2024-04-23 09:09:12 ET
Summary
- VanEck IG Floating Rate ETF offers exposure to investment-grade floating rate note investments.
- The ETF provides investors with protection from a higher for longer environment.
- FLTR provides investors with an attractive yield that is paid monthly.
Written by Nick Ackerman, co-produced by Stanford Chemist.
The VanEck IG Floating Rate ETF ( FLTR ) provides investors exposure to floating rate note investments, but those come with a high-quality investment grade rating. While we tend to focus on senior loan CEFs and ETFs that invest more in junk-rated loans, there is still a universe that exists that provides floating rates to investors with higher quality ratings. That's where FLTR can come in to provide this type of exposure....
Read the full article on Seeking Alpha
For further details see:
FLTR: Higher For Longer And Reaching For Quality