ducovest

FLRN:ARCA-SPDR Bloomberg Barclays Investment Grade Floating Rate (USD)

ETF | Ultrashort Bond | NYSE Arca

Last Closing

USD 30.83

Change

+0.01 (+0.03)%

Market Cap

USD 0.70B

Volume

1.76M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays U.S. Dollar Floating Rate Note < 5 Years Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of U.S. dollar-denominated, investment grade floating rate notes. The fund is non-diversified.

Company Website : www.spdrs.com

Currency: USD

Country : USA

Inception Date: 30/11/2011

Primary Benchmark: BBgBarc USFRN 5- Yr TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.15%

Management Expense Ratio: 0.15 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
GS Goldman Sachs Group Inc 0.99 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Mer Price(Change) Market Cap
BIL SPDR® Bloomberg 1-3 Month T-B.. 0.14 %

N/A

 USD 32.61B
PULS PGIM Ultra Short Bond 0.15 %

+0.01 (+0.02%)

 USD 6.23B
GBIL Goldman Sachs Access Treasury .. 0.12 %

+0.01 (+0.01%)

 USD 5.59B
VNLA Janus Henderson Short Duration.. 0.35 %

+0.01 (+0.02%)

 USD 2.27B
GSY Invesco Ultra Short Duration E.. 0.25 %

+0.01 (+0.02%)

 USD 1.93B
FLTR VanEck Investment Grade Floati.. 0.14 %

+0.02 (+0.08%)

 USD 1.50B
RAVI FlexShares Ready Access Variab.. 0.25 %

+0.03 (+0.04%)

 USD 1.14B
ULST SPDR® SSgA Ultra Short Term B.. 0.20 %

+0.01 (+0.02%)

 USD 0.58B
OPER ClearShares Ultra-Short Maturi.. 0.28 %

-0.44 (-0.44%)

 USD 0.16B

ETFs Containing FLRN

QMN 0.00 % 0.76 %

N/A

 N/A
SDAG 0.00 % 0.20 %

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 0.78% 82% B 36% F
Dividend Return 0.97% 64% D 53% F
Total Return 1.75% 82% B 37% F
Trailing 12 Months  
Capital Gain 1.35% 82% B 34% F
Dividend Return 5.27% 82% B 71% C-
Total Return 6.62% 91% A- 37% F
Trailing 5 Years  
Capital Gain 0.42% 82% B 45% F
Dividend Return 10.47% 73% C 40% F
Total Return 10.90% 91% A- 39% F
Average Annual (5 Year Horizon)  
Capital Gain 0.01% 70% C- 42% F
Dividend Return 1.77% 90% A- 38% F
Total Return 1.76% 70% C- 43% F
Risk Return Profile  
Volatility (Standard Deviation) 2.50% 30% F 98% N/A
Risk Adjusted Return 70.86% 60% D- 93% A
Market Capitalization 0.70B 64% D 64% D

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:
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.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.