Free Trial
NYSEARCA:VRP

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

Invesco Variable Rate Preferred ETF logo
$24.40
-0.02 (-0.08%)
(As of 10/31/2024 ET)

About Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Key Stats

Today's Range
$24.37
$24.51
50-Day Range
$24.12
$24.64
52-Week Range
$21.66
$24.67
Volume
222,697 shs
Average Volume
372,389 shs
Market Capitalization
$1.67 billion
Assets Under Management
$1.80 billion
Dividend Yield
5.00%
Net Expense Ratio
0.50%
Aggregate Rating
N/A

ETF Overview

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.

Invesco Variable Rate Preferred ETF Expenses

TypeVRPPreferred Stock ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.52%0.55%0.51%0.52%
Other Expenses0.00%0.60%0.49%0.58%0.53%
Total Expense0.50%0.62%0.71%0.73%0.71%
Fee Waiver0.00%0.00%-0.52%-0.68%-0.57%
Net Expense0.50%0.62%0.61%0.58%0.59%
Receive VRP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Invesco Variable Rate Preferred ETF and its competitors with MarketBeat's FREE daily newsletter.

VRP ETF News Headlines

VRP: The Value May Not Justify The Fees
The real reason Elon is fully endorsing Trump
Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump.
See More Headlines

VRP ETF - Frequently Asked Questions

Invesco Variable Rate Preferred ETF's stock was trading at $23.08 at the beginning of 2024. Since then, VRP stock has increased by 5.7% and is now trading at $24.40.
View the best growth stocks for 2024 here
.

Top institutional investors of Invesco Variable Rate Preferred ETF include Stephens Inc. AR (2.07%), Janney Montgomery Scott LLC (0.35%), Whittier Trust Co. (0.26%) and Principal Securities Inc. (0.25%).

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Invesco Variable Rate Preferred ETF investors own include Verizon Communications (VZ), AT&T (T), Exxon Mobil (XOM), Meta Platforms (META), International Business Machines (IBM), Altria Group (MO) and Gilead Sciences (GILD).

Fund Details

Issuer
Invesco
Fund Name
Invesco Variable Rate Preferred ETF
Tax Classification
Regulated Investment Company
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
300

Fund Statistics

Assets Under Management
$1.80 billion
Average Daily Volume
$315,311.00
Discount/Premium
0.06%

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
117,400 shs

Miscellaneous

Beta
0.23
Creation Unit
100,000
Creation Fee
$500.00
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Top 10 VRP Holdings

  • Invesco Government & Agency Portfolio
    Holding Weight: 2.15%
  • Wells Fargo & Co
    Holding Weight: 1.47%
  • JPMorgan Chase & Co
    Holding Weight: 1.30%
  • Citigroup Capital XIII
    Holding Weight: 1.19%
  • JPMorgan Chase & Co
    Holding Weight: 1.17%
  • BP Capital Markets PLC
    Holding Weight: 1.09%
  • Charles Schwab Corp/The
    Holding Weight: 1.07%
  • Goldman Sachs Group Inc/The
    Holding Weight: 1.07%
  • Bank of America Corp
    Holding Weight: 0.99%
  • Citigroup Inc
    Holding Weight: 0.97%

VRP Sector Exposure

VRP Industry Exposure


This page (NYSEARCA:VRP) was last updated on 10/31/2024 by MarketBeat.com Staff
From Our Partners