FLRN

SPDR Bloomberg Investment Grade Floating Rate ETF
*Unless otherwise stated, data provided by FactSet.

FLRN 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.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLRN 0.65% -0.44% -0.62% -0.64% 0.59% 1.33% 1.17%
FLRN (NAV) 0.16% -0.26% -0.50% -0.53% 0.60% 1.35% 1.22%
Bloomberg U.S. Floating Rate Note < 5 Years Index 0.19% -0.12% -0.28% -0.25% 0.92% 1.63% 1.46%
Bloomberg U.S. Floating Rate Note < 5 Years Index 0.19% -0.12% -0.28% -0.25% 0.92% 1.63% 1.46%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLRN Summary Data

SPDR
11/30/11
Open-Ended Fund
0.15%
$3.23B
$28.85M
0.03%

FLRN Portfolio Data

0.01
--
3.13%
09/01/22
426

FLRN Index Data

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

FLRN Portfolio Management

0.15%
-0.18%
-0.14%
-0.29%

FLRN Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FLRN Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

FLRN Factset Analytics Block Liquidity

As of 08/04/22
5
4
3
2
1

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

954,687
$28.85M
832,255
$25.24M
0.03%
$0.01
0.04%
0.21% / -0.73%
None
100.00%
100,000
8.32
0.01%
--
115
$30.26
N/A

FLRN Sector/Industry Breakdown


FLRN
Segment Benchmark
75.40%
--
12.28%
--
3.37%
--
2.16%
--
1.75%
--
0.86%
--
0.82%
--
0.61%
--
0.60%
--
0.42%
--

FLRN Top 10 Holdings[View All]

0.98%
0.93%
0.90%
0.88%
0.80%
0.74%
0.73%
0.69%
0.69%
0.67%
8.01%

FLRN Top 5 Countries


FLRN
Segment Benchmark
59.52%
--
11.61%
--
7.20%
--
4.98%
--
4.59%
--

FLRN Top 5 Currencies


FLRN
Segment Benchmark
59.52%
--
11.61%
--
7.20%
--
4.98%
--
4.59%
--

FLRN Performance Statistics

1.00
1.00
--
--
--

FLRN Holdings Statistics

1.91 years
0.01
3.13%
1.80
Low
426
0.88%

FLRN Avg Life Maturity Distribution

29.41%
29.82%
21.58%
18.69%
0.49%
--
--
--
--

FLRN OAS Breakdown

60.56%
37.78%
1.66%
--
--
--
--
--
--
--
--