au en false false Default
FLOTAU VanEck Australian Floating Rate ETF Please read important disclosure Close important disclosure false

    • FLOT
    VanEck Australian Floating Rate ETF

    FLOT
    VanEck Australian Floating Rate ETF

    • NAV
      $24.90

      as at 04-Jul-25
    • Total Net Assets
      $782.41M
    • Dividend Frequency
      Monthly
    • Management fee (p.a.)
      0.22%
    • Number of securities
      209
    • Inception Date
      05-Jul-17
    VanEck Vectors Australian Corporate Bond Plus ETF

    Overview

    Fund Description

    Our floating rate bond ETF, FLOT invests in a diversified portfolio of Australian dollar denominated Floating Rate Bonds. This floating rate bond ETF aims to provide investment returns, before fees and other costs, that closely track the performance of the Index.

    Key benefits

    Dedicated Australian Floating Rate Notes (FRNs) market benchmark exposure

    Access to a diversified portfolio of FRNs which represent the Bloomberg AusBond Credit FRN 0+ Yr Index.

    Potential to protect against rising rates

    FRNs pay coupons (interest) that vary with short-term interest rates. Interest rates are reset periodically resulting in reduced duration (interest rate) risk.

    Yield premium

    For an elevated risk FRNs typically offer a higher yield.

    Performance

    Holdings & allocations

    Dividends

    Election of Dividend Reinvestment Plan (DRP)

    You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.

    Documents & insights

    FLOTAU /blog/fixed-income/
    Exchange Traded Funds (ETFs)
    Information about
    Education
    Connect with us