Franklin Investment Grade Corporate ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
The Franklin Liberty Investment Grade Corporate ETF is an actively-managed fund that uses a combined top-down and bottom-up approach to select investment-grade USD-denominated bonds without a duration target. |
Category | Corporate |
Fund Sponsor | Franklin ETF Trust |
Website | www.libertyshares.com |
Inception date | Oct 03, 2016 |
Assets (mns) | $574 |
Currency | USD |
Expense ratio | 35 bp |
Distributions | Monthly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Proprietary |
Index replication |
No. of constituents | 162 |
No of distinct issuers | 139 |
Inflation protected | 0% |
Variable/Fixed coupon | 20% /80% |
Non-standard maturity (callable, etc.) | 89% |
0.0% // | 1.7 % |
0.0% // | 1.6 % |
0.0% // | 1.3 % |
0.0% // | 1.2 % |
0.0% // | 1.2 % |
0.0% // | 1.2 % |
0.0% // | 1.2 % |
0.0% // | 1.1 % |
0.0% // | 1.1 % |
0.0% // | 1.1 % |
TOTAL | 12.8 % |
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BANK OF AMERICA CORPORATION | 2.7% |
JPMORGAN CHASE & CO. | 2.3% |
MORGAN STANLEY | 1.8% |
VERIZON COMMUNICATIONS INC. | 1.7% |
GOLDMAN SACHS GROUP, INC. | 1.6% |
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UNITED STATES | 78.3 % |
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FRANCE | 3.1 % |
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UNITED KINGDOM | 2.1 % |
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NETHERLANDS | 1.7 % |
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SINGAPORE | 1.5 % |
HISTORICAL RETURNS 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
3.5% | 5.6% | -0.5% | -- | 1.8% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 1.17 | 95% |
S&P500 | 0.39 | 51% |
MSCI EAFE | 0.44 | 68% |
MSCI Emg. Mkts. | 0.39 | 57% |
Recent close | $21.46 |
30d moving avg. | $21.20 |
Annualized volatility | 8.8% |
Short interest (ETF) | 0.3% |
Relative strength (RSI) | 58 |
Avg. volume (thou.) | 42 |
Avg. daily value traded (mns) | $1 |
Turnover | 0.2% |
Bid/Ask (% of price) | 0.07 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
FLCO | 7.7 yrs | Category Avg.* |
4.7 yrs |
FLCO | 7.5% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 8.55% | -20.4% | $17.09 |
+200 bp | 7.55% | -14.0% | $18.45 |
+150 bp | 7.05% | -10.7% | $19.16 |
+100 bp | 6.55% | -7.2% | $19.90 |
+75 bp | 6.30% | -5.5% | $20.28 |
+50 bp | 6.05% | -3.7% | $20.67 |
+25 bp | 5.80% | -1.9% | $21.06 |
0 bp | 5.55% | 0% | $21.46 |
-25 bp | 5.30% | 1.9% | $21.86 |
-50 bp | 5.05% | 3.8% | $22.27 |
-75 bp | 4.80% | 5.7% | $22.69 |
-100 bp | 4.55% | 7.7% | $23.11 |
-150 bp | 4.05% | 11.7% | $23.97 |
-200 bp | 3.55% | 15.9% | $24.86 |
-300 bp | 2.55% | 24.5% | $26.71 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity ![]() |
555 | bp |
Less: Annual "default factor" ![]() |
19 | bp |
Less: Expense ratio | 35 | bp |
Equals: ALTAR Score | 5.01 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.2% |
Corporate | 4.0% |
Emerging Market | 5.7% |
Government | 7.3% |
Inflation Protected | 2.4% |
Mortgage | 5.0% |
Municipals | 3.5% |
*Note: The Franklin Investment Grade Corporate ETF is classified as a Corporate fund. |