Franklin High Yield Corporate ETF (FLHY)

BATS: FLHY · IEX Real-Time Price · USD
21.45
-0.10 (-0.45%)
Sep 29, 2022 4:00 PM EDT - Market closed
-0.45%
Assets $270.32M
NAV $21.45
Expense Ratio 0.40%
PE Ratio n/a
Shares Out 12.60M
Dividend (ttm) $1.45
Dividend Yield 6.77%
Ex-Dividend Date Sep 1, 2022
1-Year Return -18.98%
Volume 1,625,039
Open 21.55
Previous Close 21.55
Day's Range 21.46 - 21.64
52-Week Low 21.43
52-Week High 26.50
Beta 0.43
Holdings 173
Inception Date May 30, 2018

About FLHY

The investment seeks to earn a high level of current income; its secondary goal is to seek capital appreciation to the extent it is possible and consistent with the fund's principal goal. Under normal market conditions, the fund invests at least 80% of its net assets in high yield corporate debt securities and investments that provide exposure to high yield corporate debt securities. It may invest up to 100% of its total assets in high yield debt securities. The fund may invest in debt securities of U.S. and foreign issuers, including those in developing or emerging markets. These securities may be U.S. dollar or non-U.S. dollar denominated.

Asset Class Fixed Income
Region Global
Issuer Franklin Templeton
Stock Exchange BATS
Ticker Symbol FLHY
Index Tracked ICE BofAML US High Yield Constrained Index

Top 10 Holdings

15.66% of assets
Name Symbol Weight
Cash & Cash Equivalents n/a 6.08%
TRANSDIGM INC TDG 6.25 03.15.26 144A 1.17%
CENTENE CORP CNC 4.25 12.15.27 1.14%
INTERGEN NV INTGEN 7 06.30.23 144A 1.09%
CSC HOLDINGS LLC CSCHLD 7.5 04.01.28 144a 1.07%
AMERICAN AIRLINES/AADVAN AAL 5.5 04.20.26 144A 1.06%
HARBOUR ENERGY PLC HBRLN 5.5 10.15.26 144A 1.05%
UNIVISION COMMUNICATIONS UVN 6.625 06.01.27 144A 1.02%
MRT MID PART/MRT MID FIN MMLP 11.5 02.28.25 144A 1.01%
JAGUAR LAND ROVER AUTOMO TTMTIN 5.5 07.15.29 144A 0.97%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 1, 2022 $0.14409 Sep 8, 2022
Aug 1, 2022 $0.08868 Aug 5, 2022
Jul 1, 2022 $0.10574 Jul 8, 2022
Jun 1, 2022 $0.12295 Jun 7, 2022
May 2, 2022 $0.11682 May 6, 2022
Apr 1, 2022 $0.15116 Apr 7, 2022
Full Dividend History

News

Focus on FLHY as a Recession Indicator

Among fixed income assets, high yield corporate bonds are often considered to be reliable indicators of economic strength or weakness. With that notion in mind, the Franklin High Yield Corporate ETF (FL...

1 month 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: FLCOFLQMFLQSFLBLFLCB
1 month ago - ETF Trends

Patient Investors Could Be Rewarded for Junk Bond Faith

The widely followed Markit iBoxx USD Liquid High Yield Index is down 9.56% year-to-date, as of July 28. In a vacuum, that's enough for many investors to gloss over high yield bonds.

2 months ago - ETF Trends

It's Not Your Default: FLHY Remains Interesting Income Idea

The Federal Reserve's interest rate tightening regime is crimping nearly every corner of the fixed income market, including high yield corporate debt. Making matters worse for junk bonds is increasing s...

2 months ago - ETF Trends

Seize Junk Bond Bargains With FLHY

Amid rising interest rates, bonds of nearly all stripes are being punished in 2022. Owing to their status as risk assets, high yield corporate bonds are no exception.

3 months ago - ETF Trends