|
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 |
| Website | www.invesco.com |
| Inception date | Sep 20, 2016 |
| Assets (mns) | $1,273 |
| 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. |
| 1.6% | 2.6% | 3.5% | -- | 3.0% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.03 | 2% |
| S&P500 | 0.01 | 1% |
| MSCI EAFE | 0.02 | 7% |
| MSCI Emg. Mkts. | 0.02 | 4% |
| Recent close | $25.15 |
| 30d moving avg. | $25.07 |
| Annualized volatility | 1.3% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 77 |
| Avg. volume (thou.) | 343 |
| Avg. daily value traded (mns) | $9 |
| Turnover | 0.7% |
| 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 | 5.64% | -5.0% | $23.88 |
| +200 bp | 4.64% | -3.4% | $24.30 |
| +150 bp | 4.14% | -2.5% | $24.51 |
| +100 bp | 3.64% | -1.7% | $24.73 |
| +75 bp | 3.39% | -1.3% | $24.83 |
| +50 bp | 3.14% | -0.8% | $24.94 |
| +25 bp | 2.89% | -0.4% | $25.04 |
| 0 bp | 2.64% | 0% | $25.15 |
| -25 bp | 2.39% | 0.4% | $25.26 |
| -50 bp | 2.14% | 0.8% | $25.36 |
| -75 bp | 1.89% | 1.3% | $25.47 |
| -100 bp | 1.64% | 1.7% | $25.57 |
| -150 bp | 1.14% | 2.5% | $25.79 |
| -200 bp | 0.64% | 3.4% | $26.00 |
| -300 bp | -0.36% | 5.1% | $26.42 |
*Fund Category: AGGREGATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
264 | bp |
| Less: Annual "default factor" |
10 | bp |
| Less: Expense ratio | 30 | bp |
| Equals: ALTAR Score | 2.24 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.7% |
| Corporate | 3.7% |
| Emerging Market | 5.3% |
| Government | 6.9% |
| Inflation Protected | 1.9% |
| Mortgage | 4.6% |
| Municipals | 3.1% |
| *Note: The Invesco Variable Rate Investment Grade ETF is classified as a Aggregate fund. | |