Lyxor $ Floating Rate Note UCITS ETF - Dist

Latest NAV
100.69 USD
Performance YTD


Assets Under Management
107m 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


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.

Cumulative Performance

Product YTD 1M 3M 6M 1Y 3Y 5Y ALL
Lyxor $ Floating Rate Note UCITS ETF - Dist ETF 0.18% 0.05% 0.22% 0.43% 1.32% 7.12% - 9.42%
Bloomberg Barclays MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index Benchmark Index 0.23% 0.07% 0.29% 0.59% 1.63% 8.2% - 10.8%
Data as of 03/03/2021, Source: Lyxor International Asset Management

Calendar Performance

Product 2020 2019 2018 2017
Lyxor $ Floating Rate Note UCITS ETF - Dist ETF 1.47% 4.94% 0.88% -
Bloomberg Barclays MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index Benchmark Index 1.78% 5.35% 1.18% -
Data as of 03/03/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
03/03/2021 100.69 USD 107m USD
02/03/2021 100.6914 USD 107m USD
01/03/2021 100.6944 USD 107m USD
26/02/2021 100.6936 USD 107m USD
25/02/2021 100.6963 USD 108m USD

Dividend History

Date Amount Currency
09/12/2020 0.39 USD
08/07/2020 0.78 USD
11/12/2019 1.11 USD
10/07/2019 1.94 USD
11/07/2018 1.75 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
MS 0 10/24/23 USD 1.74%
JPM 0 10/24/23 USD 1.57%
HSBC 0 05/18/24 USD 1.56%
VZ 0 05/15/25 USD 1.42%
MS 0 07/22/22 USD 1.37%
GS 0 02/23/23 USD 1.32%
MUFG 0 07/26/23 USD 1.29%
MS 0 05/08/24 USD 1.22%
BACR 0 05/16/24 USD 1.18%
RBS 0 05/15/23 USD 1.17%
Name Listing Currency Quantity Weight
T 3 3/8 11/15/48 USD 169,095 19.93%
T 2 7/8 05/15/43 USD 144,872 15.52%
TII 0 1/8 01/15/30 USD 105,305 10.93%
TII 0 1/8 01/15/22 USD 98,552 10.88%
T 2 5/8 01/31/26 USD 97,629 10.03%
T 2 1/4 08/15/49 USD 84,890 8.03%
T 2 1/2 05/15/46 USD 43,674 4.37%
T 2 7/8 05/15/28 USD 35,034 3.71%
TII 0 1/8 01/15/31 USD 33,242 3.4%
TII 0 1/8 04/15/21 USD 31,062 3.22%
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 02/03/2021

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 -0.31%
Total Expense Ratio +0.1%
Swap price component estimation =-0.21%

Index Information

Full Name Bloomberg Barclays 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 173


Coupon Rate (%) 1.04
Yield (%) 0.38
Duration (Years) 0.15
Modified Duration (Years) 0.16
Maturity (Years) 1.72
Convexity (%) 0
Data as of 02/03/2021

Index Composition Breakdown

Sector Breakdown

Financials 78.6%
Consumer Discretionary 8.87%
Communications 4.25%
Technology 3.37%
Industrials 1.55%
Health Care 1.16%
Consumer Staples 0.66%

Maturity Breakdown

0-1Y 37.12%
1-3Y 51.52%
3-5Y 11.36%

Ratings Breakdown

AA 13.47%
A 50.47%
BBB 36.06%

Currency Breakdown

USD 100%

Countries Breakdown

United States 44.83%
Japan 12.72%
United Kingdom 10.71%
Australia 9.98%
Canada 7.02%
Switzerland 4.67%
Netherlands 3.31%
Sweden 2.21%
Germany 1.7%
France 1.69%
Spain 1.18%
Data as of 02/03/2021, Source: Lyxor International Asset Management


Main Fund Characteristics

ISIN LU1571051751
Share Class Currency USD
Assets Under Management 107m USD
Total Expense Ratio 0.1%
Dividend Treatment Distribution
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Swap Based)
Umbrella AUM 13,606.3m USD
Portfolio Managers Raphaël Dieterlen, Sebastien Foy
Swap Counterparty Société Générale
Full Property of the Assets Yes
Financial Year End 31/10/2021
Inception Date 06/04/2017
Minimum Investment 1 Share

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
SIX Swiss Ex BUOY SW CHF - 05/11/2020 Distribution 21,848CHF LU1571051751 98m CHF
LSE BUOY LN USD - 12/05/2017 Distribution 72,685USD LU1571051751 107m USD
LSE SWIM LN GBP - 12/05/2017 Distribution 41,021GBP LU1571051751 77m GBP
*Related Shareclasses

Market Makers

Flow Traders
Société Générale
Data provided by relevant exchanges

Passporting Information

Data as of 03/03/2021, Source: Lyxor International Asset Management


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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