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SPDR Bloomberg Investment Grade Floating Rate ETF

FLRN - Floating rate bonds

FLRN seeks to track the Bloomberg Barclays U.S. Dollar Floating Rate Note < 5 Years Index, which contains debt instruments paying a variable coupon rate. The fund is appropriate for those seeking income. FLRN is subject to income risk, since coupon payments may decline with interest rates, and are still subject to some interest rate risk, as with fixed-rate bonds.

When FLRN declines in value, we’ll automatically sell it and buy the alternate as part of our tax-loss harvesting strategy.
Alternate
FLTR
VanEck Investment Grade Floating Rate ETF
Floating rate bonds

  • Price
    $30.80
    as of 04:00 PM EDT, 04/23/2024
  • Risk rating
    Low
    We base risk ratings on the volatility, or the size and frequency of price fluctuations, of the investment. Typically, a more volatile investment has a higher risk rating.
  • Expense ratio
    0.15%
    The percentage of fund assets used to cover operating expenses and management fees.
  • 52-week high
    $30.86
    The highest share price in the past year.
  • 52-week low
    $30.34
    The lowest share price in the past year.
  • Dividend yield
    5.77%
    The average percentage of dividends paid relative to the share price over the past year.
  • Net assets
    $2.35B
    The total value of all assets held by the fund.
  • Volume
    635,385
    The average trading volume over the past 90 days.

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