TFLR: More History Improves Rating On This Floating-Rate ETF, Now A Buy

  • T. Rowe Price Floating Rate ETF offers a compelling mix of high current income and risk management, making it a strong complement to fixed-rate debt funds in a diversified portfolio. Recent performance shows TFLR outperforming other floating-rate ETFs, justifying my Buy rating despite a recent dip in distributions. Compared to peers, TFLR stands out for its risk-adjusted returns, longer duration, and competitive yield, appealing to risk-averse income investors.