SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) Stock
Publicly traded company. Here's the price, business snapshot, and what's worth knowing about SPDR Bloomberg Investment Grade Floating Rate ETF in September 2026.
The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) is an exchange-traded fund designed to provide exposure to investment-grade floating-rate bonds. With a category of Ultrashort Bond, this fund offers a strategic option for investors looking to balance yield with relative capital preservation in a potentially volatile interest rate environment. The fund's expenses are notably low at 0.15%, making it cost-effective for long-term holding. As of the latest data, it holds 545 securities with net assets of USD 3.13 billion. It currently provides a dividend yield of 4.32%. While FLRN aims to reduce interest rate risk through floating rates, investors should remain aware that bond prices can fluctuate with market conditions and credit risks are always present. This educational summary highlights its structure and key features without implying suitability for all investors.
About This Stock
STATE STREET SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETF
FLRN
Current Price
$30.81
Potential 12 Month Profit
N/A
Sector
N/A
Industry
N/A
Ticker
FLRN
Market Cap
N/A
Potential 12 Month Profit
N/A
Sector
N/A
Industry
N/A
Sixth Month Growth Performance
Stock Performance Snapshot
Dividend
STATE STREET SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETF does not pay a dividend. If you invested $1000 you would be paid $0 a year in dividends.
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Why You’ll Want to Watch This Stock
Interest Rate Adaptability
The floating-rate structure allows coupon payments to adjust with market rates, potentially reducing duration risk compared to fixed-income assets. However, performance can vary depending on rate direction.
Low Cost Efficiency
With an expense ratio of just 0.15%, the fund preserves more of your potential returns by keeping management fees minimal. This is beneficial for cost-conscious investors, though fees are only one aspect.
Diversified Holdings
Holding 545 different securities helps spread credit risk across various issuers. This diversification aims to smooth out individual defaults, but systemic market events can still affect the entire bond sector.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.