The Invesco Variable Rate Preferred ETF (VRP) is a strategic financial instrument designed for investors seeking exposure to the dynamic world of floating rate preferred securities within the broader corporate credit market. As a distinguished member of the "Broad Credit" category with a specialized focus on "Preferred" securities, VRP stands out by capitalizing on the potential benefits of variable rate investments. This ETF is meticulously crafted to navigate interest rate fluctuations, offering a unique opportunity for those looking to mitigate interest rate risk while still accessing the income potential of preferred securities. By investing in a diverse portfolio of variable rate preferred stocks and hybrid securities, VRP not only provides a hedge against rising rates but also ensures a steady stream of income, making it an enticing option for income-focused investors. Whether you are looking to balance your portfolio with credit-oriented assets or seeking to optimize returns in a rising rate environment, the Invesco Variable Rate Preferred ETF offers a compelling blend of stability, diversification, and potential growth.
Invesco Variable Rate Preferred ETF (VRP) Fund Flow Chart
Invesco Variable Rate Preferred ETF (VRP) 1 year Net Flows: $339M
VRP ETF FAQ
What was VRP’s price range in the past 12 months?
VRP lowest ETF price was $23.40 and its highest was $24.67 in the past 12 months.