ETF · iShares
FLOS iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist)
ISIN IE00BF7TPM11London Stock Exchange: FLOSBlackRock, Inc.
- Cash-like & short-term
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£4.82
on
- Ongoing charge
- 0.12% a year
- Fund size
- £75.4m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, FLOS (iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist), ISIN IE00BF7TPM11) closed at £4.82 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was +23.2%, or −3.8% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +4.3%
- +0.6% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +16.5%
- +5.2% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +23.2%
- −3.8% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,232 on 13/11/2026 — about £962 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) in pounds (price only, income paid out not included): 2022 −0.7%, 2023 +0.4%, 2024 +0.2%, 2025 −0.3%; 2026 to 13/11/2026 +1.6%. Returns of iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −0.5%; to 30/09/2025: −0.1%; to 30/09/2024: −0.1%; to 30/09/2023: +1.8%; to 30/09/2022: −0.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +1.6% | −1.6% | |
| to | −0.3% | −3.7% | |
| to | +0.2% | −3.2% | |
| +0.4% | −3.6% | ||
| −0.7% | −9.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −0.5% | −4.0% |
| from | −0.1% | −4.0% |
| from | −0.1% | −2.6% |
| from | +1.8% | −4.3% |
| from | −0.8% | −8.8% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
3.3%over 5 years
| 1 year | 3.2% |
|---|---|
| 3 years | 3.8% |
| 5 years | 3.3% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −3.2%
- From to
- Lowest 12-month return
- −1.9%
- 12 months to
- Highest 12-month return
- +2.3%
- 12 months to
- Below its highest weekly close since November 2021
- 1.0%
- High of , latest
In words: Volatility of iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) in pounds, annualised from weekly returns to 13/11/2026: 3.2% over 1 year, 3.8% over 3 years, 3.3% over 5 years. Largest fall in the price of iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) since November 2021, in pounds: −3.2% from 10/05/2024 to 14/11/2025. The lowest 12-month return of iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) in pounds (price only, income paid out not included) since January 2021 was −1.9% (12 months to 11/04/2025); the highest was +2.3% (12 months to 10/11/2023). On 13/11/2026 the price of iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) was 1.0% below its highest weekly close since November 2021 (10/05/2024), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.12%
- a year
- On £10,000
- £12
- a year, roughly
- Over five years
- £60
- of £10,000, before growth
- 33 charge less
- 3 the same
- 7 charge more
Ongoing charge of iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) 0.12% a year. Compared on 14/11/2026, 7 of the 43 other cash-like and short-term funds charge more, 3 the same and 33 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) 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 0.12% a year — about £12 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
- FLOS
- ISIN
- IE00BF7TPM11
- Provider
- iShares
- 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
- 0.12% a year · about £12 on £10,000
- Fund size
- £75.4m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Cash-like & short-term
Price chart
Over the last year, the closing price went from £4.72 on 14/11/2025 to £4.82 on 13/11/2026 (+2.2%). The lowest close shown was £4.72 on 14/11/2025 and the highest £4.82 on 15/05/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 560
- 561 reported in all
- Ten largest
- 9.0%
- of the whole fund
- Effective number of holdings
- 329
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 1.1%
- European Bank for Reconstruction A Mtn 4.27% 20/02/2028
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | European Bank for Reconstruction A Mtn 4.27% 20/02/2028Supranational | 1.15% |
| 2 | European Bank for Reconstruction A Mtn 4.15% 16/02/2029Supranational | 1.09% |
| 3 | International Bank for Reconstruct Mtn 4.37% 19/08/2027Supranational | 1.01% |
| 4 | European Bank for Reconstruction A Mtn 4.34% 22/07/2030Supranational | 0.90% |
| 5 | Inter-American Development Bank Mtn 4.15% 15/02/2029Supranational | 0.81% |
