iShares Floating Rate Bond ETF (FLOT)

BATS: FLOT · Real-Time Price · USD
51.03
0.00 (0.00%)
Oct 31, 2024, 4:00 PM EDT - Market closed
0.00%
Assets $7.35B
Expense Ratio 0.15%
PE Ratio n/a
Shares Out 144.10M
Dividend (ttm) $3.03
Dividend Yield 5.93%
Ex-Dividend Date Oct 1, 2024
Payout Ratio n/a
1-Year Return +0.33%
Volume 4,928,023
Open 51.05
Previous Close 51.03
Day's Range 51.03 - 51.07
52-Week Low 50.28
52-Week High 51.16
Beta 0.07
Holdings 371
Inception Date Jun 14, 2011

About FLOT

Fund Home Page

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is issued by BlackRock.

Asset Class Fixed Income
Category Ultrashort Bond
Region North America
Stock Exchange BATS
Ticker Symbol FLOT
ETF Provider BlackRock
Index Tracked Bloomberg US Floating Rate Notes (<5 Y)

Dividends

Ex-Dividend Amount Pay Date
Oct 1, 2024 $0.23997 Oct 4, 2024
Sep 3, 2024 $0.26004 Sep 6, 2024
Aug 1, 2024 $0.25422 Aug 6, 2024
Jul 1, 2024 $0.2494 Jul 5, 2024
Jun 3, 2024 $0.25893 Jun 7, 2024
May 1, 2024 $0.2486 May 7, 2024
Full Dividend History

News

Weather Rate Volatility With FLOT

iShares Floating Rate Bond ETF is nice to avoid duration risk while benefiting from higher short-term yields amid volatile interest rates. Inflation declines are helped by lower oil prices, and sustai...

6 days ago - Seeking Alpha

FLOT: A Safe Harbour

The iShares Floating Rate Bond ETF is a low Beta, high quality, liquid ETF suitable for most short-term investors. It is designed to preserve wealth, not build it. The high-quality FRNs that FLOT inve...

2 months ago - Seeking Alpha

FLOT: Benign Credit Markets Suggest Investors Should Stay Invested

The FLOT ETF provides exposure to floating rate investment-grade bonds. The FLOT ETF has delivered a respectable 8.8% total return since April 2023 with a 5.9% yield. Revisiting my credit investment o...

3 months ago - Seeking Alpha

FLOT: No Rate Cuts In 2024 Favor This Fund (Rating Upgrade)

The iShares Floating Rate Bond ETF has continued to deliver a strong performance in a "higher for longer" interest rate environment. The market's expectations for rate cuts have shifted, with the Fed ...

7 months ago - Seeking Alpha

FLOT: Long-Term Rate Expectations Up, Short-Term Rates Down

FLOT provides a solid yield with low credit risk and no duration risk, making it a practical investment while scouting for equity opportunities.

9 months ago - Seeking Alpha

FLOT: A Good Fund But Better Opportunities Elsewhere

iShares Floating Rate Bond ETF is a fund that provides exposure to U.S. dollar-denominated, investment-grade floating rate bonds. FLOT has performed well with rising interest rates, as floating rate b...

1 year ago - Seeking Alpha

The Best Floating Rate Funds For Income Investors And Retirees

Floating rate securities have strong yields, low duration, and have significantly outperformed YTD. There are several strong floating rate funds available to investors. Credit risk varies, but there a...

1 year ago - Seeking Alpha

Best Bonds For Income

For many, social security isn't enough to fund their retirement needs. Bonds can help produce another income stream.

1 year ago - Forbes

FLOT: Investment-Grade Floating-Rate ETF, Growing 5.0% Yield

FLOT is an investment-grade floating-rate ETF. The fund offers investors a growing 4.7% yield. Credit risk and rate risk are both quite low. An overview of the fund follows.

1 year ago - Seeking Alpha

Wall Street's Freaky Season, Trading Updates And China's Disappointing Data

China's disappointing economic data and a surprise rate cut from the Central Bank dampen market sentiment. Long-term resistance on the 10-year U.S. Treasury yield at 4.30% is a key level to watch.

