VanEck Vectors Investment Grade Floating Rate ETF
Company Overview
FLTR is an exchange-traded fund that seeks to track the performance of the MVIS US Investment Grade Floating Rate Index. The fund provides exposure to floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States with investment grade credit ratings.
The fund primarily invests in floating rate notes, which are debt instruments whose coupon payments are linked to a reference rate such as LIBOR or SOFR. The interest rate on these notes 'floats' or adjusts periodically based on changes in the reference rate.
Use of Interest
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Company Impact
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