Markets.com Logo

FLOT-U

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    6.0543$
  • Previous Close
    6.0543$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FLOT-U.TO represents the Horizons USD Floating Rate Bond ETF, a Canadian-listed exchange-traded fund that invests primarily in U.S. dollar-denominated floating rate corporate bonds. These bonds typically have interest rates that adjust periodically based on a benchmark, offering investors potential protection against rising interest rates. The ETF aims to provide a consistent stream of income while managing interest rate risk, and the 'U' in the symbol denotes that it is denominated in U.S. dollars. As an ETF, it trades on the Toronto Stock Exchange, offering investors liquidity and diversification within the floating rate bond market.

Apple Forecasts Robust Holiday Sales, Driven by iPhone Growth

Sophia Claire|--

Global Oil Glut Looms in 2026: Trade Truce Overshadowed by Warning

Emma Rose|--

Fed Rate Decision: Uncertainty Looms Amid Data Lacks, Divisions

Liam James|--

Gold Price Outlook 2024: Natixis Analysis Warns of Further Downside

Noah Lee|--

US Government Shutdown: An Analysis of Causes and Potential Resolutions

Emma Rose|--
Stock trend analysis: stocks to watch today, AMZN stock, Qualcomm stock

Stock trend analysis: stocks to watch today, AMZN stock, Qualcomm stock

Frances Wang|--
Bitcoin Price (BTC/USD) Analysis: Can BTC Hit $125K in November?

Bitcoin Price (BTC/USD) Analysis: Can BTC Hit $125K in November?

Frances Wang|--

Factors

Underlying Assets: FLOT-U.TO tracks US floating rate notes. Changes in these notes' values directly impact the ETF's price.

Interest Rate Hikes: As floating rate notes' yields adjust to rising rates, the ETF's value typically increases, attracting investors and driving up the price.

Credit Risk: The creditworthiness of issuers impacts note values. Downgrades may decrease the ETF's value and price.

Supply and Demand: High demand increases the ETF's price, while high supply decreases it, reflecting investor sentiment and market conditions.

Market Liquidity: Low liquidity can cause price volatility, making it harder to buy or sell at desired prices, indirectly affecting value.

People Also Watch

Latest news

Coinbase Eyes $2B BVNK Acquisition to Bolster Stablecoin Position

Noah Lee|--

Market Pulse: KITE Launch, SBF Trial, Ethena Unlock, and SEC DOT ETF Decision

Sophia Claire|--

FTX Creditors Face Diminished Recovery Prospects Amid Crypto Surge

Sophia Claire|--

Latest Education Articles

Stock CFD trading basics: How to start trading stocks as a beginner?

Stock CFD trading basics: How to start trading stocks as a beginner?

Ghko B|--
Bitcoin price near $109K today: How much will $1 Bitcoin be worth in 2030?

Bitcoin price near $109K today: How much will $1 Bitcoin be worth in 2030?

Ghko B|--
Day trading basics: What is the best method for day trading?

Day trading basics: What is the best method for day trading?

Ghko B|--