Invesco Variable is trading at 25.09 as of the 28th of November 2024. This is a 0.04 percent decrease since the beginning of the trading day. The etf's lowest day price was 25.09. Invesco Variable has less than a 9 % chance of experiencing financial distress in the next few years and had a excellent performance during the last 90 days. Equity ratings for Invesco Variable Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in a portfolio of investment-grade, variable rate or floating rate debt securities. Variable Rate is traded on NASDAQ Exchange in the United States. More on Invesco Variable Rate
Peter Hubbard, Philip Armstrong, Mario Clemente, Brian Norris, Ken Purnell
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
31-Oct
Exchange
NASDAQ
Number of Constituents
296
Market Maker
RBC Capital Markets
Total Expense
0.3
Management Fee
0.3
Country Name
USA
Returns Y T D
6.14
Name
Invesco Variable Rate Investment Grade ETF
Currency Code
USD
Open Figi
BBG00DW0G9X2
In Threey Volatility
1.4
1y Volatility
0.46
200 Day M A
25.1249
50 Day M A
25.1133
Code
VRIG
Updated At
27th of November 2024
Currency Name
US Dollar
Invesco Variable Rate [VRIG] is traded in USA and was established 2016-09-20. The fund is listed under Ultrashort Bond category and is part of Invesco family. The entity is thematically classified as Broad Debt ETFs. Invesco Variable Rate at this time have 593.22 M in net assets. , while the total return for the last 3 years was 4.8%.
Check Invesco Variable Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Variable Rate Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Variable. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Invesco Variable Rate is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Invesco Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Invesco Variable Rate Etf. Highlighted below are key reports to facilitate an investment decision about Invesco Variable Rate Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Variable Rate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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The market value of Invesco Variable Rate is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Variable's value that differs from its market value or its book value, called intrinsic value, which is Invesco Variable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Variable's market value can be influenced by many factors that don't directly affect Invesco Variable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Variable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Variable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Variable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.