Symbols

FLHY

Franklin High Yield Corporate ETF·CBOE

--(--)

Key Stats

Assets Under Management

861.22MUSD

Fund Flow (1Y)

240.75MUSD

Dividend Yield

6.60%

Discount / Premium to NAV

-0.03%

Shares Outstanding

35.80M

Expense Ratio

0.40%

About Franklin High Yield Corporate ETF

Issuer

Franklin Advisers, Inc.

Brand

Franklin

Home Page

https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/26729/SINGLCLASS/franklin-high-yield-corporate-etf/FLHY

Inception Date

May 30, 2018

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Franklin Advisers, Inc.

Distributor

Franklin Distributors LLC

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 fund's 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.