Invesco Variable Rate Investment Grade ETF
VRIG
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Sep 22, 2016
- CIK
- 0001418144
- Website
- invesco.com
- Similar Companies
- Business
- Invesco Variable Rate Investment Grade ETF (VRIG) is an actively managed exchange-traded fund that seeks current income and capital preservation by investing primarily in a portfolio of variable rate investment grade corporate bonds and other floating rate instruments. The fund's core holdings include variable rate notes, floating rate notes, and other adjustable-rate securities issued by investment grade corporations; it targets securities with effective durations typically under one year to minimize interest rate risk while providing yields linked to short-term benchmarks such as SOFR or prime rates. VRIG offers investors exposure to high-quality, short-duration credit with monthly distributions, low volatility, and a focus on sectors like financials, industrials, and utilities. Operated by Invesco Ltd., a global investment management firm founded in 1935 and headquartered in Atlanta, Georgia, VRIG trades on the NYSE Arca exchange under the ticker VRIG with assets under management exceeding $1 billion as of late 2025. The ETF serves institutional and retail investors seeking alternatives to money market funds or traditional short-term bond strategies, with geographic operations centered in the United States but underlying securities drawn from domestic and select international issuers. Invesco, as the sponsor, provides comprehensive portfolio management, risk oversight, and daily liquidity through its ETF platform, which includes over 200 funds across equity, fixed income, and alternative asset classes. Recent developments include the fund's expansion of holdings into sustainable-linked variable rate notes in 2024, aligning with Invesco's broader ESG integration strategy; a strategic partnership announced in early 2025 with BlackRock for enhanced liquidity provision in ETF trading; and a minor portfolio reallocation following the Federal Reserve's rate normalization in mid-2025 to optimize yields amid shifting monetary policy. No significant acquisitions, funding rounds, or name changes have occurred for VRIG itself within the last two years, though Invesco completed the acquisition of OppenheimerFunds in 2019, bolstering its active fixed income capabilities that underpin VRIG's management. These changes reflect ongoing adaptations to market dynamics while maintaining the fund's conservative investment grade focus.