iShares € Floating Rate Bond Advanced UCITS ETF

iShares € Floating Rate Bond Advanced UCITS ETF is an exchange-traded fund that tracks the Bloomberg MSCI EUR FRN Corporate 3% Issuer Cap Bond Sustainable SRI Index. It provides exposure to euro-denominated, investment-grade floating rate corporate bonds with remaining maturities of at least one month and minimum issuance sizes of €300 million, capping individual issuer exposure at 3% for diversification. The fund employs physical sampling replication, holding a representative subset of over 130 securities from sectors like financial institutions and multinational corporates, while integrating ESG criteria through Bloomberg MSCI SRI screens that exclude controversial activities such as tobacco, gambling, and nuclear power. Launched in June 2018 and domiciled in Ireland, it features a low total expense ratio of 0.10%, semi-annual income distributions, short effective duration of 0.16 years, and average weighted maturity of 1.40 years, offering reduced sensitivity to interest rate fluctuations. Managed by BlackRock under iShares, this Article 8 SFDR-classified ETF serves investors seeking stable income and capital preservation in the euro fixed-income market with a sustainability focus.