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

Size and Liquidity Requirements Full MCap of at least 150 mln USD. Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews. At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
Universe Companies have to generate at least 50% of revenues from sectors defined above.
Diversification Company weightings are capped at 8%.
Review Quarterly.
Launch Date: 10 Feb 2011
Calculator: Solactive AG
Dissemination: End-of-Day
Dissemination Period: 17:00 (EST)
Type: Bond
Currency: USD
Current Components: 223
Base Date: 10 Feb 2011
Base Value: 1000
Full Market Cap: -
Free-Float Market Cap: -
Next Review: 31 Dec 2021

Identifiers

PriceTotal Return NetTotal Return Gross
ISIN: - - US57062N1046
Sedol: - - B9FKZS0
WKN: - - A1RRU1
Bloomberg: - - MVFLTR
Reuters: - - .MVFLTR
Telekurs: - - 12849290
FIGI: - - BBG001MCKJK0

Non-Dissemination Days

Following the index methodology as described in the MVIS Global Equity Index Guide, the Index will not be disseminated on the following days:

  • 01 Jan 2021
  • 18 Jan 2021
  • 15 Feb 2021
  • 02 Apr 2021
  • 31 May 2021
  • 05 Jul 2021
  • 06 Sep 2021
  • 25 Nov 2021
  • 24 Dec 2021
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