VRIG

Holdings as of 2026-10-30. Derivatives are shown using their reported instrument names.

Issuer

Invesco

Inception

2016-09-22

Exchange

NASDAQ

CUSIP

46090A879

Structure

—

Benchmark

—

Leverage

1x

Reset

—

The Invesco Variable Rate Investment Grade ETF (VRIG) is an actively managed exchange-traded fund (ETF) primarily designed to generate current income and maintain a low portfolio duration, with capital appreciation serving as a secondary objective. Typically, under normal market conditions, the Fund allocates at least 80% of its net assets, including any borrowed capital, to U.S.-issued, U.S. dollar-denominated, variable rate instruments of investment-grade quality. The sub-adviser, Invesco Advisers, Inc., targets a diverse range of holdings, including floating rate U.S. Treasuries, government-sponsored agency mortgage-backed securities, U.S. Agency debt, structured securities, and floating rate investment-grade corporate instruments. Additionally, the Fund retains the flexibility to invest in other security types detailed in its prospectus, allowing for up to a 20% allocation to non-investment grade securities. As of August 31, 2025, Morningstar Inc. awarded the Fund an overall 5-star rating among 211 eligible funds. It also received 5 stars for the 3-year period (out of 211 funds) and the 5-year period (out of 183 funds), with no 10-year rating available. Morningstar ratings are determined by a risk-adjusted return methodology that weighs monthly performance variations, emphasizing downside risk and valuing consistent results. For comparison purposes, open-end mutual funds and ETFs are grouped together. A minimum three-year performance history is required for a rating. The overall rating represents a weighted average of the available 3-, 5-, and 10-year metrics, inclusive of fees and expenses but exclusive of sales charges. This information is proprietary to Morningstar Inc. and/or its content providers, ©2025, with all rights reserved. It should not be copied or distributed, and its accuracy, completeness, or timeliness is not guaranteed. Neither Morningstar nor its content providers bear responsibility for any damages or losses resulting from its use. Investors should note that past performance offers no assurance of future outcomes. Morningstar's star distribution awards five stars to the top 10% of funds in a category, four stars to the next 22.5%, three stars to the subsequent 35%, two stars to the following 22.5%, and one star to the lowest 10%. These ratings are subject to monthly adjustments. Furthermore, if fees had not been waived or expenses reimbursed, either currently or historically, the Morningstar rating would have been lower. Ratings for alternative share classes may also differ based on varying performance characteristics.

Reported net asset value

$25.02

NAV provider updated

2026-10-30 UTC

Premium / discount

—

Median spread · 30D

—

Average volume · 30D

661.6K

Shares outstanding

—

Options

—

TTM distribution yield

4.5%

30-day SEC yield

—

Frequency

—

Latest ex-date

2026-10-19

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Net expense ratio

0.30%

Gross expense ratio

—

Management fee

—

Annual cost per $10,000

$30.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

Our risk indicator

2/5 · rule-based

Annualized volatility · 1Y

0.64%

Beta vs VOO · 1Y

0.00

Maximum drawdown · 1Y

▼ −0.4%

Historical risk measures describe past behavior and do not predict future returns.