FLRN ETF Analysis: Bloomberg Investment Grade | NYSE
Ultrashort Bond | NYSE, USA | Market Cap: 3.078m USD | 12M Return: 4.3% | US78468R2004 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 36.2M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) is an ultrashort bond ETF that seeks to track the performance of U.S. dollar-denominated, investment grade floating rate notes. Under normal circumstances, the fund invests at least 80% of its total assets in securities that make up the underlying index, as well as in securities deemed by the Adviser to have substantially identical economic characteristics. As an ultrashort bond fund, FLRN primarily targets short-duration debt instruments, while its focus on investment grade floating rate notes means it holds debt securities with variable interest rates that periodically reset to a benchmark, generally resulting in lower interest rate sensitivity compared to fixed-rate bonds of similar maturity.
- Fed rate hikes boost floating rate note yields and NAV
- Investment grade credit spreads tighten as risk appetite returns
- Money market funds compete for ultrashort bond investor dollars
As of October 03, 2026, the stock is trading at USD 30.74 with a total of 875,114 shares traded. Over the past week, the price has changed by +0.05%, over one month by +0.31%, over three months by +0.99% and over the past year by +4.33%.
Current recommended Stop Loss: 30.60 (which is 0.5% or 4.7 ATR below the current price).
Bloomberg Investment Grade has no consensus analysts rating.