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
The People Pillar is our evaluation of the FLTR management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FLTR’s parent organization’s priorities and whether they’re in line with investors’ interests.
- 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 4.4472% | 1.28 | 35M | Corporate |
HSBC Holdings PLC 5.15713% | 1.08 | 30M | Corporate |
HSBC Holdings PLC 4.85127% | 1.06 | 29M | Corporate |
Westpac Banking Corp. 4.30037% | 1.06 | 29M | Corporate |
Sumitomo Mitsui Trust Bank Ltd. 4.62895% | 0.86 | 24M | Corporate |
Mitsubishi UFJ Financial Group Inc. 4.76955% | 0.85 | 24M | Corporate |
Abbott Laboratories 4.12997% | 0.85 | 23M | Corporate |
Amazon.com, Inc. 4.22759% | 0.83 | 23M | Corporate |
Sumitomo Mitsui Financial Group Inc. 4.81666% | 0.77 | 21M | Corporate |
Commonwealth Bank of Australia 4.26145% | 0.75 | 21M | Corporate |
United States