Invesco Variable Rate Investment Grade ETF (VRIG)
VRIG: Simple Variable-Rate Investment-Grade ETF, Higher-Yield Alternative To T-Bills
The Invesco Variable Rate Investment Grade ETF invests in high-quality, variable rate securities. Overall risk-return profile is closest to t-bills, with a bit more in risk, a bit more in income and yield, with a 4.4% SEC yield. I rate VRIG a buy due to solid fundamentals, favorable macro conditions, and a reliable yield premium over t-bills.
VRIG: Income ETF Offsetting Interest Rate Risk (Rating Upgrade)
Invesco Variable Rate Investment Grade ETF is upgraded to "Buy," due to rising rate pressures and proven resilience in volatile environments. VRIG delivers a 4.7% yield from investment-grade floating-rate debt, featuring low duration (0.16 years) and strong credit quality. Compared to peers, VRIG offers competitive returns and yield, with shallow drawdowns, though it carries sector risk via MBS exposure.
Is VRIG Worth a Look? Auour Investments Thinks So, Initiating a $7.4 Million Stake
Auour Investments initiated a new stake in VRIG, acquiring 293,991 shares during the first quarter; the estimated transaction value was $7.4 million based on quarterly average pricing. This new stake represents a 2.3% change in reportable 13F assets under management (AUM) for the quarter.
Cherry Creek Investment Advisors Inc. Boosts Position in Invesco Variable Rate Investment Grade ETF $VRIG
Cherry Creek Investment Advisors Inc. grew its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ: VRIG) by 3.1% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 696,853 shares of the company's stock after
VRIG ETF: Income Stability Remains Reasonable
Invesco Variable Rate Investment Grade ETF holds floating-rate instruments in its portfolio, providing stable returns amid market volatility. Factors like economic uncertainty, trade disputes, and geopolitical tension make VRIG's defensive features especially reasonable. The fund could benefit its holders with a decent 4% return in 2026, being an appropriate choice for bond investors.
VRIG: Remains A Solid Hold
Investors use Invesco Variable Rate Investment Grade ETF as a short-term parking spot for cash they might need in the near future. The ETF has a very low duration profile, turning its portfolio every 7.2 months. The current SEC yield is 4.8%, but that is set to decrease with Fed Funds.
Blue Capital Inc. Takes Position in Invesco Variable Rate Investment Grade ETF $VRIG
Blue Capital Inc. purchased a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ: VRIG) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 117,271 shares of the company's stock, valued at approximately $2,938,000. Invesco Variable Rate
21,771 Shares in Invesco Variable Rate Investment Grade ETF $VRIG Acquired by Flow Traders U.S. LLC
Flow Traders U.S. LLC purchased a new position in Invesco Variable Rate Investment Grade ETF (NASDAQ: VRIG) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,771 shares of the company's stock, valued at approximately $545,000. A number
Bank of New York Mellon Corp Has $24.54 Million Holdings in Invesco Variable Rate Investment Grade ETF $VRIG
Bank of New York Mellon Corp raised its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ: VRIG) by 2.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 979,802 shares of the company's stock after purchasing an
VRIG: Variable Rate ETF With Low-Risk Profile
Invesco Variable Rate Investment Grade ETF offers a 5% yield from investment-grade, floating-rate debt with a low-risk profile due to high credit quality and short duration. The fund has kept pace with inflation since inception and compares favorably with peers, despite a higher expense ratio. About 37% of assets are in short-term treasuries and agency securities, further reducing risk and volatility for investors seeking stability.
VRIG: Attractive Yield Amid Trade Uncertainty
VRIG ETF provides a stable return while hedging the market volatility with floating rate instruments. Uncertainty regarding trade negotiations could prolong the Fed's wait-and-see posture. The fund could benefit its holders with a 4.5% return in the following 12-month period.
VRIG: A Bit Disappointing (Rating Downgrade)
This year has been challenging for asset classes, with the S&P 500 down 10%, Nasdaq down 13%, and short-term bond funds also affected. The Invesco Variable Rate Investment Grade ETF experienced a surprising -0.46% drawdown, despite its low portfolio duration of 0.22 years. VRIG's underperformance is attributed to slippage in the 'Securitized' bucket, particularly in ABS deals, despite strong credit ratings and low duration.
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.
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.
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.
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.
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.
VRIG: Floating Rate Investment Grade Securities May Not Be The Best Bet Right Now
VRIG: Floating Rate Investment Grade Securities May Not Be The Best Bet Right Now
As Investors Await Fed Rate Decision, Be Prepared with this ETF
The overwhelming majority anticipate that rate hikes will eventually dissipate, but there's no telling what the U.S. Federal Reserve will do. As such, staying mobile in the fixed income market is important.
VRIG: Simple Has Worked In 2023
VRIG: Simple Has Worked In 2023