MVIS® US Investment Grade Floating Rate Index

The MVIS® US Investment Grade Floating Rate index (MVFLTR) tracks the performance of US-investment grade floating rate notes. MVFLTR is a modified market cap-weighted index, and Included in the index are USD-denominated floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States. Additionally, they must have at least one investment grade rating by a rating agency and must not be rated 'below investment grade' by any rating agency. Only bonds with an amount outstanding of at least USD 500 mln are available for inclusion. Securities included in the index must have a minimum of 6 months remaining to maturity.

Key Features

Amount Outstanding At least 500 mln USD.
Maturity A minimum of six months remaining to maturity to be included in the index.
Weighting Cap 2% for any single constituent.
Review Monthly.
IndexLast CloseOpenLastChangeChange (1Y)Range (1Y)
1,308.24 1,308.24 --13.55%1,113.06 - 1,308.24
Symbol IndexName
MVFLTR MVIS® US Investment Grade Floating Rate Total Return Gross Index