SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN)

NYSEARCA: FLRN · IEX Real-Time Price · USD
30.30
+0.04 (0.13%)
Mar 24, 2023, 4:00 PM EDT - Market closed
0.13%
Assets $2.95B
Expense Ratio 0.15%
PE Ratio n/a
Shares Out 96.90M
Dividend (ttm) $0.85
Dividend Yield 2.81%
Ex-Dividend Date Mar 1, 2023
Payout Ratio n/a
1-Year Return -0.62%
Volume 1,841,378
Open 30.25
Previous Close 30.26
Day's Range 30.18 - 30.35
52-Week Low 29.68
52-Week High 30.70
Beta 0.08
Holdings 347
Inception Date Nov 30, 2011

About FLRN

The 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 managed by State Street.

Asset Class Fixed Income
Category Ultrashort Bond
Region Global
Stock Exchange NYSEARCA
Ticker Symbol FLRN
Index Tracked Bloomberg U.S. Dollar Floating Rate Note < 5 Years

Dividends

Ex-Dividend Amount Pay Date
Mar 1, 2023 $0.11968 Mar 7, 2023
Feb 1, 2023 $0.15574 Feb 7, 2023
Dec 19, 2022 $0.08891 Dec 23, 2022
Dec 1, 2022 $0.10465 Dec 7, 2022
Nov 1, 2022 $0.09005 Nov 7, 2022
Oct 3, 2022 $0.07515 Oct 7, 2022
Full Dividend History

News

Floating Rate Bond ETF (FLRN) Hits New 52-Week High

This floating rate bond ETF hits a new 52-week high. Are more gains in store for this ETF?

3 weeks ago - Zacks Investment Research

Floating Rate ETFs Hitting New Highs

Unlike fixed-coupon bonds, floating rate ETFs do not lose value when the rates go up, making the bonds ideal for protecting investors against capital erosion in a rising rate environment.

Other symbols: FLOTFLTRUSFRVRIG
1 month ago - Zacks Investment Research

Floating Rate ETFs to Manage Higher Rates

Investors seeking to prepare for higher rates could flock to the floating rate bond ETFs.

Other symbols: FLOTFLTRVRIG
6 months ago - Zacks Investment Research

Floating Rate ETFs to Bet on Rate Hike

Investors seeking to prepare for higher rates could flock to the floating rate bond ETFs.

Other symbols: FLOTFLTRVRIG
1 year ago - Zacks Investment Research

Fixed Income Investors Should Look Into Floating Rate Bond ETFs

Investment-grade floating rate notes are in high demand as fixed income traders try to get ahead of the Federal Reserve's interest rate hikes. Investors can also diversify their bond portfolios with e...

Other symbols: FLOTFLTRVRIG
1 year ago - ETF Trends

ETF Strategies to Follow Amid Rising Yields

Here are a number of strategies that could prove extremely beneficial for ETF investors in a rising rate environment.

1 year ago - Zacks Investment Research

Bet on Floating Rate ETFs As Yields Surge

Investors seeking to prepare for higher rates could flock to the bonds with yields that track broader interest rates ??? floating rate bonds.

Other symbols: FLOTFLTRVRIG
1 year ago - Zacks Investment Research

Floating Rate ETFs Set to Surge on Rate Hike Bets

Unlike fixed coupon bonds, these do not lose value when the rates go up, making the bonds ideal for protecting investors against capital erosion in a rising rate environment.

Other symbols: FLOTFLTRVRIG
1 year ago - Zacks Investment Research

Fed Reluctant On Yield Curve Control Scheme: ETFs to Gain/Lose

The Federal Reserve???s policymaking body released minutes of its Jul 28-29 meeting on Aug 19.

Other symbols: GLDUUPXLU
2 years ago - Zacks Investment Research