Key stats
About Franklin High Yield Corporate ETF
Expense ratio
0.40%
Home page
Inception date
May 30, 2018
FLHY has broad leeway in fulfilling its mandate for high income. The fund may hold any kind of high-yield corporate debt, from issuers in any geography (including emerging markets), denominated in any currency. The fund may also use OTC derivatives to gain exposure to high-yield debt, increase liquidity, hedge currency exposure, or for other hedging purposes. The funds active manager uses a bottom-up research process, including independent credit analysis, to identify attractive investment opportunities. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty High Yield Corporate ETF.
Classification
What's in the fund
Exposure type
Corporate
Stocks0.10%
Utilities0.10%
Bonds, Cash & Other99.90%
Corporate93.63%
Loans3.17%
Government2.72%
Miscellaneous0.43%
Cash−0.05%