State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs LTC Properties Inc — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77, while LTC Properties Inc trades at $38.12 (market cap $2.05B). The key difference: LTC Properties Inc pays a 5.98% 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, LTC Properties Inc nearer its low. Which is the better fit depends on your goals.
| FLRN | LTC | |
|---|---|---|
Sector | Sector/Thematic | Real Estate |
52-Week High | $30.86 | $42.81 |
52-Week Low | $30.65 | $33.98 |
Market Cap | — | $2.05B |
Enterprise Value | — | $2.79B |
Dividend Yield | — | 5.98% |
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 →LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and health care real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects. LTC considers merger and acquisition investment as a component of its operational growth strategy.
Read more on LTC →