VanEck IG Floating Rate ETF FLTR
Strategy
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® U.S. 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.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
FLTR | VanEck IG Floating Rate ETF | ETF | Open | $3.77B | 0.140% | — | — | $993.79M |