FLOT iShares Floating Rate Bond ETF

Price $50.58
Today's Change -0.04 (-0.08%)
Today's Volume 426.48 K
4:00pm (ET) 07/22/16

Overall Rating

B

98
as of 07/22/16

Rating Details

93
75
98
Segment Average
  • Overview
  • Efficiency
    93
  • Tradability
    75
  • Fit
    98

FLOT Fund Description

The iShares Floating Rate ETF tracks a market-weighted index of US-dollar-denominated, investment-grade floating rate notes with maturities of 0-5 years.

FLOT FactSet Analytics Insight

FLOT tracks an index of investment-gradelarge, liquid and market-like floating rate corporate bonds with maturities of 0-5 years. These bonds pay a variable coupon rate, the majority of which vary with the 3-month LIBOR. The fund may hold these variable rate bonds from large-, mid-, or small-cap corporations that are US registered, or denominated in US dollars, as well as government and supranational entities. Bank issues typically dominate the basket. FLOT takes a very straightforward and broad approach to its holdings, so expect market-like exposure overall. While competing fund FLRN tracks the exact same index, FLOT remains the largest and most liquid option in the segment, receiving our Analyst Pick.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 07/21/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
FLOT0.18%0.54%0.75%0.65%0.51%0.85%--
FLOT (NAV)0.11%0.46%0.81%0.65%0.56%0.92%--
Barclays U.S. Floating Rate Note < 5 Years Index0.13%0.44%--0.79%0.77%1.08%1.70%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLOT Top 10 Countries View All

FLOT Top 10 Sectors

FLOT Top 10 Holdings

FLOT Summary Data

BlackRock
06/14/11
Open-Ended Fund
0.20%
$3.02 B
$22.36 M
0.02%

FLOT Portfolio Data

0.1
1.79 Years
1.54%
08/01/16
446

FLOT Index Data

Barclays U.S. Floating Rate Note < 5 Years Index
Market Value
Market Value
Barclays U.S. Floating Rate Note < 5 Years Index

Related ETFs to FLOT

FLRN, FLTR
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 07/21/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
FLOT0.18%0.54%0.75%0.65%0.51%0.85%--
FLOT (NAV)0.11%0.46%0.81%0.65%0.56%0.92%--
Barclays U.S. Floating Rate Note < 5 Years Index0.13%0.44%--0.79%0.77%1.08%1.70%
Barclays U.S. Floating Rate Note < 5 Years Index0.13%0.44%0.35%0.79%0.77%1.08%1.70%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLOT Portfolio Management

0.20%
-0.27%
-0.10%
-0.33%

FLOT Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FLOT Fund Structure

Open-Ended Fund
No
Yes
75% / 25%
N/A
N/A
Low
Daily
Average Spread
Premium/Discount
Volume

FLOT FactSet Analytics Block Liquidity

As of 07/22/16
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of FLOT. FLOT is rated a 2 out of 5.

FLOT Tradability

442,328
$22.36 M
297,599
$15.04 M
0.02%
$0.01
0%
0.12% / -0.40%
None
100.00%
100,000
2.98
0.00%
--
0
$50.62
2

FLOT Performance Statistics

1.00
1.00
1.00
1.00
0%