Franklin Senior Loan ETFFranklin Senior Loan ETFFranklin Senior Loan ETF

Franklin Senior Loan ETF

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Key stats


Assets under management (AUM)
‪966.41 M‬USD
Fund flows (1Y)
‪672.11 M‬USD
Dividend yield (indicated)
7.72%
Discount/Premium to NAV
0.08%
Shares outstanding
‪40.20 M‬
Expense ratio
0.45%

About Franklin Senior Loan ETF


Brand
Franklin
Inception date
May 30, 2018
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
FLBL invests in USD-denominated senior loans of both US and non-US companies. The fund aims to produce a high level of current income, with capital preservation as a secondary goal. The debt is generally floating rate and sub-investment-grade, rated B- or better, but up to 25% of the funds holdings may have a lower credit rating. Floating rates virtually eliminate the interest rate risk of the portfolio, but can increase the credit risk if issuers struggle to make larger payments when rates rise. Exposure to non-US issuers is capped at 25%. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty Senior Loan ETF.

Classification


Asset Class
Fixed income
Category
Corporate, bank loans
Focus
High yield
Niche
Floating rate
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Loans
Miscellaneous
Government
Stock breakdown by region
96%3%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Neutral
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Neutral
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Summary
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.