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

Current share price for FLOT : $25.000 0.01 (0.04%)+

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 diversified 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) 744
FLOT Share Price $25.000
Day High $25.020
Day Low $24.990
Last Close $24.990
FLOT Share Price Movement $0.01 ( 0.04% )
Prices as at 11:30, 31 Dec 2024
+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 30 Nov 2024)
Investment Fund
6 Jul 2017
$743.75 million (as at 16 Dec 2024)

FLOT ETF performance (30 Nov 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 0.35 1.25 2.58 5.54 5.09 3.62 2.54 -
Growth return -0.07 -0.02 0.03 0.42 0.39 0.07 -0.06 -
Income return (Yield) 0.42 1.27 2.55 5.12 4.7 3.55 2.6 -

Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 1.16 0.7 4.42 6.23 3.52 -1.75 -0.34 2.01

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 10.5¢ 0% 2 Dec 2024 17 Dec 2024 $25.000 $24.970 -
Result 10.5¢ 0% 1 Nov 2024 18 Nov 2024 $25.000 $24.970 -
Result 10.5¢ 0% 1 Oct 2024 16 Oct 2024 $25.000 $24.970 -

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 $745 Dividend Timetable 19 Dec 2024 1:38PM $24.965 $25.000 risen by 0.14%
VanEck Australian Floating Rate ETF (FLOT) Financials $745 Dividend component details 10 Dec 2024 8:39AM $24.920 $25.000 risen by 0.32%
VanEck Australian Floating Rate ETF (FLOT) Financials $745 Issued Units Outstanding as at 30 November 2024 6 Dec 2024 1:23PM $24.905 $25.000 risen by 0.38%
VanEck Australian Floating Rate ETF (FLOT) Financials $745 Dividend Reinvestment Plan Prices 2 Dec 2024 2:31PM $24.910 $25.000 risen by 0.36%
VanEck Australian Floating Rate ETF (FLOT) Financials $745 Final Dividend/Distribution for period ending 30 Nov 2024 29 Nov 2024 8:42AM $25.010 $25.000 fallen by 0.04%
VanEck Australian Floating Rate ETF (FLOT) Financials $745 Dividend Timetable 25 Nov 2024 9:28AM $25.010 $25.000 fallen by 0.04%

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) $744M 0.7353 0.0000 0.0000 19.2661 0.0000 0.0000 4.84% 0.00% 0.00%
HMC Capital (HMC) $4,198M 0.0191 0.0000 0.0000 48.8015 0.0000 0.0000 1.18% 0.00% 0.00%
Insignia Financial (IFL) $2,401M 0.6567 -0.2226 0.0203 7.5400 9.6993 9.5061 2.60% 2.23% 6.70%
Netwealth Group (NWL) $7,128M 0.2382 0.2487 0.2325 85.3959 68.3889 55.4878 0.96% 1.21% 1.47%
Pinnacle Investment Management Group (PNI) $5,253M 0.1667 0.1969 0.1911 50.9451 42.5633 35.7330 1.81% 2.11% 2.52%

FLOT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 19.30 1.00 0.00
Market 0.28 13.70 1.08 0.86
Sector 0.32 13.10 1.05 0.74

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
Mr Lee Rappaport 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
29 September 2025 Report (Annual)

FAQs about VanEck Australian Floating Rate ETF (FLOT)

VanEck Australian Floating Rate ETF's (FLOT) current share price is $25.00. This constitutes a price movement of 0.12% when compared to the share price 7 days ago and is -0.16% 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 $24.99, VanEck Australian Floating Rate ETF's (FLOT) current share price of $25.00 constitutes a movement of $0.01 or 0.04%. VanEck Australian Floating Rate ETF's (FLOT) share price movement is 0.12% when compared to 7 days ago and is -0.16% 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 $25.00 constitutes a -$0.04 or -0.16% 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 9 Jan 2024. Relative to this, FLOT's current share price of $25.00 constitutes a $0.18 or 0.73% gain since that low of $24.82 per FLOT share.

VanEck Australian Floating Rate ETF's (FLOT) current market capitalisation is $744,545,150. 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 17 Dec 2024. This last FLOT distribution or dividend included 0% franking.

Upcoming ex-distribution date: 2 Dec 2024

Upcoming record date: 3 Dec 2024

Upcoming payment date: 17 Dec 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 franking level of 0%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

VanEck Australian Floating Rate ETF (FLOT) has a current dividend yield of 4.90% 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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