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.

Country and Sectors Weightings

Country and Sector weightings are based on the weightings of all index components in a certain country or sector.

CountryComponentsWeight
Canada28 10.27%
United States121 60.53%
France4 1.26%
Germany7 2.92%
Ireland1 0.17%
Netherlands3 0.61%
Norway1 0.13%
Spain2 0.28%
Sweden1 0.11%
Switzerland9 4.15%
United Kingdom12 7.15%
Australia14 5.31%
Japan15 5.30%
South Korea1 0.58%
New Zealand1 0.17%
Singapore1 0.11%
China2 0.94%
Total223 100.00%
SectorComponentsWeight
Energy4 0.61%
Utilities11 3.58%
Financial155 73.65%
Consumer Cyclical15 4.51%
Consumer Non-cyclical9 2.34%
Communications8 7.10%
Technology2 0.66%
Industrial9 3.21%
Total213 95.66%
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