iShares Floating Rate Bond ETF FLOT Strategy
Strategy
The investment seeks to track the investment results of the Bloomberg U.S. Floating Rate Note < 5 Years Index composed of U.S. dollar-denominated, investment-grade floating rate bonds with remaining maturities between one month and five years. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index.
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Investment Status
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Morningstar Rating for Funds
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Medalist Rating
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Inception Date
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Adjusted Expense Ratio
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Minimum Initial Investment
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FLOT
| iShares Floating Rate Bond ETF | ETF | Open | — | — | 0.150% | — | — | — | ||
FLOT
| iShares Floating Rate Bond ETF | ETF | Open | $11.13B | 0.150% | — | — | $1.91B |