---
ticker: "PVI"
name: "Invesco Floating Rate Municipal Income ETF"
url: "https://etf.net/etf/PVI"
grade: "B"
score: 55
graded_at: "2026-10-12"
category: "Short-Duration Municipal Bonds"
category_rank: "22 of 28"
methodology: "https://etf.net/methodology"
---

# PVI: Invesco Floating Rate Municipal Income ETF

Grade **B**, Score 55 of 100. Rank 22 of 28 in Short-Duration Municipal Bonds.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 43 | 14 of 28 |
| Mission | 100 | 1 of 27 |
| Risk | 65 | 5 of 27 |
| Tradability | 26 | 24 of 28 |
| Holdings | 20 | 27 of 28 |
| Durability | 51 | 18 of 28 |

## Top holdings

The fund holds 168 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | New York City Municipal Water Finance Authority 2.75% 06/15/2046 | 4.10% |
| 2 | — | New York City Housing Development Corp 2.95% 10/15/2041 | 3.58% |
| 3 | — | State of Texas 3.05% 06/01/2046 | 2.71% |
| 4 | — | Florida Keys Aqueduct Authority 2.80% 09/01/2035 | 2.09% |
| 5 | — | New York City Transitional Finance Authority Future Tax Secured Revenue 1.40% 11/01/2036 | 2.09% |
| 6 | — | Connecticut Housing Finance Authority 2.85% 11/15/2050 | 2.09% |
| 7 | — | Illinois Finance Authority 3.00% 11/01/2038 | 2.00% |
| 8 | — | Metropolitan Transportation Authority 2.80% 11/01/2032 | 1.79% |
| 9 | — | City of Houston TX Combined Utility System Revenue 2.85% 05/15/2034 | 1.49% |
| 10 | — | Halifax Hospital Medical Center 2.95% 06/01/2048 | 1.49% |
| 11 | — | City of West Palm Beach FL Utility System Revenue 3.05% 10/01/2038 | 1.49% |
| 12 | — | Board of Regents of the University of Texas System 2.80% 08/01/2039 | 1.49% |
| 13 | — | Bay Area Toll Authority 1.15% 04/01/2055 | 1.49% |
| 14 | — | City of New York NY 1.30% 09/01/2049 | 1.43% |
| 15 | — | City of New York NY 1.30% 08/01/2044 | 1.19% |
| 16 | — | Charlotte-Mecklenburg Hospital Authority/The 1.40% 01/15/2038 | 1.19% |
| 17 | — | State of California 2.75% 05/01/2053 | 1.19% |
| 18 | — | City of Rochester MN 2.65% 11/15/2038 | 1.19% |
| 19 | — | New York City Transitional Finance Authority Future Tax Secured Revenue 1.40% 08/01/2042 | 1.19% |
| 20 | — | New York City Transitional Finance Authority Future Tax Secured Revenue 1.30% 11/01/2042 | 1.16% |
| 21 | — | District of Columbia 2.85% 08/15/2038 | 1.12% |
| 22 | — | Tarrant County Cultural Education Facilities Finance Corp 1.25% 08/01/2050 | 1.04% |
| 23 | — | New York City Transitional Finance Authority Future Tax Secured Revenue 1.30% 08/01/2039 | 0.89% |
| 24 | — | Louisville/Jefferson County Metropolitan Government 2.80% 10/01/2043 | 0.89% |
| 25 | — | Pennsylvania Higher Educational Facilities Authority 1.38% 11/01/2061 | 0.89% |
| 26 | — | City of New York NY 1.40% 06/01/2044 | 0.89% |
| 27 | — | Emmaus General Authority 2.80% 12/01/2028 | 0.89% |
| 28 | — | New York City Transitional Finance Authority Future Tax Secured Revenue 1.30% 11/01/2054 | 0.89% |
| 29 | — | New Jersey Health Care Facilities Financing Authority 1.25% 07/01/2061 | 0.89% |
| 30 | — | City of Colorado Springs CO Utilities System Revenue 2.85% 11/01/2028 | 0.88% |

Source: etf.net, https://etf.net/etf/PVI. Please cite the page URL.