VanEck ETF Trust VanEck IG Floating Rate ETFVanEck ETF Trust VanEck IG Floating Rate ETFVanEck ETF Trust VanEck IG Floating Rate ETF

VanEck ETF Trust VanEck IG Floating Rate ETF

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Key stats


Assets under management (AUM)
‪2.43 B‬USD
Fund flows (1Y)
‪789.21 M‬USD
Dividend yield (indicated)
5.40%
Discount/Premium to NAV
0.09%
Shares outstanding
‪95.55 M‬
Expense ratio
0.14%

About VanEck ETF Trust VanEck IG Floating Rate ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
Apr 25, 2011
Structure
Open-Ended Fund
Index tracked
MVIS US Investment Grade Floating Rate
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
FLTR tracks an index of US investment-grade debt, focusing on floating-rate notes issued by corporate entities or similar commercial entities in the United States. This exposure gives it a somewhat riskier portfolio compared to other funds, and a smaller selection of securities to work with. Securities must be denominated in USD to be included in the index and must have a minimum of 6 months remaining to maturity. Each component of the index is weighted by market value and capped at 2% of the portfolio. FLTR uses a sampling method to track its index, and will only invest in a subset of securities in an effort to hold a portfolio of bonds with the same risk and return characteristics of the index. Rebalancing occurs monthly. Prior to Sept. 1, 2022 the ETF's name was VanEck Investment Grade Floating Rate ETF. The underlying index, to which the ETF tracks, did not change in targeted credit quality.

Broaden your horizons with more funds linked to FLTR via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Floating rate
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
9%59%22%8%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FLTR trades at 25.50 USD today, its price has risen 0.04% in the past 24 hours. Track more dynamics on FLTR price chart.
FLTR net asset value is 25.48 today — it's risen 0.62% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FLTR assets under management is ‪2.43 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FLTR price has risen by 0.12% over the last month, and its yearly performance shows a 0.04% increase. See more dynamics on FLTR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.62% over the last month, showed a 1.08% increase in three-month performance and has increased by 5.60% in a year.
FLTR fund flows account for ‪789.21 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FLTR invests in bonds. See more details in our Analysis section.
FLTR expense ratio is 0.14%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FLTR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FLTR technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLTR shows the buy signal. See more of FLTR technicals for a more comprehensive analysis.
Yes, FLTR pays dividends to its holders with the dividend yield of 5.40%.
FLTR trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FLTR shares are issued by Van Eck Associates Corp.
FLTR follows the MVIS US Investment Grade Floating Rate. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 25, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.