PVI
·NYSE
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Key Stats
Assets Under Management
31.03MUSD
Fund Flows (1Y)
2.49MUSD
Dividend Yield
2.22%
Discount/Premium to NAV
0.21%
Shares Outstanding
1.25M
Expense Ratio
0.25%
About Invesco Floating Rate Municipal Income ETF
Issuer
Invesco Capital Management LLC
Brand
Invesco
Inception Date
Nov 15, 2007
Structure
Open-Ended Fund
Index Tracked
ICE US Municipal AMT-Free VRDO Constrained Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
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
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.90% | +0.45% | +0.41% | +0.33% | -0.27% | +0.01% |
NAV Total Return | +0.20% | +0.80% | +2.20% | +2.30% | +8.18% | +8.79% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
New York City Municipal Water Finance Authority
4.43%
Orlando Utilities Commission
3.87%
New York State Dormitory Authority
3.87%
New York City Housing Development Corp
3.86%
State of Texas
3.25%
Florida Keys Aqueduct Authority
3.22%
City of New York NY
3.22%
District of Columbia
2.98%
Emmaus General Authority
2.58%
Connecticut Housing Finance Authority
2.26%
Top 10 Weight 33.54%
132 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-11-24 | 2025-11-24 | 2025-11-28 | 0.050 |
| 2025-10-20 | 2025-10-20 | 2025-10-24 | 0.055 |
| 2025-09-22 | 2025-09-22 | 2025-09-26 | 0.044 |
| 2025-08-18 | 2025-08-18 | 2025-08-22 | 0.033 |
| 2025-07-21 | 2025-07-21 | 2025-07-25 | 0.038 |
| 2025-06-23 | 2025-06-23 | 2025-06-27 | 0.045 |
| 2025-05-19 | 2025-05-19 | 2025-05-23 | 0.062 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
