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iShares Floating Rate Bond ETF

etf
FLOT
Dividend policy
None
Price as of:
$ N/A 0
primary theme
U.S. Ultrashort Bond Duration
FLOT (ETF)

iShares Floating Rate Bond ETF

Dividend policy
None
Price as of:
$ N/A 0
primary theme
U.S. Ultrashort Bond Duration
FLOT (ETF)
iShares Floating Rate Bond ETF
Dividend policy
None
Price as of:
$ N/A 0
primary theme
U.S. Ultrashort Bond Duration

FLOT - Snapshot

Vitals

  • YTD Return -0.4%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 1.9%
  • Net Assets $5.54 B
  • Holdings in Top 10 12.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.20%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme U.S. Ultrashort Bond Duration
  • Fund Type Exchange Traded Fund
  • Investment Style Ultrashort Bond

Compare FLOT to Popular U.S. Ultrashort Bond Duration Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$10.04

0.00%

$21.57 B

1.29%

$0.13

blocked
blocked
blocked

0.10%

-

$9.98

0.00%

$18.92 B

-

$0.07

blocked
blocked
blocked

-0.40%

-

$10.10

0.00%

$17.44 B

1.19%

$0.12

blocked
blocked
blocked

0.40%

-

$10.05

0.00%

$16.47 B

1.41%

$0.14

blocked
blocked
blocked

0.10%

-

$9.86

0.00%

$14.76 B

1.44%

$0.14

blocked
blocked
blocked

1.23%

-

Compare FLOT to Popular U.S. Ultrashort Bond Duration ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$110.51

0.00%

$18.94 B

0.90%

$1.00

blocked
blocked
blocked

0.05%

-

$101.98

+0.02%

$14.46 B

1.49%

$1.52

blocked
blocked
blocked

0.37%

-

$91.52

+0.01%

$13.22 B

0.55%

$0.50

blocked
blocked
blocked

0.10%

-

$60.02

0.00%

$5.10 B

1.49%

$0.89

blocked
blocked
blocked

-0.10%

-

$50.55

+0.02%

$3.04 B

1.59%

$0.80

blocked
blocked
blocked

0.36%

-

FLOT - Profile

Distributions

  • YTD Total Return -0.4%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.84%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    iShares Floating Rate Bond ETF
  • Fund Family Name
    iShares
  • Inception Date
    Jun 14, 2011
  • Shares Outstanding
    109200000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Mauro

Fund Description

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.


FLOT - Performance

Return Ranking - Trailing

Period FLOT Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -8.1% 1.8% 82.86%
1 Yr 1.1% -7.2% 4.2% 71.83%
3 Yr 2.1%* -1.0% 3.2% 43.98%
5 Yr 1.9%* 0.4% 3.7% 31.71%
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Return Ranking - Calendar

Period FLOT Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -0.3% 2.5% 14.36%
2018 -0.9% -2.5% 0.4% 83.93%
2017 0.2% -1.8% 100.0% 33.55%
2016 0.6% -1.0% 1.3% 19.84%
2015 -0.2% -2.6% 0.0% 16.67%

Total Return Ranking - Trailing

Period FLOT Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -8.1% 1.8% 82.86%
1 Yr 1.1% -7.2% 4.2% 66.67%
3 Yr 2.1%* -1.0% 3.2% 42.93%
5 Yr 1.9%* 0.4% 3.7% 31.10%
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Total Return Ranking - Calendar

Period FLOT Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -0.3% 2.5% 15.38%
2018 -0.9% -51.1% 2.0% 88.10%
2017 0.2% -1.8% 2.7% 39.47%
2016 0.6% -1.0% 2.9% 26.19%
2015 -0.2% -2.6% 1.9% 28.33%

FLOT - Holdings

Concentration Analysis

FLOT Category Low Category High FLOT % Rank
Net Assets 5.54 B 24.8 K 21.6 B 20.64%
Number of Holdings 464 1 1856 25.35%
Net Assets in Top 10 711 M -1.5 B 15.2 B 23.04%
Weighting of Top 10 12.83% 0.0% 100.0% 76.28%

Top 10 Holdings

  1. Asian Development Bank 0.26% 1.26%
  2. Inter-American Development Bank 0.44% 1.10%
  3. JPMorgan Chase & Co. 1.44% 0.96%
  4. Pacific Gas and Electric Company 1.6% 0.90%
  5. Goldman Sachs Group, Inc. 0.96% 0.88%
  6. Morgan Stanley 1.61% 0.84%
  7. Wells Fargo & Company 1.14% 0.84%
  8. Morgan Stanley 1.15% 0.82%
  9. Pacific Gas and Electric Company 1.72% 0.80%
  10. AT&T Inc 1.43% 0.79%

Asset Allocation

Weighting Return Low Return High FLOT % Rank
Bonds
85.60% 0.00% 100.00% 35.94%
Cash
9.83% -0.14% 100.00% 69.12%
Convertible Bonds
4.56% 0.00% 13.88% 17.97%
Stocks
0.00% 0.00% 20.31% 58.53%
Preferred Stocks
0.00% 0.00% 0.00% 56.68%
Other
0.00% -4.01% 16.96% 63.59%

Bond Sector Breakdown

Weighting Return Low Return High FLOT % Rank
Corporate
79.71% 0.00% 99.52% 3.23%
Government
10.46% 0.00% 100.00% 20.74%
Cash & Equivalents
9.83% 0.00% 100.00% 72.35%
Derivative
0.00% 0.00% 17.05% 61.29%
Securitized
0.00% 0.00% 95.67% 92.63%
Municipal
0.00% 0.00% 77.23% 81.11%

Bond Geographic Breakdown

Weighting Return Low Return High FLOT % Rank
US
49.00% 0.00% 100.00% 66.36%
Non US
36.60% 0.00% 70.15% 4.61%

FLOT - Expenses

Operational Fees

FLOT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.08% 3.37% 93.78%
Management Fee 0.20% 0.00% 1.19% 22.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FLOT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 3.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

FLOT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLOT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 0.00% 303.00% 7.46%

FLOT - Distributions

Dividend Yield Analysis

FLOT Category Low Category High FLOT % Rank
Dividend Yield 0.00% 0.00% 4.01% 65.14%

Dividend Distribution Analysis

FLOT Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FLOT Category Low Category High FLOT % Rank
Net Income Ratio 2.84% -0.20% 3.48% 4.25%

Capital Gain Distribution Analysis

FLOT Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

FLOT - Fund Manager Analysis

Managers

James Mauro


Start Date

Tenure

Tenure Rank

Jun 14, 2011

9.47

9.5%

James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.

Scott Radell


Start Date

Tenure

Tenure Rank

Jun 14, 2011

9.47

9.5%

Scott Radell has been employed as managing director and portfolio manager with BlackRock Investment Management LLC and BlackRock Financial Advisers (formerly, Barclays Global Fund Advisors) and its predecessors since 2009. Mr. Radell served as a portfolio manager at Barclays Global Fund Advisors and its affiliates since 2004. Radell was a credit strategist from 2003 to 2004 before becoming a CoreAlpha Bond Portfolio Manager and prior to that he was employed by Morgan Stanley Asset Management as a credit analyst from 1996 to 2003.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 30.94 5.54 4.81

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