PVI VRDO Tax Free Weekly Portfolio

  • ETF
  • PVI
  • Category
  • Money Market
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PVI - Profile

Vitals

Investment Themes

Alternative ETFs in the Money Market Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Description

The Index is comprised of municipal securities issued in the primary market as Variable Rate Demand Obligations (VRDOs) whose interest rates are reset weekly. VRDOs are floating-rate bonds that provide investors with tax-exempt income. VRDOs are generally purchased at par. When they are put back to an investment dealer, the investor generally receives par plus accrued interest.

Realtime Rating

PVI - Realtime Rating

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Realtime Rating Summary

PVI is a passive ETF that seeks to replicate Bloomberg US Municipal AMT-Free Weekly VRDO Index. The Index is comprised of municipal securities issued in the primary market as Variable Rate Demand Obligations (VRDOs) whose interest rates are reset weekly. VRDOs are floating-rate bonds that provide investors with tax-exempt income. VRDOs are generally purchased at par. When they are put back to an investment dealer, the investor generally receives par plus accrued interest.

The adjacent table gives investors an individual Realtime Rating for PVI on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Money Market with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

PVI Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B BIL
Expenses B BIL
Performance
Volatility
Dividend
Concentration

Knowledge Center

Sector ETFs

Alternative ETFs

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Emerging Market ETFs

PVI In-Depth Analysis

The following tables and charts contain in-depth metrics for PVI and compare it to similar peer ETFs within its ETFdb Category.

Holdings

PVI - Holdings

Filings Data as of: Jul 05, 2015
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Top Ten Holdings

  1. Sevier Cnty Tenn Pub Bldg Auth 0.07%
    8.72%
  2. Abag Fin Auth 0.06%
    5.81%
  3. Maryland St Health & Higher Ed Var 0.07%
    5.81%
  4. Orange Cnty Fla Sch Brd Ctfs P Var 0.07%
    5.35%
  5. Waco Tex Edl Fin Corp Rev Var Rate 0.07%
    5.35%
  6. Florida St Dept Environmental Var 0.34%
    5.27%
  7. Jacksonville Fla Trans Rev Ref Rev 0.08%
    4.65%
  8. New Hampshire Health & Ed Facs Var 0.06%
    4.65%
  9. New York N Y City Transitional Adj 0.08%
    4.65%
  10. New York St Loc Govt Assistanc Var 0.07%
    4.65%

Concentration Analysis

This section compares how balanced and deep PVI is relative to the peer group ETFdb Category.

Number of Holdings
PVI Rank:
PVI 26
Category Low
Category High
% Assets in Top 10
PVI Rank:
PVI 54.89%
Category Low
Category High

PVI Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 87.51%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 12.49%
Other 0.0%

PVI Bond Sector Breakdown

Bond Sector Percentage
Treasury 0.0%
TIPS 0.0%
U.S. Agency 0.0%
MBS 0.0%
U.S. Corporate 0.0%
Asset-Backed 0.0%
Convertible 0.0%
Muni 0.0%
Foreign Government 0.0%
Foreign Corporate 0.0%
Other 100.0%

PVI Bond Detailed Sector Breakdown

Bond Sector Percentage
US Municipal Tax Advantaged 87.51%
Cash And Equivalents 12.49%
Agency Mortgage Backed 0.0%
Future Forward 0.0%
Asset Backed 0.0%
Covered Bond 0.0%
Commercial Mortgage Backed 0.0%
Non Agency Residential Mortgage Backed 0.0%
Sector Swap 0.0%
Preferred 0.0%
Corporate Bond 0.0%
Convertible 0.0%
Bank Loan 0.0%
Option Warrant 0.0%
Municipal Taxable 0.0%
Government Related 0.0%
Government 0.0%

PVI Coupon Breakdown

Coupon Range Percentage
0% to 1% 87.51%
1% to 2% 0.0%
2% to 3% 0.0%
3% to 4% 0.0%
4% to 5% 0.0%
5% to 6% 0.0%
6% to 7% 0.0%
7% to 8% 0.0%
8% to 9% 0.0%
9% to 10% 0.0%
Greater Than 10% 0.0%

