State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Fox Corp Class B — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.8, while Fox Corp Class B trades at $51.05 (market cap $22.28B). The key difference: Fox Corp Class B pays a 1.11% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none, and State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF is trading nearer its 52-week high, Fox Corp Class B nearer its low. Which is the better fit depends on your goals.
| FLRN | FOX | |
|---|---|---|
Sector | Sector/Thematic | Media |
52-Week High | $30.86 | $67.76 |
52-Week Low | $30.65 | $44.39 |
Market Cap | — | $22.28B |
Enterprise Value | — | $26.25B |
Dividend Yield | — | 1.11% |
Trailing returns across standard periods
FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →Fox represents the assets not sold to Disney by the predecessor firm, Twenty First Century Fox. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, and the Fox Studios lot. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.
Read more on FOX →