ETFs › FLOT

iShares Floating Rate Bond ETF (FLOT)

floating-rate short-duration investment-grade

This ETF invests in U.S. dollar-denominated investment-grade floating rate bonds. It offers a way to potentially benefit from rising interest rates while maintaining low duration risk. The fund may be suitable for investors seeking to reduce interest rate sensitivity in their fixed income portfolio.

Key Info

AUM $8.44B
Expense Ratio 0.15%
Inception Date June 14, 2011
Distribution Frequency Monthly
Weighting Method Market Cap
Number of Holdings 615
Tracking Index Bloomberg US Floating Rate Note < 5 Years Index

See Also

TFLO USFR FLRN

Last updated: September 5, 2024