FLRT:ARCA-AdvisorShares Pacific Asset Enhanced Floating Rate (USD)

ETF | Bank Loan | NYSE Arca

Last Closing

USD 47.49

Change

-0.03 (-0.06)%

Market Cap

USD 0.03B

Volume

0.15M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide a high level of current income. The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income producing floating rate loans and floating rate debt securities. Under normal circumstances, it will invest at least 80% of its net assets (plus any borrowings for investment purposes) in floating rate loans and other floating rate debt securities and in derivatives or other instruments that have economic characteristics similar to such securities (such as swap agreements, including, but not limited to, total return swaps, credit default swaps, and interest rate swaps).

Inception Date: 18/02/2015

Primary Benchmark: S&P 500 TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 1.51%

Management Expense Ratio: 1.10 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-30 )

Largest Industry Peers for Bank Loan

Symbol Name Mer Price(Change) Market Cap
BKLN Invesco Senior Loan ETF 0.63 %

+0.05 (+0.24%)

USD 6.75B
SRLN SPDR Blackstone Senior Loan ET.. 0.70 %

+0.02 (+0.05%)

USD 6.19B
SEIX Virtus ETF Trust II - Virtus S.. 0.00 %

+0.02 (+0.08%)

USD 0.18B

ETFs Containing FLRT

N/A

Market Performance

  Market Performance vs. Industry/Classification (Bank Loan) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.76% 88% B+ 26% F
Dividend Return 5.99% 63% D 85% B
Total Return 6.75% 88% B+ 38% F
Trailing 12 Months  
Capital Gain 1.82% 88% B+ 22% F
Dividend Return 7.81% 38% F 84% B
Total Return 9.63% 88% B+ 29% F
Trailing 5 Years  
Capital Gain -2.86% 88% B+ 41% F
Dividend Return 23.09% 38% F 74% C
Total Return 20.22% 88% B+ 44% F
Average Annual (5 Year Horizon)  
Capital Gain 0.10% N/A N/A 36% F
Dividend Return 4.77% N/A N/A 47% F
Total Return 4.67% N/A N/A 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 6.26% N/A N/A 87% B+
Risk Adjusted Return 76.13% N/A N/A 87% B+
Market Capitalization 0.03B 38% F 43% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.