VanEck Raises FLTR’s November Distribution 7.3% to $0.0955

Shareholders in VanEck IG Floating Rate ETF (FLTR) are scheduled to receive $0.0955 per share on Nov. 5, about 7.3% more than the fund’s October distribution. The November amount is $0.0065 above October’s $0.0890 payment. Friday, Oct. 30, was the declaration date. Monday, Nov. 2, was both the ex-dividend date and the record date, with payment set for Thursday, Nov. 5. FLTR seeks to follow a benchmark made up of floating-rate notes denominated in U.S. dollars and issued by U.S. public reporting companies with investment-grade ratings.

Source: TokenPost