What is TFLO?

The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TFLO 0.31% 1.10% 0.98% 2.83% 0.99% 1.37% --
TFLO (NAV) 0.29% 1.14% 1.02% 2.70% 0.95% 1.36% --
Bloomberg US Treasury Floating Rate Bond Index 0.31% 1.13% 1.03% 2.96% 1.15% 1.52% --
ICE BofA US Floating Rate Treasury Index 0.27% 1.08% 1.08% 2.99% 1.22% 1.58% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TFLO Factset Analytics Insight

TFLO targets the floating-rate US Treasury space (or FRNs) without regard to maturities. US Treasury FRNs remain index eligible until they mature. As FRNs reset their coupon rate weekly based on the most recent 90-day T-bill auction (interest is paid quarterly), they offer an extremely low-risk place to park one’s cash with minimal interest-rate sensitivity, which should appeal to those concerned about potential rising rates. Of course, that also means reinvestment risk and low returns should rates fall. The index is rebalanced on the last business day of every month.

TFLO Summary Data

Blackrock
02/03/14
0.15%
$5.55B
Bloomberg US Treasury Floating Rate Bond Index
ICE BofA US Floating Rate Treasury Index
Open-Ended Fund

Peers

ICE BofA US Floating Rate Treasury Index

Fund Flows

+$0.15B 5 Days
+$0.99B 30 Days
+$1.56B 90 Days

TFLO Portfolio Data

-0.03
--
4.96%
N/A
--

TFLO Index Data

Bloomberg US Treasury Floating Rate Bond Index
Market Value
Market Value
ICE BofA US Floating Rate Treasury Index

TFLO Portfolio Management

0.15%
-0.16%
-0.12%
-0.18%

TFLO Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

TFLO Fund Structure

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

Factset Analytics Block Liquidity

As of 03/27/23

This measurement shows how easy it is to trade a $1 million USD block of TFLO. TFLO is rated a 5 out of 5.

TFLO Tradability

1,685,245
$85.08M
1,537,250
$77.64M
0.02%
$0.01
0.07%
0.21% / -0.00%
None
100.00%
100,000
15.37
0.00%
--
20
$50.50
5

TFLO Sector/Industry Breakdown

TFLO Segment
Benchmark
99.38% --
0.62% --

TFLO Top 10 Holdings

19.84%
19.62%
14.76%
12.96%
10.41%
9.24%
8.02%
4.52%
0.62%
100.00%

TFLO Performance Statistics

--
--
--
--
--

TFLO Top 5 Countries

TFLO Segment
Benchmark
100.00% --

TFLO Top 5 Currencies

TFLO Segment
Benchmark
100.00% --

TFLO Avg Life Maturity Distribution

50.82%
49.18%
--
--
--
--
--
--
--

TFLO OAS Breakdown

100.00%
--
--
--
--
--
--
--
--
--
--

TFLO Holdings Statistics

0.98 years
-0.03
4.96%
0.93
--
--
0.15%