(FLRN) Bloomberg Investment Grade - Overview
Etf: Investment Grade, Floating Rate, Notes, U.S. Dollar, Short Term
Dividends
| Dividend Yield | 4.90% |
| Yield on Cost 5y | 5.33% |
| Yield CAGR 5y | 88.12% |
| Payout Consistency | 84.4% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 0.74% |
| Relative Tail Risk | 3.17% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.44 |
| Alpha | 0.24 |
| Character TTM | |
|---|---|
| Beta | 0.057 |
| Beta Downside | 0.098 |
| Drawdowns 3y | |
|---|---|
| Max DD | 2.16% |
| CAGR/Max DD | 2.70 |
Description: FLRN Bloomberg Investment Grade January 11, 2026
The SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) commits at least 80% of its assets to securities that either belong to its benchmark index or closely mimic the index’s economic characteristics, focusing on U.S. dollar-denominated, investment-grade floating-rate notes.
Key metrics (as of the latest filing) include an average weighted-coupon of roughly 4.2%, a portfolio duration of about 0.2 years, and a current 30-day SEC yield near 3.1%. The fund’s performance is tightly linked to short-term interest-rate movements, making Federal Reserve policy and the spread between LIBOR (or SOFR) and Treasury rates the primary macro drivers. Additionally, the supply of new floating-rate issuances from the corporate sector-particularly in industrials and consumer discretionary-affects both liquidity and pricing dynamics.
For a deeper, data-driven view of FLRN’s risk-return profile and how it fits within a broader floating-rate strategy, consider exploring the analytics on ValueRay.
What is the price of FLRN shares?
Over the past week, the price has changed by +0.12%, over one month by +0.45%, over three months by +1.24% and over the past year by +4.97%.
Is FLRN a buy, sell or hold?
What are the forecasts/targets for the FLRN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 35 | 13.7% |
FLRN Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 2.76b USD (2.76b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 2.76b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 2.76b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.13% (E(2.76b)/V(2.76b) * Re(6.13%) + (debt-free company))
Discount Rate = 6.13% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)