The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Investment Grade Floating Rate Index. The fund normally invests at least 80% of its total assets in securities that comprise the funds benchmark index. The index is comp...
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Investment Grade Floating Rate Index. The fund normally invests at least 80% of its total assets in securities that comprise the funds benchmark index. The index is comprised of U.S. dollar-denominated floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States and rated investment grade. The fund is non-diversified.
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