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

- Current share price for FLOT : $24.960

VanEck Australian Floating Rate ETF (FLOT) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. VanEck Australian Floating Rate ETF (FLOT, formerly VanEck Vectors Australian Floating Rate ETF) invests in a portfolio of Australian dollar-denominated floating rate bonds to provide 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) 750
FLOT Share Price $24.960
Day High $25.000
Day Low $24.960
Last Close $24.960
FLOT Share Price Movement - ( No change )
Prices as at 16:40, 30 Jan 2025
+Security prices are delayed by at least 20 minutes and are indicative only.

FLOT Fund Information

Diversified Credit
Bloomberg Global Aggregate TR Hdg AUD
starstarstarstar
starstarstar (as at 31 Dec 2024)
Investment Fund
6 Jul 2017
$759.28 million (as at 28 Jan 2025)

FLOT ETF performance (31 Dec 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.42 1.25 2.61 5.47 5.15 3.76 2.6 -
Growth return -0.01 -0.02 0.05 0.33 0.37 0.08 -0.05 -
Income return (Yield) 0.43 1.27 2.56 5.14 4.78 3.68 2.65 -

Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -0.86 -1.22 2.72 2.23 3.76 -1.89 -0.46 1.85

FLOT Related Research

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 0¢ 0% 3 Feb 2025 18 Feb 2025 $24.960 $24.940 -
Result 10.5¢ 0% 8 Jan 2025 23 Jan 2025 $24.960 $24.940 -
Result 10.5¢ 0% 2 Dec 2024 17 Dec 2024 $24.960 $24.940 -

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

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
VanEck Australian Floating Rate ETF (FLOT) Financials $750 Dividend Timetable 24 Jan 2025 1:07PM $24.960 $24.960 fallen by 0%
VanEck Australian Floating Rate ETF (FLOT) Financials $750 Dividend component details 15 Jan 2025 2:23PM $24.925 $24.960 risen by 0.14%
VanEck Australian Floating Rate ETF (FLOT) Financials $750 Dividend Reinvestment Plan Prices 8 Jan 2025 1:59PM $24.930 $24.960 risen by 0.12%
VanEck Australian Floating Rate ETF (FLOT) Financials $750 Issued Units Outstanding as at 31 December 2024 8 Jan 2025 10:19AM $24.940 $24.960 risen by 0.08%
VanEck Australian Floating Rate ETF (FLOT) Financials $750 Final Dividend/Distribution for period ending 7 Jan 2025 7 Jan 2025 8:32AM $25.040 $24.960 fallen by 0.32%
VanEck Australian Floating Rate ETF (FLOT) Financials $750 Dividend Timetable 19 Dec 2024 1:38PM $24.965 $24.960 fallen by 0.02%

FLOT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $35.22 $129.70 73.50% 19.20 121.00 4.90% 0.0%
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%

FLOT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
VanEck Australian Floating Rate ETF (FLOT) $750M 0.7353 0.0000 0.0000 19.2429 0.0000 0.0000 4.85% 0.00% 0.00%
HMC Capital (HMC) $3,856M 0.2364 0.0000 0.0000 36.9419 0.0000 0.0000 1.28% 0.00% 0.00%
Insignia Financial (IFL) $2,998M 0.6567 -0.2226 0.0203 9.4145 12.1105 11.8694 2.08% 1.79% 5.37%
Netwealth Group (NWL) $7,573M 0.2382 0.2487 0.2325 90.7331 72.6632 58.9558 0.90% 1.14% 1.38%
Pinnacle Investment Management Group (PNI) $5,858M 0.1667 0.1969 0.1911 56.8132 47.4660 39.8489 1.62% 1.90% 2.26%

FLOT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 19.20 1.00 0.00
Market 0.37 14.00 1.09 0.84
Sector 0.54 13.50 1.07 0.62

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 Lee Rappaport Non-Executive Director 1 Jul 2023

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
29 September 2025 Report (Annual)
18 February 2025 Div Pay Date
04 February 2025 Books Close
03 February 2025 Div Ex Date

FAQs about VanEck Australian Floating Rate ETF (FLOT)

VanEck Australian Floating Rate ETF's (FLOT) current share price is $24.96. This constitutes a price movement of 0.08% when compared to the share price 7 days ago and is -0.32% below FLOT's 12-month high of $25.04 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $24.96, VanEck Australian Floating Rate ETF's (FLOT) current share price of $24.96 constitutes a movement of or 0%. VanEck Australian Floating Rate ETF's (FLOT) share price movement is 0.08% when compared to 7 days ago and is -0.32% below FLOT's 52-week high of $25.04.

VanEck Australian Floating Rate ETF's (FLOT) 52-week high is $25.04 which was reached on 31 Oct 2024. Relative to this, FLOT's current share price of $24.96 constitutes a -$0.08 or -0.32% drop since that high of $25.04 per FLOT share.

VanEck Australian Floating Rate ETF's (FLOT) 52-week low is $24.82 which was reached on 1 Mar 2024. Relative to this, FLOT's current share price of $24.96 constitutes a $0.14 or 0.56% gain since that low of $24.82 per FLOT share.

VanEck Australian Floating Rate ETF's (FLOT) current market capitalisation is $750,399,087. 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 $0.11 per share and was paid on 23 Jan 2025. This last FLOT distribution or dividend included 0% franking. The next dividend payment for VanEck Australian Floating Rate ETF (FLOT) is due on 18 Feb 2025.

Upcoming ex-distribution date: 8 Jan 2025

Upcoming record date: 9 Jan 2025

Upcoming payment date: 23 Jan 2025

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 4.90%. 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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