iShares Treasury Floating Rate Bond ETFiShares Treasury Floating Rate Bond ETFiShares Treasury Floating Rate Bond ETF

iShares Treasury Floating Rate Bond ETF

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Key stats

Assets under management (AUM)
‪7.29 B‬USD
Fund flows (1Y)
‪783.37 M‬USD
Dividend yield (indicated)
5.29%
Discount/Premium to NAV
0.07%

About iShares Treasury Floating Rate Bond ETF

Issuer
BlackRock, Inc.
Brand
iShares
Expense ratio
0.15%
Home page
Inception date
Feb 3, 2014
Index tracked
Markit iBoxx USD Liquid High Yield 0-5 Index
Management style
Passive
TFLO targets the floating-rate US Treasury space (or FRNs) without regard to maturities. US Treasury FRNs remain index eligible until they mature. As FRNs reset their coupon rate weekly based on the most recent 90-day T-bill auction (interest is paid quarterly), they offer an extremely low-risk place to park ones cash with minimal interest-rate sensitivity, which should appeal to those concerned about potential rising rates. Of course, that also means reinvestment risk and low returns should rates fall. The index is rebalanced on the last business day of every month.

Classification

Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Floating rate
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government99.99%
Cash0.01%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy