VanEck IG Floating Rate ETF
NYSE Arca:FLTR

  • LAST PRICE
    25.49
  • TODAY'S CHANGE (%)
    0.01 (0.04%)
  • Bid / Lots
    25.47/ 23
  • Ask / Lots
    25.50/ 5
  • Open / Previous Close
    25.49 / 25.48
  • Day Range
    25.48
    25.49
  • 52 Week Range
    25.00
    25.52
  • Volume
    725,330
  • Overall Morningstar Rating
    out of 304 funds

Search Criteria

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CompanyCountrySymbol

Charts

Price Comparison Graph. See accessible table below
Data delayed at least 15 minutes.

Daily Premium/Discount

Bar Graph.See accessible table below
ETFs trading at a price higher than its Net Asset Value (NAV) is said to be trading at a premium, while those trading at price lower than its NAV is said to be at a discount. By showing the daily premium/discount percentage, we can see the trend in market sentiments, regarding the value of an ETF over time.

Holdings Diversification

Asset Class
US Bond		50.4%
Non-US Bond		48.9%
Cash		0.6%
Convertible		0.2%
Non-US Stock		0
Other		0
Sectors
No data available
Geographic Region
No data available
As of 2024-11-22

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
JPMorgan Chase & Co. 6.25231%
Long
1.6%
0.00%
$26.9M
Goldman Sachs Group, Inc. 6.62882%
Long
1.4%
0.00%
$24.1M
Wells Fargo & Co. 5.90453%
Long
1.4%
0.00%
$23.6M
ANZ Group Holdings Ltd. 5.64908%
Long
1.2%
0.00%
$20.4M
Goldman Sachs Bank USA 5.83497%
Long
1.2%
0.00%
$20.0M
National Australia Bank Ltd. 5.5807%
Long
1.2%
0.00%
$19.5M
Macquarie Bank Ltd. 5.77562%
Long
1.1%
0.00%
$18.4M
Morgan Stanley Bank, National Association (Utah) 5.77564%
Long
1.1%
0.00%
$18.1M
Westpac Banking Corp. 5.64591%
Long
1.0%
0.00%
$17.7M
Goldman Sachs Bank USA 5.66374%
Long
1.0%
0.00%
$17.6M
As of 2024-11-15

Reports

  • 11/10/24

    Morningstar ETF Report

    The Morningstar ETF Report offers in-depth analyst research on exchange-traded funds to help you evaluate these investments and how they fit within a portfolio.

Morningstar Ratings

Time HorizonStar Rating
Overall Rating
3 Year Rating
5 Year Rating
10 Year Rating
As of 2024-10-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

ETF Profile
Best Fit Index
MVIS US Invst Grade Floating Rate NR USD
Category
Ultrashort Bond
Sponsor
Van Eck Associates Corporation
Inception
April 25, 2011
As of 2024-10-31

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.

Holding Details
Total Net Assets$1.7B
Shares Out.70.3M
Net Asset Value (NAV)$25.47
Prem/Discount to NAV0.04%
P/E Ratio---
Dividend Yield6.10%
Dividend per Share1.56 USD
Ex-Dividend Date11/1/2024
Dividend Payment Date11/6/2024
Beta---
Morningstar Investment StyleUltrashort Bond
Equity Style
---
Credit Quality / Duration
Short Duration/Medium Quality
Fees & Expenses
Actual Management Fee0.14%
Actual Mgmt. Expense Ratio (MER)0.14%