Floating Rate Loan ETF (BRLN)
- Expense ratio0.54%
- Net assets$50.6M
- Dividend yield6.20%
- 1-year return+3.76%
- Duration0.30 yrs
BRLN ETF price chart
BRLN quote & trading statistics
BRLN performance
Annual returns & drawdowns →- YTD+2.05%
- 1 year+3.76%
- 3 years+5.87%/yr
- 1Y volatility
- 1.79%
- 3Y volatility
- 1.72%
- 3Y Sharpe ratio
- 1.14
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
BRLN bond portfolio
Rate scenarios & peers →- Yield to maturity
- 7.32%
- Effective duration
- 0.30 yrs
- Average maturity
- 4.8 yrs
- Average coupon
- 6.69%
A one-percentage-point rise in interest rates would lower the price by about 0.3%.
About Floating Rate Loan ETF
The fund normally invests at least 80% of its assets in floating rate loans and investments that are the economic equivalent of floating rate loans, which effectively enables the fund to achieve a floating rate of income. The fund may also invest in other floating rate debt instruments and investments that are the economic equivalent of floating rate debt instruments. It is non-diversified.
BRLN ETF FAQ
What is the BRLN expense ratio?
Floating Rate Loan ETF has a net expense ratio of 0.54%, or $54.00 a year for every $10,000 invested.
How much money is in BRLN?
Floating Rate Loan ETF has about $50.6M in net assets.
How has BRLN performed?
BRLN returned +3.76% over the past year, including reinvested distributions.
Does BRLN pay dividends?
BRLN has a dividend yield of 6.20%.
When was BRLN launched?
Floating Rate Loan ETF began trading on October 4, 2022.