Franklin FTSE Japan ETF (FLJP)

NYSEARCA: FLJP · Real-Time Price · USD
30.28
-0.15 (-0.49%)
At close: Oct 2, 2024, 4:00 PM
30.03
-0.25 (-0.83%)
Pre-market: Oct 3, 2024, 4:34 AM EDT
-0.49%
Assets $2.10B
Expense Ratio 0.09%
PE Ratio 13.98
Shares Out 69.00M
Dividend (ttm) $1.50
Dividend Yield 4.97%
Ex-Dividend Date Jun 21, 2024
Payout Ratio 69.45%
1-Year Return +14.48%
Volume 463,089
Open 30.22
Previous Close 30.43
Day's Range 30.09 - 30.35
52-Week Low 25.10
52-Week High 31.30
Beta 0.64
Holdings 498
Inception Date Nov 2, 2017

About FLJP

Fund Home Page

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is issued by Franklin Templeton.

Asset Class Equity
Category Japan Stock
Region Asia-Pacific
Stock Exchange NYSEARCA
Ticker Symbol FLJP
ETF Provider Franklin Templeton
Index Tracked FTSE Japan RIC Capped Index

Top 10 Holdings

22.58% of assets
Name Symbol Weight
Toyota Motor Corporation 7203 4.67%
Hitachi, Ltd. 6501 2.55%
Sony Group Corporation 6758 2.46%
Mitsubishi UFJ Financial Group, Inc. 8306 2.35%
Keyence Corporation 6861 1.98%
Recruit Holdings Co., Ltd. 6098 1.79%
Mitsubishi Corporation 8058 1.76%
Shin-Etsu Chemical Co., Ltd. 4063 1.73%
Tokyo Electron Limited 8035 1.72%
Sumitomo Mitsui Financial Group, Inc. 8316 1.57%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 21, 2024 $1.02647 Jun 28, 2024
Dec 15, 2023 $0.47782 Dec 26, 2023
Jun 16, 2023 $0.36095 Jun 27, 2023
Dec 16, 2022 $0.20535 Dec 22, 2022
Jun 17, 2022 $0.25529 Jun 28, 2022
Dec 13, 2021 $0.31141 Dec 21, 2021
Full Dividend History

News

Japan: Hotter Than Expected Inflation, Output Rebound Should Support The BoJ's Policy Normalization

Today's data were a mixed bag, but the Bank of Japan will pay more attention to the sharp rise in Tokyo's inflation. Tokyo consumer prices rose more than expected to 2.6% YoY (vs 2.2% in July, 2.3% ma...

4 weeks ago - Seeking Alpha

Third Quarter Economy Signals Sought From Flash PMI Data After Japan GDP Shows Rebound

Japan's economy enjoyed a strong second quarter, according to official data, which corroborates recent robust survey data. Gross domestic product rose 0.8% in the three months to June, according to in...

6 weeks ago - Seeking Alpha

BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen

The “real” policy rate is massively negative, with the new policy rate of 0.25% far below Core CPI of 2.6%. When QT reaches about ¥3 trillion per month in 2026, it would represent a reduction of its J...

2 months ago - Seeking Alpha

FLJP: A Good Japan Fund, But Be Careful Of The Yen

Japan's markets have been strong due to Yen weakness, making Franklin FTSE Japan ETF a good long-term investment option for exposure to Japan's competitive and efficient markets. The FLJP ETF mirrors ...

2 months ago - Seeking Alpha

Escape Velocity: Japan's Drift Toward Sustained Inflation

Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether ...

3 months ago - Seeking Alpha

What's The Next Step For The Bank of Japan?

In March, the Bank of Japan abolished its 8-year-old negative interest rate policy, hiking rates for the first time in 17 years by raising its benchmark rate to 0-0.1%. To combat inflation while also ...

4 months ago - Seeking Alpha

Mixed Japanese Data Supports BoJ's Policy Normalization

We'd rather downplay the weaker-than-expected manufacturing data and focus on a solid recovery in retail sales and a reacceleration in inflation, which will be welcomed by the Bank of Japan. Inflation...

4 months ago - Seeking Alpha

What Has Led To Japan's Come-Back?

By end-April 2024, Japanese equities had outperformed the FTSE All-World index over 12 months and in the year to date. Japan has undertaken significant structural corporate reforms in recent years.

