AdvisorShares Pacific Asset Enhanced Floating Rate ETF (FLRT) ETF
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AdvisorShares Pacific Asset Enhanced Floating Rate ETF (FLRT) ETF Bio
The investment objective of the AdvisorShares Pacific Asset Enhanced Floating Rate ETF seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income producing floating rate loans and floating rate debt securities. Under normal circumstances, it will invest at least 80% of its net assets in floating rate loans and other floating rate debt securities and in derivatives or other instruments that have economic characteristics similar to such securities (such as swap agreements, including, but not limited to, total return swaps, credit default swaps, and interest rate swaps).