VanEck Australian Floating Rate ETF
VanEck · Bloomberg AusBond Credit FRN 0+ Yr Index · Since 2017
Annual fee
0.22%
$22/yr per $10,000
Fund size
$1.2B
AUD
Dividend yield
5%
Monthly · approx. as at Q2 2026
Holdings
228
companies
Next estimated distribution: ~July 2026 (estimated, not guaranteed; confirm with the fund manager). Distribution calendar →
FLOT holds floating rate bonds, bonds whose interest payments reset periodically to track market rates. When rates rise, income from FLOT rises; when rates fall, income falls. This makes FLOT more resilient to interest rate rises than traditional bond ETFs like VAF, which can fall in capital value when rates increase. FLOT holds investment-grade Australian and global corporate floating rate bonds, mostly major bank paper. Monthly income.
Based on publicly available fund data. Not a recommendation to buy or sell.
Strengths
Watch out for
| Company | Weight |
|---|---|
| Westpac Banking Corporation | 2.0% |
| VanEck Cash Plus Active ETF | 1.7% |
| National Australia Bank Limited | 1.7% |
| Australia & New Zealand Banking Group L | 1.6% |
| Commonwealth Bank Of Australia | 1.3% |
See how FLOT combines with your other ETFs: Stock X-Ray →
| Sector | Weight |
|---|---|
| Financials | 97.4% |
| Information Technology | 0.3% |
| Utilities | 0.3% |
| Country | Weight |
|---|---|
| Australia | 86% |
| United States | 3% |
| Canada | 2.7% |
| France | 2.4% |
| South Korea | 1.6% |
| United Kingdom | 1.2% |
| Singapore | 0.9% |
| Sweden | 0.8% |
| Spain | 0.7% |
| New Zealand | 0.3% |
| Germany | 0.2% |
| Virgin Islands | 0.1% |
You know what FLOT owns. Do you know what your whole portfolio owns?
The Portfolio Builder combines all your ETFs into one view, real overlap, real sector exposure, real fee cost in dollars.
Portfolio Builder is Pro · $19/month · Cancel anytime
Compare FLOT with similar ETFs
Side-by-side fees, holdings overlap and performance.
Find near-twins of FLOT →General information only, not financial advice. ETFLens does not hold an AFSL. Always read the relevant PDS and consider seeking advice from a licensed financial adviser.
FLOT holds floating rate bonds, bonds whose interest payments reset periodically to track market rates.
FLOT's annual management fee is 0.22% per year ($22 per $10,000 invested).
FLOT pays distributions monthly. Distributions are not guaranteed and will vary.