FLOT: Floating Rate ETF Checks Many Boxes, But Rated Hold For Now (BATS:FLOT)

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By Rob Isbitts

Strategy

iShares Floating Rate Bond ETF (BATS:FLOT) is a short-term bond fund. It is invests in bonds rated “investment grade” which means those rated BBB or higher. This ETF aims to track the Bloomberg U.S. Floating Rate Note < 5 Years

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