VRIG:NSD-PowerShares Variable Rate Investment Grade Portfolio (USD)

EQUITY | Ultrashort Bond | NASDAQ Global Market

Last Closing

USD 25.09

Change

+0.01 (+0.04)%

Market Cap

USD 0.05B

Volume

0.14M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to generate current income while maintaining low portfolio duration as a primary objective and capital appreciation as a secondary objective. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of investment-grade, variable rate or floating rate debt securities. At least 80% of its net assets (plus any borrowings for investment purposes) will be invested in Variable Rate Instruments that are, at the time of purchase, investment grade (or in ETFs that invest primarily in any or all of the foregoing securities). It is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Price(Change) Market Cap
SHV iShares Short Treasury Bond ET..

N/A

USD 18.14B
FTSM First Trust Enhanced Short Mat..

N/A

USD 6.52B

ETFs Containing VRIG

FCEF First Trust Income Opport.. 0.00 % 0.85 %

N/A

USD 0.03B

Market Performance

  Market Performance vs. Industry/Classification (Ultrashort Bond) Market Performance vs. Exchange (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.40% 100% F 49% F
Dividend Return 1.56% 100% F 78% C+
Total Return 1.96% 100% F 54% F
Trailing 12 Months  
Capital Gain 1.58% 100% F 50% F
Dividend Return 6.30% 100% F 81% B-
Total Return 7.88% 100% F 59% D-
Trailing 5 Years  
Capital Gain 0.84% 100% F 53% F
Dividend Return 11.34% 100% F 47% F
Total Return 12.18% 100% F 53% F
Average Annual (5 Year Horizon)  
Capital Gain 0.15% 67% D+ 47% F
Dividend Return 1.86% 100% F 48% F
Total Return 1.71% 100% F 43% F
Risk Return Profile  
Volatility (Standard Deviation) 3.13% 67% D+ 97% N/A
Risk Adjusted Return 59.27% 67% D+ 87% B+
Market Capitalization 0.05B 50% F 70% C-

Key Financial Ratios

  Ratio vs. Industry/Classification (Ultrashort Bond) Ratio vs. Market (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A
Price/Book Ratio N/A N/A N/A
Price / Cash Flow Ratio N/A N/A N/A
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity N/A N/A N/A
Return on Invested Capital N/A N/A N/A
Return on Assets N/A N/A N/A
Debt to Equity Ratio N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.