iShares Floating Rate Bond ETF (FLOT)

50.57
Data as of 3:59pm ET
 +0.01 / +0.02%
Today’s Change
50.43
Today|||52-Week Range
50.84
+0.06%
Year-to-Date

Investment Objective

The investment seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade floating rate bonds with remaining maturities between one month and five years. The fund seeks to track the investment results of the Barclays US Floating Rate Note < 5 Years Index (the "underlying index"), which measures the performance of U.S. dollar-denominated, investment-grade floating rate notes. It generally invests at least 90% of its assets in the securities of the underlying index and in investments that provide substantially similar exposure to the securities in the underlying index. The fund is non-diversified.

Performance

1 month+0.04% 3 years+1.49%
3 months-0.14% 5 years--
1 year+0.28% Since inception+0.97%
Data through 01/29/2015

Quote Details

Previous close$50.56
Open day’s range50.56 – 50.59
Net asset value (NAV)50.61 (01/28/2015)
Daily volume283,060
Average volume (3 months)698,094
Data as of 3:59pm ET, 01/29/2015

Peer Comparisonvs. Ultrashort bond ETFs

 FLOTCategory
Performance 5-yr return--+0.63%
Expense Gross exp ratio0.20%0.24%
Risk 5 year sharpe ratio---1.88
Net assets$3.8B$940.7M
Average market cap----
Average P/E----
Dividend / Share--0.04%

Competitors

GSY Guggenheim Enhanced Short Duration ETF
MINT PIMCO Enhanced Short Maturity Active Exc...
BIL SPDR® Barclays 1-3 Month T-Bill ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Jpmorgan Chase FRN1.14%
-- Goldman Sachs Grp FRN1.01%
-- J P Morgan Chase & Co Mtn Be FRN0.96%
-- Goldman Sachs Grp FRN0.81%
-- Bpce Sa FRN0.81%
-- Rabobank Nederland Dep Mtns Be FRN0.79%
-- Us Bk Natl Assn FRN0.77%
-- J P Morgan Chase & Co Mtn Be FRN0.77%
-- Bk Amer Chrlt Nc Mtn FRN0.74%
-- Verizon Comms FRN0.74%

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