(FLRN) SPDR Bloomberg Investment - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US78468R2004 • Ultrashort Bond
FLRN: Floating Rate Notes, Investment Grade, U.S. Dollar-Denominated
The SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN) is designed to track the performance of U.S. dollar-denominated, investment-grade floating rate notes. The fund invests at least 80% of its assets in securities from its target index or in assets with similar economic characteristics. Floating rate notes are debt instruments with variable interest rates tied to a reference rate, such as LIBOR, making them less sensitive to interest rate changes compared to fixed-rate bonds. This structure appeals to investors seeking income with lower duration risk in rising interest rate environments.
Over the next three months, FLRN is expected to trade sideways to slightly lower, with support levels at 30.2 and 30.0. The 20-day SMA (30.60) and 50-day SMA (30.62) suggest near-term resistance, while the 200-day SMA (30.18) indicates longer-term downward pressure. With an ATR of 0.11, volatility is expected to remain low. The funds AUM of $2739.01M reflects its stability and investor confidence in its strategy.
Additional Sources for FLRN ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
FLRN ETF Overview
| Market Cap in USD | 2,739m |
| Category | Ultrashort Bond |
| TER | 0.15% |
| IPO / Inception | 2011-11-30 |
FLRN ETF Ratings
| Growth Rating | 72.7 |
| Fundamental | - |
| Dividend Rating | 73.6 |
| Rel. Strength | 4.37 |
| Analysts | - |
| Fair Price Momentum | 31.36 USD |
| Fair Price DCF | - |
FLRN Dividends
| Dividend Yield 12m | 5.09% |
| Yield on Cost 5y | 6.00% |
| Annual Growth 5y | 36.21% |
| Payout Consistency | 79.0% |
FLRN Growth Ratios
| Growth Correlation 3m | 60.4% |
| Growth Correlation 12m | 99% |
| Growth Correlation 5y | 93.2% |
| CAGR 5y | 3.57% |
| CAGR/Max DD 5y | 1.66 |
| Sharpe Ratio 12m | 2.09 |
| Alpha | 0.58 |
| Beta | 0.064 |
| Volatility | 1.89% |
| Current Volume | 927.7k |
| Average Volume 20d | 1198.8k |
As of May 06, 2025, the stock is trading at USD 30.64 with a total of 927,699 shares traded.
Over the past week, the price has changed by +0.08%, over one month by +1.06%, over three months by +0.87% and over the past year by +5.19%.
Yes. Based on ValueRay Analyses, SPDR Bloomberg Investment (NYSE ARCA:FLRN) is currently (May 2025) a good stock to buy. It has a ValueRay Growth Rating of 72.71 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FLRN as of May 2025 is 31.36. This means that FLRN is currently overvalued and has a potential downside of 2.35%.
SPDR Bloomberg Investment has no consensus analysts rating.
According to ValueRays Forecast Model, FLRN SPDR Bloomberg Investment will be worth about 33.9 in May 2026. The stock is currently trading at 30.64. This means that the stock has a potential upside of +10.54%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 33.9 | 10.5% |