Market Vectors Investment Grade Floating Rate ETF (FLTR)

  • Loading...

Fund Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US 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 Floating Rate 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.

Fund Snapshot Updated 04.15.2014

Previous Close $25.00 Expense Ratio 0.19%
YTD Return 0.47% Avg. 30-Day Volume 26,540
1-Year Return 0.7% Market Cap Loading...
Bid $25.00 Shares Outstanding 3,900,000
Ask $25.01 Dividends $0.15
Top 10 Holdings
Jpmorgan Chase & Co (—) 3.10%
Wachovia Corp New (—) 2.73%
Goldman Sachs Group Inc (—) 2.65%
Citigroup Inc (—) 2.37%
Wachovia Corp New (—) 2.15%
J P Morgan Chase & Co Mtn Be (—) 2.07%
Bear Stearns Cos Inc Mtn Be (—) 1.89%
Toronto Dominion Bank (—) 1.80%
Commonwealth Bk Australia 144A (—) 1.80%
Verizon Communications Inc (—) 1.79%
% of Total Holdings 22.30%

Sector Breakdown

Geographic Breakdown

Best Fit Corporate Debt Funds

See full rankings for Corporate Debt Funds