FLTRVanEck IG Floating Rate ETF

Get income15y track recordRanked #75 of 1,622 in this goal

Seeks to replicate the price and yield performance of the MVIS US Investment Grade Floating Rate Index.

By VanEck · Launched 2011

Annual Cost

0.14%

#654 of 5,562 · low cost

Fund Size

$2.8B

#613 of 5,562 · large

Dividend YieldGoal

4.76%

Track Record

15 years

#889 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,452+4.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

MVIS US Investment Grade Floating Rate Index

What it actually holds

By weight

Concentration

Top 10 holdings = 9.1% of fund✓ well diversified

COMMONWEALTH BANK AUST

1.4%

HSBC HOLDINGS PLC

1.2%

MITSUBISHI UFJ FIN GRP

0.9%

SUMITOMO MITSUI TR BK LT

0.9%

SUMITOMO MITSUI FINL GRP

0.8%

AUST & NZ BANKING GROUP

0.8%

SUMITOMO MITSUI FINL GRP

0.8%

NOVARTIS CAPITAL CORP

0.7%

STANDARD CHARTERED PLC

0.7%

WESTPAC BANKING CORP

0.7%

Asset allocation

Bonds

99.7%

Cash

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.8%Low

Year-on-year price swings

Max drawdown

-17.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.57Strong risk-adjusted returns

Sortino (3Y)

1.93Good downside protection

Bond profile

Duration

4.5 years

Avg maturity

10.0 years

Credit ratings

US Government

0.8%

19.0%

59.6%

BBB

20.9%

0.2%

Other

0.3%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to replicate the price and yield performance of the MVIS US Investment Grade Floating Rate Index.
Strategy: Invests primarily in securities that comprise the Floating Rate Index, which includes U.S. dollar-denominated floating rate notes issued by investment grade corporate entities. Uses a sampling methodology to approximate the investment performance of the Index.
Inception date: April 25, 2011
Fund family: VanEck