Franklin Liberty High Etf Profile

FLHY Etf  USD 24.12  0.02  0.08%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
Franklin Liberty is trading at 24.12 as of the 24th of November 2024; that is 0.08 percent increase since the beginning of the trading day. The etf's open price was 24.1. Franklin Liberty has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Franklin Liberty High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in high yield corporate debt securities and investments that provide exposure to high yield corporate debt securities. Franklin Liberty is traded on BATS Exchange in the United States. More on Franklin Liberty High

Moving together with Franklin Etf

  0.89HYG iShares iBoxx High Sell-off TrendPairCorr
  0.9USHY iShares Broad USD Sell-off TrendPairCorr
  0.92JNK SPDR Bloomberg HighPairCorr
  0.77SHYG iShares 0 5PairCorr
  0.9HYLB Xtrackers USD HighPairCorr
  0.77SJNK SPDR Bloomberg ShortPairCorr

Franklin Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationHigh Yield ETFs, Corporate ETFs, High Yield Bond, Franklin Templeton Investments (View all Sectors)
IssuerFranklin Templeton Investments
Inception Date2018-05-30
Entity TypeRegulated Investment Company
Asset Under Management595.63 Million
Average Trading Valume200,249.1
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationBlended Development
RegionGlobal
AdministratorFranklin Templeton Services, LLC
AdvisorFranklin Advisers, Inc.
CustodianState Street Bank and Trust Company
DistributorFranklin Distributors, LLC
Portfolio ManagerGlenn I. Voyles, Patricia OConnor, Jonathan G. Belk, Thomas Runkel, Pururav Thoutireddy
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Mar
ExchangeCboe BZX Exchange, Inc.
Number of Constituents255
Market MakerJane Street
Total Expense0.4
Management Fee0.4
Country NameUSA
Returns Y T D8.63
NameFranklin Liberty High Yield Corporate ETF
Currency CodeUSD
Open FigiBBG00L2CL634
In Threey Volatility8.23
1y Volatility5.38
200 Day M A23.8508
50 Day M A24.2223
CodeFLHY
Updated At23rd of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.02)
Franklin Liberty High [FLHY] is traded in USA and was established 2018-05-30. The fund is listed under High Yield Bond category and is part of Franklin Templeton Investments family. The entity is thematically classified as High Yield ETFs. Franklin Liberty High currently have 221.75 M in assets under management (AUM). , while the total return for the last 3 years was 3.9%.
Check Franklin Liberty Probability Of Bankruptcy

Geographic Allocation (%)

Franklin Liberty Top Holders

FLRQXFranklin Lifesmart 2020Mutual FundTarget-Date 2020
FTCZXFranklin Servative AllocationMutual FundAllocation--30% to 50% Equity
FLROXFranklin Lifesmart 2020Mutual FundTarget-Date 2020
FBRLXFranklin Lifesmart RetirementMutual FundTarget-Date Retirement
FTRTXFranklin Lifesmart 2025Mutual FundTarget-Date 2025
FLMTXFranklin Lifesmart RetirementMutual FundTarget-Date Retirement
FTCCXFranklin Servative AllocationMutual FundAllocation--30% to 50% Equity
FTCIXFranklin Servative AllocationMutual FundAllocation--30% to 50% Equity
More Details

Franklin Liberty High Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin Liberty. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Franklin Liberty Against Markets

When determining whether Franklin Liberty High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Liberty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Liberty High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Liberty High Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Franklin Liberty High is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.