FLOT icon

iShares Floating Rate Bond ETF

50.92 USD
+0.02
0.04%
At close Feb 4, 4:00 PM EST
After hours
50.94
+0.02
0.04%
1 day
0.04%
5 days
-0.27%
1 month
0.02%
3 months
0.08%
6 months
0.57%
Year to date
0.04%
1 year
0.32%
5 years
-0.16%
10 years
0.59%
0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

3% less funds holding

Funds holding: 613 [Q2] → 593 (-20) [Q3]

5.99% less ownership

Funds ownership: 72.2% [Q2] → 66.21% (-5.99%) [Q3]

8% less capital invested

Capital invested by funds: $5.26B [Q2] → $4.83B (-$433M) [Q3]

18% less repeat investments, than reductions

Existing positions increased: 204 | Existing positions reduced: 248

23% less funds holding in top 10

Funds holding in top 10: 39 [Q2] → 30 (-9) [Q3]

25% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 63

Research analyst outlook

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

Financial journalist opinion

Positive
Zacks Investment Research
2 weeks ago
ETFs Set to Benefit From Rising Yields
A rise in Treasury yields is likely to benefit a few corners of the stock and bond market.
ETFs Set to Benefit From Rising Yields
Neutral
Zacks Investment Research
3 weeks ago
ETF Strategies to Play Amid Rising Treasury Yields
These ETF strategies may safeguard your portfolio amid rising treasury yields.
ETF Strategies to Play Amid Rising Treasury Yields
Neutral
Seeking Alpha
1 month ago
FLOT: The Party Is Over (Rating Downgrade)
FLOT's floating rate bonds excel in rising interest rate environments but underperform in easing conditions, prompting a shift from 'Buy' to 'Hold'. The ETF's higher default risk and tight credit spreads make it less appealing compared to short-term bond funds like TBUX. FLOT offers a low 30-day SEC yield of 5.15%, with minimal spread over treasuries and short-term bond funds, reducing its attractiveness.
FLOT: The Party Is Over (Rating Downgrade)
Neutral
Zacks Investment Research
2 months ago
Will U.S. Treasury Yields Surge Postelection? ETFs in Focus
Long-term U.S. treasury yields have been on the uptrend lately. Benchmark U.S. Treasury yields were 4.26% on Nov. 5, up from 3.74% recorded on Oct.1.
Will U.S. Treasury Yields Surge Postelection? ETFs in Focus
Neutral
Seeking Alpha
3 months ago
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 sustained rate cuts are less likely in our view due to ongoing price increases by companies. We think the main chance for victory in the inflation battle is if the slightly lower oil and gas prices shift expectations, which are a persistent anchor above target rates.
Weather Rate Volatility With FLOT
Neutral
Zacks Investment Research
3 months ago
Will the Fed Opt for a Hefty Rate Cut? ETF Strategies to Follow
An upbeat job market and moderately cooling inflation may prevent the Fed from opting for significant rate cuts in the near future.
Will the Fed Opt for a Hefty Rate Cut? ETF Strategies to Follow
Positive
Seeking Alpha
5 months ago
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 invests in earn a premium yield to T-Bills, despite the fact that they are of similar credit quality. FLOT should continue to outperform money market instruments because the spreads it is locking in today will likely exceed the spreads on offer in a few years' time.
FLOT: A Safe Harbour
Positive
Seeking Alpha
6 months ago
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 outlook, I believe following objective indicators like high-yield credit spreads may allow investors to stay invested for longer.
FLOT: Benign Credit Markets Suggest Investors Should Stay Invested
Positive
Zacks Investment Research
7 months ago
Rates to Stay Higher for Longer? ETF Strategies to Play
The Fed's Neel Kashkari believes that it's likely that the Fed will cut interest rates once in 2024, possibly in December.
Rates to Stay Higher for Longer? ETF Strategies to Play
Positive
Zacks Investment Research
8 months ago
Top ETF Stories of May to Watch in June
Wall Street experienced a robust upswing last month, defying the famous adage "Sell in May". The rally was driven y strong corporate results, and the artificial intelligence craze.
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