SFDR Classification

Lyxor $ Floating Rate Note UCITS ETF - Dist

Latest NAV
99.4884 USD
Performance YTD


Assets Under Management
131m USD
Dividend Policy
Investment Objective

The Lyxor $ Floating Rate Note UCITS ETF - Dist is a UCITS compliant exchange traded fund that aims to track the benchmark index Bloomberg Barclays MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index. The index is representative of the performance of USD denominated, investment grade floating rate notes issued by US and non-US corporates, with maturities ranging from 1 month up to, but not including, 5 years. The bonds in the index have a variable coupon which is adjusted according to changes in the 3m USD LIBOR. Additionally, the index only includes issuers with an MSCI ESG Rating of BBB or higher, and negatively screens issuers involved in certain values-based business involvement criteria, including activities related to controversial military weapons, and those with a “red” MSCI ESG Controversy Score. Further index details and methodology may be found at www.bloomberg.com

SFDR Classification

Lyxor $ Floating Rate Note UCITS ETF - Dist


Performance history


The figures relating to [past performances / simulated past performances / past performances and simulated past performances] refer or relate to past periods and are not a reliable indicator of future results. This also applies to historical market data.

Product 1Y 3Y 5Y
Lyxor $ Floating Rate Note UCITS ETF - Dist -0.45% 1.07% 1.74%
Benchmark Index -0.15% 1.41% 2.07%
Data as of 19/05/2022, Source: Lyxor International Asset Management
Product YTD 1M 3M 1Y 3Y 5Y 10Y ALL
Lyxor $ Floating Rate Note UCITS ETF - Dist -0.39% -0.09% -0.43% -0.45% 3.24% 9% - 8.97%
Benchmark Index -0.28% -0.07% -0.35% -0.15% 4.29% 10.77% - 10.75%
Data as of 19/05/2022, Source: Lyxor International Asset Management
Product 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Lyxor $ Floating Rate Note UCITS ETF - Dist 0.16% 1.47% 4.94% 0.88% - - - - - -
Benchmark Index 0.47% 1.78% 5.35% 1.18% - - - - - -
Data as of 19/05/2022, Source: Lyxor International Asset Management

At 12/08/2019, the index reference changed from Bloomberg US Corporate FRN 2-7 Year Total Return Index Unhedged USD to Bloomberg MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index.

NAV History

Date NAV Currency Fund AUM
19/05/2022 99.4884 USD 142m USD
18/05/2022 99.4989 USD 141m USD
11/05/2022 99.507 USD 136m USD
10/05/2022 99.5191 USD 136m USD
06/05/2022 99.5649 USD 137m USD

Dividend History

Date Amount Currency
08/12/2021 0.31 USD
07/07/2021 0.48 USD
09/12/2020 0.39 USD
08/07/2020 0.78 USD
11/12/2019 1.11 USD


This ETF uses synthetic replication to track the performance of the index. As such, the holdings of the ETF may vary from that of the benchmark index.
You can read more about our approach to replication in our pragmatic guide to replication.

Name Currency Weight Sector Country
MS 0 10/24/23 USD 1.83% Financials United States
HSBC 0 05/18/24 USD 1.46% Financials United Kingdom
C 0 09/01/23 USD 1.35% Financials United States
GS 0 02/23/23 USD 1.34% Financials United States
VZ 0 05/15/25 USD 1.32% Communications United States
MS 0 05/08/24 USD 1.28% Financials United States
JPM 0 10/24/23 USD 1.22% Financials United States
MUFG 0 07/26/23 USD 1.21% Financials Japan
BNS Float 09/15/23 USD 1.16% Financials Canada
BACR 0 05/16/24 USD 1.1% Financials United Kingdom
Name Listing Currency Quantity Weight Sector Country
WIT 0 3/4 01/31/28 USD 385,340 26.73% Government United States
T 2 7/8 05/15/43 USD 330,078 25.08% Government United States
T 1 07/31/28 USD 262,531 18.32% Government United States
T 2 3/4 02/15/28 USD 71,894 5.6% Government United States
T 2 3/8 05/15/51 USD 44,201 3.12% Government United States
TII 0 1/8 07/15/31 USD 35,354 3.01% Government United States
T 2 7/8 08/15/28 USD 32,377 2.54% Government United States
GS 0 02/23/23 USD 3,000 2.37% Financials United States
TII 0 3/4 07/15/28 USD 18,202 1.73% Government United States
T 1 3/8 10/31/28 USD 20,422 1.46% Government United States
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 21/04/2022

