Floating-Rate Bond ETFs Your Broker Forgot to Mention

By
Devon Layne
August 01, 2012
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Investors are flocking to the bond market once more since global equities markets remain roiled by a struggling eurozone and economic slowdowns in the U.S. and China. But income investors searching for short-term safety shelter should consider floating-rate bond ETFs, according to an article on Benzinga.

By using these ETFs, you can gain exposure to so-called “floaters,” which offer rates that reset as the interest rate environment changes and are frequently short-dated, reducing interest rate risk futher, according to the article by the “ETF Professor.” Funds included on the list were:

  • iShares Floating Rate Note Fund (NYSEArca: FLOT)
  • Market Vectors Investment Grade Floating Rate ETF (NYSEArca: FLTR)
  • SPDR Barclays Capital Investment Grade Floating Rate ETF (NYSEArca: FLRN)

 

For additional details, visit Benzinga.com.

ETF DAILY DATA

'HEDJ,' the euro-hedged equity fund, added $199 million on Friday, Jan. 23, as total U.S.-listed ETF assets ended the day at $2.016 trillion.

'IWM,' 'HYG' and 'EEM' paced iShares' issuer-leading inflows on Friday, Jan. 23, as total U.S.-listed ETF assets rose to $2.106 trillion.

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