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Invesco Variable Rate Preferred ETF: (VRP)

(Real Time Quote from BATS) As of Apr 25, 2024 10:12 AM ET

$23.44 USD

23.44
17,537

-0.08 (-0.34%)

Volume: 17,537

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

ETF Quote Details

Previous Close 23.52
Open 23.48
Bid 23.45
Ask 23.46
Day Low-High 23.44-23.56
52wk Low-High 21.36-23.87
Volume 16,719
NAV (month end) 23.74
Premium (+)/Discount (-) (month end)-0.22

Zacks Premium Research for VRP

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA
ETF Risk

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

NA
ETF Research Report

ETF Expense Ratio

Expense Ratio 0.50%
Dividend (Yield) $1.50 (6.40%)
Issuer INVESCO

Benchmark for VRP

ICE VARIABLE RT PREF & HYBRID SEC INDEX

The ICE Variable Rate Preferred & Hybrid Securities Index is a market capitalization-weighted index designed to track the performance of preferred stock, as well as certain types of hybrid securities that are functionally equivalent to preferred stock, that are issued by US-based or foreign issuers and that pay a floating or variable rate dividend or coupon.

Fund Summary for VRP

INVESCO VARIABLE RATE PREFERRED ETF

The Invesco Variable Rate Preferred ETF is based on the ICE Variable Rate Preferred & Hybrid Securities Index.