High-Yield Floating-Rate ETFs

High-Yield Floating-Rate ETFs - TheStreet

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Floating rate bonds are a unique debt instrument that use two components to arrive at a final yield: a variable component (tied to a reference rate), and a spread. The combination of these two components is the total yield, which will fluctuate (or float) over time.

Investors that are looking to minimize interest rate risk might find a floating rate bond -- or floating rate bond ETF -- attractive. Here are several floating-rate bond ETF options (that vary in yield): iShares Floating Rate ETF, Market Vectors Floating Rate ETF and Eaton Vance Senior Floating Rate Trust.

Look to the press releases and stories below for announcements of new, high-yield floating-rate ETFs:

Floating Rate ETF News

High-yield bonds, commonly known as junk bonds, may face near-term volatility as investors may seek to sell them as the market heads into a rising interest rate environment.
3/21/17 9:36AM
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Bloomberg Barclays Investment Grade Floating Rate ETF where we have detected an approximate $79.7 million dollar inflow -- that's a 9.0% increase week over week in outstanding units (from 28,800,000 to 31,400,000). START SLIDESHOW:Click here to find out which 9 other ETFs had notable inflows » The chart below shows the one year price performance of FLRN, versus its 200 day moving average: Looking at the chart above, FLRN's low point in its 52 week range is $30.31 per share, with $31.03 as the 52 week high point — that compares with a last trade of $30.64.
3/17/17 10:53AM
Looking at the universe of stocks we cover at Dividend Channel, on 3/20/17, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 4/3/17. As a percentage of PFLT's recent stock price of $13.83, this dividend works out to approximately 0.69%, so look for shares of Pennantpark Floating Rate Capital to trade 0.69% lower — all else being equal — when PFLT shares open for trading on 3/20/17.
3/16/17 10:00AM
Why long leveraged floating-rate loans are beating junk bonds.
3/14/17 2:22PM
Stocks are lower on Thursday afternoon as a sharp decline in crude oil prices weighs on the energy sector.
3/9/17 2:46PM
On 3/10/17, Edison International's 5.45% Fixed-to-Floating Rate Trust Preference Securities will trade ex-dividend, for its quarterly dividend of $0.3406, payable on 3/15/17. As a percentage of SCE.
3/8/17 4:21PM
Look for big discounts to NAV in closed-end muni bonds.
3/5/17 1:00PM
The Fed has put a March rate hike squarely on the table, but the question is whether it ultimately matters.
3/1/17 1:00PM
VanEck announced today its regular distributions per share for the VanEck Vectors municipal income and income-oriented exchange-traded funds.
2/28/17 6:35PM