VRIG - VRIG: For Those Expecting Higher For Longer
2024-04-04 04:41:13 ET
Summary
- Invesco Variable Rate Investment Grade ETF offers stable income and low portfolio duration for investors concerned about an uncertain inflation outlook.
- VRIG primarily invests in high-grade variable rate instruments and has a current yield of 6.2%.
- The fund's holdings are diverse and predominantly consist of U.S. Treasury Floating Rate Notes and high-grade corporate bonds.
The inflation outlook looks increasingly uncertain, and despite the Fed signaling its intent to cut rates this year, the reality is no one really knows for sure what happens next. If you're an investor looking for stable income and low portfolio duration to remove the risk that rates don't fall or even rise further, you might want to consider the Invesco Variable Rate Investment Grade ETF ( VRIG ). VRIG is an actively managed ETF that primarily invests in high-grade variable rate instruments. The fund's objective is to generate current income while maintaining a low portfolio duration. A secondary objective is capital appreciation....
VRIG: For Those Expecting Higher For Longer