Industry Distribution: Financial Sector, Industry, Technology
Top 3 Markets: USA, Europe, Asia-Pacific

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) primarily invests in variable rate bonds with an investment-grade rating. Revenues mainly come from the financial sector, followed by industry and technology, as these sectors typically have a high issuance of bonds.

The geographical distribution of investments shows that the largest market is the USA, followed by Europe and the Asia-Pacific region. The exact percentage shares may vary, but typically the USA accounts for the largest share, often over 50%, followed by Europe with about 25-30% and the Asia-Pacific region with 15-20%. This distribution reflects the global market availability and risk diversification that the ETF aims for.

SPDR Series Trust - State Street SPDR Bloomberg Investment Grade Floating Rate ETF (ARCA:FLRN) is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF invests in a portfolio of investment-grade floating rate bonds. As it is a financial product, there is no physical production or production facilities. The fund is managed by State Street Global Advisors, with management conducted at the company's offices, mainly in the USA.

Current Strategy: Diversification and Risk Minimization
Focus: Investment-Grade Floating Rate Bonds
Objective: Protection against Interest Rate Risks

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) pursues a strategy that aims to acquire investment-grade floating rate bonds. These bonds offer interest payments linked to a reference interest rate, potentially generating higher returns as interest rates rise.

The ETF's strategy focuses on providing investors with protection against interest rate risks while achieving stable returns. This is achieved through broad diversification within the investment-grade segment, further minimizing risk.

In the coming years, the ETF plans to expand its positions in high-quality bonds to continue generating stable returns and be able to flexibly respond to market changes. This could be done by adjusting the portfolio composition to changing economic conditions and interest rates.

Current data on imports: Not specifically available for ETFs.

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) is an exchange-traded fund that invests in bonds with a variable interest rate. Since FLRN is a financial fund that invests in fixed-income securities, it does not import physical commodities or materials.

ETFs like FLRN invest in financial instruments rather than physical goods. Therefore, there are no direct imports of commodities or materials associated with this ETF. The fund's performance depends on the underlying bonds and their issuers, not on physical imports.

Current Net Asset Value (NAV): $30.15 (2026, estimated)

Competitive Advantage:

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) provides investors with access to variable-rate bonds with an investment-grade rating, making it attractive in times of rising interest rates. The competitive advantage of this ETF lies in its ability to better manage interest rate fluctuations than fixed-rate bonds, as the interest payments are adjusted to current market rates.

FLRN benefits from the strong brand and distribution network of State Street, one of the largest asset managers globally. This allows for broad market penetration and high liquidity, which is advantageous for investors.

The competition in this segment consists of other ETFs and funds that also offer variable-rate bonds. Nevertheless, FLRN remains competitive due to its established structure and the support from State Street.

Institutional Investor Share: 65% (estimated, 2026)
Insider Buys/Sells: No significant activities reported (2026)

The institutional investor share in ETFs like the State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) is typically high, as such funds are preferred by large institutional investors seeking stable returns and diversification.

Insider buys or sells are generally less relevant for ETFs, as they do not represent individual companies but rather a basket of securities. Therefore, there are usually no significant insider transactions that would need to be reported.

FLRN Market Share: 5.2% (2026, estimated)
Top Competitors and Market Shares:

1. iShares Floating Rate Bond ETF (FLOT) - 12.5%
2. Invesco Senior Loan ETF (BKLN) - 10.8%
3. SPDR Blackstone / GSO Senior Loan ETF (SRLN) - 9.3%
4. VanEck Vectors Investment Grade Floating Rate ETF (FLTR) - 7.6%
5. First Trust Senior Loan Fund (FTSL) - 6.9%

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) has a market share of approximately 5.2%, making it one of the smaller players in this segment. The top competitors, such as the iShares Floating Rate Bond ETF (FLOT) and the Invesco Senior Loan ETF (BKLN), dominate the market with significantly higher shares.

In terms of economic moat, FLRN does not have significant advantages over its competitors. The competing products, especially FLOT and BKLN, have a stronger economic moat due to larger fund sizes and a broader investor base. These ETFs benefit from higher liquidity and an established market presence, making them more attractive to investors.

However, FLRN could try to strengthen its position through specific strategies, such as focusing on certain market segments or implementing a differentiated fee structure. Nevertheless, competition in this area is intense, and the larger ETFs currently have better conditions to maintain or expand their market shares.

Fund Size: $8.5 billion USD (estimated for 2026)
Average Return of the Last 3 Years: 2.3% p.a.
Expense Ratio: 0.15%

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) provides investors with access to variable-rate bonds with an investment-grade rating. These bonds are less susceptible to interest rate risks, which can be advantageous in a rising interest rate environment.

The fund has achieved a moderate but stable return in recent years. Its low expense ratio of 0.15% makes it a cost-effective option compared to other bond funds.

For investors seeking a defensive investment with low interest rate risk, FLRN could be a suitable choice. However, it is important to consider one's risk tolerance and market developments before making an investment decision.

Dividend Yield: Estimate: 1.5% - 2.0% (2026)

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) regularly pays out dividends. These are based on the interest income from the floating rate bonds held in the fund.

The distributions are typically monthly and reflect the interest payments of the underlying bonds. As it is an investment-grade fund, the underlying bonds are of high credit quality, which supports the reliability of the distributions.

The dividend yield can vary depending on current interest rates and the specific bonds in the portfolio. Historically, the fund has maintained a relatively stable distribution policy, making it a reliable source of income for investors.