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VRP is a hybrid capital security, not common stock.
This listing is a capital note, preference share, or similar instrument associated with Invesco Variable Rate Preferred ETF. Data providers report company-level figures against it, so fundamentals, valuation multiples, and dividend history on this page describe the issuing company — not this instrument — and its market capitalization cannot be computed reliably, so it is not shown. The quoted price is the instrument's own.
See exactly how VRP's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for VRP and 80,000+ other tickers.
The Invesco Variable Rate Preferred ETF (the Fund) aims to mirror the performance of the ICE Variable Rate Preferred & Hybrid Securities Index. At least 90% of the Fund's assets are strategically allocated to U.S. dollar-denominated, floating and variable rate preferred stocks, as well as specific hybrid debt instruments. These securities, issued by U.S. corporations, encompass both investment-grade and below-investment-grade credit quality. The Index itself is designed to track similar U.S. dollar preferred stocks and hybrid securities, as deemed comparable by the Index Provider, issued in…
Invesco Variable Rate Preferred ETF offers moderate interest and credit risk, low volatility, and a stable asset value profile. VRP has outperformed key competitors in total return and Sharpe ratio since June 2020. With 92% exposure to financials, VRP presents sector and systemic risk despite its solid performance and low volatility.
These days, forecasting what the Federal Reserve has in store for interest rates feels like a futile endeavor. Consensus wisdom indicates the central bank is highly unlikely to cut or raise rates this month, but after that, it's anyone's guess.
The Invesco Variable Rate Preferred ETF (VRP) has delivered a 4.45% CAGR over five years, outperforming most long-duration fixed income funds during rising rate environments. With the US 10-year Treasury stable above 4% and potential rate cut expectations emerging, VRP faces reduced future return expectations both on absolute terms and relative terms. VRP's low duration and variable rate structure limit capital appreciation potential in a rate-cut scenario, while distributions may decline as underlying rates adjust downward.
Ameritas Advisory Services LLC trimmed its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 95.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,545 shares of the company's stock after selling 52,564 shares during the period. Ameritas
NPFI: Low-Volatility Preferred ETF