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I do not believe it is. I am not finding any listings for it saying that it is floated, even on Remington's listing for it. It would be best to check in with Remington directly to confirm at 1-800-243-9700.

Allan, yes Sir it is Free Floated. Features a 26″ fluted, heavy contour, free floated, 1:10 twist, stainless barrel (.820″ OD at muzzle), stainless steel action, recessed target crown. ---------- https://rifleshooter.com/2012/10/remington-700-sendero-sf-ii-300-win-mag-review/