VRIG Fees and Costs — Invesco Variable Rate Investment Grade ETF
Data updated: 2026-09-29
The net expense ratio is 0.30%. There are no sales loads or redemption fees. Portfolio turnover was 62%.
VRIG Fees and Expenses
Annual operating expenses and sales charges of VRIG. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.30% |
| Fee waiver | — |
| Net expense ratio | 0.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
VRIG Costs Over Time
On $10,000 invested in VRIG, assuming 5% a year before costs, total costs come to $190 over 5 years, cutting the return by 0.31% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.30%) | $32 | $99 | $173 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $32 | $104 | $190 |
| Value after costs | $10,468 | $11,472 | $12,573 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
VRIG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.3B
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $31.7M
- Net income from securities lending: $103K (0.008% of average net assets)
VRIG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $747.5M | 37.05% |
| MORGAN STANLEY & CO. LLC | $244.5M | 12.12% |
| WELLS FARGO SECURITIES, LLC | $240.4M | 11.92% |
| BARCLAYS CAPITAL INC. | $202.2M | 10.02% |
| RBC CAPITAL MARKETS, LLC | $130.8M | 6.48% |
| BNP PARIBAS SECURITIES CORP. | $98.9M | 4.90% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $97.0M | 4.81% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $96.2M | 4.77% |
| CITIGROUP GLOBAL MARKETS INC. | $84.0M | 4.17% |
| BOFA SECURITIES, INC. | $75.6M | 3.75% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.