SPDR Barclays Investment Grade Floating Rate ETF (FLRN)

  • Loading...
#1

Best Fit Corporate Debt Funds ETFs

U.S. News evaluated 79 Corporate Debt Funds ETFs and 37 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.

How we identify Best Fit Funds

Best Fit Scorecard
Costs Excellent
Tracking Error Good
Bid/Ask Ratio Excellent
Holdings Diversity Excellent

Fund Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of Barclays U.S. Dollar Floating Rate Note < 5 Years Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or 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. The fund is non-diversified.

Fund Snapshot Updated 04.17.2014

Previous Close $30.55 Expense Ratio 0.15%
YTD Return 0.11% Avg. 30-Day Volume 25,533
1-Year Return 0.2% Market Cap Loading...
Bid $30.58 Shares Outstanding 11,600,000
Ask $30.60 Dividends $0.18
Top 10 Holdings
Goldman Sachs Group Inc (—) 1.70%
Toronto Dominion Bank (—) 1.26%
J P Morgan Chase & Co Mtn Be (—) 1.16%
Kommunalbanken As (—) 1.10%
Toronto Dominion Bank (—) 1.03%
J P Morgan Chase & Co Mtn Be (—) 0.99%
J P Morgan Chase & Co Mtn Be (—) 0.95%
National Australia Bk Ltd144A (—) 0.92%
Verizon Communications Inc (—) 0.88%
Morgan Stanley (—) 0.85%
% of Total Holdings 10.90%

Sector Breakdown

Geographic Breakdown

Best Fit Corporate Debt Funds

See full rankings for Corporate Debt Funds