(FLTR) VanEck Investment Grade - Ratings and Ratios

The VanEck Investment Grade Floating Rate ETF (FLTR) is designed to track the performance of U.S. dollar-denominated floating rate notes issued by investment-grade corporate entities. These securities are typically tied to short-term interest rate benchmarks, such as LIBOR, and are structured to adjust their interest payments periodically. The fund normally invests at least 80% of its total assets in securities that comprise its benchmark index. The index focuses on floating rate notes from public reporting companies in the United States, offering exposure to debt instruments with lower duration risk compared to traditional fixed-rate bonds. The fund is non-diversified, meaning it may concentrate its holdings in a smaller number of issuers. For more information, visit http://www.vaneck.com.

Based on the provided data, the 3-month forecast for FLTR suggests a stable trading range. Technically, the funds short-term moving averages (SMA 20: 25.27, SMA 50: 25.34) indicate a slight upward trend, while the SMA 200 (24.97) reflects longer-term stability. The Average True Range (ATR) of 0.11 signals low volatility, suggesting price movements will remain constrained. Fundamentally, the funds assets under management (AUM) of $2.31 billion highlight its liquidity and investor confidence. Given these factors, FLTR is expected to trade within a narrow range of $25.20 to $25.60 over the next three months, with potential for slight downside if interest rate sensitivity increases.