Invesco Floating Rate Municipal Income ETFInvesco Floating Rate Municipal Income ETFInvesco Floating Rate Municipal Income ETF

Invesco Floating Rate Municipal Income ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪27.28 M‬USD
Fund flows (1Y)
‪−9.93 M‬USD
Dividend yield (indicated)
2.70%
Discount/Premium to NAV
−0.05%
Shares outstanding
‪1.10 M‬
Expense ratio
0.25%

About Invesco Floating Rate Municipal Income ETF


Issuer
Invesco Ltd.
Brand
Invesco
Home page
Inception date
Nov 15, 2007
Structure
Open-Ended Fund
Index tracked
ICE U.S. Municipal AMT-Free VRDO Constrained Index
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PVI is a passively managed ETF that tracks an index that invests in variable rate demand obligations (VRDOs) issued by US municipalities that are exempt from federal taxes. Securities should be denominated in USD and have at least one day remaining term to final maturity. Although VRDOs are typically issued with long-dated maturities, such notes can pay short-term interest to investors. The fund selects investment-grade VRDOs with interest rates that reset daily, weekly, or monthly. The funds holdings are weighted by market value and rebalanced monthly. Prior to March 24, 2021, the fund was called Invesco VRDO Tax-Free Weekly ETF that tracked the Bloomberg U.S. Municipal AMT-Free Weekly VRDO Index. Prior to August 28, 2023, the ETF's name was Invesco VRDO Tax-Free ETF.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Floating rate
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
AMT-free
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal97.32%
Cash2.68%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.