Welcome to Dividend.com
Please help us personalize your experience.
Select the one that best describes you

Franklin Liberty Senior Loan ETF

etf
FLBL
Dividend policy
None
Price as of:
$24.49 +0.01 +0%
primary theme
Bank Loan
FLBL (ETF)

Franklin Liberty Senior Loan ETF

Dividend policy
None
Price as of:
$24.49 +0.01 +0%
primary theme
Bank Loan
FLBL (ETF)
Franklin Liberty Senior Loan ETF
Dividend policy
None
Price as of:
$24.49 +0.01 +0%
primary theme
Bank Loan

FLBL - Snapshot

Vitals

  • YTD Return -2.5%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $55.3 M
  • Holdings in Top 10 54.3%

52 WEEK LOW AND HIGH

$24.48
$20.13
$25.24

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 51.48%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Bank Loan
  • Fund Type Exchange Traded Fund
  • Investment Style Bank Loan

Compare FLBL to Popular Bank Loan Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$9.16

+0.11%

$6.58 B

4.05%

$0.37

blocked
blocked
blocked

-3.38%

-

$8.20

0.00%

$5.65 B

4.89%

$0.40

blocked
blocked
blocked

-7.24%

-

$10.33

+0.10%

$5.32 B

4.55%

$0.47

blocked
blocked
blocked

-3.64%

-

$8.66

+0.12%

$4.89 B

3.80%

$0.33

blocked
blocked
blocked

-2.15%

-

$6.75

0.00%

$3.79 B

4.51%

$0.30

blocked
blocked
blocked

-9.88%

-

Compare FLBL to Popular Bank Loan ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$22.03

+0.18%

$3.96 B

3.81%

$0.84

blocked
blocked
blocked

-3.46%

-

$45.19

+0.02%

$1.69 B

4.96%

$2.24

blocked
blocked
blocked

-2.98%

-

$46.94

+0.06%

$1.28 B

3.62%

$1.70

blocked
blocked
blocked

-2.05%

-

$15.90

-0.06%

$50.06 M

3.59%

$0.57

blocked
blocked
blocked

-9.35%

-

$48.44

+0.03%

$28.50 M

3.72%

$1.80

blocked
blocked
blocked

-1.58%

-

FLBL - Profile

Distributions

  • YTD Total Return -2.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.02%
DIVIDENDS
  • Dividend Yield 2.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin Liberty Senior Loan ETF
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    May 30, 2018
  • Shares Outstanding
    2300000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Justin Ma

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets in senior loans and investments that provide exposure to senior loans. Senior loans include loans referred to as leveraged loans, bank loans and/or floating rate loans. The fund invests predominantly in income-producing senior floating interest rate corporate loans made to or issued by U.S. companies, non-U.S. entities and U.S. subsidiaries of non-U.S. entities.


FLBL - Performance

Return Ranking - Trailing

Period FLBL Return Category Return Low Category Return High Rank in Category (%)
YTD -2.5% -15.0% 285.6% 21.53%
1 Yr 0.5% -8.4% 6.5% 33.11%
3 Yr N/A* -3.0% 4.9% N/A
5 Yr N/A* 0.2% 5.8% N/A
10 Yr N/A* 1.5% 6.2% N/A

* Annualized

Return Ranking - Calendar

Period FLBL Return Category Return Low Category Return High Rank in Category (%)
2019 3.5% -4.9% 7.5% 27.34%
2018 N/A -9.7% 5.5% N/A
2017 N/A -4.2% 3.7% N/A
2016 N/A -65.0% 12.9% N/A
2015 N/A -15.5% 0.6% N/A

Total Return Ranking - Trailing

Period FLBL Return Category Return Low Category Return High Rank in Category (%)
YTD -2.5% -15.0% 285.6% 21.53%
1 Yr 0.5% -10.6% 5.5% 24.57%
3 Yr N/A* -3.3% 4.6% N/A
5 Yr N/A* 0.2% 5.8% N/A
10 Yr N/A* 1.5% 6.2% N/A

* Annualized

Total Return Ranking - Calendar

Period FLBL Return Category Return Low Category Return High Rank in Category (%)
2019 3.5% -4.9% 7.5% 27.70%
2018 N/A -9.7% 5.5% N/A
2017 N/A -4.2% 7.2% N/A
2016 N/A -65.0% 12.9% N/A
2015 N/A -15.5% 4.8% N/A

