VRIG : Invesco Variable Rate Investment Grade ETF

VRIG is a Alternative Market Short with MODERATE fees.

VRIG

Invesco Variable Rate Investment Grade ETF

FI Score

48 /100

Expense Ratio Rating

7 /10

Expense Rating

7 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

48% FI Score
  • vrig
  • ETF
  • Alternative
  • Short

Invesco Variable Rate Investment Grade ETF

Expenses: 0.30% (Better than 1% of similar funds)

This is a bad choice for a Short Alternative fund. See why ยป

Fund Summary

The investment seeks to generate current income while maintaining low portfolio duration as a primary objective and capital appreciation as a secondary objective. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of investment-grade, variable rate or floating rate debt securities. At least 80% of its net assets (plus any borrowings for investment purposes) will be invested in Variable Rate Instruments that are, at the time of purchase, investment grade (or in affiliated ETFs that invest primarily in any or all of the foregoing securities).

Largest Holdings

Amount Holding
6.84% United States Treasury Notes 0.28%
1.83% Federal National Mortgage Association 2.94%
1.74% Federal Home Loan Mortgage Corporation 2.54%
1.72% Invitation Homes Tr 2017-Sfr2 2.2%
1.65% Banco Santander, S.A. 2.87%
1.64% Athene Global Funding 2015-1 2.67%
1.60% Federal Farm Credit Banks 3.04%
1.47% Federal Home Loan Mortgage Corporation 2.79%
1.43% Federal Farm Credit Banks 2.49%

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