FLTR 📈 VanEck Investment Grade - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US92189F4862 • Ultrashort Bond
FLTR: Floating Rate Notes, Corporate Bonds, Investment Grade Debt
The VanEck Investment Grade Floating Rate ETF (NYSE ARCA:FLTR) is an exchange-traded fund that typically allocates at least 80% of its assets to securities that make up its benchmark index. This index consists of U.S. dollar-denominated floating rate notes issued by publicly traded companies in the United States that have an investment-grade credit rating.
The fund's investment strategy focuses on corporate entities and similar commercial entities that are required to publicly disclose their financial information. This transparency allows investors to make more informed decisions about their investments.
As a non-diversified fund, the VanEck Investment Grade Floating Rate ETF may invest a larger portion of its assets in a smaller number of securities, which can increase its exposure to specific market risks. However, this approach can also provide the potential for higher returns if the selected securities perform well.
The fund is managed by VanEck, a well-established investment management firm based in the United States. With a strong presence in the global investment market, VanEck provides a range of investment solutions to individual and institutional investors.
For more information about the VanEck Investment Grade Floating Rate ETF, you can visit the company's website at http://www.vaneck.com.
Additional Sources for FLTR ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
FLTR ETF Overview
| Market Cap in USD | 1,776m |
| Category | Ultrashort Bond |
| TER | 0.14% |
| IPO / Inception | 2011-04-25 |
FLTR ETF Ratings
| Growth 5y | 71.6% |
| Fundamental | - |
| Dividend | 75.0% |
| Rel. Performance Sector | 3.67 |
| Analysts | - |
| Fair Price Momentum | 25.73 USD |
| Fair Price DCF | - |
FLTR Dividends
| Dividend Yield 12m | 5.57% |
| Yield on Cost 5y | 6.59% |
| Annual Growth 5y | 14.61% |
| Payout Consistency | 89.05% |
FLTR Growth Ratios
| Growth Correlation 3m | 99.6% |
| Growth Correlation 12m | 99.9% |
| Growth Correlation 5y | 88.1% |
| CAGR 5y | 3.42% |
| CAGR/Mean DD 5y | 6.46 |
| Sharpe Ratio 12m | 2.70 |
| Alpha | -1.73 |
| Beta | 0.16 |
| Volatility | 1.56% |
| Current Volume | 718.5k |
| Average Volume 20d | 761k |
As of December 06, 2024, the stock is trading at USD 25.44 with a total of 718,500 shares traded.
Over the past week, the price has changed by +0.13%, over one month by +0.44%, over three months by +1.86% and over the past year by +7.52%.
Yes. Based on ValueRay Analyses, VanEck Investment Grade (NYSE ARCA:FLTR) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 71.56 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FLTR as of December 2024 is 25.73. This means that FLTR is currently overvalued and has a potential downside of 1.14%.
VanEck Investment Grade has no consensus analysts rating.
According to ValueRays Forecast Model, FLTR VanEck Investment Grade will be worth about 27.9 in December 2025. The stock is currently trading at 25.44. This means that the stock has a potential upside of +9.47%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 27.9 | 9.5% |