Blackrock Floating Rate Bond ETF | FLOT

Low RiskFixed Income
Blackrock Floating Rate Bond ETF
Issued by:iShares by Blackrock
Exchange : BATS
Unit Price (NAV) :
Minimum investment: 2 units
Blackrock Floating Rate Bond ETF | FLOT

Blackrock Floating Rate Bond ETF | FLOT


The Blackrock Floating Rate Bond ETF (FLOT) tracks an index of investment-grade floating rate corporate bonds with maturities of 0-5 years. These bonds pay a variable coupon rate, the majority of which vary with the 3-month LIBOR. The fund may hold these variable rate bonds from large-, mid-, or small-cap corporations that are US registered, or denominated in US dollars, as well as government and supranational entities.

About the Fund Manager:
BlackRock was incorporated in 1988 and is today the world's largest asset manager with $6.5 trillion in assets under management as of April 2019. It is one of the world's leading providers of investment, advisory and risk management solutions.

Recommended for:
Asset Preservation

Additional Information:
Fund Factsheet


FLOT Charts
52 Week High: $|52 Week Low: $
PerformanceYTD actual1Y p.a3Y p.a5Y p.a10Y p.a
Blackrock Floating Rate Bond ETF0.40%0.60%1.60%1.75%1.48%

Asset Class

Asset type breakdown

FLOT Holdings - Top 10

NameiWeightage (%)
BlackRock Cash Funds Treasury SL Agency1.26%
Asian Development Bank 0.13%1.13%
International Bank for Reconstruction and Development 0.05%0.98%
Morgan Stanley 1.11%0.97%
Inter-American Development Bank 0.38%0.89%
Goldman Sachs Group, Inc. 0.9%0.84%
Morgan Stanley 1.58%0.84%
JPMorgan Chase & Co. 1.41%0.79%
Goldman Sachs Group, Inc. 1.74%0.78%
European Bank For Reconstruction & Development 0.33%0.77%

FLOT Countries

Countryi% of market value

Returns Calculator

Investment ofper month
gives returns of :
at 0.78% / annum
$in 10 years
for a time period of
Returnsbased on historic SIP returns of 0.78% per annum
$+ 0.78

FLOT Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol FLOT
Exchange BATS
ISIN US46429B6552
Cat. Benchmark BBgBarc US Agg Bond TR USD
Asset class Fixed Income
Category Ultrashort Bond
Country US

FLOT Key Metrics

Net Expense Ratio 0.2i
Beta 0.18i
3 Year Standard Deviation 2.43i

Fund Strategy

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.

FLOT Fact Sheets & Reports

About iShares by Blackrock

"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.

Blackrock Floating Rate Bond ETF | FLOT