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S&P 500   4,282.37
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Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
NYSEARCA:VRP

Invesco Variable Rate Preferred ETF (VRP) Price, Holdings, & News

$22.19
-0.03 (-0.14%)
(As of 06/2/2023 ET)
Compare
Today's Range
$22.10
▼
$22.28
50-Day Range
$21.43
▼
$22.38
52-Week Range
$20.88
▼
$23.73
Volume
2.69 million shs
Average Volume
474,813 shs
Market Capitalization
$1.59 billion
Assets Under Management
$1.53 billion
Dividend Yield
5.50%
Net Expense Ratio
0.50%
ProfileChartDividendHeadlinesHoldingsOptions Chain
VRP stock logo

About Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

The Invesco Variable Rate Preferred ETF (VRP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of variable- and floating-rate preferred stocks. VRP was launched on May 1, 2014 and is managed by Invesco.

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VRP ETF News Headlines

May 22, 2023 | seekingalpha.com
Invesco Variable Rate Preferred ETF declares monthly distribution of $0.1157
April 24, 2023 | msn.com
Invesco Variable Rate Preferred ETF declares monthly distribution of $0.1136
June 4, 2023 | MarketBeat Internal (Ad)
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February 20, 2023 | msn.com
Invesco Variable Rate Preferred ETF declares monthly distribution of $0.1105
January 10, 2023 | nasdaq.com
Invesco Variable Rate Preferred (VRP) Shares Cross Above 200 DMA
January 5, 2023 | benzinga.com
Invesco Financial Preferred ETF (ARCA:PGF), Quotes and News Summary
December 20, 2022 | msn.com
Invesco Variable Rate Investment Grade ETF declares monthly distribution of $0.1234
December 20, 2022 | msn.com
Invesco Preferred ETF declares monthly distribution of $0.0613
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December 20, 2022 | msn.com
Invesco Variable Rate Preferred ETF declares monthly distribution of $0.1021
See More Headlines

VRP Price History

Fund Details

Issuer
Invesco
Fund Name
Invesco Variable Rate Preferred ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:VRP
Inception Date
4/28/2014
Fund Manager
Peter Hubbard, Jeffrey W. Kernagis, Richard Ose, Gary Jones, Philip Fang
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
ICE Variable Rate Preferred & Hybrid Securities Index
Category
Strategy
Focus
Preferred Stock
Development Level
Developed Markets
Region
North America
Number of Holdings
324

Fund Statistics

Assets Under Management
$1.53 billion
Average Daily Volume
$471,431.70
Discount/Premium
1.44%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
Invesco Capital Management LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Invesco Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
590,500 shs

Miscellaneous

Outstanding Shares
71,800,000
Beta
0.44
Creation Unit
100,000
Creation Fee
$500.00


Invesco Variable Rate Preferred ETF Expenses

TypeVRPPreferred Stock ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.48%0.52%0.50%0.49%
Other Expenses0.00%0.23%0.48%0.64%0.51%
Total Expense0.50%0.51%0.67%0.74%0.66%
Fee Waiver0.00%0.00%-0.49%-0.70%-0.52%
Net Expense0.50%0.52%0.58%0.57%0.55%

Invesco Variable Rate Preferred ETF (VRP) Holdings & Exposure

Top 10 VRP Holdings

  • Wells Fargo & Company 3.9%
    Holding Weight: 1.37%
  • JPMorgan Chase & Co. 4.6%
    Holding Weight: 1.29%
  • Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4
    Holding Weight: 1.20%
  • General Electric Company 8.19629%
    Holding Weight: 1.17%
  • BP Capital Markets plc 4.375%
    Holding Weight: 1.11%
  • The Charles Schwab Corporation 5.375%
    Holding Weight: 1.10%
  • BP Capital Markets plc 4.875%
    Holding Weight: 1.06%
  • JPMorgan Chase & Co. 5%
    Holding Weight: 1.00%
  • Bank of America Corporation 5.875%
    Holding Weight: 0.94%
  • Vodafone Group PLC 7%
    Holding Weight: 0.93%

VRP Sector Exposure

VRP Industry Exposure

Full Holdings Details













VRP ETF - Frequently Asked Questions

How have VRP shares performed in 2023?

Invesco Variable Rate Preferred ETF's stock was trading at $22.39 at the beginning of 2023. Since then, VRP stock has decreased by 0.9% and is now trading at $22.19.
View the best growth stocks for 2023 here.

How often does Invesco Variable Rate Preferred ETF pay dividends? What is the dividend yield for Invesco Variable Rate Preferred ETF?

Invesco Variable Rate Preferred ETF announced a dividend on Monday, January 2nd. Stockholders of record on Tuesday, May 23rd will be given a dividend of $0.1157 per share on Friday, May 26th. The ex-dividend date of this dividend is Monday, May 22nd.
Read our dividend analysis for VRP.

What does VRP invest in?

Invesco Variable Rate Preferred ETF is a equity fund issued by Invesco. VRP focuses on preferred stock investments and follows the ICE Variable Rate Preferred & Hybrid Securities Index. The fund's investments total to approximately $1.53 billion assets under management.

What is the management fee for Invesco Variable Rate Preferred ETF?

Invesco Variable Rate Preferred ETF's management fee is 0.50% and has no other recorded expenses or fee waivers. The net expense ratio for VRP is 0.50%.

What other stocks do shareholders of Invesco Variable Rate Preferred ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Variable Rate Preferred ETF investors own include Verizon Communications (VZ), Invesco Preferred ETF (PGX), Lam Research (LRCX), iShares Preferred and Income Securities ETF (PFF), Boeing (BA), Bank of America (BAC), CVS Health (CVS), Enterprise Products Partners (EPD), Gilead Sciences (GILD) and Johnson & Johnson (JNJ).

What is Invesco Variable Rate Preferred ETF's stock symbol?

Invesco Variable Rate Preferred ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "VRP."

Who are Invesco Variable Rate Preferred ETF's major shareholders?

Invesco Variable Rate Preferred ETF's stock is owned by many different retail and institutional investors. Top institutional investors include Bank of America Corp DE (5.16%), UBS Group AG (3.60%), JPMorgan Chase & Co. (3.58%), Advisory Alpha LLC (2.17%), Stephens Inc. AR (2.03%) and Advisors Capital Management LLC (1.23%).

How do I buy shares of Invesco Variable Rate Preferred ETF?

Shares of VRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Invesco Variable Rate Preferred ETF's stock price today?

One share of VRP stock can currently be purchased for approximately $22.19.

How much money does Invesco Variable Rate Preferred ETF make?

Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) has a market capitalization of $1.59 billion.

This page (NYSEARCA:VRP) was last updated on 6/4/2023 by MarketBeat.com Staff

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