(FLOT) iShares Floating Rate Bond - Ratings and Ratios

The iShares Floating Rate Bond ETF (FLOT) is designed to provide exposure to floating-rate bonds, which are particularly attractive in rising interest rate environments. The fund invests at least 80% of its assets in the component securities of its underlying index, ensuring tight tracking of the indexs performance. Additionally, it allocates at least 90% of its assets to fixed-income securities of the types included in the index, further enhancing its ability to replicate the indexs returns. This structure is intended to minimize tracking error and provide investors with a cost-effective way to gain exposure to the floating-rate bond market.

As an ultrashort bond ETF, FLOT is structured to offer low duration risk, with an average effective duration that typically hovers near zero. This makes it an attractive option for investors seeking to reduce interest rate sensitivity in their fixed-income portfolios. The funds underlying index includes a diverse range of floating-rate bonds, providing exposure to various sectors and issuers. With an AUM of $8,237.73 million, FLOT is a liquid and well-established ETF in the ultrashort bond category. It is domiciled in the United States and trades on the BATS exchange under the ticker symbol FLOT. For more information, investors can visit the iShares website at http://www.ishares.com.