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FLRN Price & Analysis

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FLRN ETF Chart & Stats

ETF Overview

SPDR Bloomberg Investment Grade Floating Rate ETF

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) is a dynamic investment vehicle designed to provide exposure to the broad market while uniquely focusing on investment-grade securities within the floating rate niche. This ETF seeks to offer investors a strategic blend of stability and flexibility by investing in high-quality, investment-grade bonds that feature floating interest rates. As interest rates fluctuate, the floating rate mechanism allows the ETF to potentially mitigate interest rate risk, making it an appealing choice for those seeking to preserve capital and maintain income generation in a rising rate environment. By targeting a broad-based portfolio of investment-grade assets, FLRN aims to deliver steady performance without compromising on credit quality. This ETF stands out for its ability to adapt to changing market conditions, providing investors with a balanced approach to managing interest rate exposure while benefiting from the reliability of investment-grade bonds.
Asset Class
Fixed Income
Region
North America
Issuer
SPDR
Index Tracked
Bloomberg US Floating Rate Notes (<5 Y)
Ticker Symbol
FLRN

SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) Fund Flow Chart

SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) 1 year Net Flows: $240M

FLRN ETF FAQ

What was FLRN’s price range in the past 12 months?
FLRN lowest ETF price was $30.32 and its highest was $30.88 in the past 12 months.
    What is the AUM of FLRN?
    As of Jan 29, 2025 The AUM of FLRN is 2.57B.
      Is FLRN overvalued?
      According to Wall Street analysts FLRN’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does FLRN pay dividends?
        FLRN pays a Monthly dividend of $0.111 which represents an annual dividend yield of 5.63%. See more information on FLRN dividends here
          How many shares outstanding does FLRN have?
          FLRN has 83,000,000 shares outstanding.
            Which hedge fund is a major shareholder of FLRN?
            Among the largest hedge funds holding FLRN’s share is Wela Strategies, Inc.. It holds FLRN’s shares valued at 2M.

              Top 10 Holdings

              Name
              Weight %
              USD_CASH
              International Bank for Reconstruction & Development FRN 19-AUG-2027
              1.40%
              USD_CASH
              International Bank for Reconstruction & Development FRN 12-JAN-2027
              1.19%
              USD_CASH
              European Bank for Reconstruction & Development FRN 14-APR-2026
              1.12%
              USD_CASH
              International Bank for Reconstruction & Development FRN 23-SEP-2026
              1.03%
              USD_CASH
              International Bank for Reconstruction & Development FRN 15-MAY-2028
              0.95%
              State Street Institutional Investment Trust US Government Money Market Fund Institutional
              0.93%
              USD_CASH
              Inter-American Development Bank FRN 15-FEB-2029
              0.90%
              USD_CASH
              International Bank for Reconstruction & Development FRN 15-JUN-2027
              0.89%
              USD_CASH
              International Bank for Reconstruction & Development FRN 23-FEB-2027
              0.88%
              USD_CASH
              European Bank for Reconstruction & Development FRN 20-FEB-2028
              0.88%
              Total10.17%
              See All Holdings
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