FLRN icon

SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN

Overview Fund Activity
30.78 USD
+0.01
0.03%
At close Updated Sep 12, 4:00 PM EDT
Pre-market
After hours
30.77
-0.01
0.03%
1 day
0.03%
5 days
0.07%
1 month
0%
3 months
0.16%
6 months
0%
Year to date
0.13%
1 year
0.03%
5 years
0.65%
10 years
1.28%
0
Funds holding %
of 7,462 funds
–
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

290% more call options, than puts

Call options by funds: $1.22M | Put options by funds: $314K

100% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 17

4% more funds holding

Funds holding: 318 [Q1] → 332 (+14) [Q2]

0.78% less ownership

Funds ownership: 61.29% [Q1] → 60.51% (-0.78%) [Q2]

3% less capital invested

Capital invested by funds: $1.71B [Q1] → $1.66B (-$54.2M) [Q2]

13% less funds holding in top 10

Funds holding in top 10: 23 [Q1] → 20 (-3) [Q2]

17% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 130

See Fund Rankings

Financial journalist opinion

Positive
Seeking Alpha
17 days ago
FLRN: Simple Cash-Plus ETF, Stable Share Price, Good Dividend Yield
Federal Reserve rates remain elevated, as do yields on cash and similar investments. FLRN invests in floating rate notes. Similar characteristics to t-bills, with a little bit more in risk, a little bit more in income. It yields 5.1%, and is a solid choice for more risk-averse investors.
FLRN: Simple Cash-Plus ETF, Stable Share Price, Good Dividend Yield
Neutral
Seeking Alpha
1 month ago
Bonds Rally On Weak Payrolls Data
The bond market looks increasingly focused on slowing economic growth vs. tariff inflation.
Bonds Rally On Weak Payrolls Data
Negative
Seeking Alpha
2 months ago
FLRN: Caution Warranted (Rating Downgrade)
FLRN underperformed peers during the April 2025 sell-off and offers a yield only marginally above Fed Funds, limiting its upside. The ETF's heavy exposure to financials increases risk, especially in a recession or if spreads widen, despite its high credit quality. Alternatives like NEAR and SHY provide better risk-reward, especially as rate cuts loom and FLRN's yield premium narrows.
FLRN: Caution Warranted (Rating Downgrade)
Negative
Seeking Alpha
3 months ago
Most U.S. Treasury Prices Slide Since 'Liberation Day'
In recent days, a new headwind is weighing on fixed income securities: a US government budget bill, which is expected to significantly raise an already hefty federal deficit in the years ahead. Long-term Treasuries are the biggest losers post-Liberation Day, based on a set of ETFs through yesterday's close (May 21).
Most U.S. Treasury Prices Slide Since 'Liberation Day'
Negative
Seeking Alpha
1 year ago
FLRN: What Is Next For This Floating Rate Fund (Rating Downgrade)
The thesis argues that FLRN, a floating rate ETF, is likely to underperform in a falling interest rate environment. The thesis highlights the strong historical performance of FLRN, the anticipated Fed rate cuts, and the potential negative impact of falling rates on FLRN's floating rate exposure. While some market participants are pricing a 50 bps September 2024 Fed cut, our base case predicts only 25 bps, with cuts at each Fed meeting after.
FLRN: What Is Next For This Floating Rate Fund (Rating Downgrade)
Positive
Seeking Alpha
1 year ago
FLRN: Simple Investment-Grade Floating Rate ETF, Good 5.9% Yield
FLRN invests in floating rate investment-grade bonds, resulting in a stable share price and low volatility. The fund currently offers a 5.9% dividend yield, making it a buy for short-term or risk-averse investors. FLRN's performance track-record is reasonably good, with prospective long-term returns in the 2.5% - 4.0% range depending on Fed policy.
FLRN: Simple Investment-Grade Floating Rate ETF, Good 5.9% Yield
Positive
Seeking Alpha
1 year ago
FLRN: Floating Rate Investment Grade Bonds, 6.06% Yield
SPD Bloomberg Investment Grade Floating Rate ETF is a fixed-income ETF that holds floating rate investment grade bonds. The ETF offers a spread pick-up over treasuries with a 6.06% 30-day SEC yield. FLRN has exhibited a steady performance and a low duration, providing a total return of nearly 6% in 2023 with a modest -2.5% drawdown.
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