iShares Floating Rate Bond ETF (FLOT)

50.80
Data as of Jul 29
 0.00 / 0.00%
Today’s Change
50.55
Today|||52-Week Range
50.81
+0.16%
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.

No recent news for iShares Floating Rate Bond ETF.

Performance

1 month+0.04% 3 years+1.25%
3 months+0.19% 5 years--
1 year+0.84% Since inception+1.15%
Data through 07/29/2014

Quote Details

Previous close$50.80
Open day’s range50.78 – 50.81
Net asset value (NAV)50.76 (07/28/2014)
Daily volume391,134
Average volume (3 months)571,355
Data as of 3:59pm ET, 07/29/2014

Peer Comparisonvs. Ultrashort bond ETFs

 FLOTCategory
Performance 5-yr return--+0.34%
Expense Gross exp ratio0.20%0.24%
Risk 5 year sharpe ratio---3.33
Net assets$3.6B$1.0B
Average market cap----
Average P/E----
Dividend / Share--0.04%

Competitors

GSY Guggenheim Enhanced Short Duration ETF
MINT PIMCO Enhanced Short Maturity Exchange-T...
FLTR Market Vectors® Investment Grade Floati...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Goldman Sachs Grp FRN1.28%
-- Jpmorgan Chase FRN1.10%
-- Kommunalbanken As 0.85315%0.91%
-- J P Morgan Chase & Co Mtn Be FRN0.90%
-- J P Morgan Chase & Co Mtn Be FRN0.90%
-- Goldman Sachs Grp FRN0.88%
-- Commonwealth Bk Australia 144a 144A FRN0.85%
-- Inter-American Dev Bk FRN0.81%
-- Toronto Dominion Bk FRN0.81%
-- Morgan Stanley FRN0.80%

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