SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN)
| Assets | $2.40B |
| Expense Ratio | 0.15% |
| PE Ratio | n/a |
| Shares Out | 78.40M |
| Dividend (ttm) | $1.74 |
| Dividend Yield | 5.68% |
| Ex-Dividend Date | Dec 19, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +0.59% |
| Volume | 1,080,431 |
| Open | 30.69 |
| Previous Close | 30.67 |
| Day's Range | 30.67 - 30.71 |
| 52-Week Low | 30.32 |
| 52-Week High | 30.88 |
| Beta | 0.07 |
| Holdings | 382 |
| Inception Date | Nov 30, 2011 |
About FLRN
Fund Home PageThe SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade floating rate notes. Securities must have between 1 month and 5 years until maturity. FLRN was launched on Nov 30, 2011 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.111 | n/a |
| Dec 2, 2024 | $0.133 | Dec 5, 2024 |
| Nov 1, 2024 | $0.143 | Nov 6, 2024 |
| Oct 1, 2024 | $0.145 | Oct 4, 2024 |
| Sep 3, 2024 | $0.155 | Sep 6, 2024 |
| Aug 1, 2024 | $0.155 | Aug 6, 2024 |
News
FLRN: What Is Next For This Floating Rate Fund (Rating Downgrade)
The thesis argues that FLRN, a floating rate ETF, is likely to underperform in a falling interest rate environment. The thesis highlights the strong historical performance of FLRN, the anticipated Fed...
FLRN: Simple Investment-Grade Floating Rate ETF, Good 5.9% Yield
FLRN invests in floating rate investment-grade bonds, resulting in a stable share price and low volatility. The fund currently offers a 5.9% dividend yield, making it a buy for short-term or risk-aver...
FLRN: Floating Rate Investment Grade Bonds, 6.06% Yield
SPD Bloomberg Investment Grade Floating Rate ETF is a fixed-income ETF that holds floating rate investment grade bonds. The ETF offers a spread pick-up over treasuries with a 6.06% 30-day SEC yield. F...
FLRN: Equity-Like Returns Without The Same Risks
Portfolio managers and investors are seeking alternatives to the traditional 60/40 portfolio due to more stock-bond correlations and abysmal performance in 2022. Floating rate debt offers less risk th...
Bank Loans And Junk Bonds Are Having A Good Year
Fixed-income investors looking for interest rate cuts from the Federal Reserve are still waiting, but that hasn't stopped low-rated bonds from posting strong gains in 2023. Bond investors hoping for e...
FLRN: Simple Investment-Grade Floating Rate ETF, 5.8% SEC Yield, Low Interest Rate Risk
FLRN invests in investment-grade floating rate bonds. The fund has very little in interest rate risk and credit risk and sports a 5.8% SEC yield / forward yield. An overview of the fund follows.
3 Floating Rate ETFs For Income Investors And Retirees
Floating rate securities offer investors strong, above-average yields with little in interest rate risk. There are several ETFs focusing on these securities. Three stand out, and offer strong investme...
FLRN: This Floater ETF Looks Decent, Unless There's A Credit Crisis
SPDR® Blmbg Inv Grd Flt Rt ETF (FLRN) looks simple and attractive at first glance. In this era of rising rates, why not own an ETF whose holdings are bonds with rates that rise with rising interest ra...
Inflation-Indexed Treasuries Lead U.S. Bond Market Returns In 2021
With less than four weeks left to the trading year, TIPS are on track to capture the lead for US bond-market performance in 2021, based on a set of ETFs through Dec. 6's close. Short-term Treasury Inf...
The Best Short-Term Bond ETFs
The bond market is not offering much incremental yield for increasing interest rate risk, therefore staying short makes sense.