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FLTR
VanEck Vectors Investment Grade Floating Rate ETF

Fund Description

VanEck Vectors® Investment Grade Floating Rate ETF (FLTR®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Investment Grade Floating Rate Index (MVFLTR), which consists of U.S. dollar denominated floating rate notes issued by corporate issuers and rated investment grade.

 
 

  • Fund Ticker

    FLTR
  • Exchange

    NYSE Arca
  • Commencement

    04/25/2011
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    Bank of New York Mellon
  • Index Ticker

    MVFLTR
  • Index Rebalancing

    Monthly
  • 2019 NAIC
    Designation8

    1

 
as of 05/20/19

  • 30-Day SEC Yield1

    3.14%
  • Total Net Assets

    $540.8M
  • Number of Holdings

    375
  • Options

    Expected
  • Gross Expense Ratio2

    0.41%
  • Net Expense Ratio/TER2

    0.14%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    05/31/2019
1,2,8 See Important Disclosure

Country Weightings (%) as of 04/30/19

  • Country

    % of Net Assets
  • UNITED STATES

    58.76
  • JAPAN

    9.49
  • UNITED KINGDOM

    7.42
  • AUSTRALIA

    5.57
  • CANADA

    3.88
  • GERMANY

    3.54
  • SWITZERLAND

    3.12
  • NETHERLANDS

    2.32
  • FRANCE

    1.48
  • SPAIN

    1.16
  • SWEDEN

    0.85
  • CHINA

    0.81
  • MEXICO

    0.56
  • SINGAPORE

    0.47
  • SOUTH KOREA

    0.22
  • FINLAND

    0.15
  • NORWAY

    0.08
  • ITALY

    0.07
  • Other/Cash

    0.04

Portfolio Composition (%)
as of 04/30/19

  • % of Net Assets
  • Stocks

    0.00
  • Bonds

    99.96
  • Other

    0.00
  • Cash

    0.04

Currency Exposure (%)
as of 04/30/19

  • U.S. Dollar

    99.96
  • Other/Cash

    0.04

Credit Quality (%) as of 04/30/19

Composite % of Net Assets
Investment Grade AAA 0.38
AA 13.02
A 47.20
BBB 38.53
Total Investment Grade -- 99.14
Not Rated -- 0.56
Source: Bloomberg.  Rating is a proprietary composite of various rating agencies. A bond must be rated by two or more rating agencies to receive a composite rating; otherwise it is classified as Not Rated.

3-YR Risk Measures*
as of 04/30/19

  • Beta vs. S&P 500 Index

    0.09
  • Correlation vs. S&P 500 Index

    0.72
  • Volatility (Standard Deviation)

    1.27
  • Sharpe Ratio

    1.16

Source: VanEck, FactSet

*Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.6

Maturity (%) as of 04/30/19

 Average Portfolio Maturity: 3.39 Years

Sector Weightings (%) as of 04/30/19

  • Sector

    % of Net Assets
  • Financial

    74.5
  • Communications

    6.9
  • Consumer, Cyclical

    5.8
  • Consumer, Non-cyclical

    4.5
  • Technology

    3.1
  • Industrial

    2.1
  • Energy

    2.0
  • Utilities

    0.9
  • Basic Materials

    0.2
  • Other/Cash

    0.0