TFLO

📎 Investment Objective

The iShares Treasury Floating Rate Bond ETF (TFLO) seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds.

✨ Key Features

• Invests in U.S. Treasury floating rate bonds
• Designed to track the performance of the ICE BofA US Treasury Floating Rate Index
• Provides exposure to short-term government debt with variable interest rates
• Expense ratio of 0.00%

⚠️ Primary Risks

• Interest rate risk as floating rate bonds can be impacted by changes in prevailing interest rates
• Credit risk associated with U.S. government debt
• Liquidity risk as the fund may have difficulty trading certain securities
• Tracking error risk as the fund may not perfectly replicate the target index

👤 Best For

This ETF may be suitable for investors seeking short-term, low-risk exposure to U.S. government debt with variable interest rates. It could be used as a cash management tool or to help manage interest rate risk in a fixed income portfolio.