iShares Floating Rate Bond ETF (FLOT)

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#1

Best Fit Specialty: Fixed Income Funds ETFs

U.S. News evaluated 11 Specialty: Fixed Income Funds ETFs and 2 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 Typical
Holdings Diversity Excellent

Fund Description

The investment seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade floating rate bonds with remaining maturities between one month and five years. The fund seeks to track the investment results of the Barclays US Floating Rate Note < 5 Years Index (the "underlying index"), which measures the performance of U.S. dollar-denominated, investment-grade floating rate notes. It generally invests at least 90% of its assets in the securities of the underlying index and in investments that provide substantially similar exposure to the securities in the underlying index. The fund is non-diversified.

Fund Snapshot Updated 07.08.2014

Previous Close $50.74 Expense Ratio 0.20%
YTD Return 0.36% Avg. 30-Day Volume 466,315
1-Year Return 0.9% Market Cap Loading...
Bid $50.78 Shares Outstanding 70,500,000
Ask $50.79 Dividends $0.21
Top 10 Holdings
Goldman Sachs Group Inc (—) 1.29%
Jpmorgan Chase & Co (—) 1.11%
Toronto Dominion Bank (—) 0.94%
Nederlandse Waterschapsbank Nv (—) 0.93%
Kommunalbanken As (—) 0.92%
J P Morgan Chase & Co Mtn Be (—) 0.90%
J P Morgan Chase & Co Mtn Be (—) 0.90%
Goldman Sachs Group Inc (—) 0.88%
Commonwealth Bk Australia 144A (—) 0.86%
Citigroup Inc (—) 0.83%
% of Total Holdings 9.60%

Sector Breakdown

Geographic Breakdown

Best Fit Specialty: Fixed Income Funds

See full rankings for Specialty: Fixed Income Funds