iShares Treasury Floating Rate Bond ETF (TFLO)Ultrashort Bond | Exchange Traded Fund | NYSEArca
50.60 USD
+0.01
(0.020%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 4:11 a.m. EDT
The iShares Treasury Floating Rate Bond ETF offers a compelling defensive yield in a volatile environment, but it lacks the explosive growth potential required for a top-tier long-term hold. The 3.74% dividend yield is robust and appears sustainable, driven by the floating-rate structure that tracks rising interest rates; however, this is a yield play, not a capital appreciation engine. The price history confirms this stagnation: over the last nine years, the asset has barely moved, trading within a razor-thin range between $50.12 and $50.67. While the latest annual return was slightly positive, the cumulative trajectory is essentially flat, reflecting the reality that bond prices drift sideways while coupons are paid out. For investors seeking income preservation and protection against falling rates, this is a solid utility. For those chasing alpha or expecting significant price appreciation, the data suggests this is a 'cash equivalent' rather than an investment vehicle. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.000957 |
| AutoTheta | 0.001091 |
| MSTL | 0.001140 |
| AutoETS | 0.001147 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 90% |
| H-stat | 1.73 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.388 |
| Excess Kurtosis | -1.00 |
As of Oct. 10, 2026, 4:11 a.m. EDT: Speculators are positioning defensively with significant put open interest at the money (50.00 strike), suggesting a fear of downside volatility or a hedge against rate-driven price drops. Conversely, call activity is sparse and concentrated deep out-of-the-money or at very distant expirations, indicating a lack of aggressive bullish conviction in the near term. Implied volatility is elevated on short-dated puts relative to calls, reinforcing a cautious, hedged sentiment rather than a directional bet.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.32% | 3.74% | 4.50% | 3.74% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.160 | 0.316769 |
| 2026-09-01 | 0.163 | 0.322708 |
| 2026-08-03 | 0.160 | 0.316769 |
| 2026-07-01 | 0.155 | 0.306931 |
| 2026-06-01 | 0.158 | 0.312933 |
| 2026-05-01 | 0.154 | 0.305011 |
| 2026-04-01 | 0.152 | 0.301050 |
| 2026-03-02 | 0.142 | 0.281244 |
| 2026-02-02 | 0.151 | 0.299128 |
| 2025-12-19 | 0.163 | 0.323413 |
| 2025-12-01 | 0.161 | 0.319191 |
| 2025-11-03 | 0.168 | 0.333003 |
| 2025-10-01 | 0.168 | 0.333201 |
| 2025-09-02 | 0.185 | 0.366700 |
| 2025-08-01 | 0.185 | 0.366409 |
| 2025-07-01 | 0.182 | 0.360610 |
| 2025-06-02 | 0.189 | 0.374406 |
| 2025-05-01 | 0.176 | 0.348722 |
| 2025-04-01 | 0.183 | 0.362448 |
| 2025-03-03 | 0.165 | 0.326668 |
| 2025-02-03 | 0.177 | 0.350426 |
| 2024-12-18 | 0.195 | 0.387135 |
| 2024-12-02 | 0.190 | 0.376536 |
| 2024-11-01 | 0.197 | 0.390640 |
| 2024-10-01 | 0.201 | 0.398730 |
| 2024-09-03 | 0.223 | 0.442197 |
| 2024-08-01 | 0.227 | 0.450129 |
| 2024-07-01 | 0.218 | 0.432025 |
| 2024-06-03 | 0.231 | 0.457516 |
| 2024-05-01 | 0.215 | 0.425911 |
| 2024-04-01 | 0.271 | 0.537272 |
| 2024-03-01 | 0.218 | 0.431683 |
