# Invesco Variable Rate Preferred ETF (VRP) — Overview

VRP · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/vrp

## Price

Last close $23.76 on Oct 15, 2026. 52-week range $23.64 – $24.75.

## Fund profile

VRP tracks a market-value-weighted index of variable- and floating-rate preferred stocks.

| Metric | Value |
| --- | --- |
| Issuer | Invesco Capital Management LLC |
| Industry | — |
| Inception | May 1, 2014 |
| Assets under management | $3.0B |
| Expense ratio | 0.50% |
| Net asset value | $23.68 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Invesco Variable Rate Preferred ETF (VRP)?

VRP tracks a market-value-weighted index of variable- and floating-rate preferred stocks.

### What is VRP's expense ratio?

Invesco Variable Rate Preferred ETF charges an annual expense ratio of 0.50%. The fund is issued by Invesco Capital Management LLC.

### How large is VRP?

Invesco Variable Rate Preferred ETF manages $3.0B in assets and has traded since May 1, 2014.

### How do I buy shares of Invesco Variable Rate Preferred ETF (VRP)?

VRP trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).