FLRN 📈 SPDR Bloomberg Investment - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US78468R2004 • Ultrashort Bond

FLRN: Floating Rate Notes, Investment Grade Bonds, US Dollar Securities

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of U.S. dollar-denominated, investment grade floating rate notes. ‣ Company URL: http://www.spdrs.com ‣ Domicile: United States

Additional Sources for FLRN ETF

FLRN ETF Overview

Market Cap in USD 2,351m
Category Ultrashort Bond
TER 0.15%
IPO / Inception 2011-11-30

FLRN ETF Ratings

Growth 5y 72.3%
Fundamental -
Dividend 70.3%
Rel. Strength Industry 187
Analysts -
Fair Price Momentum 30.22 USD
Fair Price DCF -

FLRN Dividends

Dividend Yield 12m 5.31%
Yield on Cost 5y 6.16%
Annual Growth 5y 15.39%
Payout Consistency 77.5%

FLRN Growth Ratios

Growth Correlation 3m 99.6%
Growth Correlation 12m 100%
Growth Correlation 5y 92.7%
CAGR 5y 3.02%
CAGR/Mean DD 5y 10.39
Sharpe Ratio 12m 2.07
Alpha -0.99
Beta 0.12
Volatility 0.89%
Current Volume 490k
Average Volume 20d 826.2k
What is the price of FLRN stocks?
As of December 27, 2024, the stock is trading at USD 30.71 with a total of 489,963 shares traded.
Over the past week, the price has changed by +0.10%, over one month by +0.44%, over three months by +1.38% and over the past year by +6.39%.
Is SPDR Bloomberg Investment a good stock to buy?
Yes. Based on ValueRay Analyses, SPDR Bloomberg Investment (NYSE ARCA:FLRN) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 72.34 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FLRN as of December 2024 is 30.22. This means that FLRN is currently overvalued and has a potential downside of -1.6%.
Is FLRN a buy, sell or hold?
SPDR Bloomberg Investment has no consensus analysts rating.
What are the forecast for FLRN stock price target?
According to ValueRays Forecast Model, FLRN SPDR Bloomberg Investment will be worth about 32.7 in December 2025. The stock is currently trading at 30.71. This means that the stock has a potential upside of +6.41%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 32.7 6.4%