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State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN)

Ultrashort Bond | Exchange Traded Fund | NYSEArca
30.80 USD
After hours: 30.80 0.00 (-0.002%) ⇩ (July 13, 2026, 7:11 p.m. EDT)
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | July 11, 2026, 3:10 a.m. EDT

This floating-rate bond ETF offers a compelling 4.5% yield, which is robust relative to current inflation expectations and provides a steady income stream for defensive portfolios. However, the investment case is strictly defensive; the underlying assets are investment-grade bonds, meaning the fund lacks significant capital appreciation potential and will likely track interest rates rather than outperform them. The price action confirms this stagnation, with the share price hovering almost perfectly flat over the last decade, showing only a marginal 0.82% gain despite nine years of market cycles. While the recent statistical model indicates a very high-confidence micro-upward drift, this reflects short-term noise rather than a fundamental shift in the asset class. For investors seeking growth or meaningful equity-like upside, this vehicle is neutral; it is best suited solely for those prioritizing income preservation over wealth creation.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.000969
AutoETS0.001052
AutoARIMA0.001138
MSTL0.001155

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 89%
H-stat 0.50
Ljung-Box p 0.000
Jarque-Bera p 0.315
Excess Kurtosis -1.11

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.34% 4.45% 5.20% 4.09%
Dividend History
Date Dividend Yield %
2026-07-01 0.105 0.341352
2026-06-01 0.108 0.351105
2026-05-01 0.105 0.341686
2026-04-01 0.109 0.355628
2026-03-02 0.099 0.322161
2026-02-02 0.108 0.351105
2025-12-18 0.116 0.378096
2025-12-01 0.115 0.374227
2025-11-03 0.123 0.400391
2025-10-01 0.124 0.403383
2025-09-02 0.128 0.416667
2025-08-01 0.128 0.416531
2025-07-01 0.123 0.400521
2025-06-02 0.128 0.417210
2025-05-01 0.124 0.404964
2025-04-01 0.127 0.413411
2025-03-03 0.118 0.383740
2025-02-03 0.150 0.488440
2024-12-19 0.111 0.361917
2024-12-02 0.133 0.433225
2024-11-01 0.143 0.465646
2024-10-01 0.145 0.472467
2024-09-03 0.155 0.505215
2024-08-01 0.155 0.505050
2024-07-01 0.148 0.482085
2024-06-03 0.155 0.504393
2024-05-01 0.148 0.482085
2024-04-01 0.153 0.498371
2024-03-01 0.143 0.466254
2024-02-01 0.153 0.499347
2023-12-18 0.157 0.514754
2023-12-01 0.150 0.490356
2023-11-01 0.154 0.503762
2023-10-02 0.148 0.483976
2023-09-01 0.153 0.500327
2023-08-01 0.147 0.481021
2023-07-03 0.140 0.458716
2023-06-01 0.144 0.471976
2023-05-01 0.135 0.443059
2023-04-03 0.133 0.437932
2023-03-01 0.120 0.392413
2023-02-01 0.156 0.511643
2022-12-19 0.089 0.293923
2022-12-01 0.105 0.346764
2022-11-01 0.090 0.297521
2022-10-03 0.075 0.248098
2022-09-01 0.075 0.246873
2022-08-01 0.061 0.201720
2022-07-01 0.026 0.086350
2022-06-01 0.023 0.075683
2022-05-02 0.020 0.065595
2022-04-01 0.011 0.036066
2022-03-01 0.009 0.029431
2022-02-01 0.009 0.029421
2021-12-17 0.010 0.032712
2021-12-01 0.008 0.026161
2021-11-01 0.009 0.029383
2021-10-01 0.009 0.029364
2021-09-01 0.008 0.026110
2021-08-02 0.009 0.029373
2021-07-01 0.010 0.032637
2021-06-01 0.011 0.035913
2021-05-03 0.011 0.035936
2021-04-01 0.012 0.039177
2021-03-01 0.011 0.035889
2021-02-01 0.013 0.042414
2020-12-18 0.014 0.045752
2020-12-01 0.014 0.045752
2020-11-02 0.015 0.049084
2020-10-01 0.015 0.049052
2020-09-01 0.018 0.058901
2020-08-03 0.023 0.075336
2020-07-01 0.028 0.091894
2020-06-01 0.037 0.122112
2020-05-01 0.045 0.149551
2020-04-01 0.052 0.176630
2020-03-02 0.053 0.172526
2020-02-03 0.058 0.188557
2019-12-20 0.060 0.195313
2019-12-02 0.060 0.195376
2019-11-01 0.065 0.211726
2019-10-01 0.065 0.211864
2019-09-03 0.070 0.228385
2019-08-01 0.073 0.237940
2019-07-01 0.073 0.238173
2019-06-03 0.076 0.247961
2019-05-01 0.076 0.247880
2019-04-01 0.080 0.261011
2019-03-01 0.073 0.238562
2019-02-01 0.078 0.255236
2018-12-19 0.077 0.253623
2018-12-03 0.066 0.216535
2018-11-01 0.069 0.224976
2018-10-01 0.066 0.214914
2018-09-04 0.069 0.224463
2018-08-01 0.069 0.224536
2018-07-02 0.066 0.215054
2018-06-01 0.062 0.201823
2018-05-01 0.054 0.175724
2018-04-02 0.047 0.153094
2018-03-01 0.041 0.133464
2018-02-01 0.040 0.130081
2017-12-19 0.072 0.234834
2017-12-01 0.043 0.140020
2017-11-01 0.044 0.143183
2017-10-02 0.043 0.139974
2017-09-01 0.042 0.136897
2017-08-01 0.041 0.133507
2017-07-03 0.039 0.127077
2017-06-01 0.038 0.123698
2017-05-01 0.036 0.117302
2017-04-03 0.037 0.120600
2017-03-01 0.033 0.107562
2017-02-01 0.033 0.107527
2016-12-28 0.034 0.111039
2016-12-01 0.031 0.101043
2016-11-01 0.031 0.101175
2016-10-03 0.029 0.094740
2016-09-01 0.028 0.091653
2016-08-01 0.027 0.088322
2016-07-01 0.026 0.085358
2016-06-01 0.026 0.085274
2016-05-03 0.024 0.078663
2016-05-02 0.024 0.078663
2016-04-01 0.026 0.085611
2016-03-01 0.022 0.072583
2016-02-01 0.021 0.069147
2015-12-29 0.019 0.062582
2015-12-01 0.017 0.055829
2015-11-02 0.017 0.055958
2015-10-01 0.017 0.055811
2015-09-01 0.017 0.055921
2015-08-03 0.016 0.052493
2015-07-01 0.016 0.052236
2015-06-01 0.016 0.052253
2015-05-01 0.015 0.048972
2015-04-01 0.015 0.049100
2015-03-02 0.014 0.045887
2015-02-02 0.013 0.042637
2014-12-29 0.015 0.049196
2014-12-01 0.014 0.045752
2014-11-03 0.014 0.045677
2014-10-01 0.014 0.045692
2014-09-02 0.014 0.045692
2014-08-01 0.014 0.045632
2014-07-01 0.013 0.042414
2014-06-02 0.014 0.045782
2014-05-01 0.013 0.042456
2014-04-01 0.013 0.042442
2014-03-03 0.012 0.039216
2014-02-03 0.013 0.042511
2013-12-27 0.013 0.042401
2013-12-02 0.013 0.042470
2013-11-01 0.013 0.042414
2013-10-01 0.011 0.035796
2013-09-03 0.013 0.042249
2013-08-01 0.016 0.052016
2013-07-01 0.019 0.061728
2013-06-03 0.022 0.071966
2013-05-01 0.022 0.071382
2013-04-01 0.024 0.078100
2013-03-01 0.025 0.080985
2013-02-01 0.030 0.097498
2012-12-27 0.031 0.101274
2012-12-03 0.034 0.110641
2012-10-01 0.039 0.127119
2012-09-04 0.044 0.143369
2012-08-01 0.044 0.144975
2012-07-02 0.042 0.138158
2012-06-01 0.043 0.140984
2012-05-01 0.041 0.134647
2012-04-02 0.044 0.143089
2012-03-01 0.045 0.143770
2012-02-01 0.046 0.151515
2011-12-28 0.039 0.129139
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.5

