iShares Floating Rate Bond ETF (FLOT)

51.02
Delayed Data
As of May 18
 +0.01 / +0.02%
Today’s Change
50.79
Today|||52-Week Range
51.10
+0.39%
Year-to-Date

Investment Objective

The investment seeks to track the investment results of the Bloomberg 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. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures- options and swap contracts- cash and cash equivalents- as well as in securities not included in the underlying index- but which BFA believes will help the fund track the underlying index.

Performance

1 month+0.25% 3 years+1.33%
3 months+0.56% 5 years+1.01%
1 year+1.93% Since inception+1.13%
Data through 05/19/2018

Quote Details

Previous close$51.01
Open day’s range51.00 – 51.03
Net asset value (NAV)50.95 (05/18/2018)
Daily volume2,634,866
Average volume (3 months)1,918,346
Data as of 4:10pm ET, 05/18/2018

Peer Comparisonvs. Ultrashort bond ETFs

 FLOTCategory
Performance 5-yr return+1.01%+0.79%
Expense Gross exp ratio0.20%0.51%
Risk 5 year sharpe ratio1.890.84
Net assets$9.1B$1.8B
Average market cap--$26.0B
Average P/E--15.0
Dividend / Share--0.02%

Competitors

NEAR iShares Short Maturity Bond ETF
RAVI FlexShares Ready Access Variable Income ...
SHV iShares Short Treasury Bond ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 0.68%
-- 0.66%
-- 0.63%
-- 0.63%
-- 0.62%
-- 0.59%
-- 0.57%
-- 0.52%
-- 0.52%
-- 0.50%