SPDR Bloomberg Investment Grade Floating Rate ETF
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.2%
1 yr return
6.3%
3 Yr Avg Return
4.6%
5 Yr Avg Return
3.0%
Net Assets
$2.35 B
Holdings in Top 10
11.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FLRN - Profile
Distributions
- YTD Total Return 6.2%
- 3 Yr Annualized Total Return 4.6%
- 5 Yr Annualized Total Return 3.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.52%
- Dividend Yield 4.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSPDR Bloomberg Investment Grade Floating Rate ETF
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateNov 30, 2011
-
Shares Outstanding110500000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher DiStefano
Fund Description
FLRN - Performance
Return Ranking - Trailing
Period | FLRN Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.2% | -1.2% | 8.5% | 18.40% |
1 Yr | 6.3% | -1.1% | 8.5% | 18.87% |
3 Yr | 4.6%* | -1.4% | 5.5% | 6.34% |
5 Yr | 3.0%* | -1.1% | 4.4% | 11.58% |
10 Yr | 2.4%* | -4.1% | 27.9% | 14.88% |
* Annualized
Return Ranking - Calendar
Period | FLRN Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.7% | -2.3% | 4.3% | 72.17% |
2022 | -0.7% | -6.5% | 0.5% | 16.59% |
2021 | 0.0% | -2.1% | 0.3% | 10.55% |
2020 | -0.5% | -3.1% | 1.8% | 87.96% |
2019 | 1.2% | -1.2% | 6.1% | 12.15% |
Total Return Ranking - Trailing
Period | FLRN Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.2% | -1.2% | 8.5% | 18.40% |
1 Yr | 6.3% | -1.1% | 8.5% | 18.87% |
3 Yr | 4.6%* | -1.4% | 5.5% | 6.34% |
5 Yr | 3.0%* | -1.1% | 4.4% | 11.58% |
10 Yr | 2.4%* | -4.1% | 27.9% | 14.88% |
* Annualized
Total Return Ranking - Calendar
Period | FLRN Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.5% | 0.8% | 12.1% | 17.45% |
2022 | 1.3% | -5.1% | 2.5% | 5.85% |
2021 | 0.4% | -2.1% | 14.5% | 22.61% |
2020 | 0.8% | -1.0% | 3.6% | 86.91% |
2019 | 4.0% | 0.3% | 9.6% | 10.50% |
FLRN - Holdings
Concentration Analysis
FLRN | Category Low | Category High | FLRN % Rank | |
---|---|---|---|---|
Net Assets | 2.35 B | 26.6 K | 28.6 B | 32.08% |
Number of Holdings | 366 | 2 | 1258 | 40.57% |
Net Assets in Top 10 | 272 M | 27.7 K | 22.7 B | 40.57% |
Weighting of Top 10 | 11.59% | 6.3% | 159.6% | 87.74% |
Top 10 Holdings
- International Bank for Reconstruction Development 1.62%
- International Bank for Reconstruction Development 1.58%
- European Bank for Reconstruction Development 1.37%
- International Bank for Reconstruction Development 1.34%
- State Street Navigator Securities Lending Portfolio II 1.10%
- International Bank for Reconstruction Development 0.97%
- International Bank for Reconstruction Development 0.94%
- Inter-American Development Bank 0.94%
- Kommunalbanken AS 0.89%
- Inter-American Development Bank 0.85%
Asset Allocation
Weighting | Return Low | Return High | FLRN % Rank | |
---|---|---|---|---|
Bonds | 98.67% | 0.00% | 129.63% | 13.68% |
Convertible Bonds | 12.47% | 0.00% | 15.25% | 3.79% |
Cash | 1.63% | 0.00% | 112.72% | 77.36% |
Stocks | 0.00% | 0.00% | 97.16% | 94.34% |
Preferred Stocks | 0.00% | 0.00% | 1.02% | 93.87% |
Other | 0.00% | -13.48% | 99.96% | 91.98% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FLRN % Rank | |
---|---|---|---|---|
Corporate | 78.49% | 0.00% | 99.91% | 4.27% |
Government | 14.82% | 0.00% | 100.00% | 20.38% |
Cash & Equivalents | 1.63% | 0.00% | 112.72% | 72.64% |
Derivative | 0.00% | -13.48% | 16.56% | 75.47% |
Securitized | 0.00% | 0.00% | 100.00% | 99.05% |
Municipal | 0.00% | 0.00% | 70.39% | 98.10% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FLRN % Rank | |
