iShares Floating Rate Bond ETF (FLOT)
| Assets | $7.34B |
| Expense Ratio | 0.15% |
| PE Ratio | n/a |
| Shares Out | 144.10M |
| Dividend (ttm) | $3.01 |
| Dividend Yield | 5.91% |
| Ex-Dividend Date | Nov 1, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +0.55% |
| Volume | 666,741 |
| Open | 51.01 |
| Previous Close | 50.99 |
| Day's Range | 51.00 - 51.02 |
| 52-Week Low | 50.28 |
| 52-Week High | 51.16 |
| Beta | 0.07 |
| Holdings | 383 |
| Inception Date | Jun 14, 2011 |
About FLOT
Fund Home PageThe 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.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 1, 2024 | $0.243 | Nov 6, 2024 |
| Oct 1, 2024 | $0.240 | Oct 4, 2024 |
| Sep 3, 2024 | $0.260 | Sep 6, 2024 |
| Aug 1, 2024 | $0.254 | Aug 6, 2024 |
| Jul 1, 2024 | $0.249 | Jul 5, 2024 |
| Jun 3, 2024 | $0.259 | Jun 7, 2024 |
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...
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...
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...
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 ...
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.
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...
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...
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.
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.
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...
FLOT: 5% Yield From Floating Rate Bonds, Hold
FLOT: 5% Yield From Floating Rate Bonds, Hold.
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...
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.
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.
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...
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.
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...
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...
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.
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...
