FLOT iShares Floating Rate Bond ETF

Price $50.44
Today's Change -0.08 (-0.16%)
Today's Volume 281.66 K
4:00pm (ET) 05/02/16

Overall Rating

B

98
as of 05/02/16

Rating Details

94
75
98
Segment Average
  • Overview
  • Efficiency
    94
  • 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 04/29/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
FLOT0.26%0.51%0.33%0.26%0.39%----
FLOT (NAV)0.24%0.44%0.40%0.24%0.44%----
Barclays U.S. Floating Rate Note < 5 Years Index0.24%0.47%0.35%0.47%0.69%0.98%1.78%
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%
$3.18 B
$24.66 M
0.02%

FLOT Portfolio Data

0.1
1.79 Years
1.54%
05/02/16
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
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 04/29/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
FLOT0.26%0.51%0.33%0.26%0.39%----
FLOT (NAV)0.24%0.44%0.40%0.24%0.44%----
Barclays U.S. Floating Rate Note < 5 Years Index0.24%0.47%0.35%0.47%0.69%0.98%1.78%
Barclays U.S. Floating Rate Note < 5 Years Index0.24%0.47%0.35%0.47%0.69%0.98%1.78%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLOT Portfolio Management

0.20%
-0.29%
-0.23%
-0.34%

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 05/02/16
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

489,791
$24.66 M
334,429
$16.83 M
0.02%
$0.01
0%
0.12% / -0.40%
None
100.00%
100,000
3.34
0.00%
--
0
$50.52
2

FLOT Performance Statistics

1.00
1.00
1.00
1.00
0%