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home / news releases / FLRN - FLRN: Simple Investment-Grade Floating Rate ETF Good 5.9% Yield

FLRN - FLRN: Simple Investment-Grade Floating Rate ETF Good 5.9% Yield

SPDR Bloomberg Barclays Investment Grade Floating Rate

2024-06-25 05:55:16 ET

Summary

  • FLRN invests in floating rate investment-grade bonds, resulting in a stable share price and low volatility.
  • The fund currently offers a 5.9% dividend yield, making it a buy for short-term or risk-averse investors.
  • FLRN's performance track-record is reasonably good, with prospective long-term returns in the 2.5% - 4.0% range depending on Fed policy.

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For further details see:

FLRN: Simple Investment-Grade Floating Rate ETF, Good 5.9% Yield
Stock Information
Company Name: SPDR Bloomberg Barclays Investment Grade Floating Rate
Stock Symbol: FLRN
Market: NYSE
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