Franklin Ultra Short Bond ETF (FLUD)
Franklin Ultra Short Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $24.96, down 0.05% on the session, giving a market capitalisation of $187.7M. Its beta of 0.03 implies it has historically moved less than the broad market.
The Franklin Ultra Short Bond ETF (FLUD) aims to generate a substantial stream of current income while carefully protecting investors' initial capital. It accomplishes this by primarily investing in a variety of fixed-income securities and other instruments that provide bond market exposure. A defining feature of its investment approach is maintaining an average portfolio duration of no more than one year.
Franklin Ultra Short Bond ETF is most often compared with the following Financial Services names: