Summary
- VanEck IG Floating Rate ETF is a short-dated, floating rate fund.
- The fund is composed of investment grade bonds solely, being overweight 'A' credits.
- 2023 is shaping up to be another very tough year for markets, with no consensus view emerging regarding a 'soft' vs 'hard' landing.
- Short-dated floating rate funds, which capture the move higher in yields are a great way to keep your cash safe this year while earning a 5.35% yield.
- This article covers Portfolio Strategy.
For further details see:
FLTR: A Great Way To Earn 5.35% This Year Without Headaches