FLTR

VanEck
IG Floating Rate ETF

As of January 31, 2023

Fund Details

Fund Ticker FLTR
Intraday NAV (IIV) FLTRIV
Index Ticker MVFLTR
Total Net Assets ($M) 1,128.60
Number of Holdings 169
Exchange NYSE Arca
Inception Date 04/25/11
Distribution Frequency Monthly

Yield

30-Day SEC Yield1 5.32%
*30-Day SEC Yield reflects the investment income earned after deducting a fund’s expenses for the period. This yield does not necessarily reflect the yield that an investor will receive. Distributions may vary from time to time.
*30-Day SEC Yield reflects the investment income earned after deducting a fund’s expenses for the period. This yield does not necessarily reflect the yield that an investor will receive. Distributions may vary from time to time.

Fees and Expenses

Management Fee 0.14%
Other Expenses --
Acquired Fund Fees and Expenses --
Gross Expense Ratio 0.14%
Fee Waivers and
Expense Reimbursement
--
Net Expense Ratio 0.14%

Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least September 1, 2023.

Fund Description

VanEck IG 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.

Top 10 Holdings

: 169
Holding Name
Coupon
Maturity
% of Net Assets
Goldman Sachs Group Inc/The
5.776
05/15/2026
2.00
Bank Of America Corp
5.302
02/05/2026
1.99
Verizon Communications Inc
5.706
05/15/2025
1.97
Commonwealth Bank Of Australia
4.733
07/07/2025
1.96
Goldman Sachs Group Inc/The
6.552
10/28/2027
1.91
Truist Financial Corp
4.218
06/09/2025
1.85
General Electric Co
4.912
05/05/2026
1.68
Roche Holdings Inc
4.378
03/10/2025
1.44
Wells Fargo & Co
5.642
04/25/2026
1.44
Jpmorgan Chase & Co
4.747
02/24/2026
1.43
Top 10 Total 17.66
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Performance History: Average Annual Total Returns* (%)

Month End as of 01/31/23 1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/25/11
FLTR (NAV) 1.28 2.59 1.28 1.93 1.21 1.91 1.64 1.55
FLTR (Share Price) 1.31 2.73 1.31 1.85 1.24 1.92 1.62 1.55
MVFLTR (Index) 1.29 2.49 1.29 1.69 1.28 2.03 1.92 1.86
Performance Differential (NAV - Index) -0.01 0.10 -0.01 0.24 -0.07 -0.12 -0.28 -0.31
Quarter End as of 12/31/22 1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/25/11
FLTR (NAV) 0.73 1.26 0.68 0.68 1.00 1.77 1.58 1.45
FLTR (Share Price) 0.83 1.54 0.74 0.74 0.98 1.76 1.58 1.45
MVFLTR (Index) 0.68 1.11 0.48 0.48 1.00 1.87 1.83 1.77
Performance Differential (NAV - Index) 0.05 0.15 0.20 0.20 -- -0.10 -0.25 -0.32

The Fund’s prospectus has not been submitted for approval to the Belgian Financial Services and Markets Authority (Autoriteit voor Financiële Diensten en Markten / Autorité des Services et Marchés Financiers) and, accordingly, the shares may not be distributed by way of public offering in Belgium and may only be offered to a maximum of 99 investors or to institutional and professional investors (as defined in Article 5, §3 of the Law of July 20, 2004, and as extended by the provisions of the Belgian Royal Decree of September 26, 2006 . These materials may be distributed in Belgium only to such prospective investors for their personal use and may not be used for any other purpose or passed on to any other person in Belgium. Shares will only be offered to such qualifying prospective investors.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

The "Net Asset Value" (NAV) of a Fund is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell shares at NAV.

FLTR

VanEck
IG Floating Rate ETF

As of January 31, 2023

Fundamentals4

Yield to Worst 5.44M
Yield to Maturity 5.49M
Effective Duration (yrs) -0.13
Years to Maturity 3.04
Modified Duration (yrs) 0.03
Coupon 5.23M
Spread Duration (yrs) 2.28
 4See Important Disclosure for definitions.
*These figures represent weighted averages. Effective Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield, and is appropriate for bonds with embedded options. Years to Maturity is the period of time for which a financial instrument remains outstanding.

Top 10 Countries

Country % of Net Assets
United States 62.77
United Kingdom 9.79
Australia 8.85
Canada 6.15
Japan 4.39
France 1.88
Netherlands 1.73
Switzerland 1.52
Norway 1.13
Germany 0.34
Top 10 Total 98.55

Sector Weightings (%)

Sector % of Net Assets
Financials 86.1
Technology 5.3
Consumer Non-Cyclicals 2.0
Utilities 1.7
Industrials 1.7
Healthcare 0.9
Consumer Cyclicals 0.8
Real Estate 0.5
Energy 0.5
Other/Cash 0.6

Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Certain indices may take into account withholding taxes. Investors can not invest directly in the Index. Index returns assume that dividends have been reinvested.

An investment in the Fund may be subject to risk which includes, among others, foreign securities, foreign currency, credit, interest rate, floating rate, floating rate LIBOR, restricted securities, financials sector, market, operational, sampling, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount and liquidity of fund shares, non-diversified, and concentration risks, all of which may adversely affect the Fund.

The MVIS US Investment Grade Floating Rate Index is the exclusive property of MarketVector Indexes GmbH (a wholly owned subsidiary of Van Eck Securities Corporation), which has contracted with Wells Fargo to create and maintain and with Interactive Data Pricing and Reference Data, LLC to calculate the Index. Neither Wells Fargo nor Interactive Data Pricing and Reference Data, LLC guarantees the accuracy and/or completeness of the Index or of any data supplied by it or its agents or makes any warranty as to the results to be obtained from investing in the Fund or tracking the Index. The Index is calculated by Interactive Data Pricing and Reference, LLC, which is not an adviser for or fiduciary to the Fund, and, like Wells Fargo, is not responsible for any direct, indirect or consequential damages associated with indicative optimized portfolio values and/or indicative intraday values. The VanEck IG Floating Rate ETF is not sponsored, endorsed, sold or promoted by MarketVector Indexes GmbH and MarketVector Indexes GmbH makes no representation regarding the advisability of investing in the Fund.

Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.  

This content is published in the United States for residents of specified countries. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this content. Nothing in this content should be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction, nor is it intended as investment, tax, financial, or legal advice. Investors should seek such professional advice for their particular situation and jurisdiction.

Van Eck Securities Corporation, Distributor, a wholly-owned subsidiary of Van Eck Associates Corporation | 666 Third Avenue | New York, NY 10017

FUND TICKER: FLTR 800.826.2333 VANECK.COM