Other symbols: AABILDFSIWMQQQSPYTBF
1 year ago - Seeking Alpha

FLOT: Checking In On A Top Pick For 2023

iShares Floating Rate Bond ETF has performed well since our Buy rating, with only a 1.5% drawdown, and a total return performance close to 4%. The fund holds short-dated investment grade corporate bon...

1 year ago - Seeking Alpha

FLOT: 5% Yield From Floating Rate Bonds, Hold

FLOT: 5% Yield From Floating Rate Bonds, Hold.

1 year ago - Seeking Alpha

U.S. Weekly FundFlows Insight Report: Large-Cap ETFs Attract Second-Largest Weekly Inflow Of 2023

Exchange-traded equity funds recorded $5.3 billion in weekly net inflows, marking the first weekly intake over the past three weeks. Gold and natural resources (+$66 million) were the only subgroup to...

Other symbols: BILLQDSPYTLTXLCXLIXLK
1 year ago - Seeking Alpha

FLOT: Floating Rate ETF Checks Many Boxes, But Rated Hold For Now

FLOT invests in a diversified group of over 350 floating rate bonds. This iShares ETF has an average credit rating of A, as it is primarily focused on corporate bonds in the AA to BBB range.

1 year ago - Seeking Alpha

FLOT: 5% Yielding Floating Rate Fund, Appropriate For 2023

The iShares Floating Rate Bond ETF is an investment grade, floating rate, corporate bond fund. The vehicle has a 0.06 years duration and a 5% 30-day SEC yield.

1 year ago - Seeking Alpha

FLOT And AGG: Opt For A Combined Floating-Fixed Income Portfolio

FLOT includes floating rates bonds, different from the fixed-rated ones included in AGG, one of the most followed fixed-income ETFs on SA. This thesis first aims to differentiate between these two, es...

Other symbols: AGG
2 years ago - Seeking Alpha

FLOT: Floating Rate Bond ETF, Conservative Holdings And Strategy, 2.5% Forward Yield

A reader asked for my thoughts on FLOT. FLOT is a floating rate bond index ETF. The fund's holdings have strong credit ratings with low default rates, but yield very little.

2 years ago - Seeking Alpha

SGOV Concept Is Good, But FLOT Does It Better

SGOV is a way to play the current markets nearly risk-free, with returns slightly higher than cash. We appreciate the short duration and think that with latent issues in a propped-up market, it is coh...

Other symbols: SGOV
2 years ago - Seeking Alpha

FLOT Has The Right Horizon For Those Wanting To Sit The Market Out

The bonds in FLOT are rated highly and have an appropriate maturity profile for parking cash in the current economic environment. It's unclear whether a good earnings season is going to mean an actual...

2 years ago - Seeking Alpha

ETF Filings Heat Up In July

A range of compelling new offerings from stalwarts and newcomers are shaking up the industry.

Other symbols: ARKKGDXKWEBTLTXBI
2 years ago - ETFcom

ETFs For A Rising Rate Environment

These ETFs could be useful if interest rates continue to increase.

Other symbols: BKLNMINTSHVSHYSJBTBF
2 years ago - ETFcom

FLOT: This Floating-Rate ETF Has Limited Appeal

The iShares Floating Rate Bond ETF (FLOT) invests in Investment-Grade floating rate notes based on the Bloomberg Barclays US Floating Rate Note < 5 Years Index.

2 years ago - Seeking Alpha

The Tell: Here are the ETFs to buy on persistently higher inflation in 2022 and beyond, says BlackRock's head of iShares strategy

Given an outlook for high U.S. inflation that's likely to persist beyond 2022, Gargi Chaudhuri of BlackRock Inc., the world's biggest asset manager, says investors should continue to hedge their portf...

Other symbols: IFRAIYRQUALSTIPTIPVLUE
3 years ago - Market Watch

iShares Slashes Fees On 8 ETFs

The affected funds include the firm's lineup of asset allocation ETFs.

3 years ago - ETFcom

7 Best ETFs for Rising Interest Rates

Investors have plenty of tools to combat higher bond yields. Here are seven of the best ETFs to head off interest-rate risk.

Other symbols: AGZDKIESCHHTIPVCSHXLF
3 years ago - Kiplinger