Fund Description
The AdvisorShares Pacific Asset Enhanced Floating Rate ETF (NYSE Arca: FLRT) seeks to provide a high level of current income. FLRT is managed by Pacific Asset Management ( Portfolio Manager ). The Portfolio Manager seeks to achieve FLRT s investment objective by selecting a focused portfolio comprised primarily of income producing floating rate loans and floating rate debt securities (commonly referred to as bank loans, leveraged loans or floating rate loans), which consist of senior secured and unsecured floating rate loans, secured second lien floating rate loans, and other floating rate debt securities of domestic and foreign issuers.
Fund Profile
Fund Name Pacific Asset Enhanced Floating Rate ETF
Fund Exchange Ticker FLRT
Fund Sponsor Advisor Shares
Fund ISIN US00768Y5942
Net Expense Ratio 1.10 %
Fund Inception Date 18 February 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Bond Type Corporate
Credit Quality High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination Multiple Currencies
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 29.25 Million (USD)
1 Month Total Return -0.02 %
Year To Date Return 5.37 %
1 Year Total Return 2.31 %
3 Year Annualized Total Return 3.69 %
NAV 48.75
Share Outstanding 600,000
Top 10 Holdings (13 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
Dun and Bradsteet 02/06/26 Term Loan BOND 0.0171329079
First Data Corporation 04/26/24 Term Loan BOND 0.0170941938
HCA 3/18 B10 03/13/25 Term Loan BOND 0.0169932326
INTELSAT B3 11/27/23 TERM LOAN BOND 0.0169601046
PPDI (Jaguar Holding) 08/18/22 Term Loan BOND 0.0169596390
Level 3 Financing Inc 02/22/24 Term Loan BOND 0.0169338679
Telesat Canada 2/17 Cov-Lite Term Loan BOND 0.0169001324
Kronos Incorporated 11/01/23 Term Loan BOND 0.0168641196
CAESERS RESORTS 12/23/2024 Term Loan BOND 0.0168364632