State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs MPLX LP — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77, while MPLX LP trades at $59.35 (market cap $60.12B). The key difference: MPLX LP pays a 7.26% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none, and MPLX LP is trading nearer its 52-week high, State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF nearer its low. Which is the better fit depends on your goals.
| FLRN | MPLX | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $30.86 | $60.51 |
52-Week Low | $30.65 | $47.80 |
Market Cap | — | $60.12B |
Enterprise Value | — | $85.22B |
Dividend Yield | — | 7.26% |
Trailing returns across standard periods
Latest headlines on both assets
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 →MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →