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Key Stock Data
The current last sale of $49.46 is -100.00% Lower than the 52 week low.
|Intraday||Last 52 Weeks|
The AdvisorShares Pacific Asset Enhanced Floating Rate ETF seeks to provide a high level of current income. FLRT is managed by Pacific Asset Management (Portfolio Manager). The Portfolio Manager seeks to achieve FLRTs 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. *The Advisor has contractually agreed to keep net expenses from exceeding 1.10% of the Fund%u2019s daily net assets for at least one year from the date of the prospectus and for successive one-year periods thereafter unless the agreement is terminated.