VanEck IG Floating Rate ETF

MVIS US Invst Grade Floating Rate NR USD

NAV as of 19-Apr-2024


4 Week: 25.37 - 25.51

52 Week: 24.95 - 25.51

Latest Closing Price


Premium / Discount


Expense Ratio


Investment Objective

The investment 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 (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 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.

Main Fund Characteristics

Fund Manager:
Asset Under Management:
Launch Date:
Asset Class:
Fixed Income
Replication Method:
Number of Holdings:
Trading Currency:
Short Term Medium Quality
N.A / N.A / UltraShort Term,Short Term


Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
1 Day0.080.000.00
1 Week0.000.140.00
1 Month-0.040.61-0.06
3 Months0.590.910.65
6 Months0.791.380.57
1 Year1.642.030.81
2 Years1.354.340.31
3 Years0.354.470.08
5 Years0.9515.810.06
10 Years1.8916.290.12

Price History


Annual Performance Return

Price (%) 0.41530.01722.11262.84880.65795.36211.51730.59160.65547.4536
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 43.000067.000015.00006.000096.00001.000048.000014.000032.000010.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit

Portfolio Data

Total Number of Holdings: 134

Number of Bond Holdings: 133

Number of Equity Holdings: 0

Total Market Value: 1,479,231,452

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1AT&T Inc 3.31%1.99639,400,00009,565,681
2Goldman Sachs Group, Inc. 2.9%1.52877,300,00007,325,106
3Morgan Stanley 3.34%1.48096,950,00007,095,944
4Citigroup Inc. 3.57%1.19315,600,00005,717,175
5Wells Fargo & Company 3.16%1.18445,575,00005,675,445
6JPMorgan Chase & Co. 3.17%1.17955,550,00005,651,955
7Morgan Stanley 2.88%1.17405,575,00005,625,506
8HSBC Holdings plc 3.12%1.17225,575,00005,616,906
9Goldman Sachs Group, Inc. 3.72%1.08915,050,00005,218,452
10Verizon Communications Inc. 3.26%1.05724,975,00005,065,853

Country Exposure

Regional Exposure


Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio

Equity Style Box Breakdown


Value Measures

Price/Prospective Earnings*






Price/Cash Flow*


Dividend Yield*


Growth Measures

Long-Term Earnings


Historical Earnings


Sales Growth


Cash-Flow Growth


Book-Value Growth


*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings


Bond Statitics

Average Effective Duration-0.12
Average Effective Maturity (Years)*3.19
Average Credit Quality8.00
Average Weighted Coupon*6.36
Average Weighted Price*100.11

Bond Style Box Breakdown

Interest-Rate Sensitivity

Credit Quality

Type% Bonds
Below B0.00
Not Rated1.18

Bond Sector

% Bonds

Bond Maturity

% Bonds
1 to 3 Years66.42
3 to 5 Years22.04
5 to 7 Years0.00
7 to 10 Years0.00
10 to 15 Years1.42
15 to 20 Years0.00
20 to 30 Years1.16
Over 30 Years1.14
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days1.73
183 to 364 Days5.12

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.

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Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
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