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Invesco VRDO Tax-Free ETF
PVI performance and flow charts
Performance
Flows
Historic performance and flows
Data as of October 16, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.22% | +0.58% | +1.55% | +2.10% | +7.49% | +10.52% |
| Flows | +$4M | +$2M | +$4M | +$2M | -$5M | -$16M |
Characteristics
The Invesco VRDO Tax-Free ETF is built to track the ICE US Municipal AMT-Free VRDO Constrained Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | Invesco |
| N° of holdings | 150 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | November 15, 2007 |
| ESG | No |
More data and info about PVI on Trackinsight
Exposure
Data as of August 31, 2026Diversification
Total weight of top 15 holdings out of 150
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +0.09% | +0.15% | +0.13% | +0.14% |
Max drawdown | -0.06% | |||
Max drawdown duration | N/A | N/A | N/A | 231d |
Time to recover | N/A | N/A | N/A | 85d |
Replication quality
Data as of October 18, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is PVI?
PVI is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Invesco.
What index does PVI track?
PVI tracks the ICE US Municipal AMT-Free VRDO Constrained Index - USD, aiming to replicate its performance through optimized sampling.
What does PVI invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of PVI?
The total expense ratio (TER) of PVI is 0.25%, representing the annual fee charged by the fund manager.
When was PVI launched?
PVI was launched on November 15, 2007, marking its entry into the ETF market.
Who is the issuer of PVI?
PVI is issued by Invesco.
What is the AUM of PVI?
As of October 16, 2026, PVI manages $34.80 M, reflecting the total assets held in the fund.
How has PVI performed recently?
As of October 16, 2026, PVI delivered a return of 0.22% over the past month (1M performance), 0.58% over the past three months (3M), and 1.55% year-to-date (YTD).
What are the recent fund flows for PVI?
As of October 16, 2026, PVI has seen net flows of +$4M in the past month (1M flow) and +$4M year-to-date (YTD).
Does PVI pay dividends?
As of October 16, 2026, PVI has a trailing 12-month distribution yield of 2.11%.
How many holdings are in PVI
As of August 31, 2026, PVI holds 150 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is PVI?
As of August 31, 2026, PVI holds 150 securities, with 33.14% of its assets concentrated in its top 15 holdings.
What are the top holdings of PVI?
As of August 31, 2026, PVI holds a portfolio of 150 underlyings, with its largest positions including US64972GAS30, US64966TAF12 and Texas, FRN 1jun2046, USD (2015B). These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does PVI invest in?
As of August 31, 2026, PVI has its largest geographic exposures in USA.
What sectors or themes does PVI focus on?
As of August 31, 2026, PVI is primarily exposed to Municipal.
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