FLGV

Franklin U.S. Treasury Bond ETF

$20.61

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Franklin U.S. Treasury Bond ETF (FLGV) seeks to provide current income by investing primarily in U.S. Treasury bonds.

Overview

ETF tracking Franklin U.S. Treasury Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2020-06-11

Market Cap $1.1B

Average Volume N/A

Dividend Yield 3.37%

52-Week Range $19.92 - $20.89

VWAP $20.61

Performance

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Investment Summary

📎 Investment Objective

The Franklin U.S. Treasury Bond ETF (FLGV) seeks to provide current income by investing primarily in U.S. Treasury bonds.

🎯 Investment Strategy

The fund tracks the ICE BofA Current 5-Year U.S. Treasury Index, which measures the performance of U.S. Treasury securities with remaining maturities of approximately 5 years. The fund invests in a portfolio of U.S. Treasury bonds that aims to replicate the index's composition and risk/return characteristics.

✨ Key Features

Focuses on U.S. Treasury bonds, considered one of the safest fixed income investments
Targets a 5-year average maturity, providing moderate interest rate risk
Passively managed to track the performance of the underlying index
Extremely low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline when interest rates rise
Reinvestment risk: Coupon payments may need to be reinvested at lower yields
Liquidity risk: Treasury bonds may become less liquid during periods of market stress
Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The Franklin U.S. Treasury Bond ETF is best suited for conservative, risk-averse investors seeking stable income and low-risk exposure to U.S. government debt. It may be appropriate as a core fixed income holding or for investors looking to reduce overall portfolio volatility.