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FLRNState Street SPDR Bloomberg Investment Grade Floating Rate ETF

Get income14y track recordRanked #80 of 1,622 in this goal

Seeks to provide investment results that correspond generally to the price and yield performance of an index that tracks U.S. dollar-denominated floating rate notes.

By State Street Investment Management · Launched 2011

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$2.9B

#589 of 5,562 · large

Dividend YieldGoal

4.57%

Track Record

14 years

#944 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,439+4.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Index tracking

Index tracked

Bloomberg US Dollar Floating Rate Note ? 5 Years Index

What it actually holds

By weight

Concentration

Top 10 holdings = 9.8% of fundwell diversified

State Street Global Advisors
1.6%
EUROPEAN BK RECON & DEV
1.1%
State Street Global Advisors
1.1%
INTL BK RECON & DEVELOP
1.1%
EUROPEAN BK RECON & DEV
1.0%
INTL BK RECON & DEVELOP
0.8%
INTL FINANCE CORP
0.8%
INTL BK RECON & DEVELOP
0.8%
INTL BK RECON & DEVELOP
0.8%
INTER-AMERICAN DEVEL BK
0.7%

Asset allocation

Bonds
95.7%
Cash
4.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
0.7%Low

Year-on-year price swings

Max drawdown
-14.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.53Strong risk-adjusted returns
Sortino (3Y)
2.02Good downside protection

Bond profile

Duration

4.3 years

Avg maturity

10.0 years

Credit ratings

US Government
23.9%
AAA
24.6%
AA
24.1%
A
46.2%
BBB
5.1%

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide investment results that correspond generally to the price and yield performance of an index that tracks U.S. dollar-denominated floating rate notes.
Strategy
Employs a sampling strategy to track the Bloomberg U.S. Dollar Floating Rate Note ? 5 Years Index, investing at least 80% of assets in securities comprising the Index. The Fund may invest in a subset of securities or substantially all, based on the Adviser's analysis. It may also invest in cash equivalents for management purposes.
Inception date
November 30, 2011
Fund family
State Street Investment Management

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Data updated on 2026-06-19