|
iShares Floating Rate Bond ETF
|
|||||||||||||||||
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| iShares Floating Rate Bond ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track the performance of the Barclays Capital US Floating Rate Note < 5 Years Index. |
| Category | Corporate |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Jun 14, 2011 |
| Assets (mns) | $8,995 |
| Currency | USD |
| Expense ratio | 15 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Full |
| No. of constituents | 301 |
| No of distinct issuers | 157 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 100% /0% |
| Non-standard maturity (callable, etc.) | 33% |
| 0.0% // | 1.2 % |
| 0.0% // | 1.1 % |
| 0.0% // | 1.1 % |
| 0.0% // | 1.1 % |
| 0.0% // | 1.0 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.8 % |
| TOTAL | 9.9 % |
|---|
| GOLDMAN SACHS GROUP, INC. | 4.1% |
| JPMORGAN CHASE & CO. | 2.9% |
| BANK OF NOVA SCOTIA | 2.5% |
| ROYAL BANK OF CANADA | 2.5% |
| BANK OF AMERICA CORPORATION | 2.2% |
 |
UNITED STATES | 41.4 % |
 |
CANADA | 10.9 % |
 |
UNITED KINGDOM | 4.5 % |
 |
AUSTRALIA | 3.6 % |
 |
JAPAN | 3.4 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 0.8% | 1.5% | 2.9% | 2.4% | 1.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | -0.01 | 1% |
| S&P500 | 0.00 | 0% |
| MSCI EAFE | 0.01 | 1% |
| MSCI Emg. Mkts. | 0.00 | 0% |
| Recent close | $50.91 |
| 30d moving avg. | $50.80 |
| Annualized volatility | 1.2% |
| Short interest (ETF) | 1.2% |
| Relative strength (RSI) | 66 |
| Avg. volume (thou.) | 1,650 |
| Avg. daily value traded (mns) | $84 |
| Turnover | 0.9% |
| Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| FLOT | 2.4 yrs | Category Avg.* |
4.7 yrs |
| FLOT | 2.4% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 4.55% | -7.3% | $47.18 |
| +200 bp | 3.55% | -4.9% | $48.43 |
| +150 bp | 3.05% | -3.7% | $49.05 |
| +100 bp | 2.55% | -2.4% | $49.67 |
| +75 bp | 2.30% | -1.8% | $49.98 |
| +50 bp | 2.05% | -1.2% | $50.29 |
| +25 bp | 1.80% | -0.6% | $50.60 |
| 0 bp | 1.55% | 0% | $50.91 |
| -25 bp | 1.30% | 0.6% | $51.22 |
| -50 bp | 1.05% | 1.2% | $51.53 |
| -75 bp | 0.80% | 1.8% | $51.84 |
| -100 bp | 0.55% | 2.4% | $52.15 |
| -150 bp | 0.05% | 3.6% | $52.76 |
| -200 bp | -0.45% | 4.8% | $53.38 |
| -300 bp | -1.45% | 7.3% | $54.61 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
155 | bp |
| Less: Annual "default factor" |
3 | bp |
| Less: Expense ratio | 15 | bp |
| Equals: ALTAR Score | 1.37 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.8% |
| Corporate | 3.8% |
| Emerging Market | 5.3% |
| Government | 6.9% |
| Inflation Protected | 2.1% |
| Mortgage | 4.6% |
| Municipals | 3.2% |
| *Note: The iShares Floating Rate Bond ETF is classified as a Corporate fund. | |