FLBL

Fund Description
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. Floating interest rates vary with and are periodically adjusted to a generally recognized base interest rate such as the London Interbank Offered Rate (LIBOR) or the Prime Rate. The Fund s senior loans typically hold the most senior position in the capitalization structure of a company and are generally secured by specific collateral. Such senior position means that, in case the company becomes insolvent, the lenders or security holders in a senior position like the Fund s position will typically be paid before other unsecured or subordinated creditors of the company from the assets of the company. The Fund currently limits its investments in debt obligations of non-U.S. entities to no more than 25% of its total assets. The Fund currently invests predominantly in debt obligations that are U.S. dollar-denominated or otherwise provide for payment in U.S. dollars.
Fund Profile
Fund Name Franklin Liberty Senior Loan ETF
Fund Exchange Ticker FLBL
Fund Sponsor Franklin Templeton
Fund ISIN US35473P5952
Net Expense Ratio 0.45 %
Fund Inception Date 30 May 2018
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Bond Type Corporate
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 216.26 Million (USD)
1 Month Total Return -2.18 %
Year To Date Return -5.66 %
1 Year Total Return -3.76 %
3 Year Annualized Total Return 1.03 %
NAV 23.38
Share Outstanding 9,250,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash & Cash Equivalents CASH 0.0395000000
VERSCEND HOLDING CORP BOND 0.0166000000
ERESEARCHTECHNOLOGY INC BOND 0.0155000000
GREENEDEN US HOLDINGS II LLC BOND 0.0151000000
PERATON CORP BOND 0.0147000000
NAVICURE INC BOND 0.0141000000
POLARIS NEWCO, LLC BOND 0.0139000000
GAINWELL ACQUISITION CORP. BOND 0.0128000000
DEERFIELD DAKOTA HOLDING LLC BOND 0.0126000000
HYLAND SOFTWARE INC BOND 0.0126000000