| 2024-02-01 | 0.244 | 0.483456 |
| 2023-12-14 | 0.232 | 0.460592 |
| 2023-12-01 | 0.224 | 0.443389 |
| 2023-11-01 | 0.227 | 0.449149 |
| 2023-10-02 | 0.213 | 0.421615 |
| 2023-09-01 | 0.223 | 0.441322 |
| 2023-08-01 | 0.166 | 0.328583 |
| 2023-07-03 | 0.216 | 0.427977 |
| 2023-06-01 | 0.219 | 0.434007 |
| 2023-05-01 | 0.201 | 0.398493 |
| 2023-04-03 | 0.184 | 0.364935 |
| 2023-03-01 | 0.168 | 0.333333 |
| 2023-02-01 | 0.193 | 0.382936 |
| 2022-12-15 | 0.168 | 0.333996 |
| 2022-12-01 | 0.171 | 0.339420 |
| 2022-11-01 | 0.139 | 0.275794 |
| 2022-10-03 | 0.099 | 0.196351 |
| 2022-09-01 | 0.095 | 0.188529 |
| 2022-08-01 | 0.074 | 0.146884 |
| 2022-07-01 | 0.034 | 0.067407 |
| 2022-06-01 | 0.029 | 0.057574 |
| 2022-05-02 | 0.021 | 0.041650 |
| 2022-04-01 | 0.007 | 0.013908 |
| 2022-03-01 | 0.007 | 0.013914 |
| 2021-02-01 | 0.001 | 0.001988 |
| 2020-12-17 | 0.003 | 0.005967 |
| 2020-12-01 | 0.003 | 0.005965 |
| 2020-11-02 | 0.003 | 0.005965 |
| 2020-10-01 | 0.004 | 0.007954 |
| 2020-09-01 | 0.003 | 0.005964 |
| 2020-08-03 | 0.005 | 0.009942 |
| 2020-07-01 | 0.004 | 0.007952 |
| 2020-05-01 | 0.005 | 0.009942 |
| 2020-04-01 | 0.025 | 0.049692 |
| 2020-03-02 | 0.062 | 0.123309 |
| 2020-02-03 | 0.066 | 0.131239 |
| 2019-12-19 | 0.058 | 0.115515 |
| 2019-12-02 | 0.072 | 0.143341 |
| 2019-11-01 | 0.079 | 0.157339 |
| 2019-10-01 | 0.082 | 0.163314 |
| 2019-09-03 | 0.090 | 0.179283 |
| 2019-08-01 | 0.096 | 0.191197 |
| 2019-07-01 | 0.096 | 0.191121 |
| 2019-06-03 | 0.100 | 0.198886 |
| 2019-05-01 | 0.097 | 0.192920 |
| 2019-04-01 | 0.097 | 0.193035 |
| 2019-03-01 | 0.088 | 0.175020 |
| 2019-02-01 | 0.092 | 0.182939 |
| 2018-12-18 | 0.066 | 0.131369 |
| 2018-12-03 | 0.084 | 0.167098 |
| 2018-11-01 | 0.082 | 0.163119 |
| 2018-10-01 | 0.079 | 0.157214 |
| 2018-09-04 | 0.080 | 0.159236 |
| 2018-08-01 | 0.075 | 0.149313 |
| 2018-07-02 | 0.072 | 0.143284 |
| 2018-06-01 | 0.068 | 0.135296 |
| 2018-05-01 | 0.062 | 0.123481 |
| 2018-04-02 | 0.057 | 0.113478 |
| 2018-03-01 | 0.052 | 0.103524 |
| 2018-02-01 | 0.050 | 0.099522 |
| 2017-12-21 | 0.095 | 0.189281 |
| 2017-12-01 | 0.045 | 0.089695 |
| 2017-11-01 | 0.042 | 0.083632 |
| 2017-10-02 | 0.038 | 0.075682 |
| 2017-09-01 | 0.042 | 0.083699 |
| 2017-08-01 | 0.041 | 0.081738 |
| 2017-07-03 | 0.039 | 0.077751 |
| 2017-06-01 | 0.023 | 0.045808 |
| 2017-05-01 | 0.021 | 0.041874 |
| 2017-04-03 | 0.017 | 0.033878 |
| 2017-03-01 | 0.015 | 0.029928 |
| 2017-02-01 | 0.014 | 0.027933 |
| 2016-12-22 | 0.022 | 0.043895 |
| 2016-12-01 | 0.013 | 0.025933 |
| 2016-11-01 | 0.012 | 0.023947 |
| 2016-10-03 | 0.012 | 0.023952 |
| 2016-09-01 | 0.012 | 0.023947 |
| 2016-08-01 | 0.011 | 0.021934 |
| 2016-07-01 | 0.011 | 0.021947 |
| 2016-06-01 | 0.011 | 0.021947 |
| 2016-05-02 | 0.012 | 0.023938 |
| 2016-02-01 | 0.012 | 0.023962 |
| 2015-12-24 | 0.029 | 0.057792 |
| 2015-12-01 | 0.004 | 0.007987 |
| 2015-11-02 | 0.003 | 0.005992 |
| 2015-10-01 | 0.006 | 0.011981 |
| 2015-09-01 | 0.003 | 0.005986 |
| 2015-08-03 | 0.004 | 0.007992 |
| 2015-07-01 | 0.005 | 0.009970 |
| 2015-06-01 | 0.004 | 0.007971 |
| 2015-05-01 | 0.004 | 0.007978 |
| 2015-04-01 | 0.004 | 0.007967 |
| 2015-03-02 | 0.004 | 0.007989 |
| 2015-02-02 | 0.004 | 0.007990 |
| 2014-12-24 | 0.004 | 0.007987 |
