Story thread · 2 reports / 2 sources
$100,000 in FLOT Yields About $4,040. The Catch Is 47% Bank Exposure
247wallst.com · 2h · first report
How the coverage leans
Across 2 sources · syndicated copies counted once
FLOT looks like a cash substitute with a floating yield, but nearly half its portfolio hides a concentration risk that most investors scanning the headline number never think to check.
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