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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-grade 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.
FLOT MSCI ESG Fund metrics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of September 20, 2017 the iShares Floating Rate Bond ETF MSCI ESG Fund Quality Score is 5.59 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FLOT ranks in the 0th percentile within its peer group and in the 57th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
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FLOT Summary Data
FLOT Portfolio Data
FLOT Index Data
Related ETFs to FLOT
FLOT Portfolio Management
FLOT Tax Exposures
FLOT Fund Structure
FLOT FactSet Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLOT. FLOT is rated a 2 out of 5.