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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.
VanEck Investment Grade Floating Rate ETF
Floating rate bonds
  • Price
    The closing price on the previous trading day.
  • Risk rating
    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
    The percentage of fund assets used to cover operating expenses and management fees.
  • 52-week high
    The highest share price in the past year.
  • 52-week low
    The lowest share price in the past year.
  • Dividend yield
    The average percentage of dividends paid relative to the share price over the past year.
  • Net assets
    The total value of all assets held by the fund.
  • Volume
    The average trading volume over the past 90 days.

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