FLHYFranklin High Yield Corporate ETF
Seeks a high level of current income with capital appreciation as a secondary goal.
By Franklin Templeton Investments · Launched 2018
Annual Cost
0.40%
#2,089 of 6,040 · average
Fund Size
$1.3B
#1,046 of 6,040 · large
Return (1Y)
+3.9%
Track Record
8 years
#1,729 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,374+3.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 12.0% of funddiversified
Institutional Fidu
4.0%
Davita Inc
1.0%
CITIBANK NA
1.0%
Connect Finco SARL/Connect US Finco LLC
0.9%
Beach Acquisition Bidco LLC
0.9%
TreeHouse Foods, Inc.
0.9%
CITIBANK NA
0.9%
Leeward Renewable Energy Operations LLC
0.9%
Fortress Intermediate 3 Inc.
0.9%
Froneri Lux Finco S.a r.l.
0.8%
Asset allocation
Bonds
95.5%
Cash
2.9%
Other
0.9%
Preferred
0.5%
Convertible
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.8%Low
Year-on-year price swings
Max drawdown
-23.2%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.88Decent risk-adjusted returns
Sortino (3Y)
1.30Good downside protection
Bond profile
Duration
7.0 years
Avg maturity
10.0 years
Credit ratings
BBB
4.0%
BB
48.9%
B
35.9%
Below B
7.4%
Other
3.8%
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks a high level of current income with capital appreciation as a secondary goal.
- Strategy
- Invests primarily in high yield corporate debt securities, rated below investment grade, including bonds, notes, and loans. The Fund may invest in U.S. and foreign issuers, including those in emerging markets, and may use derivatives to enhance returns and manage risks.
- Inception date
- May 30, 2018
- Fund family
- Franklin Templeton Investments
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Data updated on 2026-09-18