FLRNState Street SPDR Bloomberg Investment Grade Floating Rate ETF
Seeks to provide investment results that correspond to the price and yield performance of an index tracking U.S. dollar-denominated, investment grade floating rate notes.
By State Street Investment Management · Launched 2011
Annual Cost
0.15%
#645 of 6,040 · low cost
Fund Size
$2.9B
#634 of 6,040 · large
Return (1Y)
+4.4%
Track Record
14 years
#938 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,378+3.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
Bloomberg US Dollar Floating Rate Note ? 5 Years Index
Holdings
By weightConcentration
Top 10 holdings = 9.8% of funddiversified
State Street Global Advisors
1.7%
State Street Global Advisors
1.5%
EUROPEAN BK RECON & DEV
1.1%
INTL BK RECON & DEVELOP
0.9%
INTL BK RECON & DEVELOP
0.8%
EUROPEAN BK RECON & DEV
0.8%
INTL BK RECON & DEVELOP
0.7%
INTL FINANCE CORP
0.7%
EUROPEAN BK RECON & DEV
0.7%
EUROPEAN BK RECON & DEV
0.7%
Asset allocation
Bonds
95.8%
Cash
4.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
0.7%Low
Year-on-year price swings
Max drawdown
-14.6%Mild
Worst peak-to-trough loss
Sharpe (3Y)
1.14Strong risk-adjusted returns
Sortino (3Y)
1.48Good downside protection
Bond profile
Duration
4.3 years
Avg maturity
10.0 years
Credit ratings
US Government
24.4%
AAA
23.4%
AA
25.8%
A
44.8%
BBB
6.0%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide investment results that correspond to the price and yield performance of an index tracking U.S. dollar-denominated, investment grade floating rate notes.
- Strategy
- Employs a sampling strategy to track the Bloomberg U.S. Dollar Floating Rate Note < 5 Years Index, investing primarily in U.S. dollar-denominated, investment grade floating rate notes with maturities of one month to five years. The Fund may also invest in cash equivalents and securities with similar economic characteristics.
- Inception date
- November 30, 2011
- Fund family
- State Street Investment Management
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save FLRN to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18