FLOT:ARCA-iShares Floating Rate Bond (USD)

ETF | Ultrashort Bond | NYSE Arca

Last Closing

USD 51.04

Change

0.00 (0.00)%

Market Cap

USD 3.52B

Volume

1.42M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to track the investment results of the Bloomberg Barclays US Floating Rate Note < 5 Years Index (the "underlying index"), which measures the performance of U.S. dollar-denominated, investment-grade floating rate notes. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index, but which BFA believes will help the fund track the underlying index.

Inception Date: 14/06/2011

Primary Benchmark: BBgBarc USFRN 5- Yr TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.2%

Management Expense Ratio: 0.20 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-28 )

Largest Industry Peers for Ultrashort Bond

ETFs Containing FLOT

QMN 0.00 % 0.76 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Ultrashort Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.83% 100% F 35% F
Dividend Return 1.49% 100% F 78% C+
Total Return 2.32% 100% F 43% F
Trailing 12 Months  
Capital Gain 0.83% 100% F 25% F
Dividend Return 5.37% 100% F 83% B
Total Return 6.20% 100% F 29% F
Trailing 5 Years  
Capital Gain 0.30% 100% F 32% F
Dividend Return 9.90% 100% F 59% D-
Total Return 10.21% 100% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain 0.09% 100% F 30% F
Dividend Return 1.86% 100% F 35% F
Total Return 1.78% 100% F 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 2.65% 100% F 95% A
Risk Adjusted Return 70.45% 100% F 85% B
Market Capitalization 3.52B 100% F 96% N/A

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike