The iShares Floating Rate Bond ETF (ticker: FLOT) is a sophisticated investment instrument designed for investors seeking exposure to the dynamic world of floating rate bonds. Positioned within the Broad Market category, this ETF provides a focused approach to investment-grade securities, catering to those looking to mitigate interest rate risk while pursuing stable income opportunities.
FLOT's unique niche lies in its concentration on floating rate notes (FRNs), which are debt instruments with variable interest payments tied to benchmark rates. As market interest rates fluctuate, the coupon payments of these bonds adjust accordingly, offering potential protection against rising rate environments. This characteristic makes FLOT an appealing choice for investors aiming to preserve capital while benefiting from interest rate movements.
The fund meticulously curates a diversified portfolio of high-quality, investment-grade bonds, ensuring robust creditworthiness and lower default risk. By concentrating on floating rate securities, FLOT provides an innovative strategy for modern investors looking to balance income generation with interest rate volatility management. Whether you're a seasoned investor or new to the bond market, the iShares Floating Rate Bond ETF offers a compelling blend of stability and adaptability in today's ever-evolving financial landscape.
iShares Floating Rate Bond ETF (FLOT) Fund Flow Chart
iShares Floating Rate Bond ETF (FLOT) 1 year Net Flows: $1B
FLOT ETF FAQ
What was FLOT’s price range in the past 12 months?
FLOT lowest ETF price was $50.28 and its highest was $51.16 in the past 12 months.