmentsMoney Market FundUS Money Market Fund
VRPInvesco Variable RateEtfPreferred Stock
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Invesco Variable Top Holders

OAMIXOppenheimer Moderate InvestorMutual FundAllocation--50% to 70% Equity
PKTFXInvesco Peak RetirementMutual FundTarget-Date 2025
PKTEXInvesco Peak RetirementMutual FundTarget-Date 2025
PSMCPSMCEtfAllocation--15% to 30% Equity
PKTDXInvesco Peak RetirementMutual FundTarget-Date 2025
PXMMXInvesco Select RiskMutual FundAllocation--50% to 70% Equity
PXMQXInvesco Select RiskMutual FundAllocation--50% to 70% Equity
PXCIXInvesco Select RiskMutual FundAllocation--30% to 50% Equity
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Invesco Variable Rate Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Variable. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Invesco Variable Against Markets

When determining whether Invesco Variable Rate is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Invesco Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Invesco Variable Rate Etf. Highlighted below are key reports to facilitate an investment decision about Invesco Variable Rate Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Variable Rate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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The market value of Invesco Variable Rate is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Variable's value that differs from its market value or its book value, called intrinsic value, which is Invesco Variable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Variable's market value can be influenced by many factors that don't directly affect Invesco Variable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Variable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Variable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Variable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.