Key stats
About Franklin U.S Core Bond ETF
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Inception date
Sep 17, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
ISIN
US35473P5531
FLCB offers Agg-like exposure with active management. It explicitly aims for performance within 50 to 100 bps of the Bloomberg U.S. Aggregate Bond Index, with similar sector, credit and rate risk. Thus the portfolio at any time is likely dominated by Treasurys, MBS and US corporates. The managers aim to add value with top-down evaluation of macro conditions and bottom-up analysis of sectors, industries and issuers. While active management is the norm for bond ETFs from this issuer, most competing broad US IG bond ETFs track indexes. The funds benchmark aware approach seems built for core allocation, so active FLCB competes with directly with passive Agg-tracking ETFs. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty U.S. Core Bond ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Securitized
Corporate
Bonds, Cash & Other100.00%
Government41.29%
Securitized28.93%
Corporate28.32%
Mutual fund0.72%
Municipal0.66%
Cash0.08%
Stock breakdown by region
North America95.64%
Europe4.08%
Asia0.27%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLCB invests in bonds. The fund's major sectors are Government, with 41.29% stocks, and Securitized, with 28.93% of the basket. The assets are mostly located in the North America region.
FLCB top holdings are United States Treasury Notes 1.25% 31-DEC-2026 and United States Treasury Notes 3.25% 30-JUN-2027, occupying 6.32% and 4.54% of the portfolio correspondingly.
FLCB last dividends amounted to 0.08 USD. The month before, the issuer paid 0.08 USD in dividends, which shows a 7.33% decrease.
FLCB assets under management is 2.72 B USD. It's risen 1.71% over the last month.
FLCB fund flows account for 381.65 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FLCB pays dividends to its holders with the dividend yield of 4.07%. The last dividend (Sep 5, 2025) amounted to 0.08 USD. The dividends are paid monthly.
FLCB shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Sep 17, 2019, and its management style is Active.
FLCB expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
FLCB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLCB invests in bonds.
FLCB price has risen by 0.74% over the last month, and its yearly performance shows a −1.59% decrease. See more dynamics on FLCB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.13% increase in three-month performance and has increased by 2.62% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.13% increase in three-month performance and has increased by 2.62% in a year.
FLCB trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.