Franklin Investment Grade Corporate ETF (FLCO)

NYSEARCA: FLCO · IEX Real-Time Price · USD
20.48
+0.02 (0.10%)
Sep 27, 2022 9:30 AM EDT - Market open
0.10%
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.

Asset Class Fixed Income
Sector Income
Region Global
Issuer Franklin Templeton
Stock Exchange NYSEARCA
Ticker Symbol FLCO
Index Tracked Bloomberg Barclays Global Aggregate Corporate Bond Index

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%
View More Holdings

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
Full Dividend History

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 ...

2 weeks ago - ETF Trends

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...

Other symbols: FLHYFLQMFLQSFLBLFLCB
1 month ago - ETF Trends

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...

3 months ago - ETF Trends

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...

2 years ago - ETF Trends

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.

2 years ago - ETF Trends