iShares Treasury Floating Rate Bond ETF
Price through Sep 30 · Flows through Sep 29. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.
The fund will invest at least 80% of its assets in the component securities of the underlying index and will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the underlying index. The underlying index is a market capitalization-weighted index that measures the performance of floating rate public obligations of the U.S. Treasury.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$357M OVER THIS RANGE
Money keeps arriving — +$281M of net inflows over the past month, about 4.0% of the fund's asset base, while the price has returned +0.1% so far this year. At 0.15% a year it is not the cheapest way in — GOVT has a reported fee of 0.05%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | —TREASURY FLOATING RATE NOTE | 14.40% | — | — | — | |
| 2 | —TREASURY FLOATING RATE NOTE | 14.13% | — | — | — | |
| 3 | —TREASURY FLOATING RATE NOTE | 13.59% | — | — | — | |
| 4 | —TREASURY FLOATING RATE NOTE | 13.50% | — | — | — | |
| 5 | —TREASURY FLOATING RATE NOTE | 13.24% | — | — | — | |
| 6 | —TREASURY FLOATING RATE NOTE | 12.97% | — | — | — | |
| 7 | —TREASURY FLOATING RATE NOTE | 12.88% | — | — | — | |
| 8 | —TREASURY FLOATING RATE NOTE | 5.29% | — | — | — | |
| 9 | —BLK CSH FND TREASURY SL AGENCY - Money Market | 0.01% | — | — | — |
| 1 week | -0.3% |
| 1 month | 0.0% |
| 3 months | +0.0% |
| 6 months | -0.2% |
| YTD | +0.1% |
| 1 year | +0.2% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$51M |
| 1 month | +$281M |
| 3 months | +$413M |
| YTD | +$464M |
| 1 year | +$357M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 14.4% of the book; the top ten carry 100%. Spread across 9+ names, it behaves like roughly 8 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat TFLO on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| STIP iShares 0-5 Year TIPS Bond ETF | 0.03% | $16.3B | +$489M | -12bp on fee · 2× the assets · +$489M in over the month | Head-to-head |
| SPTL State Street SPDR Portfolio Long Term Treasury ETF | 0.03% | $11B | +$160M | -12bp on fee · 2× the assets · +$160M in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $122.8B | +$2.3B | -10bp on fee · 18× the assets · +$2.3B in over the month | Head-to-head |
| SPTS State Street SPDR Portfolio Short Term Treasury ETF | 0.03% | $7.5B | +$1.4B | -12bp on fee · +$1.4B in over the month | Head-to-head |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.04% | $23.7B | +$575M | -11bp on fee · 3× the assets · +$575M in over the month | Head-to-head |