iShares Floating Rate Bond ETF
$FLOT · BlackRock · tracks Bloomberg U.S. Floating Rate Note < 5 Years Index · since 2011
Dividend yield
5.28%
Expense ratio
0.15%
Assets
$14.0B
About FLOT
Tracks investment-grade floating rate notes with maturities under 5 years. FLOT's coupon payments reset periodically based on short-term reference rates, making it highly resistant to interest rate risk — ideal for investors who want income without duration exposure.
Sector exposure
- Financials68.4%
- Industrials14.2%
- Utilities6.8%
- Consumer Staples4.6%
- Technology3.8%
- Other2.2%
How StockWorthy analyses FLOT
ETFs hold companies rather than generating cash flow themselves, so FLOT is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 3.42% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.
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