| 2014-12-01 | 0.002 | 0.003994 |
| 2014-11-03 | 0.003 | 0.005981 |
| 2014-10-01 | 0.003 | 0.005986 |
| 2014-09-02 | 0.004 | 0.007981 |
| 2014-08-01 | 0.004 | 0.007982 |
| 2014-07-01 | 0.004 | 0.007994 |
| 2014-06-02 | 0.004 | 0.007987 |
| 2014-05-01 | 0.004 | 0.007987 |
| 2014-04-01 | 0.004 | 0.007987 |
| 2014-03-03 | 0.003 | 0.005988 |
| Attribute | Value |
|---|---|
| All Time High | 51.5 |
| All Time Low | 47.83 |
| Ask | 0.0 |
| Ask Size | 129,700 |
| Average Daily Volume10 Day | 2,106,570 |
| Average Daily Volume3 Month | 1,726,092 |
| Average Volume | 1,726,092 |
| Average Volume10Days | 2,106,570 |
| Beta3 Year | -0.02 |
| Bid | 0.0 |
| Bid Size | 165,700 |
| Category | Ultrashort Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 50.6 |
| Day Low | 50.58 |
| Display Name | Treasury Floating Rate Bond ETF |
| Dividend Yield | 3.74 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 50.5824 |
| Fifty Day Average Change | 0.017597198 |
| Fifty Day Average Change Percent | 0.0003478917 |
| Fifty Two Week Change Percent | 0.15835762 |
| Fifty Two Week High | 50.67 |
| Fifty Two Week High Change | -0.069999695 |
| Fifty Two Week High Change Percent | -0.0013814821 |
| Fifty Two Week Low | 50.39 |
| Fifty Two Week Low Change | 0.20999908 |
| Fifty Two Week Low Change Percent | 0.0041674753 |
| Fifty Two Week Range | 50.39 - 50.67 |
| First Trade Date Milliseconds | 1,391,524,200,000 |
| Five Year Average Return | 0.0393932 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.00019836426 |
| Fullday Change Percent | 0.0003921017 |
| Fullday Price | 50.6 |
| Fund Family | iShares |
| Fund Inception Date | 1,391,472,000 |
| 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 will invest at least 80% of its assets in the component securities of the underlying index and will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the underlying index. The underlying index is a market capitalization-weighted index that measures the performance of floating rate public obligations of the U.S. Treasury. |
| Long Name | iShares Treasury Floating Rate Bond ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_253511354 |
| Nav Price | 50.57951 |
| Net Assets | 6,945,307,100.0 |
| Net Expense Ratio | 0.15 |
| Open | 50.59 |
| Phone | 415-670-2000 |
| Previous Close | 50.59 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.00999832 |
| Regular Market Change Percent | 0.0197634 |
| Regular Market Day High | 50.6 |
| Regular Market Day Low | 50.58 |
| Regular Market Day Range | 50.58 - 50.6 |
| Regular Market Open | 50.59 |
| Regular Market Previous Close | 50.59 |
| Regular Market Price | 50.6 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 3,151,975 |
| Short Name | iShares Treasury Floating Rate |
| Source Interval | 15 |
| Symbol | TFLO |
| Three Year Average Return | 0.045693897 |
| Total Assets | 6,945,307,136 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.98951 |
| Trailing Three Month Returns | 0.98951 |
| Triggerable | 1 |
| Two Hundred Day Average | 50.5663 |
| Two Hundred Day Average Change | 0.033699036 |
| Two Hundred Day Average Change Percent | 0.0006664327 |
| Type Disp | ETF |
| Volume | 3,151,975 |
| Yield | 0.0374 |
| Ytd Return | 2.88772 |