Franklin Investment Grade Corporate ETF (FLCO)
Franklin Investment Grade Corporate ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $20.95, up 0.10% on the session, giving a market capitalisation of $585.4M. Its beta of 1.09 implies it has historically moved more than the broad market.
This fund aims to generate substantial current income while preserving capital through prudent investment strategies. It primarily invests at least 80% of its net assets in corporate debt and related instruments that hold an investment-grade rating. The fund also has the flexibility to allocate up to 40% of its holdings to international securities, including those in emerging markets, and up to 15% to assets denominated in currencies other than the U.S. dollar.
Franklin Investment Grade Corporate ETF is most often compared with the following Financial Services names: