Invesco Variable Rate Investment Grade ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
The Invesco Variable Rate Investment Grade Portfolio is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities. |
Category | Aggregate |
Fund Sponsor | Invesco PowerShares |
Website | www.invesco.com |
Inception date | Sep 20, 2016 |
Assets (mns) | $862 |
Currency | USD |
Expense ratio | 30 bp |
Distributions | Monthly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Proprietary |
Index replication |
No. of constituents | 208 |
No of distinct issuers | 156 |
Inflation protected | 0% |
Variable/Fixed coupon | 100% /0% |
Non-standard maturity (callable, etc.) | 80% |
0.0% 1/31/21 | 5.9 % |
0.0% 4/30/21 | 3.2 % |
0.0% /00/00 | 2.7 % |
STRUCTURED AGENCY CRE 3.8% 3/25/29 | 2.1 % |
STRUCTURED AGENCY CRE 5.3% 4/25/28 | 1.8 % |
CONNECTICUT AVENUE SE 5.4% 7/25/24 | 1.7 % |
STRUCTURED AGENCY CRE 4.4% 5/25/25 | 1.6 % |
STACR 2016-HQA4 3.7% 4/25/29 | 1.6 % |
STRUCTURED AGENCY CRE 5.3% 7/25/28 | 1.5 % |
INVITATION HOMES 2017 3.9% 12/17/36 | 1.4 % |
TOTAL | 23.3 % |
---|
GOLDMAN SACHS GROUP, INC. | 2.9% |
ATHENE GLOBAL FUNDING | 2.0% |
CITIGROUP INC. | 1.8% |
ING GROEP NV | 1.5% |
NEXTERA ENERGY CAPITAL HOLDINGS, I... | 1.3% |
UNITED STATES | 33.3 % | |
UNITED KINGDOM | 3.0 % | |
NETHERLANDS | 1.5 % | |
CANADA | 1.2 % | |
SWEDEN | 0.7 % |
HISTORICAL RETURNS
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
1.4% | 8.0% | 3.3% | -- | 3.0% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 0.05 | 5% |
S&P500 | 0.01 | 2% |
MSCI EAFE | 0.03 | 8% |
MSCI Emg. Mkts. | 0.03 | 8% |
Recent close | $25.08 |
30d moving avg. | $24.95 |
Annualized volatility | 1.6% |
Short interest (ETF) | 0.3% |
Relative strength (RSI) | 62 |
Avg. volume (thou.) | 503 |
Avg. daily value traded (mns) | $13 |
Turnover | 1.5% |
Bid/Ask (% of price) | 0.04 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
VRIG | 1.7 yrs | Category Avg.* |
4.8 yrs |
VRIG | 1.7% | Category Avg.* |
4.7% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 5.83% | -5.0% | $23.81 |
+200 bp | 4.83% | -3.4% | $24.24 |
+150 bp | 4.33% | -2.5% | $24.45 |
+100 bp | 3.83% | -1.7% | $24.66 |
+75 bp | 3.58% | -1.3% | $24.76 |
+50 bp | 3.33% | -0.8% | $24.87 |
+25 bp | 3.08% | -0.4% | $24.97 |
0 bp | 2.83% | 0% | $25.08 |
-25 bp | 2.58% | 0.4% | $25.19 |
-50 bp | 2.33% | 0.8% | $25.29 |
-75 bp | 2.08% | 1.3% | $25.40 |
-100 bp | 1.83% | 1.7% | $25.50 |
-150 bp | 1.33% | 2.5% | $25.71 |
-200 bp | 0.83% | 3.4% | $25.93 |
-300 bp | -0.17% | 5.1% | $26.35 |
*Fund Category: AGGREGATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 283 | bp |
Less: Annual "default factor" | 10 | bp |
Less: Expense ratio | 30 | bp |
Equals: ALTAR Score | 2.43 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.3% |
Corporate | 4.2% |
Emerging Market | 6.0% |
Government | 4.4% |
Inflation Protected | 2.8% |
Mortgage | 5.0% |
Municipals | 3.3% |
*Note: The Invesco Variable Rate Investment Grade ETF is classified as a Aggregate fund. |