iShares Treasury Floating Rate Bond ETF

Frequently Asked Questions About TFLO

What does TFLO invest in?

The iShares Treasury Floating Rate Bond ETF endeavors to mirror the financial performance of a benchmark index that is exclusively made up of floating-rate U.S. Treasury securities.

What is the expense ratio of TFLO?

iShares Treasury Floating Rate Bond ETF (TFLO) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is TFLO's dividend yield?

TFLO's trailing-twelve-month yield is 3.75%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TFLO?

Effective duration measures TFLO's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TFLO's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of TFLO?

TFLO's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of TFLO?

Yield to maturity (YTM) is the total return you'd earn from TFLO if every bond in the portfolio is held to maturity at the current price. TFLO's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.