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VanEck Australian Floating Rate ETF (FLOT) - Share Price and Research

$24.940 0.02 (0.08%)

FLOT General Information +

ASX Code FLOT
Website http://www.vaneck.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 296
FLOT Share Price $24.940
Day High $24.960
Day Low $24.940
Last Close $24.960
FLOT Share Price Movement $0.02 ( 0.08% )
Prices as at 16:40, 3 Dec 2021
+Security prices are delayed by at least 20 minutes and are indicative only.

FLOT Related Research

FLOT Company Overview

Business Description

VanEck Australian Floating Rate ETF (FLOT, formerly VanEck Vectors Australian Floating Rate ETF) invests in a diversified portfolio of Australian dollar denominated floating rate bonds with the aim of providing investment returns (before management costs) that closely track the returns of the Bloomberg Aus Bond Credit FRN 0+ Yr Index (BAFRN0).

FLOT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 A 2.93 28.80 -11.10% 87.20 22.00 0.90% 0.0%
2020 A 3.40 32.40 -52.80% 77.10 46.00 1.80% 0.0%
2019 A 4.23 68.60 133.10% 36.60 63.00 2.50% 0.0%

FLOT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 A 2021 A 2019 A 2020 A 2021 A 2019 A 2020 A 2021 A
VanEck Australian Floating Rate ETF (FLOT) $297M -0.1112 0.0000 0.0000 86.5532 0.0000 0.0000 0.88% 0.00% 0.00%
IOOF (IFL) $2,357M -0.0934 0.3081 0.0764 14.3365 10.9601 10.1823 4.82% 6.15% 6.80%
Magellan Financial Group (MFG) $5,971M -0.0451 0.1037 0.0604 14.0614 12.7407 12.0155 6.57% 7.11% 7.24%
Netwealth Group (NWL) $3,960M 0.2275 0.2306 0.1921 72.0177 58.5225 49.0931 0.00% 1.37% 1.63%
Pinnacle Investment Management Group (PNI) $3,155M 1.0323 0.0436 0.1990 43.4247 41.6120 34.7055 1.81% 1.92% 2.30%

FLOT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 86.70 1.00 0.00
Market 0.64 11.80 1.87 1.10
Sector 1.19 7.27 1.02 2.37

FLOT Directors

Name Position Start Date
Mr Jonathan Simon Non-Executive Director 1 Jan 0001
Mr Arian Neiron Non-Executive Director 1 Jan 0001
Mr Michael Brown Non-Executive Director 1 Jan 0001
Mr Jan van Eck Non-Executive Director 1 Jan 0001
Mr Bruce Smith Non-Executive Director 1 Jan 0001

FLOT Management

Name Position
Timothy Bethe Company Secretary

FLOT Calendar of Events

Date Event
26 September 2022 Report (Annual)
16 December 2021 Div Pay Date

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