|Bid||91.5000 x 1400|
|Ask||91.5100 x 1100|
|Day's Range||91.5000 - 91.5100|
|52 Week Range||91.3700 - 91.5800|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.14%|
IShares Floating Rate Bond ETF FLOT is a solid option for investors worried about rising interest rates and credit risk. This low-fee fund invests in investment-grade corporate bonds whose interest payments grow as rates rise. The fund tracks the Bloomberg Barclays U.S. Floating Rate Note
Investors piled into fixed income exchange traded funds last month, focusing on short duration fare such as the iShares Short Treasury Bond ETF (SHV) . The Federal Reserve raised interest rates in March and many bond market observers are pricing in as many as four rate hikes this year, prompting investors to embrace funds with lower rate risk. Another $1.7 billion has gone into two similar ETFs from Goldman Sachs Group Inc. and State Street,” reports The Wall Street Journal.
As traders turn risk-off in response to escalating trade war tensions, investors have been diving into safety bets like Treasury bonds and related ETFs. A weekly data compilation by Bank of America Merrill ...
The SPDR Barclays 1-3 Month T-Bill (NYSEArca: BIL), a conservative, cash equivalent exchange traded fund, is luring investors in a big way. “BIL seeks to provide investment results that, before fees and ...