FLOT
- iShares Floating Rate Bond ETFKey Information
| Earliest date | 2011-06-14 |
| Exchange | CBOE |
| Instrument Type | ETF |
| MIC Code | BATS |
| Country | United States |
ETF Information
| Fund Provider | BlackRock |
| Index | Bloomberg US Floating Rate Notes (<5 Y) |
| Expense Ratio | 0.15% |
| Number Of Holdings | 349 |
| Inception Date | 2011-06-14 |
| Asset Class | Bonds |
| Currency | USD |
| Listing | US-listed |
| Sector | Financials |
| Bond Type | Specialized Bonds |
| Non-leveraged | Non-leveraged |
About FLOT
The iShares Floating Rate Bond ETF (FLOT) provides exposure to investment-grade, dollar-denominated floating rate debt, offering a low-risk fixed income investment option with minimal interest rate risk. The fund's floating rate notes are tied to benchmark rates, such as LIBOR, allowing coupon payments to fluctuate with prevailing market interest rates. This ETF can be used as a tactical allocation in rising interest rate environments or to round out fixed income exposure in a long-term portfolio, providing credit risk exposure while minimizing interest rate risks.