Invesco Variable Rate Investment Grade ETFVRIG
VRIG
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
20% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 41
7% more capital invested
Capital invested by funds: $754M [Q2] → $808M (+$53.9M) [Q3]
5.07% more ownership
Funds ownership: 71.18% [Q2] → 76.24% (+5.07%) [Q3]
4% more funds holding
Funds holding: 113 [Q2] → 117 (+4) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for VRIG.
Financial journalist opinion
Positive
Seeking Alpha
3 months ago
VRIG: There Are Better Alternatives
Invesco Variable Rate Investment Grade ETF provides exposure to floating rate investment grade credit securities. VRIG ETF has delivered modest returns since October, outperforming expectations due to the U.S. economy's solid growth. However, a comparison against peers shows VRIG has underperformed, with higher credit risk, but lower returns compared to JAAA.
Positive
Seeking Alpha
8 months ago
VRIG: Reasonable Pledge To Sill High Interest Rates
VRIG's moderate and stable returns could last for longer in this elevated interest rate environment. The expectations for a quick Fed's pivot dissipated amid the acceleration in US inflation, thus increasing the attractiveness of floaters. The fund could deliver another 5% return in the following 12-month period.
Positive
Zacks Investment Research
8 months ago
Floating Rate Bond ETF (VRIG) Hits New 52-Week High
For investors seeking momentum, Invesco Variable Rate Investment Grade ETF VRIG is probably on radar. The fund just hit a 52-week high and is up 2% from its 52-week low price of $24.76/share.
Positive
Seeking Alpha
8 months ago
VRIG: For Those Expecting Higher For Longer
Invesco Variable Rate Investment Grade ETF offers stable income and low portfolio duration for investors concerned about an uncertain inflation outlook. VRIG primarily invests in high-grade variable rate instruments and has a current yield of 6.2%. The fund's holdings are diverse and predominantly consist of U.S. Treasury Floating Rate Notes and high-grade corporate bonds.
Positive
Seeking Alpha
1 year ago
VRIG: Could Keep Delivering A 6.3% Yield Well Into 2024
VRIG is an actively managed fixed income ETF that invests primarily in high-grade variable rate instruments. Despite holding collateral with longer maturities, VRIG maintains a low duration profile due to its floating-rate nature, reducing sensitivity to interest rate changes. The fund's portfolio is diversified with a focus on high-grade bonds, treasuries, and securitization sectors to mitigate credit spread risk. Single issuer concentration is kept minimal.
Charts implemented using Lightweight Charts™