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 8.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Commonwealth Bank of Australia 4.58705% | 1.27 | 43M | Corporate |
HSBC Holdings PLC 5.24401% | 1.07 | 36M | Corporate |
HSBC Holdings PLC 4.91216% | 1.05 | 36M | Corporate |
Westpac Banking Corp. 4.48705% | 1.05 | 36M | Corporate |
Us Dollar | 0.89 | 30M | Cash and Equivalents |
Sumitomo Mitsui Trust Bank Ltd. 4.69635% | 0.85 | 29M | Corporate |
Mitsubishi UFJ Financial Group Inc. 4.83635% | 0.85 | 29M | Corporate |
HSBC Holdings PLC 4.82415% | 0.84 | 29M | Corporate |
Mizuho Financial Group Inc. 4.74098% | 0.84 | 29M | Corporate |
Sumitomo Mitsui Financial Group Inc. 4.85232% | 0.76 | 26M | Corporate |