PVI Credit Quality

Credit Percentage
AAA 37.69%
AA 40.38%
A 20.1%
BBB 1.83%
BB 0.0%
B 0.0%
Below B 0.0%
Not Rated 0.0%

PVI Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 1.86%
3-5 Years 4.65%
5-7 Years 0.0%
7-10 Years 6.62%
10-15 Years 32.8%
15-20 Years 24.98%
20-30 Years 12.15%
30+ Years 4.44%
Expense

PVI - Expenses & Fees

This section compares the cost efficiency of PVI to peers in the same ETFdb Category.

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Expenses Ratio Analysis

Expense Ratio
PVI Rank:
PVI 0.25%
Category Low
Category High

Commission Free Trading in PVI

PVI is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 0 other ETFs in the Money Market ETFdb Category that are also eligible for commission free trading:

  • Ticker Brokerages
Performance

PVI - Performance

This section shows how PVI has performed relative to its peer group ETFdb Category.

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1 Week Return
PVI Rank:
No Ranking Available
Category Low
Category High
4 Week Return
PVI Rank:
PVI -0.12%
Category Low
Category High
13 Week Return
PVI Rank:
PVI -0.04%
Category Low
Category High
26 Week Return
PVI Rank:
PVI -0.08%
Category Low
Category High
Year to Date Return
PVI Rank:
PVI -0.12%
Category Low
Category High
1 Year Return
PVI Rank:
PVI -0.12%
Category Low
Category High
3 Year Return
PVI Rank:
PVI -0.15%
Category Low
Category High
5 Year Return
PVI Rank:
PVI 0.66%
Category Low
Category High
Charts

PVI - Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of PVI relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

Valuation

PVI - Valuation

This section shows how the P/E multiple of PVI compares to the peer group ETFdb Category.

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P/E Ratio
PVI Rank:
No Ranking Available
Category Low
Category High

As of Jul 31, 2015

Dividend

PVI - Dividend

This section shows how the dividend yield of PVI compares to the peer group ETFdb Category.

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Annual Dividend Yield
PVI Rank:
PVI 0.01%
Category Low
Category High

As of Jul 31, 2015

Technicals

PVI - Technicals

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PVI Volatility Analysis

This section shows how the volatility of PVI compares to the peer group ETFdb Category.

5 Day Volatility
PVI Rank:
PVI 1.39%
Category Low
Category High
20 Day Volatility
PVI Rank:
PVI 0.70%
Category Low
Category High
50 Day Volatility
PVI Rank:
PVI 0.51%
Category Low
Category High
200 Day Volatility
PVI Rank:
PVI 0.91%
Category Low
Category High
Beta
PVI Rank:
PVI 0.05
Category Low
Category High
Standard Deviation
PVI Rank:
PVI 0.01%
Category Low
Category High

PVI Technicals

  • 20 Day MA: $24.93
  • 60 Day MA: $24.94
  • MACD 15 Period: n/a
  • MACD 100 Period: -0.01
  • Williams % Range 10 Day: 100.00
  • Williams % Range 20 Day: 100.00
  • RSI 10 Day: 46
  • RSI 20 Day: 48
  • RSI 30 Day: 48
  • Ultimate Oscillator: 15

PVI Bollinger Bands

  • Lower Bollinger (10 Day): $24.93
  • Upper Bollinger (10 Day): $24.94
  • Lower Bollinger (20 Day): $24.93
  • Upper Bollinger (20 Day): $24.94
  • Lower Bollinger (30 Day): $24.93
  • Upper Bollinger (30 Day): $24.95

PVI Support & Resistance

  • Support Level 1: n/a
  • Support Level 2: $24.93
  • Resistance Level 1: n/a
  • Resistance Level 2: $24.93

PVI Stochastic

  • Stochastic Oscillator %D (1 Day): 25.81
  • Stochastic Oscillator %D (5 Day): 1.05
  • Stochastic Oscillator %K (1 Day): 17.61
  • Stochastic Oscillator %K (5 Day): 2.73
Fact Sheet

PVI - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.