A floating rate ETF is a type of exchange-traded fund that invests in bonds and other debt instruments with adjustable interest rates. Unlike a fixed-rate ETF, the interest rate on a floating rate ETF will change as market conditions change. There are several reasons why investors might want to consider using a floating rate ETF. […]
What Happened To Flot Etf
What Happened To Flot Etf? The Floating Rate note exchange traded fund, Flot, was launched in June of 2009. The ETF was designed to offer investors exposure to a portfolio of investment-grade, fixed-to-floating rate debt instruments. The fund was managed by PIMCO. The fund performed well in its first few years, but in early 2016, […]
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