---|---|---|---|---|
US | 98.67% | 0.00% | 129.63% | 9.43% |
Non US | 0.00% | 0.00% | 20.18% | 95.75% |
FLRN - Expenses
Operational Fees
FLRN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.15% | 0.08% | 29.63% | 96.65% |
Management Fee | 0.15% | 0.00% | 1.19% | 12.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
FLRN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
FLRN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FLRN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 0.00% | 336.00% | 18.54% |
FLRN - Distributions
Dividend Yield Analysis
FLRN | Category Low | Category High | FLRN % Rank | |
---|---|---|---|---|
Dividend Yield | 4.35% | 0.00% | 8.76% | 8.02% |
Dividend Distribution Analysis
FLRN | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FLRN | Category Low | Category High | FLRN % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.52% | -1.30% | 14.86% | 46.57% |
Capital Gain Distribution Analysis
FLRN | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2024 | $0.111 | OrdinaryDividend |
Dec 02, 2024 | $0.133 | OrdinaryDividend |
Nov 01, 2024 | $0.143 | OrdinaryDividend |
Oct 01, 2024 | $0.145 | OrdinaryDividend |
Sep 03, 2024 | $0.155 | OrdinaryDividend |
Aug 01, 2024 | $0.155 | OrdinaryDividend |
Jul 01, 2024 | $0.148 | OrdinaryDividend |
Jun 03, 2024 | $0.155 | OrdinaryDividend |
May 01, 2024 | $0.148 | OrdinaryDividend |
Apr 01, 2024 | $0.153 | OrdinaryDividend |
Mar 01, 2024 | $0.143 | OrdinaryDividend |
Feb 01, 2024 | $0.153 | OrdinaryDividend |
Dec 18, 2023 | $0.157 | OrdinaryDividend |
Dec 01, 2023 | $0.150 | OrdinaryDividend |
Nov 01, 2023 | $0.154 | OrdinaryDividend |
Oct 02, 2023 | $0.148 | OrdinaryDividend |
Sep 01, 2023 | $0.153 | OrdinaryDividend |
Aug 01, 2023 | $0.147 | OrdinaryDividend |
Jul 03, 2023 | $0.140 | OrdinaryDividend |
Jun 01, 2023 | $0.144 | OrdinaryDividend |
May 01, 2023 | $0.135 | OrdinaryDividend |
Apr 03, 2023 | $0.133 | OrdinaryDividend |
Mar 01, 2023 | $0.120 | OrdinaryDividend |
Feb 01, 2023 | $0.156 | OrdinaryDividend |
Dec 19, 2022 | $0.089 | OrdinaryDividend |
Dec 01, 2022 | $0.105 | OrdinaryDividend |
Nov 01, 2022 | $0.090 | OrdinaryDividend |
Oct 03, 2022 | $0.075 | OrdinaryDividend |
Sep 01, 2022 | $0.075 | OrdinaryDividend |
Aug 01, 2022 | $0.061 | OrdinaryDividend |
Jul 01, 2022 | $0.026 | OrdinaryDividend |
Jun 01, 2022 | $0.023 | OrdinaryDividend |
May 02, 2022 | $0.020 | OrdinaryDividend |
Apr 01, 2022 | $0.011 | OrdinaryDividend |
Mar 01, 2022 | $0.009 | OrdinaryDividend |
Feb 01, 2022 | $0.009 | OrdinaryDividend |
Dec 17, 2021 | $0.010 | OrdinaryDividend |
Dec 01, 2021 | $0.008 | OrdinaryDividend |
Nov 01, 2021 | $0.009 | OrdinaryDividend |
Oct 01, 2021 | $0.009 | OrdinaryDividend |
Sep 01, 2021 | $0.008 | OrdinaryDividend |
Aug 02, 2021 | $0.009 | OrdinaryDividend |
Jul 01, 2021 | $0.010 | OrdinaryDividend |
Jun 01, 2021 | $0.011 | OrdinaryDividend |
May 03, 2021 | $0.011 | OrdinaryDividend |
Apr 01, 2021 | $0.012 | OrdinaryDividend |
Mar 01, 2021 | $0.011 | OrdinaryDividend |
Feb 01, 2021 | $0.013 | OrdinaryDividend |
Dec 18, 2020 | $0.014 | OrdinaryDividend |
Dec 01, 2020 | $0.014 | OrdinaryDividend |
Nov 02, 2020 | $0.015 | OrdinaryDividend |
Oct 01, 2020 | $0.015 | OrdinaryDividend |
Sep 01, 2020 | $0.018 | OrdinaryDividend |
Aug 03, 2020 | $0.023 | OrdinaryDividend |
Jul 01, 2020 | $0.028 | OrdinaryDividend |
Jun 01, 2020 | $0.037 | OrdinaryDividend |
May 01, 2020 | $0.045 | OrdinaryDividend |
Apr 01, 2020 | $0.052 | OrdinaryDividend |
