The VanEck Australian Floating Rate ETF (Ticker: AU:FLOT) offers investors a unique opportunity to gain exposure to a diversified portfolio of investment grade, floating rate corporate and bank loans within the Australian financial landscape. This ETF is specifically designed for those seeking to capitalize on the benefits of floating rate instruments, which can offer protection against rising interest rates by adjusting their payouts in line with market fluctuations. As a category leader in corporate and bank loans, AU:FLOT strategically focuses on high-quality, investment grade securities that provide a balance of income generation and risk mitigation. Ideal for investors looking to enhance their portfolio with a targeted approach, the VanEck Australian Floating Rate ETF stands out in its niche, offering both stability and adaptability in an ever-evolving economic environment.
Asset Class
Fixed Income
Region
Global
Issuer
VanEck
Index Tracked
Bloomberg AusBond Credit FRN 0+ Yr Index - AUD
Ticker Symbol
AU:FLOT
VanEck Australian Floating Rate ETF (FLOT) Fund Flow Chart
VanEck Australian Floating Rate ETF (FLOT) 1 year Net Flows: 71M
FLOT ETF FAQ
What was AU:FLOT’s price range in the past 12 months?
AU:FLOT lowest ETF price was 24.80 and its highest was 25.29 in the past 12 months.
What is the AUM of AU:FLOT?
As of Jan 29, 2025 The AUM of AU:FLOT is 759.28M.
Is AU:FLOT overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does AU:FLOT pay dividends?
AU:FLOT does not currently pay dividends.
How many shares outstanding does AU:FLOT have?
Currently, no data Available
Which hedge fund is a major shareholder of AU:FLOT?
Currently, no hedge funds are holding shares in AU:FLOT