VRPS
•
Equity
INVESCO VARIABLE RATE PREFERRED SHARES UCITS ETF
TER (bps):
50
AUM (USD m):
12
ISIN:
IE00BG21M733
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
20 Nov 2024
Climate Fund:
No
Benchmark
The ICE Diversified Variable Rate Preferred & Hybrid Securities Index is designed to track the performance of floating and variable rate investment grade and sub-investment grade U.S. dollar-denominated preferred and hybrid securities (debt securities with equity features) publicly issued by corporations in the U.S. domestic market. Index constituents are market capitalisation weighted subject to a 10% issuer cap. Securities must have a par value of $25 or $1000, securities with a $1000 par value must be rated by at least one of Moodys, S&P or Fitch and those rated below investment grade based on an average of available ratings must also have a country of risk associated with a developed markets country.
PERFORMANCE
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