FLTR
VanEck IG Floating Rate ETF
FLTR
VanEck IG Floating Rate ETF
FLTR
VanEck IG Floating Rate ETF
FLTR
VanEck IG Floating Rate ETF
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IW$25,45
per april 26, 2024 -
YTD RETURNS2,79%
per april 26, 2024 -
Totaal belegd vermogen$1,51B
per april 26, 2024 -
Jaarlijkse lopende kosten (TER)0,14%
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Introductiedatum04-25-2011
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30-Day SEC Yield5,93%
Fund Description
VanEck IG Floating Rate ETF (FLTR®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Investment Grade Floating Rate Index (MVFLTR), which consists of U.S. dollar denominated floating rate notes issued by corporate issuers and rated investment grade.
Overzicht
Fund Highlights
- Potential to Benefit from Rising Rates†
Floating rate notes have variable coupons that reset periodically - Investment Grade Credit Quality
Underlying index is comprised of a non-leveraged portfolio of investment grade floating rate corporate bonds - Near-Zero Duration with Enhanced Yield Potential
Floating rate notes may offer higher yields than other short duration instruments
RECOMMENDED INSIGHTS
Floating Rate Notes: A High Yielding Cash Complement
Floating Rate Notes: A High Yielding Cash Complement