Key stats
About Franklin Templeton ETF Trust Franklin Income Focus ETF
Expense ratio
0.38%
Home page
Inception date
Jun 8, 2023
INCM seeks high current income by investing in a broad, multi-asset portfolio using a dynamic allocation approach that adapts to changing market conditions. The portfolio includes dividend-yielding stocks, convertible preferred securities, secured and unsecured bonds, senior floating rate loans, mortgage-backed securities, debentures, and shorter-term instruments. The fund may hold up to 30% of its assets in equity index-linked notes and up to 25% in junk bonds. It may invest up to 25% in foreign issuers. Investments in bonds may include both US and foreign corporate and government debt. In selecting investments, the fund adviser utilizes a bottom-up, value-oriented, long-term approach focusing on price relative to long-term earnings, asset value, and cash flow potential. The adviser has full discretion to buy, hold, or sell securities at any time. The fund may utilize a variety of derivatives to enhance returns, increase liquidity, gain exposure, and hedge risks.
Classification
What's in the fund
Exposure type
Corporate
Government
Stocks27.83%
Finance4.83%
Electronic Technology4.23%
Utilities3.42%
Energy Minerals3.16%
Consumer Non-Durables3.11%
Health Technology2.94%
Retail Trade1.37%
Process Industries1.21%
Non-Energy Minerals0.75%
Communications0.73%
Technology Services0.72%
Producer Manufacturing0.60%
Transportation0.40%
Consumer Services0.38%
Bonds, Cash & Other72.17%
Corporate49.74%
Government11.27%
Cash9.86%
Miscellaneous1.30%