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

The BOJ's market meddling may be distorting asset prices
8/24/16 12:05AM
Looking at the universe of stocks we cover at Dividend Channel, on 8/17/16, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 9/1/16. As a percentage of PFLT's recent stock price of $12.98, this dividend works out to approximately 0.73%, so look for shares of Pennantpark Floating Rate Capital to trade 0.73% lower — all else being equal — when PFLT shares open for trading on 8/17/16.
8/15/16 11:47AM
Gavekal Capital LLC today announced the Gavekal Knowledge Leaders Developed World ETF (NYSE: KLDW) outperformed during its first full year of trading.
8/15/16 10:00AM
On 8/11/16, Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series 1 will trade ex-dividend, for its quarterly dividend of $0.1875, payable on 8/30/16. As a percentage of BML.
8/9/16 1:58PM
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Barclays Investment Grade Floating Rate ETF where we have detected an approximate $45.8 million dollar inflow -- that's a 8.1% increase week over week in outstanding units (from 18,500,000 to 20,000,000). 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 $30.15 per share, with $30.96 as the 52 week high point — that compares with a last trade of $30.61.
8/9/16 12:54PM
If oil prices rebound, Russia stocks may take flight
8/8/16 12:05AM
Why IBM and Cisco are great dividend plays
8/5/16 12:05AM
Gold continues to see strength following its gains of last week.
8/2/16 10:07AM