FLBL - Holdings

Concentration Analysis

FLBL Category Low Category High FLBL % Rank
Net Assets 55.3 M 7.25 M 6.58 B 94.04%
Number of Holdings 24 13 1173 99.67%
Net Assets in Top 10 1.83 M -149 M 1.09 B 98.67%
Weighting of Top 10 54.26% 5.8% 91.3% 3.67%

Top 10 Holdings

  1. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  2. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  3. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  4. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  5. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  6. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  7. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  8. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  9. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%
  10. Franklin Bissett Core Plus Bon Franklin Bis Core Bd Fu Onl 9.26%

Asset Allocation

Weighting Return Low Return High FLBL % Rank
Bonds
75.52% 17.13% 102.42% 98.01%
Cash
24.48% -2.53% 82.86% 1.99%
Stocks
0.00% 0.00% 6.23% 82.72%
Preferred Stocks
0.00% 0.00% 19.93% 42.52%
Other
0.00% -4.37% 11.49% 68.77%
Convertible Bonds
0.00% 0.00% 2.69% 56.81%

Bond Sector Breakdown

Weighting Return Low Return High FLBL % Rank
Corporate
61.81% 0.00% 99.99% 96.00%
Cash & Equivalents
29.55% 0.00% 82.87% 4.00%
Government
8.64% 0.00% 8.64% 0.33%
Derivative
0.00% 0.00% 11.97% 26.67%
Securitized
0.00% 0.00% 100.00% 53.00%
Municipal
0.00% 0.00% 0.14% 24.33%

Bond Geographic Breakdown

Weighting Return Low Return High FLBL % Rank
US
45.33% 6.20% 99.92% 96.68%
Non US
30.19% 0.00% 93.19% 16.28%

FLBL - Expenses

Operational Fees

FLBL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.01% 27.10% 64.01%
Management Fee 0.65% 0.00% 1.73% 57.76%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.40% N/A

Sales Fees

FLBL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 3.00% N/A

Trading Fees

FLBL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLBL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.48% 5.00% 412.00% 54.64%

FLBL - Distributions

Dividend Yield Analysis

FLBL Category Low Category High FLBL % Rank
Dividend Yield 2.81% 0.00% 4.12% 2.62%

Dividend Distribution Analysis

FLBL Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FLBL Category Low Category High FLBL % Rank
Net Income Ratio 4.02% 1.57% 9.15% 87.54%

Capital Gain Distribution Analysis

FLBL Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

FLBL - Fund Manager Analysis

Managers

Justin Ma


Start Date

Tenure

Tenure Rank

May 30, 2018

2.42

2.4%

Justin Ma is an assistant portfolio manager for Franklin Advisers' Floating Rate Debt Group. He is a portfolio manager on Franklin Floating Rate Daily Access Fund, Franklin Floating Rate PLC, and FTSIIF Franklin Floating Rate II Funds, as well as the floating rate investments of Franklin Templeton Limited Duration Income Trust Fund. Mr. Ma is also a member of the Investment Committee. Mr. Ma joined Franklin Templeton in 2006 as a member of the Futures Program and joined the Floating Rate Debt Group as a portfolio analyst in 2008. Mr. Ma holds a B.A. from Stanford University and is a Chartered Financial Analyst (CFA) Charterholder. He is also a member of the CFA Society of San Francisco (CFASF) and the CFA Institute.

Reema Agarwal


Start Date

Tenure

Tenure Rank

Jan 31, 2019

1.75

1.8%

Reema Agarwal, SVP, Director of the Floating Rate Debt Group, manages a team of research analysts and portfolio managers across the full spectrum of the bank loan market. Prior to this role Reema was the Floating Rate Debt Group Director of Research (2014–2018). Prior to joining the firm in 2004, Ms. Agarwal was with FleetBoston Financial and ABN AMRO Bank N.V. Ms. Agarwal holds an M.B.A. from the Indian Institute of Management, Bangalore. She is a Chartered Financial Analyst (CFA) charter holder and a member of the CFA Society of San Francisco (CFASF).

Margaret Chiu


Start Date

Tenure

Tenure Rank

Mar 01, 2019

1.67

1.7%

Margaret Chiu is a portfolio manager for the Franklin Advisers' Floating Rate Debt Group. Ms. Chiu provides portfolio analytics for the floating rate open-end funds and institutional separate accounts. Ms. Chiu joined Franklin Templeton in 2012 and the Floating Rate Debt Group in 2013. Ms. Chiu holds a B.S. in business administration from the University of California, Berkeley. She is a Chartered Financial Analyst (CFA) charterholder and a Certified Financial Risk Manager (FRM).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 25.52 5.64 1.67

Continue to site >
Trending ETFs