VRP ETF offers safer investment strategies than peers

The Invesco Variable Rate Preferred ETF (VRP) is gaining attention as a safer investment option among other similar funds. Launched on May 1, 2014, VRP focuses on tracking the ICE Variable Rate Preferred & Hybrid Securities Index. It currently holds 313 different securities and has a 30-day SEC yield of 5.47%. The ETF also boasts a low expense ratio of 0.50%. Many high-yield exchange-traded funds (ETFs) and closed-end funds face issues like capital and distribution decay over time. However, using rotational strategies can help manage these risks rather than relying on these funds as long-term commitments. A quantitative analyst, Fred Piard, has developed a ranking system to evaluate investment performance. Since 2016, he has monitored this system and shared insights with his investing group. Piard has more than 30 years of experience in technology and has been investing in systematic strategies since 2010. It's important to note that past performance does not guarantee future results, and the article does not provide specific investment advice. Additionally, the author has disclosed that they have no financial interest in the companies mentioned, and no imminent investment plans.