💼 The fund invests in securities that help it track the underlying index, with at least 80% of its assets dedicated to this. BFA believes in investing at least 90% of its assets in fixed income securities to achieve this goal.
Common Questions
What does iShares Floating Rate Bond ETF invest in?
💼 The fund invests in securities that help it track the underlying index, with at least 80% of its assets dedicated to this. BFA believes in investing at least 90% of its assets in fixed income securities to achieve this goal.
How have FLOT's returns been over the last 5 years?
FLOT's 5-year returns have been below average (<1% CAGR), rated Thunderstorm on Stockbruh's weather system. Sign up to see detailed performance data.
Is FLOT a good ETF for beginners?
Stockbruh provides a beginner-friendly analysis of FLOT covering returns (5Y CAGR), dividend yield, and expense ratio. FLOT has moderate fees. Sign up free to see the full weather-rated breakdown.