VanEck IG Floating Rate ETF (FLTR)
25.46
+0.01
(+0.04%)
USD |
NYSEARCA |
Apr 24, 16:00
25.46
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.14% | 0.08% | 1.498B | 617799.4 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
6.21% | 55.00% | 195.04M | Upgrade |
Basic Info
Investment Strategy | |
The investment 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 (the "Floating Rate Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. dollar-denominated floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States and rated investment grade. The fund is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Medium Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Ultrashort Bond |
Category Index | Bloomberg Govt/Corp 1 Yr Duration TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | VanEck |
Prospectus Benchmark Index | |
MVIS US Invst Grade Floating Rate NR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Francis Rodilosso | 11.59 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
Investment Strategy | |
The investment 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 (the "Floating Rate Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. dollar-denominated floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States and rated investment grade. The fund is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Medium Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Ultrashort Bond |
Category Index | Bloomberg Govt/Corp 1 Yr Duration TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | VanEck |
Prospectus Benchmark Index | |
MVIS US Invst Grade Floating Rate NR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Francis Rodilosso | 11.59 yrs |