VanEck Australian Floating Rate ETF vs LTC Properties Inc — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while LTC Properties Inc trades at $38.12 (market cap $2.05B). The key difference: LTC Properties Inc pays a 5.98% dividend while VanEck Australian Floating Rate ETF pays none. Which is the better fit depends on your goals.
| FLOT | LTC | |
|---|---|---|
Sector | Sector/Thematic | Real Estate |
52-Week High | $51.09 | $42.81 |
52-Week Low | $50.72 | $33.98 |
Market Cap | — | $2.05B |
Enterprise Value | — | $2.79B |
Dividend Yield | — | 5.98% |
Trailing returns across standard periods
FLOT provides exposure to a diversified portfolio of Australian dollar-denominated floating rate notes. It tracks the Bloomberg AusBond Credit FRN 0+ Yr Index, focusing on high-quality, investment-grade bonds from top Australian banks and financial institutions.
Read more on FLOT →LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and health care real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects. LTC considers merger and acquisition investment as a component of its operational growth strategy.
Read more on LTC →