Invesco Variable Rate Investment Grade ETF (VRIG) Stock

VRIG

Invesco Variable Rate Investment Grade ETF VRIG NASDAQ · Financials · United States

$25.06 -0.04% -$0.01

Summary

Invesco Variable Rate Investment Grade ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 365. The ten largest make up 26% of the fund.

Yearly costs: 0.30%
Fund size: $2.00B
Positions: 365
Dividend yield: 4.51%
Running since: 2016

What speaks for it

Widely spread: the ten largest positions make up only 26% of the fund.
A large fund with $2.00B under management.
Easy to buy and sell: about $15.7M changes hands a day.
It has been running since 2016.

What to watch

88% of the fund is in one country (United States).
Costs of 0.30% a year are above the middle of comparable funds (0.20%).

A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.

1 month: -0.1%
3 months: -0.2%
This year: -0.2%
1 year: -0.3%
3 years: +0.4%
5 years: -0.1%
10 years: +0.2%

What is inside?

Widely spread

1 United States Treasury Floating Rate Note 4.15% 07/31/2028 8.2%
2 United States Treasury Floating Rate Note 4.21% 04/30/2028 6.8%
3 United States Treasury Floating Rate Note 4.29% 10/31/2027 3.5%
4 United States Treasury Floating Rate Note 4.26% 07/31/2027 2.0%
5 United States Treasury Note/Bond 4.13% 08/31/2028 1.7%
6
AG
Invesco Government & Agency Portfolio Institutional Class AGPXX 0.9%
7 United States Treasury Floating Rate Note 4.20% 01/31/2028 0.8%
8 Connecticut Avenue Securities Trust 2022-R06 7.74% 05/25/2042 0.8%
9 Citigroup Inc 5.37% 05/07/2031 0.7%
10 Freddie Mac STACR REMIC Trust 2022-DNA2 7.64% 02/25/2042 0.7%

Positions in the fund: 365. The ten largest make up 26% of it.

Composition as of Nov 14, 2026.

Where is it spread?

One country

By country

United States 88%
United Kingdom 3.4%
Japan 2.2%
France 1.9%
Other countries 4.5%

Largest country: United States (88%).

What does it cost me?

Expensive

This fund 0.30%

Middle of comparable ETFs 0.20%

A year from $10,000: $30.00
Over 20 years: $1,476

From every $10,000 invested the fund takes $30.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,476.

How has it done?

Growing slowly

+0.3%

-1.4%

+1.1%

+0.5%

-0.1%

20212022202320242025

A year on average, 10 years: 0.0%
Deepest drop: -2.7%
Yearly volatility: 1.3%

Average yearly growth over the last ten years: 0.0%. Deepest drop in these years: 2.7% below the earlier high.

Does it pay dividends?

Yes, it pays out

0.19

0.59

1.49

1.53

1.25

20212022202320242025

Yield: 4.51%
Payments a year: 12
Last payment: $0.09

Over the last 12 months it paid $1.13 per share, which is 4.51% of today's price. The last payment was $0.09 on Oct 19, 2026.

Is it easy to buy and sell?

Very easy

Traded a day: $15.7M
Shares a day: 628K

On an average day about $15.7M of the fund changes hands.

About the fund

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.

Issuer: Invesco
Asset class: Fixed Income
Domicile: United States
Launched: Sep 22, 2016
Net asset value per share: $25.05

Fund page at the issuer

Ask StockBot about VRIG

Online

Ask about this

What speaks for it

What to watch

Price

Performance

By country