Blackrock Floating Rate Bond ETF | FLOT

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

Blackrock Floating Rate Bond ETF | FLOT

About FLOT ETF

Overview:
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

Returns

PerformanceYTD1Y3Y5Y
Blackrock Floating Rate Bond ETF0.20%6.76%1.99%1.96%

Asset Class

Asset type breakdown
Bond81.31%
Cash13.31%
NotClassified5.38%

FLOT Holdings - Top 10

NameiWeightage (%)
BlackRock Cash Funds Treasury SL Agency5.55%
Asian Development Bank 0.23%1.21%
Inter-American Development Bank 0.44%1.01%
Morgan Stanley 1.15%1.01%
JPMorgan Chase & Co. 1.45%0.91%
Goldman Sachs Group, Inc. 0.93%0.87%
Morgan Stanley 1.62%0.86%
Pacific Gas and Electric Company 1.57%0.85%
Verizon Communications Inc. 1.22%0.85%
Goldman Sachs Group, Inc. 1.33%0.84%

Projected Returns

Investment ofper month
gives returns of :
at 1.02% / annum
$in 5 years
amount
for a time period of
time1Y3Y5Y
Returnsbased on historic SIP returns of 1.02% per annum
$
$
$+ 1.02

FLOT Summary Data

Total Net Assets $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 Portfolio Data & Volatility Analysis

Net Expense Ratio 0.2i
Beta 0.17i
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