VanEck Australian Floating Rate ETF
What FLOT does
The VanEck Australian Floating Rate ETF (FLOT) invests in a diversified portfolio of Australian floating rate bonds. These bonds are issued by high-quality companies and have interest rates that adjust with changes in the market, which can help protect against rising interest rates. The ETF aims to provide investors with regular income while maintaining a focus on capital preservation. With a management fee of 0.22%, FLOT offers a cost-effective way to gain exposure to the Australian bond market, making it suitable for those looking to balance their investment portfolio with a stable income source.
Management Fee
0.22%
Distribution Yield
4.60%
Fund Under Management
$942M
+27.12M
Monthly Liquidity
8.70%
Spread
0.07%
Last Price
...
Product Type
ETFMonthly fund flows
Monthly Flow
+$27.03M
12-Month Flow
+$187.49M
Trading Activity
Transacted Value
$82M
Volume
3,286,320
Number of Trades
2,377
Monthly Liquidity
8.70%
Performance
1 Month
0.36%
1 Year
4.90%
3 Year
5.05%
5 Year
3.23%
Total Return
Share Price Chart
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