FLCO

Franklin Investment Grade Corporate ETF

$21.66

+0.00%

Market closed. Last update: 12:33 PM ET

📎 Investment Objective

The Franklin Investment Grade Corporate ETF (FLCO) seeks to provide a high level of current income by investing primarily in investment-grade corporate bonds.

Overview

ETF tracking Franklin Investment Grade Corporate ETF

Category Corporate Bonds

Issuer Other

Inception Date 2016-10-05

Market Cap $606.5M

Average Volume N/A

Dividend Yield 3.81%

52-Week Range $20.82 - $22.09

VWAP $21.68

Performance

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Investment Summary

📎 Investment Objective

The Franklin Investment Grade Corporate ETF (FLCO) seeks to provide a high level of current income by investing primarily in investment-grade corporate bonds.

🎯 Investment Strategy

The fund invests at least 80% of its net assets in investment-grade corporate bonds. The portfolio managers use a combination of top-down and bottom-up analysis to identify bonds that they believe offer attractive income potential and risk-adjusted returns.

✨ Key Features

Focuses on investment-grade corporate bonds to generate current income
Actively managed approach to bond selection and portfolio construction
Diversified exposure to the investment-grade corporate bond market
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline when interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the underlying corporate bonds
Liquidity risk: The fund may have difficulty selling certain bonds, especially in times of market stress
Concentration risk: The fund's performance may be more volatile due to its focus on the corporate bond market

👤 Best For

This ETF may be suitable for investors seeking current income and exposure to the investment-grade corporate bond market. It may be appropriate as a core fixed income holding or as a complement to a diversified portfolio. Investors should have a medium-term investment horizon and be willing to accept the risks associated with corporate bond investments.