FLRN

SPDR Bloomberg Barclays 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.

FLRN MSCI ESG Analytics Insight

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has an MSCI ESG Fund Rating of AA based on a score of 9.15 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF ranks in the 97th percentile within its peer group and in the 96th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 10/14/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLRN -0.04% 0.02% 0.40% 0.58% 1.55% 1.72% --
FLRN (NAV) 0.03% 0.09% 0.39% 0.61% 1.58% 1.79% --
Bloomberg U.S. Floating Rate Note < 5 Years Index 0.04% 0.12% 0.52% 0.78% 1.89% 2.05% 1.76%
Bloomberg U.S. Floating Rate Note < 5 Years Index 0.04% 0.12% 0.52% 0.78% 1.89% 2.05% 1.76%
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%
$2.45B
$10.41M
0.03%

FLRN Portfolio Data

0.09
--
0.60%
N/A
413

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%
-0.22%
0.30%
-0.53%

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 10/15/21
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

339,898
$10.41M
287,061
$8.79M
0.03%
$0.01
0.04%
0.11% / -0.06%
None
100.00%
100,000
2.87
0.01%
--
120
$30.63
N/A

FLRN Sector/Industry Breakdown


FLRN
Segment Benchmark
61.70%
--
17.47%
--
17.15%
--
3.21%
--
0.48%
--

FLRN Top 10 Holdings[View All]

2.95%
1.47%
1.13%
0.96%
0.95%
0.90%
0.86%
0.83%
0.80%
0.79%
11.64%

FLRN Top 5 Countries


FLRN
Segment Benchmark
60.64%
--
8.27%
--
7.80%
--
5.70%
--
3.43%
--

FLRN Top 5 Currencies


FLRN
Segment Benchmark
60.64%
--
8.27%
--
7.80%
--
5.70%
--
3.43%
--

FLRN Performance Statistics

1.00
1.00
--
--
--

FLRN MSCI ESG Ratings

9.15 / 10
96.30
97.03
4.07%
--
123.49

FLRN Holdings Statistics

1.39 years
0.09
0.60%
1.37
Low
413
0.34%

FLRN Avg Life Maturity Distribution

46.63%
29.69%
16.39%
7.03%
0.25%
--
--
--
--

FLRN OAS Breakdown

99.20%
0.51%
--
--
--
--
--
--
--
--
0.29%