| 6 | International Finance Corp Mtn 4.19% 28/08/2029Supranational | 0.81% |
| 7 | Kommunalbanken As Mtn 144A 4.41% 03/03/2028Owned No Guarantee | 0.81% |
| 8 | International Bank for Reconstruct 4.23% 22/11/2028Supranational | 0.80% |
| 9 | International Finance Corp Mtn 4.29% 28/08/2028Supranational | 0.80% |
| 10 | Kommunalbanken As Mtn 144A 4.32% 09/04/2029Owned No Guarantee | 0.79% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Banking47.1%
- Supranational20.2%
- Consumer Cyclical8.4%
- Owned No Guarantee6.2%
- Insurance4.5%
- Capital Goods3.0%
- Health Care2.8%
- Communication Services1.4%
- Other sectors6.5%
By country
- United States35.6%
- Supranational19.6%
- Australia7.7%
- Canada5.7%
- Japan5.5%
- United Kingdom5.0%
- South Korea3.8%
- Germany2.7%
- Other countries14.4%
By type of asset
- Bonds99.4%
- Cash and money market0.6%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 561 holdings; the ten largest make up 9.0% of it. The fund's portfolio is also split by currency, maturity and credit quality.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
5 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 (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist)Distributing · Currency hedged · 0.12% a year | 0.12% | −2.8% | +6.3% | Not reported |
| iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist)This fundDistributing · Currency hedged · 0.12% a year | 0.12% | +4.3% | +16.5% | +23.2% |
| iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXNAccumulating · Currency hedged · 0.15% a year | 0.15% | +5.3% | +18.1% | +83.4% |
| iShares USD Floating Rate Bond UCITS ETF Unhedged USDDistributing · 0.10% a year | 0.10% | +3.0% | +7.2% | +27.2% |
| iShares USD Floating Rate Bond UCITS ETF USDAccumulating · 0.10% a year | 0.10% | +3.9% | +8.3% | +26.7% |
As of
Bloomberg US Floating Rate Notes (<5 Y) funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist)Distributing · Currency hedged · 0.12% a year · IE00BF11F458
- iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXNAccumulating · Currency hedged · 0.15% a year · IE00BDDRDZ46
- iShares USD Floating Rate Bond UCITS ETF Unhedged USDDistributing · 0.10% a year · IE00BZ048462
- iShares USD Floating Rate Bond UCITS ETF USDAccumulating · 0.10% a year · IE00BDFGJ627
Read more:Share classesAccumulating or incomeCurrency hedging
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of FLOS?
The ongoing charge of FLOS is 0.12% a year — about £12 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 $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) 0.12% a year. Compared on 14/11/2026, 7 of the 43 other cash-like and short-term funds charge more, 3 the same and 33 less (share classes counted once).
What does FLOS track?
FLOS tracks the Bloomberg US Floating Rate Notes (<5 Y).
Is FLOS accumulating or distributing?
FLOS 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 FLOS?
The ISIN of FLOS is IE00BF7TPM11. An ISIN identifies one exact share class of a fund; FLOS is its ticker on the London Stock Exchange.
What does FLOS hold?
As of 06/11/2026, FLOS holds 561 positions, according to its published holdings. The largest is European Bank for Reconstruction A Mtn 4.27% 20/02/2028 at 1.15% of the fund; the ten largest make up 9.0%. Its ten largest holdings are European Bank for Reconstruction A Mtn 4.27% 20/02/2028 (1.15%), European Bank for Reconstruction A Mtn 4.15% 16/02/2029 (1.09%), International Bank for Reconstruct Mtn 4.37% 19/08/2027 (1.01%), European Bank for Reconstruction A Mtn 4.34% 22/07/2030 (0.90%), Inter-American Development Bank Mtn 4.15% 15/02/2029 (0.81%), International Finance Corp Mtn 4.19% 28/08/2029 (0.81%), Kommunalbanken As Mtn 144A 4.41% 03/03/2028 (0.81%), International Bank for Reconstruct 4.23% 22/11/2028 (0.80%), International Finance Corp Mtn 4.29% 28/08/2028 (0.80%) and Kommunalbanken As Mtn 144A 4.32% 09/04/2029 (0.79%).
What were FLOS’s returns in each of the last five years?
Calendar-year returns of FLOS in pounds (price only, income paid out not included): 2022 −0.7%, 2023 +0.4%, 2024 +0.2%, 2025 −0.3%; 2026 to 13/11/2026 +1.6%. Past performance is not a guide to future returns.
How has FLOS done after inflation?
Over the five years to 13/11/2026 FLOS’s total return was +23.2%, or −3.8% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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