Key stats
About ISHARES FLOATING RATE BOND ETF
Home page
Inception date
Jun 14, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
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. Bank issues typically dominate the basket. FLOT takes a very straightforward and broad approach to its holdings, so expect market-like exposure overall.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate71.20%
Government28.33%
Cash0.47%
Stock breakdown by region
North America64.91%
Europe18.47%
Oceania8.47%
Asia7.94%
Latin America0.22%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLOT invests in bonds. The fund's major sectors are Corporate, with 71.20% stocks, and Government, with 28.33% of the basket. The assets are mostly located in the North America region.
FLOT top holdings are International Bank for Reconstruction & Development FRN 19-AUG-2027 and European Bank for Reconstruction & Development FRN 20-FEB-2028, occupying 1.22% and 1.11% of the portfolio correspondingly.
FLOT last dividends amounted to 4.08 MXN. The month before, the issuer paid 4.28 MXN in dividends, which shows a 4.93% decrease.
Yes, FLOT pays dividends to its holders with the dividend yield of 5.43%. The last dividend (May 6, 2025) amounted to 4.08 MXN. The dividends are paid monthly.
FLOT shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jun 14, 2011, and its management style is Passive.
FLOT expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
FLOT follows the Bloomberg US Floating Rate Notes (<5 Y). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLOT invests in bonds.
FLOT price has fallen by −1.41% over the last month, and its yearly performance shows a 14.97% increase. See more dynamics on FLOT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.22% over the last month, have fallen by −1.22% over the last month, showed a −3.55% decrease in three-month performance and has increased by 23.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.22% over the last month, have fallen by −1.22% over the last month, showed a −3.55% decrease in three-month performance and has increased by 23.45% in a year.
FLOT trades at a premium (0.38%) meaning the ETF is trading at a higher price than the calculated NAV.