Mar 02, 2020 | $0.053 | OrdinaryDividend |
Feb 03, 2020 | $0.058 | OrdinaryDividend |
Dec 20, 2019 | $0.060 | OrdinaryDividend |
Dec 02, 2019 | $0.060 | OrdinaryDividend |
Nov 01, 2019 | $0.065 | OrdinaryDividend |
Oct 01, 2019 | $0.065 | OrdinaryDividend |
Sep 03, 2019 | $0.070 | OrdinaryDividend |
Aug 01, 2019 | $0.073 | OrdinaryDividend |
Jul 01, 2019 | $0.073 | OrdinaryDividend |
Jun 03, 2019 | $0.076 | OrdinaryDividend |
May 01, 2019 | $0.076 | OrdinaryDividend |
Apr 01, 2019 | $0.080 | OrdinaryDividend |
Mar 01, 2019 | $0.073 | OrdinaryDividend |
Feb 01, 2019 | $0.078 | OrdinaryDividend |
Dec 19, 2018 | $0.077 | OrdinaryDividend |
Dec 03, 2018 | $0.066 | OrdinaryDividend |
Nov 01, 2018 | $0.069 | OrdinaryDividend |
Oct 01, 2018 | $0.066 | OrdinaryDividend |
Sep 04, 2018 | $0.069 | OrdinaryDividend |
Aug 01, 2018 | $0.069 | OrdinaryDividend |
Jul 02, 2018 | $0.066 | OrdinaryDividend |
Jun 01, 2018 | $0.062 | OrdinaryDividend |
May 01, 2018 | $0.054 | OrdinaryDividend |
Apr 02, 2018 | $0.047 | OrdinaryDividend |
Mar 01, 2018 | $0.041 | OrdinaryDividend |
Feb 01, 2018 | $0.040 | OrdinaryDividend |
Dec 19, 2017 | $0.072 | OrdinaryDividend |
Dec 01, 2017 | $0.043 | OrdinaryDividend |
Nov 01, 2017 | $0.044 | OrdinaryDividend |
Oct 02, 2017 | $0.043 | OrdinaryDividend |
Sep 01, 2017 | $0.042 | OrdinaryDividend |
Aug 01, 2017 | $0.041 | OrdinaryDividend |
Jul 03, 2017 | $0.039 | OrdinaryDividend |
Jun 01, 2017 | $0.038 | OrdinaryDividend |
May 01, 2017 | $0.036 | OrdinaryDividend |
Apr 03, 2017 | $0.037 | OrdinaryDividend |
Mar 01, 2017 | $0.033 | OrdinaryDividend |
Feb 01, 2017 | $0.033 | OrdinaryDividend |
Dec 28, 2016 | $0.034 | OrdinaryDividend |
Dec 01, 2016 | $0.031 | OrdinaryDividend |
Nov 01, 2016 | $0.031 | OrdinaryDividend |
Oct 03, 2016 | $0.029 | OrdinaryDividend |
Sep 01, 2016 | $0.028 | OrdinaryDividend |
Aug 01, 2016 | $0.027 | OrdinaryDividend |
Jul 01, 2016 | $0.026 | OrdinaryDividend |
Jun 01, 2016 | $0.026 | OrdinaryDividend |
May 02, 2016 | $0.024 | OrdinaryDividend |
Apr 01, 2016 | $0.026 | OrdinaryDividend |
Mar 01, 2016 | $0.022 | OrdinaryDividend |
Feb 01, 2016 | $0.021 | OrdinaryDividend |
Dec 29, 2015 | $0.019 | OrdinaryDividend |
Dec 01, 2015 | $0.017 | OrdinaryDividend |
Nov 02, 2015 | $0.017 | OrdinaryDividend |
Oct 01, 2015 | $0.017 | OrdinaryDividend |
Sep 01, 2015 | $0.017 | OrdinaryDividend |
Aug 03, 2015 | $0.016 | OrdinaryDividend |
Jul 01, 2015 | $0.016 | OrdinaryDividend |
Jun 01, 2015 | $0.016 | OrdinaryDividend |
May 01, 2015 | $0.015 | OrdinaryDividend |
Apr 01, 2015 | $0.015 | OrdinaryDividend |
Mar 02, 2015 | $0.014 | OrdinaryDividend |
Feb 02, 2015 | $0.013 | OrdinaryDividend |
Dec 29, 2014 | $0.015 | OrdinaryDividend |
Dec 01, 2014 | $0.014 | OrdinaryDividend |
Nov 03, 2014 | $0.014 | OrdinaryDividend |
Oct 01, 2014 | $0.014 | OrdinaryDividend |
Sep 02, 2014 | $0.014 | OrdinaryDividend |
Aug 01, 2014 | $0.014 | OrdinaryDividend |
Jul 01, 2014 | $0.013 | OrdinaryDividend |
Jun 02, 2014 | $0.014 | OrdinaryDividend |
May 01, 2014 | $0.013 | OrdinaryDividend |
Apr 01, 2014 | $0.013 | OrdinaryDividend |
Mar 03, 2014 | $0.012 | OrdinaryDividend |
Feb 03, 2014 | $0.013 | OrdinaryDividend |
Dec 27, 2013 | $0.000 | CapitalGainShortTerm |
Dec 27, 2013 | $0.000 | CapitalGainLongTerm |
Dec 27, 2013 | $0.013 | OrdinaryDividend |
Dec 02, 2013 | $0.013 | OrdinaryDividend |
Nov 01, 2013 | $0.013 | OrdinaryDividend |
Oct 01, 2013 | $0.011 | OrdinaryDividend |
Sep 03, 2013 | $0.013 | OrdinaryDividend |
