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

Current share price for FLOT : $24.900 0.03 (0.12%)

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 General Information +

ASX Code FLOT
Website http://www.vaneck.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 689
FLOT Share Price $24.900
Day High $24.930
Day Low $24.900
Last Close $24.930
FLOT Share Price Movement $0.03 ( 0.12% )
Prices as at 16:40, 16 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

FLOT Related Research

Exchange Traded Fund 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).

VanEck Australian Floating Rate ETF (FLOT) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 10.5¢ 0% 2 Apr 2024 17 Apr 2024 $24.900 $24.860 -
Result 10¢ 0% 1 Mar 2024 18 Mar 2024 $24.900 $24.860 -
Result 10¢ 0% 1 Feb 2024 16 Feb 2024 $24.900 $24.860 -

See all dividends from VanEck Australian Floating Rate ETF (FLOT) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

VanEck Australian Floating Rate ETF (FLOT) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Dividend component details 9 Apr 2024 9:14AM $24.860 $24.900 $24.860 risen by 0.16%
Issued Units Outstanding as at 31 March 2024 3 Apr 2024 8:27AM $24.830 $24.900 $24.860 risen by 0.28%
Dividend Reinvestment Plan Prices 2 Apr 2024 1:05PM $24.845 $24.900 $24.860 risen by 0.22%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from VanEck Australian Floating Rate ETF (FLOT) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

FLOT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A $18.88 $74.80 -662.50% 33.20 82.00 3.30% 0.0%
2022A -$2.01 -$13.30 -146.20% 0.00 23.00 0.90% 0.0%
2021A $2.93 $28.80 -11.10% 87.20 22.00 0.90% 0.0%

FLOT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2021 A 2022 A 2023 A 2021 A 2022 A 2023 A 2021 A 2022 A 2023 A
VanEck Australian Floating Rate ETF (FLOT) $690M -6.6245 0.0000 0.0000 33.3244 0.0000 0.0000 3.29% 0.00% 0.00%
Magellan Financial Group (MFG) $1,715M -0.5164 -0.0458 -0.1145 9.4853 9.9403 11.2255 12.30% 5.97% 5.29%
Netwealth Group (NWL) $4,915M 0.1948 0.3544 0.1673 73.1300 53.9946 46.2563 1.19% 1.57% 1.84%
Pinnacle Investment Management Group (PNI) $2,275M -0.0127 -0.0785 0.1948 28.7179 31.1630 26.0829 3.21% 2.89% 3.07%
Perpetual (PPT) $2,863M -0.2217 0.0181 0.1179 15.0558 14.7875 13.2284 6.15% 5.15% 5.55%

FLOT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 33.40 1.01 0.00
Market 0.50 15.10 1.12 1.04
Sector 0.56 14.00 1.04 0.87

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

VanEck Australian Floating Rate ETF (FLOT) Changes in Directors' Interest & Trades

There are no directors' trades from VanEck Australian Floating Rate ETF (FLOT). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

FLOT Management

Name Position
Timothy Bethe Company Secretary

FLOT Calendar of Events

Date Event
27 September 2024 Report (Annual)
17 April 2024 Div Pay Date

FAQs about VanEck Australian Floating Rate ETF (FLOT)

VanEck Australian Floating Rate ETF's (FLOT) current share price is $24.90. This constitutes a price movement of 0.16% when compared to the share price 7 days ago and is -0.20% below FLOT's 12-month high of $24.95 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $24.93, VanEck Australian Floating Rate ETF's (FLOT) current share price of $24.90 constitutes a movement of -$0.03 or -0.12%. VanEck Australian Floating Rate ETF's (FLOT) share price movement is 0.16% when compared to 7 days ago and is -0.20% below FLOT's 52-week high of $24.95.

VanEck Australian Floating Rate ETF's (FLOT) 52-week high is $24.95 which was reached on 31 Aug 2023. Relative to this, FLOT's current share price of $24.90 constitutes a -$0.05 or -0.20% drop since that high of $24.95 per FLOT share.

VanEck Australian Floating Rate ETF's (FLOT) 52-week low is $24.73 which was reached on 3 Jul 2023. Relative to this, FLOT's current share price of $24.90 constitutes a $0.17 or 0.69% gain since that low of $24.73 per FLOT share.

VanEck Australian Floating Rate ETF's (FLOT) current market capitalisation is $689,861,572. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

VanEck Australian Floating Rate ETF (FLOT) last distribution or dividend was $0.10 per share and was paid on 18 Mar 2024. This last FLOT distribution or dividend included 0% franking. The next dividend payment for VanEck Australian Floating Rate ETF (FLOT) is due on 17 Apr 2024.

Upcoming ex-distribution date: 1 Mar 2024

Upcoming record date: 4 Mar 2024

Upcoming payment date: 18 Mar 2024

ETFs, such as VanEck Australian Floating Rate ETF (FLOT), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like VanEck Australian Floating Rate ETF (FLOT), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within VanEck Australian Floating Rate ETF (FLOT).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

VanEck Australian Floating Rate ETF (FLOT) has a current dividend yield of n/a this year. Last year's dividend yield was 3.30%. The dividend yield for FLOT is a ratio that tells you the percentage of VanEck Australian Floating Rate ETF (FLOT)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

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