VanEck IG Floating Rate ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
VanEck IG Floating Rate ETF FLTR
Morningstar’s Analysis FLTR
Will FLTR outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Commonwealth Bank of Australia 4.64933% | 1.28 | 46M | Corporate |
HSBC Holdings PLC 5.31472% | 1.07 | 39M | Corporate |
HSBC Holdings PLC 5.00892% | 1.06 | 38M | Corporate |
Westpac Banking Corp. 4.54933% | 1.04 | 37M | Corporate |
Sumitomo Mitsui Trust Bank Ltd. 4.79533% | 0.86 | 31M | Corporate |
Mitsubishi UFJ Financial Group Inc. 4.93533% | 0.85 | 30M | Corporate |
Sumitomo Mitsui Banking Corporation 4.54892% | 0.85 | 30M | Corporate |
Sumitomo Mitsui Trust Bank Ltd. 4.58571% | 0.84 | 30M | Corporate |
Mizuho Financial Group Inc. 4.96028% | 0.84 | 30M | Corporate |
HSBC Holdings PLC 4.89573% | 0.84 | 30M | Corporate |