USLN - iShares Trust - iShares Broad USD Floating Rate Loan ETF
USLN tracks an index of USD-denominated institutional floating rate loans, also known as leveraged or bank loans. These loans feature periodic interest rate adjustments and are typically below investment grade, senior secured instruments offering higher rates due to the risks of lending to borrowers with higher debt levels. Eligible loans must be first-lien, syndicated in the US, with at least $1 billion outstanding, 18 months to maturity, rated BB+ or below, and offer a minimum 125 basis-point spread above the base rate.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $22.6M
- Beta
- 0.14
- 52-Week Range
- 49.94-54.47
- Dividend Yield
- $1.74
- IPO Date
- Mar 4, 2026
- Exchange
- CBOE
USLN Options Snapshot
Options pricing data for USLN is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The USLN overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
USLN fund facts: expense ratio 0.43%, assets under management $25.0M, NAV $50.00 as of the data source's update on Oct 7, 2026, 345 holdings in its latest file, launched Mar 3, 2026, issued by IShares. See the USLN holdings.
Frequently asked USLN overview questions
- What is USLN?
- USLN is the ticker symbol for iShares Trust - iShares Broad USD Floating Rate Loan ETF, an listed exchange-traded fund. USLN tracks an index of USD-denominated institutional floating rate loans, also known as leveraged or bank loans. These loans feature periodic interest rate adjustments and are typically below investment grade, senior secured instruments offering higher rates due to the risks of lending to borrowers with higher debt levels. Listed on CBOE. USLN is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are USLN's key statistics?
- iShares Trust - iShares Broad USD Floating Rate Loan ETF (USLN) carries a market capitalization of $22.6M, 52-week range of 49.94-54.47. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does USLN belong to?
- iShares Trust - iShares Broad USD Floating Rate Loan ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare USLN's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the USLN data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for USLN, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.