WisdomTree Floating Rate Treasury Fund
USFR

$50.38

0.04%

Market Cap: $17.4B

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

41% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 44

4% more funds holding

Funds holding: 477 [Q1] → 495 (+18) [Q2]

3% more repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 193

4% less funds holding in top 10

Funds holding in top 10: 74 [Q1] → 71 (-3) [Q2]

7.43% less ownership

Funds ownership: 70.69% [Q1] → 63.27% (-7.43%) [Q2]

9% less capital invested

Capital invested by funds: $12.4B [Q1] → $11.2B (-$1.16B) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for USFR.

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Financial journalist opinion

USFR: Solid Cash ETF, 5.4% Yield

WisdomTree Floating Rate Treasury Fund ETF is a solid cash ETF investing in floating rate treasury notes. These securities are broadly comparable to t-bills, with marginally higher yields. USFR itself yields 5.4%, around 0.2% higher than t-bill ETFs, making the fund a solid cash-alternative ETF.

USFR: Solid Cash ETF, 5.4% Yield

USFR: What Is Next For Floating Rate Treasuries (Rating Downgrade)

USFR is a floating rate treasury fund that has outperformed in rising rate environments but will see decreasing yields with Fed cuts. The market is pricing in a September 2024 cut, making USFR a hold going forward with a stable price but decreasing yield. Investors seeking high dividend yields may consider low volatility treasury funds with higher duration profiles as an alternative to USFR.

USFR: What Is Next For Floating Rate Treasuries (Rating Downgrade)

Fixed Income ETFs Support Range of Advisor Objectives

In the first half of 2024, fixed income ETFs represented 29% of the U.S. industry's flows. This is encouraging as the asset category represents just 18% of the asset base.

Fixed Income ETFs Support Range of Advisor Objectives

USFR: The Safety Side Of The Barbell

USFR: The Treasury FRNs (floating rate notes) ETF that yields dividend monthly at the rates in line with the target rates (5.25%-5.50%). USFR with stable income at above 5% therefore could nicely be the safety side of the barbell in the portfolio, especially when the cut cycle is prolonged to start later. If we are thinking about a place to park cash, USFR also looks very promising among others with the same nature of ultra-short securities such as CDs.

USFR: The Safety Side Of The Barbell

Floating Rate Notes Safer Way to Play Treasuries

Outside of cash instruments, there's really no such thing as a risk-free bet in financial markets, but U.S. Treasuries are supposedly close. That is assuming interest rates don't rise.

Floating Rate Notes Safer Way to Play Treasuries

Let's Stop With the Rate Hike Talk Already

By Kevin Flanagan, Head of Fixed Income Strategy Key Takeaways The UST market reacted positively to the results of the May FOMC meeting, the Powell presser and the April jobs report due to the context of the re-introduced rate hike narrative being downplayed by Powell.

Let's Stop With the Rate Hike Talk Already

Inflation, Rates Support Case for Floating Rate Notes

Stubbornly high inflation and a solid economy — the former a negative, the latter a positive — may be conspiring to force the Federal Reserve to keep interest rates higher for longer. Entering this year, the consensus was the central bank would pare rates multiple times in 2024.

Inflation, Rates Support Case for Floating Rate Notes

Back the Barbell With Floating Rate Notes

Higher-for-longer appears to be the path the Federal Reserve will pursue over the near term. So advisors and investors may want to consider some tried-and-true methods regarding accessing the bond market.

Back the Barbell With Floating Rate Notes

Bull vs Bear: Will Rate Cuts Still Happen This Year?

Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides to debate controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this edition, Nick Wodeshick and Nick Peters-Golden debate whether rate cuts will still arrive this year.

Bull vs Bear: Will Rate Cuts Still Happen This Year?

USFR: With The Market In Turmoil, Floating Rate Treasuries Deliver

USFR invests in floating-rate treasuries with yields that adjust to Fed Funds, offering a high yield (around 5.36%) in this environment. The market is pricing out rate cuts for the year, increasing the probability for easing in September only given the strong March CPI data. Unlike risky futures bets, USFR offers a safe way to benefit from no rate cuts in 2024.

USFR: With The Market In Turmoil, Floating Rate Treasuries Deliver

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