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Invesco Floating Rate Municipal Income ETF (PVI): ETF

ETF traded on ARCX under symbol PVI. Quoted in usd.

Invesco Floating Rate Municipal Income ETF logo

Invesco Floating Rate Municipal Income ETF

-0.20%$24.82
ARCX:PVIFixed Income
AUM $36M·YTD --·Yield --
Invesco Floating Rate Municipal Income ETF logoARCX:PVI$24.82-0.20%
About PVI

The Invesco Floating Rate Municipal Income ETF (PVI) aims to replicate the performance of the ICE US Municipal AMT-Free VRDO Constrained Index. This Fund typically allocates a minimum of 80% of its total assets to U.S. dollar-denominated, tax-exempt variable rate demand obligations (VRDOs). The benchmark Index itself monitors tax-free VRDOs publicly issued by U.S. states, territories, and their various political subdivisions, all of which feature interest rates that are adjusted daily, weekly, or monthly. Rather than acquiring every constituent security of the Index, the Fund utilizes a "sampling" strategy to fulfill its investment objective. Both the Fund and its tracking Index undergo rebalancing at the conclusion of the final calendar day of each month. It's noteworthy that, effective after the close of markets on August 25, 2023, the Fund's name was updated from Invesco VRDO Tax-Free ETF to Invesco Floating Rate Municipal Income ETF, without any other modifications to the Fund's structure or operations. For more comprehensive details, please refer to the prospectus.

Largest holdings

  1. New York City Municipal Water Finance Authority 2.25% 06/15/20463.82%
  2. New York City Housing Development Corp 2.30% 10/15/20413.33%
  3. State of Texas 2.30% 06/01/20461.97%
  4. Florida Keys Aqueduct Authority 2.25% 09/01/20351.94%
  5. New York City Transitional Finance Authority Future Tax Secured Revenue 2.20% 11/01/20361.94%
  6. Illinois Finance Authority 2.20% 11/01/20381.86%
  7. City of New York NY 2.20% 06/01/20441.81%
  8. Metropolitan Transportation Authority 2.25% 11/01/20321.67%
  9. Connecticut Housing Finance Authority 2.28% 11/15/20481.39%
  10. City of Houston TX Combined Utility System Revenue 2.28% 05/15/20341.39%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
Performance Returns
Drawdown Chart
Analyst Coverage
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Total Invested
$70,000
Final Portfolio
$111,860
Total Return
+$41,860
(+59.8%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$36.00M
NAV$24.83
Premium/Discount-0.06%
Expense Ratio0.25%
Market Cap--
Shares Outstanding--
Inception DateNov. 15, 2007
Fund Details
IssuerInvesco
Asset ClassFixed Income
Beta--
SectorFinancial Services
DomicileUS
52-Week Range
$24.65$25.10
Current: $24.82
Volume
Volume2.01K
Avg Volume9.19K
Vol/Avg0.22x

30d

15.17K

60d

11.33K

90d

9.29K

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