FLHY
Franklin High Yield Corporate ETF
📎 Investment Objective
The Franklin High Yield Corporate ETF seeks to provide a high level of current income by investing primarily in high-yield corporate bonds.
Overview
ETF tracking Franklin High Yield Corporate ETF
Performance
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Investment Summary
📎 Investment Objective
The Franklin High Yield Corporate ETF seeks to provide a high level of current income by investing primarily in high-yield corporate bonds.
🎯 Investment Strategy
The fund invests at least 80% of its net assets in high-yield, lower-rated corporate bonds. The portfolio manager uses fundamental analysis to identify bonds with attractive income potential and risk/return characteristics.
✨ Key Features
- Focuses on high-yield corporate bonds to generate high current income
- Actively managed portfolio seeking to identify undervalued bonds
- Diversified exposure across various industries and issuers
⚠️ Primary Risks
- High-yield bonds are subject to greater credit and default risk compared to investment-grade bonds
- Bonds are vulnerable to interest rate risk, with prices declining as rates rise
- Liquidity risk as high-yield bonds may be less liquid than higher-quality bonds
- Potential for higher volatility and risk of principal loss
👤 Best For
The Franklin High Yield Corporate ETF may be suitable for investors seeking high current income and willing to accept the higher risks associated with high-yield corporate bonds. It is best suited for investors with a medium to long-term investment horizon and a moderate to high-risk tolerance.
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