FLTR tracks the Market Vectors US Investment Grade Floating Rate Index (MVFLTR), which consists of U.S. dollar-denominated floating rate notes issued by corporate issuers and rated investment grade by at least one of the three rating services: Moody’s, S&P or Fitch, according to Market Vectors.

FLOT charges 0.2% per year and has a 30-day SEC yield of 0.4%. FLTR’s 30-day SEC yield is 0.59%.

Market Vectors Investment Grade Floating Rate

ETF Trends editorial team contributed to this post.

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