4 months ago - Seeking Alpha

Weak Yen Unlikely To End Japan's Rally

A weak yen is unlikely to end the positive momentum in Japanese equities. The drivers of the recent rally remain, so we stay overweight Japanese stocks.

5 months ago - Seeking Alpha

FLJP: On Second Thought, The Yen Probably Stays Weak

The Franklin FTSE Japan ETF is mostly value-weighted and has an overweight position in consumer discretionary and IT sectors. The Yen is weak, which is generally good for the FLJP, but it could derail...

5 months ago - Seeking Alpha

Japan's Stock Rally Has Room to Run, This Expert Says. What He's Buying Now.

Masa Takeda, manager of the Hennessy Japan fund, likes insurance and semiconductor shares, and 7-Eleven parent Seven & I.

5 months ago - Barrons

Japanese Industrial Production Strengthens As Retail Sales Disappoint

March activity data was a mixed bag in Japan. Weak manufacturing weighed on growth in the first quarter of the year.

5 months ago - Seeking Alpha

Cooler Inflation Ahead Of The Bank of Japan Meeting

Inflation slowed down in March but underlying inflationary pressures are still alive. The BoJ's pause at its next week's meeting is widely expected but markets will pay more attention to the BoJ's qua...

5 months ago - Seeking Alpha

Can Japan's Stock Market Continue Its Record-Setting Run?

Japan's equity benchmark, the Nikkei 225 Index, has been on a tear in 2024, eclipsing its previous high set back in 1989. As of early April, the index is hovering near 40,000. Solid economic growth, a...

6 months ago - Seeking Alpha

The Bank of Japan's New Path Ahead

The Bank of Japan is set to normalise monetary policy when certain conditions are met, namely inflation, positive real cash earnings, and a recovery in domestic demand growth. We expect the window for...

6 months ago - Seeking Alpha

The End Of Japan's Negative Interest Rates: What It Means For Gold

The Bank of Japan's historic move to end the country's negative interest rate policy after nearly two decades triggered a jolt upward to new all-time highs for gold against the yen. The BoJ announced ...

6 months ago - Seeking Alpha

Investors push a Japanese ETF to fresh highs, seeking protection from a falling yen

Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at one of the currency-hedged Japan ETFs, which reached its all-time high on Thursday...

6 months ago - Market Watch

Japan Flash PMI Signals Accelerating Growth Momentum And Rising Inflation In March 2024

Japan's private sector picked up growth momentum into the end of the first quarter, according to flash PMI data.

7 months ago - Seeking Alpha

End Of An Era - Bank of Japan Reverses Negative Interest Rate Policy

Kazuo Ueda becomes Governor of the Bank of Japan, continuing the loose monetary policies implemented by his predecessor. The BOJ raises short rates from -0.1% to 0.1%, becoming the last central bank t...

7 months ago - Seeking Alpha

Flash Insights: Bank of Japan - A 'Watchful' Adjustment

The Bank of Japan raised interest rates for the first time since 2007 and has eliminated the yield curve control framework. According to the central bank, the virtuous cycle between wages and prices w...

7 months ago - Seeking Alpha

Bank of Japan Pivot Proves Underwhelming For Markets

The Bank of Japan has now ended decades of unconventional and aggressive monetary easing. Strong wage negotiation results played a crucial role in today's move.

7 months ago - Seeking Alpha

FLJP: Fragile Growth Of Japanese Equities May Not Last For Long

Franklin FTSE Japan ETF may seem like a solid option for exposure to Japanese equities with low expense ratio and acceptable liquidity. FLJP ETF underperformed against the S&P500 despite the strong ra...

7 months ago - Seeking Alpha

Flash PMI Signal Cooling Inflation And Stagnating Private Sector Activity In Japan

Japan's private sector activity broadly stagnated in February according to flash PMI data, attributed to a combination of slowing services activity growth and an acceleration in manufacturing output c...

7 months ago - Seeking Alpha

Asia-Pacific Is Not Just China

While the China macro story of ongoing transition is a headwind to the rest of Asia, there is more to the region's economic health than this.

8 months ago - Seeking Alpha

The Rally In Japanese Stocks

Japan's economic growth is projected to decelerate to 0.9% in 2024 and 0.8% in 2025. Government policies have helped the recovery of Japanese stocks and will continue to be a positive factor going for...

8 months ago - Seeking Alpha