ETF · iShares
FLO5 iShares USD Floating Rate Bond UCITS ETF Unhedged USD
ISIN IE00BZ048462London Stock Exchange: FLO5BlackRock, Inc.
- Cash-like & short-term
- ETF
- ISA
- SIPP
- Distributing
- Currency hedged
Latest close
LSE£3.83
on
- Ongoing charge
- 0.10% a year
- Fund size
- £293m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, FLO5 (iShares USD Floating Rate Bond UCITS ETF Unhedged USD, ISIN IE00BZ048462) closed at £3.83 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 30/09/2026 its total return was +27.5%, or −0.3% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +6.0%
- +2.7% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +8.0%
- −2.5% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +27.5%
- −0.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,275 on 30/09/2026 — about £997 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Charges compared with similar funds
- Ongoing charge
- 0.10%
- a year
- On £10,000
- £10
- a year, roughly
- Over five years
- £50
- of £10,000, before growth
- 7 charge less
- 13 the same
- 10 charge more
Ongoing charge of iShares USD Floating Rate Bond UCITS ETF Unhedged USD 0.10% a year, as of 01/10/2026: 10 of the 30 other cash-like and short-term funds charge more, 13 the same and 7 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares USD Floating Rate Bond UCITS ETF Unhedged USD is an exchange-traded fund (ETF) from iShares, launched in 2017.
It tracks the Bloomberg US Floating Rate Notes (<5 Y).
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.1% a year — about £10 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Cash-like & short-term: Very short-term loans and money-market funds that aim to follow interest rates with little price movement.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- FLO5
- ISIN
- IE00BZ048462
- Provider
- iShares
- Tracks
- Bloomberg US Floating Rate Notes (<5 Y)
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.10% a year · about £10 on £10,000
- Fund size
- £293m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Cash-like & short-term
Price chart
Since 06/08/2026, the closing price went from £3.76 on 06/08/2026 to £3.83 on 30/09/2026 (+2.0%). The lowest close shown was £3.75 on 10/08/2026 and the highest £3.84 on 25/09/2026.
Chart: closing prices we have recorded since 06/08/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
6 weekly closes, from 06/08/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
4 funds track Bloomberg US Floating Rate Notes (<5 Y), this one included and share classes counted once; their ongoing charges range from 0.10% to 0.15% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist)Distributing · Currency hedged · 0.12% a year | +4.3% | +22.6% |
| iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXNAccumulating · Currency hedged · 0.15% a year | Not reported | Not reported |
| iShares USD Floating Rate Bond UCITS ETF Unhedged USDThis fundDistributing · Currency hedged · 0.10% a year | +6.0% | +27.5% |
| iShares USD Floating Rate Bond UCITS ETF USDAccumulating · 0.10% a year | +5.6% | +26.2% |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist)Distributing · Currency hedged · 0.12% a year · IE00BF7TPM11
- iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXNAccumulating · Currency hedged · 0.15% a year · IE00BDDRDZ46
- iShares USD Floating Rate Bond UCITS ETF USDAccumulating · 0.10% a year · IE00BDFGJ627
Read more:Share classesAccumulating or incomeCurrency hedging
Questions people ask
What is the ongoing charge of FLO5?
The ongoing charge of FLO5 is 0.10% a year — about £10 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares USD Floating Rate Bond UCITS ETF Unhedged USD 0.10% a year, as of 01/10/2026: 10 of the 30 other cash-like and short-term funds charge more, 13 the same and 7 less (share classes counted once).
What does FLO5 track?
FLO5 tracks the Bloomberg US Floating Rate Notes (<5 Y).
Is FLO5 accumulating or distributing?
FLO5 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of FLO5?
The ISIN of FLO5 is IE00BZ048462. An ISIN identifies one exact share class of a fund; FLO5 is its ticker on the London Stock Exchange.
How has FLO5 done after inflation?
Over the five years to 30/09/2026 FLO5’s total return was +27.5%, or −0.3% after UK CPIH inflation. Past performance is not a guide to future returns.
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- 0MP3iShares eb.rexx Government Germany 0-1yr UCITS ETF (DE) EUR (Dist) Anteile0.13% a year · £1.2bn
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Inflation
- ONS CPIH, latest month published
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.