iShares Floating Rate Bond ETF (BRLN)
BATS BATS Primary Summary
BRLN Chart
iShares Floating Rate Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 8,911 | $467,231.07 | $452,144.14 | -$15,086.93 | -3.23% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 618 | $32,454 | $31,326.42 | -$1,127.58 | -3.47% |
 Christopher C. Powers Farther Finance Advisors, LLC | 3,000 | $154,577 | $151,950 | -$2,627 | -1.7% |
 Joseph C. Gissy Tactive Advisors, LLC | 6,296 | $326,675.99 | $319,710.88 | -$6,965.11 | -2.13% |
 Dane Grouell Turning Point Benefit Group, Inc. | 28,205 | $1.45M | $1.43M | -$17,137.9 | -1.18% |
iShares Floating Rate Bond ETF (BRLN) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares Floating Rate Bond ETF ever had a stock split?
iShares Floating Rate Bond ETF Profile
| BATS Exchange | US Country |
Overview
The company operates a financial fund focused on investments in floating rate loans and their economic equivalents. This approach is designed to secure a floating rate of income, adapting to changes in interest rates to potentially offer better returns relative to fixed-rate investments. The fund is characterized by a strong emphasis on floating rate loans, dedicating at least 80% of its assets to such financial instruments. Although it maintains a non-diversified status, the fund seeks to leverage the unique benefits and income opportunities presented by the floating rate debt market.
Products and Services
- Floating Rate Loans
These are the primary investments of the fund, comprising at least 80% of its asset allocation. Floating rate loans are debt instruments with interest rates that adjust periodically based on market conditions. This feature enables the fund to potentially benefit from rising interest rates, as the income generated from these loans may increase over time.
- Economic Equivalents of Floating Rate Loans
In addition to direct investment in floating rate loans, the fund also invests in financial instruments and vehicles that offer economic characteristics similar to those of floating rate loans. These investments allow the fund to broaden its income capabilities while adhering to its strategy of focusing on floating interest mechanisms.
- Other Floating Rate Debt Instruments
The fund may also allocate a portion of its assets to other types of floating rate debt instruments beyond traditional loans. These can include, but are not limited to, bonds and notes that feature variable interest rates. This diversification within the realm of floating rate instruments enables the fund to capture a wider array of income opportunities in the debt market.