Info Dump

Attribute Value
All Time High 45.6
All Time Low 25.93
Ask 0.0
Ask Size 17,900
Average Daily Volume10 Day 1,785,380
Average Daily Volume3 Month 1,141,542
Average Volume 1,141,542
Average Volume10Days 1,785,380
Beta3 Year 0.0
Bid 30.78
Bid Size 13,300
Category Ultrashort Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 30.81
Day Low 30.7922
Dividend Yield 4.5
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 30.792
Fifty Day Average Change 0.00799942
Fifty Day Average Change Percent 0.0002597889
Fifty Two Week Change Percent 0.1300335
Fifty Two Week High 30.87
Fifty Two Week High Change -0.0700016
Fifty Two Week High Change Percent -0.0022676256
Fifty Two Week Low 30.63
Fifty Two Week Low Change 0.17000008
Fifty Two Week Low Change Percent 0.0055501168
Fifty Two Week Range 30.63 - 30.87
First Trade Date Milliseconds 1,322,749,800,000
Five Year Average Return 0.0427755
Full Exchange Name NYSEArca
Fund Family State Street Investment Management
Fund Inception Date 1,322,611,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of U.S. dollar-denominated, investment grade floating rate notes.
Long Name State Street SPDR Bloomberg Investment Grade Floating Rate ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_143773983
Nav Price 30.75657
Net Assets 2,965,711,360.0
Net Expense Ratio 0.15
Open 30.81
Post Market Change -0.0016994476
Post Market Change Percent -0.005517687
Post Market Price 30.7983
Post Market Time 1,783,984,301
Previous Close 30.8
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 30.81
Regular Market Day Low 30.7922
Regular Market Day Range 30.7922 - 30.81
Regular Market Open 30.81
Regular Market Previous Close 30.8
Regular Market Price 30.8
Regular Market Time 1,783,972,800
Regular Market Volume 884,659
Short Name State Street SPDR Bloomberg Inv
Source Interval 15
Symbol FLRN
Three Year Average Return 0.0561838
Total Assets 2,965,711,360
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.15923
Trailing Three Month Returns 1.15923
Triggerable 1
Two Hundred Day Average 30.77795
Two Hundred Day Average Change 0.02204895
Two Hundred Day Average Change Percent 0.0007163879
Type Disp ETF
Volume 884,659
Yield 0.045
Ytd Return 2.11951