Aug 01, 2013 | $0.016 | OrdinaryDividend |
Jul 01, 2013 | $0.019 | OrdinaryDividend |
Jun 03, 2013 | $0.022 | OrdinaryDividend |
May 01, 2013 | $0.022 | OrdinaryDividend |
Apr 01, 2013 | $0.024 | OrdinaryDividend |
Mar 01, 2013 | $0.025 | OrdinaryDividend |
Feb 01, 2013 | $0.030 | OrdinaryDividend |
Dec 27, 2012 | $0.031 | OrdinaryDividend |
Dec 03, 2012 | $0.034 | OrdinaryDividend |
Nov 01, 2012 | $0.036 | OrdinaryDividend |
Oct 01, 2012 | $0.039 | OrdinaryDividend |
Sep 04, 2012 | $0.044 | OrdinaryDividend |
Aug 01, 2012 | $0.044 | OrdinaryDividend |
Jul 02, 2012 | $0.042 | OrdinaryDividend |
Jun 01, 2012 | $0.043 | OrdinaryDividend |
May 01, 2012 | $0.041 | OrdinaryDividend |
Apr 02, 2012 | $0.044 | OrdinaryDividend |
Mar 01, 2012 | $0.045 | OrdinaryDividend |
Feb 01, 2012 | $0.046 | OrdinaryDividend |
Dec 28, 2011 | $0.039 | OrdinaryDividend |
FLRN - Fund Manager Analysis
Managers
Christopher DiStefano
Start Date
Tenure
Tenure Rank
Oct 31, 2013
8.59
8.6%
Christopher DiStefano is a Vice President of SSGA and a Portfolio Manager in the Fixed Income Beta Solutions Group within the Fixed Income, Cash and Currency Team. He joined the firm in 2010 and is responsible for managing several funds and ETFs within the investment-grade credit, government/credit, and short duration sectors. Prior to his current role, Mr. DiStefano was a member of the Global Graduate Rotational Program at SSGA, a two year cross-functional program engineered to provide candidates with a diverse skill set and a broad perspective. Previously, Mr. DiStefano worked as an engineer within the real estate development and transportation industries. Mr. DiStefano holds a Master of Business Administration from the Carroll School of Management at Boston College, and a Master of Science and Bachelor of Science in Civil Engineering from the University of Illinois and Union College, respectively.
Kyle Kelly
Start Date
Tenure
Tenure Rank
Oct 31, 2014
7.59
7.6%
Kyle Kelly, CFA, FRM, is a Vice President of SSGA and a Portfolio Manager in the Fixed Income Beta Solutions Group where he manages high yield and investment grade credit ETFs and separate accounts since 2012. Prior to joining the portfolio management team, he worked as an investment risk management analyst focused on SSGA's fixed income and multi-asset-class products. Mr. Kelly graduated from Boston College with a Bachelor of Arts in Communication and Economics. He earned the Chartered Financial Analyst (CFA) designation and the Financial Risk Manager (FRM) designation. He is a member of the CFA Institute, CFA Society Boston, Inc., and the Global Association of Risk Professionals. He began his investment career in 2007 and has a BA from Boston College.
Frank Miethe
Start Date
Tenure
Tenure Rank
Jan 29, 2018
4.34
4.3%
Frank Miethe, CFA, is a Vice President of SSGA and a Portfolio Manager on the Passive Fixed Income Team. Mr. Miethe joined SSGA in 2010 and has been part of the Portfolio Management team since 2013. He is currently responsible for managing several funds and ETFs within the Investment Grade Credit and Government/Credit sectors. Prior to his role at SSGA, Mr. Miethe worked at State Street Corporation as a Fund Accountant and a Client Operations Associate. He received his Bachelor's Degree from Western New England University and an MBA from Suffolk University. He has earned the Chartered Financial Analyst designation and is a member of the CFA Institute and Boston Security Analysts Society.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.52 | 7.92 |