MVIS US Investment Grade Floating Rate Index

The modified market cap-weighted index tracks the performance of US-investment grade floating rate notes. 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, if they 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. The MVIS US Investment Grade Floating Rate Index (MVFLTR) has been licensed to underlie financial products with currently USD 510.48 million in assets under management.

Country and Sectors Weightings

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

CountryComponentsWeight
Canada26 3.74%
United States216 61.51%
France7 1.51%
Germany19 3.57%
Italy2 0.21%
Netherlands11 2.29%
Norway1 0.06%
Spain3 0.89%
Sweden5 0.92%
Switzerland9 2.97%
United Kingdom23 7.60%
Australia26 5.15%
Hong Kong1 0.10%
Japan25 7.53%
South Korea1 0.06%
New Zealand1 0.30%
Singapore4 0.78%
China3 0.80%
Total383 100.00%
SectorComponentsWeight
Energy8 1.33%
Utilities8 1.33%
Financial253 74.50%
Consumer - Cyclical42 5.82%
Basic Materials1 0.06%
Consumer - Non-cyclical24 4.72%
Communications16 7.24%
Technology16 2.80%
Industrial15 2.19%
Total383 100.00%
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