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SPDR® Bloomberg Investment Grade Floating Rate ETF

SPDR® Bloomberg Investment Grade Floating Rate ETF

FLRN

NYSE ARCA
$30.750.02% (-0.00)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

Ultrashort Bond

Corporate Bond ETF

Invests in ultrashort bond segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

0.15%
AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$2.93B
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

0
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

0.35%
YTM
YTM

Total rate of return expected to be earned by the underlying debt when it makes all interest payments and repays the original principal

4.21%
YTM Category
YTM Category

Total rate of return expected to be earned by the underlying debt of the same category when it makes all interest payments and repays the original principal

4.36

ETF Profile

Peers

Peers

Exp. Ratio
0.0699%
0.0699%
YTM
3.71%
3.71%
1Y Return
0.74%
0.74%
Exp. Ratio
0.136%
0.136%
YTM
3.72%
3.72%
1Y Return
0.61%
0.61%
Exp. Ratio
0.18%
0.18%
YTM
1Y Return
0.31%
0.31%
Exp. Ratio
0.15%
0.15%
YTM
3.81%
3.81%
1Y Return
0.63%
0.63%
Exp. Ratio
0.15%
0.15%
YTM
4.45%
4.45%
1Y Return
0.58%
0.58%

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFUltrashort Bond
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
SPDR® Bloomberg Investment Grade Floating Rate ETF $2.93B0.15%0.83%
iShares 0-3 Month Treasury Bond ETF$107.51B0.0699%0.74%
SPDR® Bloomberg 1-3 Month T-Bill ETF$46.93B0.136%0.61%

Price Comparison

Price Comparison

1 Month

1 Year

5 Years

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Top Holdings

Top Holdings

  • Name
    Holdings
  • Asian Development Bank 0.13%
    Holdings1.39 %
    Asian Development Bank 0.13%

    Holdings

    1.39 %

  • Asian Development Bank 1.05%
    Holdings1.34 %
    Asian Development Bank 1.05%

    Holdings

    1.34 %

  • Morgan Stanley 0.75%
    Holdings1.09 %
    Morgan Stanley 0.75%

    Holdings

    1.09 %

  • Goldman Sachs Group, Inc. 3.70771%
    Holdings0.99 %
    Goldman Sachs Group, Inc. 3.70771%

    Holdings

    0.99 %

  • International Bank for Reconstruction and Development 2.0841%
    Holdings0.94 %
    International Bank for Reconstruction and Development 2.0841%

    Holdings

    0.94 %

  • Inter-American Development Bank 0.13%
    Holdings0.91 %
    Inter-American Development Bank 0.13%

    Holdings

    0.91 %

  • International Bank for Reconstruction and Development 0.18%
    Holdings0.91 %
    International Bank for Reconstruction and Development 0.18%

    Holdings

    0.91 %

  • Inter-American Development Bank 2.4833%
    Holdings0.88 %
    Inter-American Development Bank 2.4833%

    Holdings

    0.88 %

  • Nederlandse Waterschapsbank N.V. 0.19%
    Holdings0.86 %
    Nederlandse Waterschapsbank N.V. 0.19%

    Holdings

    0.86 %

  • Commonwealth Bank of Australia 2.3765%
    Holdings0.85 %
    Commonwealth Bank of Australia 2.3765%

    Holdings

    0.85 %

Frequently asked questions

Frequently asked questions

  1. SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) is currently trading at $30.75. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) is 0.15%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN)’s top holdings currently include Asian Development Bank 0.13%, Asian Development Bank 1.05%, and Morgan Stanley 0.75%. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN)’s current assets under management (AUM) are $2.93B. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. You can compare SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) with iShares 0-3 Month Treasury Bond ETF (SGOV), SPDR® Bloomberg 1-3 Month T-Bill ETF (BIL), and JPMorgan Ultra-Short Income ETF (JPST) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  11. SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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