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iShares Floating Rate Bond ETF declares monthly distribution of $0.1638
Seeking Alpha News (Mon, 2-Mar 1:31 PM ET)
The iShares Floating Rate Note Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Bloomberg US Floating Rate Note < 5 Years Index.
iShares Floating Rate Bond ETF trades on the BATS stock market under the symbol FLOT.
As of March 3, 2026, FLOT stock price declined to $50.79 with 2,500,579 million shares trading.
FLOT has a beta of 0.07, meaning it tends to be less sensitive to market movements. FLOT has a correlation of 0.43 to the broad based SPY ETF.
FLOT has a market cap of $9.19 billion. This is considered a Mid Cap stock.
In the last 3 years, FLOT traded as high as $51.34 and as low as $49.10.
FLOT has underperformed the market in the last year with a return of +4.9%, while SPY returned +15.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FLOT shares. However, FLOT has outperformed the market in the last 3 month and 2 week periods, returning +0.9% and 0.0%, while SPY returned +0.2% and -0.2%, respectively. This indicates FLOT has been having a stronger performance recently.
FLOT support price is $50.83 and resistance is $50.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLOT shares will trade within this expected range on the day.
