FLHYFranklin High Yield Corporate ETF

Get income8y track recordRanked #334 of 1,622 in this goal

To earn a high level of current income and seek capital appreciation consistent with the Fund's goal.

By Franklin Templeton Investments · Launched 2018

Annual Cost

0.40%

#2,058 of 5,562 · average

Fund Size

$1.2B

#1,032 of 5,562 · large

Dividend YieldGoal

6.44%

Track Record

8 years

#1,748 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,726+7.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 9.6% of fund✓ well diversified

Franklin Institutional US Government Money Market Fund

1.4%

DAVITA INC

1.0%

KEDRION SPA

0.9%

BEACH ACQUISITION BIDCO

0.9%

RR DONNELLEY & SONS CO

0.9%

WATCO COS LLC/FINANCE CO

0.9%

CONNECT FINCO SARL/CONNE

0.9%

WRANGLER HOLDCO CORP

0.9%

CONCENTRA HEALTH SERVICE

0.9%

WEEKLEY HOMES LLC/ FINAN

0.9%

Asset allocation

Bonds

95.7%

Cash

3.2%

Other

0.8%

Preferred

0.2%

Convertible

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.9%Low

Year-on-year price swings

Max drawdown

-22.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.03Strong risk-adjusted returns

Sortino (3Y)

1.52Good downside protection

Bond profile

Duration

7.1 years

Avg maturity

10.0 years

Credit ratings

BBB

2.2%

49.2%

37.4%

Below B

7.3%

Other

3.8%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: To earn a high level of current income and seek capital appreciation consistent with the Fund's goal.
Strategy: Invests at least 80% of net assets in high yield corporate debt securities, rated below investment grade. May use derivatives for exposure and to enhance returns. The investment manager conducts independent analysis on issuers, focusing on individual securities and sectors.
Inception date: May 30, 2018
Fund family: Franklin Templeton Investments