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Invesco Variable Rate Investment Grade ETF
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- 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 |
| Website | www.invesco.com |
| Inception date | Sep 20, 2016 |
| Assets (mns) | $1,181 |
| 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% // | 13.5 % |
| 0.0% // | 8.5 % |
| 0.0% // | 1.3 % |
| 0.0% // | 0.8 % |
| 0.0% // | 0.7 % |
| 0.0% // | 0.6 % |
| 0.0% // | 0.6 % |
| 0.0% // | 0.6 % |
| 0.0% // | 0.6 % |
| 0.0% // | 0.6 % |
| TOTAL | 27.8 % |
|---|
| 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. |
| 0.5% | 2.9% | 3.8% | -- | 3.0% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.03 | 3% |
| S&P500 | 0.02 | 3% |
| MSCI EAFE | 0.03 | 12% |
| MSCI Emg. Mkts. | 0.02 | 7% |
| Recent close | $25.08 |
| 30d moving avg. | $25.01 |
| Annualized volatility | 1.4% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 53 |
| Avg. volume (thou.) | 281 |
| Avg. daily value traded (mns) | $7 |
| Turnover | 0.6% |
| 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 | 5.87% | -5.0% | $23.81 |
| +200 bp | 4.87% | -3.4% | $24.24 |
| +150 bp | 4.37% | -2.5% | $24.45 |
| +100 bp | 3.87% | -1.7% | $24.66 |
| +75 bp | 3.62% | -1.3% | $24.76 |
| +50 bp | 3.37% | -0.8% | $24.87 |
| +25 bp | 3.12% | -0.4% | $24.97 |
| 0 bp | 2.87% | 0% | $25.08 |
| -25 bp | 2.62% | 0.4% | $25.19 |
| -50 bp | 2.37% | 0.8% | $25.29 |
| -75 bp | 2.12% | 1.3% | $25.40 |
| -100 bp | 1.87% | 1.7% | $25.50 |
| -150 bp | 1.37% | 2.5% | $25.71 |
| -200 bp | 0.87% | 3.4% | $25.93 |
| -300 bp | -0.13% | 5.1% | $26.35 |
*Fund Category: AGGREGATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
287 | bp |
| Less: Annual "default factor" |
10 | bp |
| Less: Expense ratio | 30 | bp |
| Equals: ALTAR Score | 2.47 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.1% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.3% |
| Mortgage | 4.9% |
| Municipals | 3.5% |
| *Note: The Invesco Variable Rate Investment Grade ETF is classified as a Aggregate fund. | |