Franklin Senior Loan ETF (FLBL)
Franklin Senior Loan ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $23.04, up 0.04% on the session, giving a market capitalisation of $852.4M. Its beta of 0.05 implies it has historically moved less than the broad market.
The Franklin Senior Loan ETF's primary objective is to generate a substantial stream of ongoing income for investors. A secondary, but important, aim is the safeguarding of capital. To achieve these goals, the fund allocates at least 80% of its total assets to senior loans, or other financial instruments that provide similar exposure to these loan types.
Franklin Senior Loan ETF is most often compared with the following Financial Services names: