Market Vectors Investment Grade Floating Rate ETF (FLTR)
- Fixed Income | Corporate Debt Funds
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Fund Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® 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 issuers or similar commercial entities that are public reporting companies in the United States and rated investment grade. It is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $24.90 | Expense Ratio | 0.19% |
| YTD Return | 1.4% | Avg. 30-Day Volume | 49,795 |
| 1-Year Return | 5.9% | Market Cap | Loading... |
| Bid | $24.97 | Shares Outstanding | 1,100,000 |
| Ask | $25.00 | Dividends | $0.23 |
| Top 10 Holdings | |
|---|---|
| Jpmorgan Chase & Co (—) | 7.70% |
| Citigroup Inc (—) | 6.98% |
| Goldman Sachs Group Inc (—) | 4.83% |
| Credit Suisse New York Branch (—) | 3.75% |
| Bank Amer Corp (—) | 3.53% |
| Ing Bank Nv (—) | 3.23% |
| Wells Fargo Co Mtn Be (—) | 2.81% |
| Nbcuniversal Enterprise Inc (—) | 2.75% |
| Goldman Sachs Group Inc (—) | 2.59% |
| General Elec Cap Corp Mtn Be (—) | 2.23% |
| % of Total Holdings | 40.40% |
