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M*: This Medalist ETF Offers Exposure to Short-Term Floating-Rate Debt:
FYI: iShares Floating Rate Bond ETF (FLOT) has a significant cost advantage over its ultrashort-bond and variable-rate peers. The exchange-traded fund's underlying benchmark allows investors to obtain exposure to the opportunity set in this market segment in a cost-efficient manner. These factors underpin the fund's Morningstar Analyst Rating of Bronze. Regards, Ted https://www.morningstar.com/articles/936611/this-medalist-etf-offers-exposure-to-short-term-floating-rate-debt
