Franklin Investment Grade Corporate ETF (FLCO)
| Assets | $581.63M |
| NAV | $20.81 |
| Expense Ratio | 0.35% |
| PE Ratio | n/a |
| Shares Out | 27.95M |
| Dividend (ttm) | $0.82 |
| Dividend Yield | 3.99% |
| Ex-Dividend Date | Sep 1, 2022 |
| 1-Year Return | -21.95% |
| Volume | 1,451 |
| Open | 20.70 |
| Previous Close | 20.46 |
| Day's Range | 20.48 - 20.48 |
| 52-Week Low | 20.46 |
| 52-Week High | 26.31 |
| Beta | 0.27 |
| Holdings | 164 |
| Inception Date | Oct 3, 2016 |
About FLCO
Under normal market conditions, the fund invests at least 80% of its net assets in investment grade corporate debt securities and investments. It invests primarily in U.S. dollar denominated corporate debt securities issued by U.S. and foreign companies. The fund may invest in debt securities of any maturity or duration. The fund's focus on the credit quality of its portfolio is intended to reduce credit risk and help to preserve the fund's capital.
Top 10 Holdings
17.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash & Cash Equivalents | n/a | 4.94% |
| VERIZON COMMUNICATIONS | VZ 3.4 03.22.41 | 1.77% |
| BANK OF AMERICA CORP | BAC 4.183 11.25.27 L | 1.45% |
| DELTA AIR LINES/SKYMILES | DAL 4.5 10.20.25 144A | 1.38% |
| WELLS FARGO + COMPANY | WFC V4.808 07.25.28 MTN | 1.35% |
| VISTRA OPERATIONS CO LLC | VST 3.55 07.15.24 144A | 1.31% |
| BPCE SA | BPCEGP 5.7 10.22.23 144A | 1.28% |
| NATIONAL AUSTRALIA BANK | NAB 2.332 08.21.30 144A | 1.23% |
| ESSEX PORTFOLIO LP | ESS 2.65 03.15.32 | 1.20% |
| T MOBILE USA INC | TMUS 2.875 02.15.31 | 1.19% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 1, 2022 | $0.0726 | Sep 8, 2022 |
| Aug 1, 2022 | $0.07902 | Aug 5, 2022 |
| Jul 1, 2022 | $0.067 | Jul 8, 2022 |
| Jun 1, 2022 | $0.06301 | Jun 7, 2022 |
| May 2, 2022 | $0.05794 | May 6, 2022 |
| Apr 1, 2022 | $0.07018 | Apr 7, 2022 |
News
Reasons Mount to Revisit IG Corporate Bonds
Like other corners of the fixed income market, investment-grade corporates are taking their lumps this year at the hands of the Federal Reserve's latest interest rate hiking campaign. Year-to-date, the ...
Franklin Templeton Alters Names, Swaps Indexes on Slew of ETFs
Franklin Templeton is further cementing its status as a rising player in the exchange traded funds industry by announcing that it's changing the names of more than a dozen of its ETFs and swapping under...
It Could Be Time to Revisit This Corporate Bond ETF
With two interest rate hikes already under the Federal Reserve's belt and more on the way as the central bank seeks to damp inflation, 2022 is proving to be a brutal year for fixed income investors. Cor...
The Fed’s Purchasing Plan Could Support Smaller Corporate Bond ETFs
The Federal Reserve has embarked on an unprecedented corporate bond exchange traded fund buying spree that could involve more than just the most popularly invested plays. David Mann, Head of Capital Mar...
An Exciting Time for Fixed-Income ETF Investors
Fixed-income exchange traded fund investors now have more opportunities to tap into tried-and-true strategies offered by seasoned money managers.