ETF Quote Details
|NAV (month end)||50.70|
|Premium (+)/Discount (-) (month end)||-0.02|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
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ETF Expense Ratio
|Dividend (Yield)||$0.20 (0.39%)|
This Index measures the performance of U.S. dollar-denominated, investment grade floating rate notes. Securities in the Index have a remaining maturity of greater than or equal to one month and less than five years, and have $300 million or more of outstanding face value. The Index consists of debt instruments & The Index is market capitalization weighted.
The iShares Floating Rate Bond ETF seeks investment results that correspond generally to the price and yield performance of Barclays U.S. Floating Rate Note < 5 Years Index