High-Yield Floating-Rate ETFs

High-Yield Floating-Rate ETFs

ETF Center

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

WBI Shares is excited to announce the launch of its newest exchange-traded fund, WBI Tactical Rotation Shares (Ticker: WBIR).
7/27/16 11:27AM
Bull market remains reliant on historically low rates
7/25/16 12:05AM
On 7/22/16, Goldman Sachs Group Incorporated's 6.375% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K will trade ex-dividend, for its quarterly dividend of $0.3984, payable on 8/10/16. As a percentage of GS.
7/20/16 4:22PM
After a week of long liquidation gold is only 4% off yearly highs.
7/15/16 4:58PM
E*TRADE Financial Corporation (NASDAQ:ETFC) today announced results from the most recent wave of StreetWise, E*TRADE's quarterly tracking study of experienced investors.
7/14/16 4:05PM
Looking at the universe of stocks we cover at Dividend Channel, on 7/18/16, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 8/1/16. As a percentage of PFLT's recent stock price of $12.63, this dividend works out to approximately 0.75%, so look for shares of Pennantpark Floating Rate Capital to trade 0.75% lower — all else being equal — when PFLT shares open for trading on 7/18/16.
7/14/16 10:04AM
First Trust Dividend and Income Fund (the "Fund") (NYSE: FAV) today declared its regularly scheduled quarterly distribution payable on July 29, 2016, to shareholders of record as of July 26, 2016.
7/11/16 4:18PM
A central bank rescue mission for the pound is possible
7/6/16 12:05AM