FLTR

VanEck Vectors Investment Grade Floating Rate ETF
A

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*Unless otherwise stated, data provided by FactSet.

FLTR Fund Description

FLTR tracks an index of US dollar-denominated, investment-grade floating-rate notes issued by corporate entities.

FLTR Factset Analytics Insight

FLTR concentrates its holdings in US corporate issues and somewhat riskier debt. Its portfolio is smaller than our benchmark and less representative of the broader market. The fund and our benchmark are 100% USD-denominated, but the fund favors domestic issuers while excluding supranational entities. FLTR, by design, tilts toward debt with lower credit ratings, which raises its credit spread duration above that of our benchmark. This additional credit risk is somewhat compensated with a higher YTM. FLTR enjoys decent onscreen liquidity and modest spreads, though larger trades can expect some difficulty executing block orders due to the illiquidity of the underlying bonds. The fund charges a reasonable fee, but poor tracking significantly raises holding costs.

FLTR MSCI ESG Analytics Insight

VanEck Vectors Investment Grade Floating Rate ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.89 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. VanEck Vectors Investment Grade Floating Rate ETF ranks in the 39th percentile within its peer group and in the 36th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FLTR Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/12/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLTR 0.26% 1.02% 4.31% 2.81% 2.75% 1.78% --
FLTR (NAV) 0.25% 0.96% 4.11% 2.98% 2.71% 1.85% --
MVIS U.S. Investment Grade Floating Rate Index 0.26% 1.00% 4.25% 3.16% 2.98% 2.20% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLTR Summary Data

VanEck
04/25/11
Open-Ended Fund
0.14%
$489.07M
$2.80M
0.04%

FLTR Portfolio Data

0.05
--
2.52%
10/01/19
391

FLTR Index Data

MVIS U.S. Investment Grade Floating Rate Index
Market Value
Market Value
N/A

FLTR Portfolio Management

0.14%
-0.18%
-0.15%
-0.23%

FLTR Tax Exposures

20.00% / 39.60%
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Ordinary income
No

FLTR Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FLTR Factset Analytics Block Liquidity

As of 09/16/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FLTR. FLTR is rated a N/A out of 5.

FLTR Tradability

111,015
$2.80M
69,450
$1.75M
0.04%
$0.01
-0.05%
0.19% / -0.59%
None
100.00%
50,000
1.39
0.04%
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0
$25.21
N/A

FLTR Sector/Industry Breakdown


FLTR
Segment Benchmark
76.50%
--
20.49%
--
1.38%
--
1.36%
--
0.26%
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FLTR Top 10 Holdings[View All]

2.01%
1.54%
1.49%
1.20%
1.20%
1.20%
1.19%
1.18%
1.11%
1.07%
13.19%

FLTR Top 5 Countries


FLTR
Segment Benchmark
65.30%
--
8.38%
--
7.69%
--
4.60%
--
4.17%
--

FLTR Top 5 Currencies


FLTR
Segment Benchmark
100.00%
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FLTR Performance Statistics

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FLTR MSCI ESG Ratings

BBB
4.89 / 10
36.30
39.11
3.70%
1.07%
62.53

FLTR Holdings Statistics

2.86 years
0.05
2.52%
2.62
Medium
391
0.59%

FLTR Avg Life Maturity Distribution

12.52%
22.97%
27.10%
4.22%
--
0.24%
0.55%

FLTR OAS Breakdown

6.48%
1.05%
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