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iShares Treasury Floating Rate Bond ETF (TFLO)

Ultrashort Bond | Exchange Traded Fund | NYSEArca
50.57 USD +0.01 (0.020%) ⇧ (July 14, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 5:59 a.m. EDT

This instrument is a precise, low-volatility proxy for short-term Treasury rates, offering a stable 3.89% yield that adjusts with the federal funds rate. The price action over the last two weeks confirms this stability, trading in a tight range between $50.50 and $50.65 with minimal drift. While the statistical forecast model predicts a negligible -0.02% move over the next 45 days with very high confidence, this reflects the asset's nature as a rate-tracking bond rather than a failing business; it is not a 'value trap' but simply a tool for income preservation in a flat-rate environment. The long-term trajectory shows a modest +0.90% gain over nine years with no recent consecutive declines, confirming that the market views the underlying business quality as neutral-to-slightly-positive. However, the lack of capital appreciation potential and the sensitivity to interest rate cuts mean it cannot be rated as a strong growth or momentum play. It serves best as a defensive holding for yield stability rather than capital growth.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.000763
AutoETS0.000971
AutoTheta0.000978
MSTL0.000994

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 91%
H-stat 1.16
Ljung-Box p 0.000
Jarque-Bera p 0.449
Excess Kurtosis -0.92

As of July 11, 2026, 5:59 a.m. EDT: Options activity is virtually dormant with negligible volume and open interest across both calls and puts. Implied volatility is extremely low (5% for puts, 47% for calls), indicating a lack of speculative positioning or hedging demand. The market is effectively pricing the asset as a static, non-directional instrument.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.31% 3.85% 4.58% 3.55%
Dividend History
Date Dividend Yield %
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
Additional Data
dividendYield 3.89

Info Dump

Attribute Value
All Time High 51.5
All Time Low 47.83
Ask 0.0
Ask Size 215,900
Average Daily Volume10 Day 1,592,980
Average Daily Volume3 Month 1,526,937
Average Volume 1,526,937
Average Volume10Days 1,592,980
Beta3 Year -0.02
Bid 0.0
Bid Size 240,400
Category Ultrashort Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 50.57
Day Low 50.56
Dividend Yield 3.89
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 50.5586
Fifty Day Average Change 0.011398315
Fifty Day Average Change Percent 0.0002254476
Fifty Two Week Change Percent 0.0
Fifty Two Week High 50.66
Fifty Two Week High Change -0.09000015
Fifty Two Week High Change Percent -0.0017765525
Fifty Two Week Low 50.39
Fifty Two Week Low Change 0.1800003
Fifty Two Week Low Change Percent 0.0035721434
Fifty Two Week Range 50.39 - 50.66
First Trade Date Milliseconds 1,391,524,200,000
Five Year Average Return 0.0372529
Full Exchange Name NYSEArca
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 50.56216
Net Assets 6,588,089,900.0
Net Expense Ratio 0.15
Open 50.56
Phone 415-670-2000
Pre Market Change 0.001499176
Pre Market Change Percent 0.0029645562
Pre Market Price 50.5715
Pre Market Time 1,784,113,204
Previous Close 50.56
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.00999832
Regular Market Change Percent 0.0197752
Regular Market Day High 50.57
Regular Market Day Low 50.56
Regular Market Day Range 50.56 - 50.57
Regular Market Open 50.56
Regular Market Previous Close 50.56
Regular Market Price 50.57
Regular Market Time 1,784,059,200
Regular Market Volume 1,107,179
Short Name iShares Treasury Floating Rate
Source Interval 15
Symbol TFLO
Three Year Average Return 0.046788
Total Assets 6,588,089,856
Tradeable 0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.94618
Trailing Three Month Returns 0.94618
Triggerable 1
Two Hundred Day Average 50.53955
Two Hundred Day Average Change 0.030448914
Two Hundred Day Average Change Percent 0.00060247694
Type Disp ETF
Volume 1,107,179
Yield 0.038900003
Ytd Return 1.87961