FLBL
Franklin Senior Loan ETF
📎 Investment Objective
The Franklin Senior Loan ETF seeks to provide a high level of current income.
Overview
ETF tracking Franklin Senior Loan ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Franklin Senior Loan ETF seeks to provide a high level of current income.
🎯 Investment Strategy
The fund invests primarily in senior secured floating-rate loans and other floating-rate debt securities. The portfolio managers aim to construct a diversified portfolio of senior loans and other floating-rate debt instruments to generate a high level of current income.
✨ Key Features
- Invests primarily in senior secured floating-rate loans and other floating-rate debt securities
- Seeks to provide a high level of current income
- Diversified portfolio of senior loans and other floating-rate debt instruments
- Actively managed by an experienced team of portfolio managers
⚠️ Primary Risks
- Credit risk: The fund is subject to the risk that a borrower may be unable to make principal and interest payments on its obligations
- Interest rate risk: Floating-rate loans and securities are subject to interest rate risk, as their income payments may decline as interest rates rise
- Liquidity risk: The fund may have difficulty selling certain senior loans and other debt instruments, which could adversely impact the fund's performance
- Sector concentration risk: The fund may be more susceptible to economic, political, or regulatory events affecting the financial services sector
👤 Best For
The Franklin Senior Loan ETF may be suitable for investors seeking a high level of current income and who are willing to accept the risks associated with investing in senior loans and other floating-rate debt securities. Investors should have a medium-term investment horizon and be comfortable with the fund's level of credit and interest rate risk.