ETFs › VRP

Invesco Variable Rate Preferred ETF (VRP)

preferred-stocks variable-rate interest-rate-hedge

This ETF focuses on variable rate preferred securities, offering investors exposure to a unique segment of the preferred stock market. It provides the potential for higher yields compared to traditional fixed-income investments while also offering some protection against rising interest rates. The fund can serve as a valuable tool for income-seeking investors looking to diversify their portfolio and manage interest rate risk.

Key Info

AUM $1.8B
Expense Ratio 0.50%
Inception Date May 1, 2014
Distribution Frequency Monthly
Weighting Method Market Cap
Number of Holdings 281
Tracking Index Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index

See Also

PFF PFFD PREF

Last updated: September 6, 2024