1 week moving average of counterparty risk level

Counterparty risk level at daily adjustment time

Swap Price Component

Although past performance is no indicator of future performance, you can get an estimation of the swap price component over the last 12 months by adding the TER to the realized Tracking Difference. the price of being long the index and short the basket of securities held by the ETF (ie. the spread applicable to the index performance provided by the swap counterparty) can be understood as the swap price component. The latter can be positive or negative, depending on the following factors: Read more

Lyxor $ Floating Rate Note UCITS ETF - Dist

1Y Tracking Difference -0.3%
Total Expense Ratio +0.1%
Swap price component estimation =-0.2%

Index Information

Full Name Bloomberg MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index
Index Type Performance
Index Bloomberg Ticker I34979US
Index Currency USD
Number of Index Components 180
Further Information www.bloomberg.com


Coupon Rate (%) 1.14
Yield (%) 1.4
Duration (Years) 0.25
Modified Duration (Years) 0.06
Maturity (Years) 1.89
Convexity (%) -0
Data as of 21/04/2022

Index Composition Breakdown

Sector Breakdown

Financials 77.65%
Real Estate 9.52%
Consumer Discretionary 4.58%
Industrials 2.97%
Communications 1.86%
Health Care 1.82%
Energy 0.8%
Utilities 0.8%

Maturity Breakdown

0-1Y 23.87%
1-3Y 62.17%
3-5Y 13.97%

Ratings Breakdown

AA 12.78%
A 59.98%
BBB 27.24%

Currency Breakdown

USD 100%

Countries Breakdown

United States 43.56%
Canada 16.03%
Australia 10.29%
Japan 8.94%
United Kingdom 7.31%
Switzerland 6.98%
Germany 1.82%
Netherlands 1.76%
France 1.71%
Norway 0.88%
Spain 0.73%
Data as of 21/04/2022, Source: Lyxor International Asset Management


Main Fund Characteristics

ISIN LU1571051751
Share Class Currency USD
Assets Under Management 130.7m USD
Total Expense Ratio 0.1%
Dividend Treatment Distribution
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Unfunded swap)
Umbrella AUM 15,955.3m USD
German Tax Transparency Yes
Financial Year End 31/10/2022
Portfolio Managers Raphaël Dieterlen, Sebastien Foy
Swap Counterparty Société Générale
Full Property of the Assets Yes
Inception Date 06/04/2017
Minimum Investment 1 Share
SFDR Classification 8

DISCLAIMER: This fund includes a risk of capital loss. Investors therefore may not recover all or part of their initial investment. The redemption value of this fund may be less than the amount initially invested. In a worst case scenario, investors could sustain the loss of their entire investment. Be sure to read carefully the Key Investor Information document, and the “risk factors” section of a fund’s performance to better understand the risks involved.

Trading Information

Exchange Ticker Bloomberg Listing Currency Currency Hedged Listing Date Dividend Policy ADV 3M ISIN Fund AUM in CCY
LSE SWIM LN GBP - 12/05/2017 Distribution - LU1571051751 114m GBP
LSE BUOY LN USD - 12/05/2017 Distribution - LU1571051751 141m USD
SIX Swiss Ex BUOY SW CHF - 05/11/2020 Distribution - LU1571051751 140m CHF
Borsa Italiana* FLOTH IM EUR EUR 18/07/2017 Distribution - LU1571052130 134m EUR
*Related Shareclasses

Market Makers

Flow Traders
Société Générale
Data provided by relevant exchanges

Passporting Information

Data as of 19/05/2022, Source: Lyxor International Asset Management


Notice to Shareholders

Notice to Shareholders Lyxor Index Fund - Annual General Meeting

Notice to Shareholders

Notice to Shareholders Annual general meeting of Lyxor Index Fund

Notice to Shareholders

Notice to Shareholders Notice to the shareholders of LYXOR INDEX FUND – Lyxor $ Floating Rate Note UCITS ETF (the “Sub-Fund”)

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