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Posted by
Two Blokes Jun 13 -
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Stock
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VRP provides diversified exposure to 315 holdings, mainly floating-rate and resettable preferreds, with a $2 billion asset base and investment-grade credit quality. The fund's average credit rating is Baa3, with a weighted average coupon of 5.83% and a 5-year total return near 8%. VRP's portfolio structure—short duration, broad diversification, and decent yield—positions it well for balanced income with moderate credit risk.
