FLRN ETF Analysis: Bloomberg Investment Grade | NYSE
Ultrashort Bond | NYSE, USA | Market Cap: 3.147m USD | 12M Return: 4.4% | US78468R2004 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 37.3M
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 a passively managed fund that invests at least 80% of its total assets in securities that make up its underlying index, as well as securities with substantially identical economic characteristics. The index tracks the performance of U.S. dollar-denominated, investment grade floating rate notes, meaning the fund focuses on debt instruments with credit ratings of BBB-/Baa3 or higher whose coupon payments periodically adjust to reflect changes in a reference interest rate.
As an ultrashort bond ETF, FLRN is designed to offer investors short-duration exposure to corporate and government floating-rate debt, typically resulting in lower interest rate sensitivity compared to longer-duration fixed income products. Floating rate notes pass interest rate risk to investors through periodic coupon resets, which can help mitigate mark-to-market losses in rising rate environments.
- Fed rate cuts compress floating rate coupon resets
- Investment grade credit spreads widen on recession fears
- AUM outflows accelerate amid ultrashort bond ETF competition
As of September 27, 2026, the stock is trading at USD 30.83 with a total of 946,734 shares traded. Over the past week, the price has changed by +0.03%, over one month by +0.42%, over three months by +1.05% and over the past year by +4.42%.
Current recommended Stop Loss: 30.70 (which is 0.4% or 6.5 ATR below the current price).
Bloomberg Investment Grade has no consensus analysts rating.