VanEck IG Floating Rate ETF
FLTR
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Apr 26, 2011
- CIK
- 0001137360
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck Investment Grade Floating Rate ETF (FLTR) is an exchange-traded fund that seeks to replicate, before fees and expenses, the price and yield performance of the MVIS US Investment Grade Floating Rate Index (MVFLTR), comprised of U.S. dollar-denominated floating rate notes issued by corporate issuers and rated investment grade. The fund provides investors with access to a diversified portfolio of investment-grade corporate floating rate notes, which feature near-zero duration risk and coupons that reset periodically to mitigate interest rate sensitivity; key holdings include obligations from issuers such as Commonwealth Bank of Australia, HSBC Holdings Plc, Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc., and JPMorgan Chase & Co, spanning sectors like banking, pharmaceuticals, and energy. FLTR targets institutional and retail investors seeking enhanced yield potential as a cash complement in fixed income portfolios, with a total net asset value of approximately $2.56 billion as of December 15, 2025, a 30-day SEC yield of 4.69%, and a net expense ratio of 0.14%. The ETF operates primarily in U.S. fixed income markets but holds notes from global corporate issuers across countries including the United States, Australia, United Kingdom, Japan, Canada, France, and others; monthly distributions support income-focused strategies. Launched on April 25, 2011, and managed by Van Eck Associates Corporation, FLTR trades on the NYSE Arca exchange under the ticker FLTR and is domiciled at 666 Third Avenue, New York, New York, the headquarters of its sponsor, VanEck. Recent developments include sustained asset growth to over $2.5 billion amid favorable floating rate environments, with year-to-date returns of 5.11% and one-year returns of approximately 4.99% as of December 2025; the fund maintained its position without major structural changes such as closures, fee adjustments, or index reconstitutions noted in 2024-2025 announcements from VanEck, unlike select peer ETFs that underwent liquidations in September 2025. FLTR's index methodology continues to emphasize corporate-only issuers for higher yield spreads versus broader floating rate benchmarks, with top exposures to financial institutions reflecting ongoing portfolio rebalancing.