FLRN
·ARCA
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Key Stats
Assets Under Management
2.67BUSD
Fund Flows (1Y)
307.77MUSD
Dividend Yield
4.87%
Discount/Premium to NAV
0.04%
Shares Outstanding
86.90M
Expense Ratio
0.15%
About State Street SPDR Bloomberg Investment Grade Floating Rate ETF
Issuer
State Street Global Advisors
Brand
SPDR
Inception Date
Nov 30, 2011
Structure
Open-Ended Fund
Index Tracked
Bloomberg U.S. Dollar Floating Rate Note < 5 Years Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
FLRN provides solid exposure to broad investment-grade floating-rate notes. FLRN holds floating-rate notes that mature in five years or less, a majority of which are based on the 3-month LIBOR, with a fixed spread. As would be expected from a portfolio of floating-rate notes, the fund has minimal exposure to interest-rate move. FLRN excludes bonds with equity-linked features, such as warrants and convertibles, as well as inflation-linked bonds and securitized bonds. The market-value-weighted index is rebalanced monthly. FLRN is subject to LIBOR risk, this benchmark rate is intended to be phased out by the end of 2021 and there remains uncertainty regarding the LIBOR and the nature of any replacement rate.
Classification
Asset Class
Fixed Income
Category
Broad Market, Broad-based
Focus
Investment Grade
Niche
Floating Rate
Strategy
Vanilla
Geography
Developed Markets
Weighting Scheme
Market Value
Selection Criteria
Market value
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.03% | 0.00% | +0.13% | -0.03% | +1.48% | +0.62% |
NAV Total Return | +0.36% | +1.18% | +4.82% | +5.04% | +18.94% | +20.11% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
EUROPEAN BK RECON + DEV SR UNSECURED 02/28 VAR
1.14%
INTL BK RECON + DEVELOP SR UNSECURED 08/27 VAR
1.07%
EUROPEAN BK RECON + DEV UNSECURED 04/26 VAR
0.99%
INTL BK RECON + DEVELOP SR UNSECURED 01/27 VAR
0.85%
SSI US GOV MONEY MARKET CLASS
0.82%
INTL FINANCE CORP SR UNSECURED 08/28 VAR
0.81%
INTL BK RECON + DEVELOP SR UNSECURED 11/28 VAR
0.78%
INTL BK RECON + DEVELOP SR UNSECURED 09/26 VAR
0.78%
INTER AMERICAN DEVEL BK SR UNSECURED 03/28 VAR
0.72%
INTL BK RECON + DEVELOP SR UNSECURED 06/27 VAR
0.69%
Top 10 Weight 8.65%
482 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-01 | 2025-12-01 | 2025-12-04 | 0.115 |
| 2025-11-03 | 2025-11-03 | 2025-11-06 | 0.123 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.124 |
| 2025-09-02 | 2025-09-02 | 2025-09-05 | 0.128 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.128 |
| 2025-07-01 | 2025-07-01 | 2025-07-07 | 0.123 |
| 2025-06-02 | 2025-06-02 | 2025-06-05 | 0.128 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
