A Foundation With Floating Rate ETFs
August 28, 2018 at 12:55 PM EDT
Exchange traded funds offering access to floating rate notes (FRNs), including the iShares Floating Rate Bond ETF (CBOE: FLOT), have been popular destinations for fixed income investors this year. The $10.80 billion FLOT tracks the Bloomberg Barclays US Floating Rate Note < 5 Years Index and...