FLRN
SPDR Bloomberg Investment Grade Floating Rate ETFFLRN Fund Description
FLRN tracks an index of USD-denominated, investment-grade floating rate notes. Securities must have between 1 month and 5 years until maturity.
FLRN Factset Analytics Insight
FLRN provides solid exposure to broad investment-grade floating-rate notes. FLRN holds floating-rate notes that mature in five years or less, a majority of which are based on the 3-month LIBOR, with a fixed spread. As would be expected from a portfolio of floating-rate notes, the fund has minimal exposure to interest-rate move. FLRN excludes bonds with equity-linked features, such as warrants and convertibles, as well as inflation-linked bonds and securitized bonds. The market-value-weighted index is rebalanced monthly. FLRN is subject to LIBOR risk, this benchmark rate is intended to be phased out by the end of 2021 and there remains uncertainty regarding the LIBOR and the nature of any replacement rate.
FLRN Summary Data
FLRN Portfolio Data
FLRN Index Data
FLRN Portfolio Management
FLRN Tax Exposures
FLRN Fund Structure
FLRN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLRN. FLRN is rated a N/A out of 5.
FLRN Tradability
FLRN Sector/Industry Breakdown
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FLRN Top 10 Holdings[View All]
FLRN Top 5 Countries
FLRN
FLRN Top 5 Currencies
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FLRN Performance Statistics
FLRN Holdings Statistics
FLRN Avg Life Maturity Distribution
FLRN OAS Breakdown
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