Skip to content
etf.net

USLN

GradeBChicago Board Options Exchange

iShares Trust - iShares Broad USD Floating Rate Loan ETF

Specialty Bonds · IShares · Inception 2026-03-02 · SEC filings

$50.64−0.05 (−0.10%)

As of Sep 23, 2026, 12:31 PM EDT

History starts Mar 4, 2026.History starts Mar 4, 2026.
Intraday session: down, 3 prints from 50.69 to 50.64. Range 50.61 to 50.69. Use the arrow keys to read each point.$50.62$50.66$50.6810 AM12 PM2 PM4 PM
Expense ratio
0.43%
Fund size
$25M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
291
Volume · 30D
0M sh
NAV per share
$50.55
52W range
low $50.34high $54.47

The ETF.net USLN Grade

B

56/ 100

Rank 2 of 11 in Bank Loan⁠

Confidence Medium

Six-pillar profile for USLN. Scores out of 100: Cost 84, Risk 84, Mission not scored, Tradability 4, Holdings 25, Durability 26. Strongest: Cost (84). Weakest: Tradability (4). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 84
    Category rank2/11 · top 18%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 84
    Category rank1/11 · top 9%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 4
    Category rank11/11 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 25
    Category rank10/11 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 26
    Category rank11/11 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

USLN Holdings

As of Sep 22, 2026, 5:17 AM
Asset class
Bonds
Holdings
291
Top-10 weight
27%
Largest holding
BLK CSH FND TREASURY SL AGENCY12.6%

Geography

  • United States95.08%
  • Luxembourg1.68%
  • Canada1.58%
  • United Kingdom0.87%
  • Netherlands0.79%
The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—BLK CSH FND TREASURY SL AGENCY12.55%3,170,000$3M440
002—ISHARES IBOXX $ HIGH YIELD CORPORA3.49%11,228$882K3
003—ISHARES BROAD USD HIGH YIELD CORPO3.47%24,135$877K3
004—HOLOGIC (HOPPER MERGER SUB INC) TL-B 5.99% 04/07/20331.17%3,000$296K17
005—DAYFORCE (DAWN BIDCO LLC) TL-B 6.82% 02/04/20331.15%3,000$290K8
006—AMWINS (AMWINS GROUP INC) TL-B 5.64% 01/30/20321.08%2,743$272K8
007—FOCUS FIN (FCS FINC PTNRS LL) INCR TL-B 6.19% 09/15/20311.07%2,742$271K10
008—MORTON SALT (SCIH SALT HOLDINGS IN TL-B 6.50% 08/13/20310.99%2,500$249K6
009—UKG (UKG INC) TL-B 6.07% 02/10/20310.96%2,487$243K9
010—COTIVITI (COTIVITI INC) (FRN) TL-B 6.43% 05/01/20310.96%2,495$241K6
011—GAINWELL (GAINWELL ACQ CORP) TL-B 8.22% 08/19/20310.89%2,238$226K7
012—BASS PRO (GREAT OUTDOORS GROUP LLC TL-B3 6.94% 01/23/20320.89%2,239$225K9
013—PROOFPOINT (PROOFPOINT INC) TL-B 8.14% 08/31/20300.89%2,239$224K10
014—SS&C (SS&C TECHNOLOGIES INC) TL-B8 5.69% 05/09/20310.88%2,221$222K3
015—TRUIST (CRC INSURANCE GROUP LLC) TL-B 6.48% 05/06/20310.88%2,250$222K6

Showing 1–15 of 292 holdings

USLN Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

USLN$10,212
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. USLN $10,212. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for USLN. Periods over one year show the average yearly return.
PeriodUSLN
Year to dateFund launched this year—
1 month+0.6%
3 months+2.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for USLN
YearReturn barUSLN
2026 YTD+3.8%

History from Mar 4, 2026

USLN in the news

ETF.net Research hasn’t filed on USLN yet — coverage lands here as it’s written.

USLN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.34 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 5 payments in 2026 YTD. May 1, 2026 $0.48; Jun 1, 2026 $0.31; Jul 1, 2026 $0.30; Aug 3, 2026 $0.32; Sep 1, 2026 $0.34. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.34
Aug 3, 2026Aug 6, 2026$0.32
Jul 1, 2026Jul 7, 2026$0.30
Jun 1, 2026Jun 4, 2026$0.31
May 1, 2026May 6, 2026$0.48

USLN Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.13
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

USLN Cost

Expense ratio0.43%
  • The middle half of Bank Loan funds
  • Median 0.62%

1 of the 11 Bank Loan funds charge less.

USLN costs $43.00 a year on $10,000. The median Bank Loan fund costs $62.00.