FLOT
iShares Floating Rate Bond ETF
iShares Floating Rate Bond ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track the performance of the Barclays Capital US Floating Rate Note < 5 Years Index.
Corporate
FIXED INCOME
Passive
MANAGEMENT STYLE
$ 9.0 B
ASSETS UNDER MGMT
15 bp
EXPENSES
Fund Basics
| Inception date | Jun 14, 2011 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| INTERNATIONAL BANK FOR RECONSTRUCT MTN - 4.78 | 1.2 % |
| EUROPEAN BANK FOR RECONSTRUCTION A MTN - 4.68 | 1.1 % |
| EUROPEAN BANK FOR RECONSTRUCTION A MTN - 4.53 | 1.1 % |
| INTERNATIONAL BANK FOR RECONSTRUCT - 6.92 2027 | 1.1 % |
| INTERNATIONAL FINANCE CORP MTN - 4.66 2028-08- | 1.0 % |
| INTERNATIONAL BANK FOR RECONSTRUCT - 5.01 2026 | 0.9 % |
| EUROPEAN BANK FOR RECONSTRUCTION A MTN - 4.66 | 0.9 % |
| INTERNATIONAL BANK FOR RECONSTRUCT - 4.66 2029 | 0.9 % |
| INTERNATIONAL BANK FOR RECONSTRUCT - 4.89 2028 | 0.9 % |
| INTERNATIONAL BANK FOR RECONSTRUCT MTN - 4.62 | 0.8 % |
Constituent Breakdown
| No. of constituents | 301 |
| No. of distinct issuers | 157 |
| Coverage | 71% |
| Fixed/floating rate | 0% / 100% |
| Investment grade | 100% |
| Inflation protected | 0% |
| Non-standard maturity (callable, etc.) | 33% |
Issuer Type Breakdown
Top Issuers
| GOLDMAN SACHS GROUP, INC. | 4.1 % |
| JPMORGAN CHASE & CO. | 2.9 % |
| BANK OF NOVA SCOTIA | 2.5 % |
| ROYAL BANK OF CANADA | 2.5 % |
| BANK OF AMERICA CORPORATION | 2.2 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.3% | -0.2% | -0.1% | 0.1% | 0.1% | 0.2% | -- | 0.1% |
| Dividend Yield | 0.3% | 4.9% | 5.4% | 5.6% | 3.9% | 2.8% | -- | 2.1% |
| Total Returns | 0.6% | 4.7% | 5.3% | 5.7% | 4.0% | 3.0% | -- | 2.2% | Ann. Volatility | 0.4% | 2.1% | 1.6% | 2.0% | 1.8% | 4.1% | -- | 3.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.07 | 45% |
| MSCI EAFE | 0.08 | 39% |
| MSCI Emg Mkts | 0.05 | 22% |
Liquidity Measures
| Avg. volume (000) | 1,987 |
| ADV traded (mns) | $101 |
| Turnover | 1.1% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $50.84 |
| Relative strength (RSI) | 51 |
| MACD/Signal | 0.02/0.03 |
| Bollinger Bands (Upper/Lower) | $50.96/$50.77 |
| Short interest (% of AUM) | 0.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Credit Quality
Duration
Macaulay Duration
Modified Duration
SHORT
MED.
LONG TERM
2.4 yrs
Modified Duration
◁ INSENSITIVE
EXTREMELY SENSITIVE ▷
2.4%
ⓘ Our analysis shows this fund is likely to be relatively insensitive to changes in interest rates
Interest Rate Sensitivity Analysis
| Change in YTM |
New YTM |
Est. Price Change |
New Price |
|---|---|---|---|
| +300 bp | --% | --% | $-- |
| +200 bp | --% | --% | $-- |
| +150 bp | --% | --% | $-- |
| +100 bp | --% | --% | $-- |
| +75 bp | --% | --% | $-- |
| +50 bp | --% | --% | $-- |
| +25 bp | --% | --% | $-- |
| 0 bp | --% | --% | $-- |
| -25 bp | --% | --% | $-- |
| -50 bp | --% | --% | $-- |
| -75 bp | --% | --% | $-- |
| -100 bp | --% | --% | $-- |
| -150 bp | --% | --% | $-- |
| -200 bp | --% | --% | $-- |
| - 300bp | --% | --% | $-- |
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Yields
Disposition of YTM
Distribution Yield (Trailing 12 Months)
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ETF Research Center Fund Rating
The ALTAR Score™ is our measure of an ETF's overall investment merit. For fixed income funds, the Score is an estimate of risk-adjusted yield to maturity (calculation shown below). In effecient markets, the plot of ALTAR Scores™ vs. Duration should resemble the familiar yield curve. Funds that sit above the curve may offer better risk-adjusted returns than those that sit below the curve.
ALTAR Score™
FLOT
1.4%
Cat. Avg
3.8%
Fund Category: Corporate
| Adj. Yield to Maturity | -- bp |
| Less: Annual "default factor" | -- bp |
| Less: Expenses | 15 bp |
| Equals: ALTAR Score™ | 1.4% |
ALTAR Score™ vs. Duration (Corporate Bond ETFs)