FLTR Fees and Costs — VanEck IG Floating Rate ETF
Data updated: 2026-09-25
The net expense ratio is 0.14%. There are no sales loads or redemption fees. Portfolio turnover was 75%.
FLTR Fees and Expenses
Annual operating expenses and sales charges of FLTR. Prospectus, as of September 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.14% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.14% |
| Fee waiver | — |
| Net expense ratio | 0.14% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FLTR Costs Over Time
On $10,000 invested in FLTR, assuming 5% a year before costs, total costs come to $89 over 5 years, cutting the return by 0.15% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.14%) | $15 | $46 | $81 |
| Lost growth on money paid in costs | $0 | $2 | $8 |
| Total costs | $15 | $49 | $89 |
| Value after costs | $10,485 | $11,528 | $12,674 |
| Impact on return, per year | 0.15% | 0.15% | 0.15% |
FLTR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $4.2B
- Portfolio turnover (prospectus): 75%
- Securities on loan, average value: $18.9M
- Net income from securities lending: $63K (0.002% of average net assets)
FLTR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $3.7B | 90.23% |
| Goldman Sachs & Co. LLC | $188.5M | 4.54% |
| J.P. Morgan Securities LLC | $157.9M | 3.80% |
| Jane Street Capital, LLC | $46.1M | 1.11% |
| RBC Capital Markets, LLC | $7.3M | 0.18% |
| Mizuho Securities USA LLC | $2.3M | 0.06% |
| Morgan Stanley & Co. LLC | $2.2M | 0.05% |
| UBS Securities LLC | $1.1M | 0.03% |
| BNY Capital Markets, LLC | $377K | 0.01% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.